Lifestyle
Oil holds near 3-week low as US sanctions interrupt easing tensions
OIL prices held near a three-week low on Thursday as investors weighed mixed US economic data, US sanctions on Venezuela and Iran and easing tensions in the Middle East.Brent futures...
Meta releases early versions of its Llama 3 AI model
META Platforms on Thursday (Apr 18) released early versions of its latest large language model, Llama 3, and an image generator that updates pictures in real time while users...
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
TAIWAN chipmaker TSMC said the biggest earthquake in at least 25 years that struck the island on April 3 caused estimated losses of US$92.44 million to the company in...
US: Wall St opens higher as some chip stocks bounce back after selloff
WALL Street’s main indexes opened higher on Thursday (Apr 18) as some chip stocks rebounded, while investors digested commentary from Federal Reserve officials to ascertain the outlook for interest-rate...
Blackstone reports 1% rise in Q1 earnings
BLACKSTONE, the world’s largest private equity firm, said on Thursday (Apr 18) its first-quarter distributable earnings rose 1 per cent year-on-year, supported by growth in fee-related earnings that was...
UBS shuts some China private funds, will lay off staff: sources
HONG KONG, April 18 (Reuters) - UBS is shutting down some of its China private funds business and will lay off one-third of the staff as the Swiss bank...
War insurance may attract more funds despite heightened risk, says underwriter
THE appetite for insurance that provides cover against damage resulting from acts of war or terrorism could grow bigger amid rising geopolitical tensions because people see money to be...
Genting Singapore propels convincing Singapore market rebound; STI up 1.1%
THE Straits Times Index (STI) ended Thursday (Apr 18) at 3,187.66 points, up 1.1 per cent or 32.97 points, in a convincing recovery from war jitters and interest rate...
