Lifestyle
Nvidia, Indosat plan US$200 million AI centre investment in Indonesia, government says
NVIDIA and Indonesia’s telco firm PT Indosat Ooredoo Hutchison plan to build an artificial intelligence (AI) centre in Central Java in 2024, worth US$200 million, the communication minister said.Budi...
Bank of Japan hints at near-term rate hike, pushing yields higher
BANK of Japan (BOJ) governor Kazuo Ueda said inflation would likely accelerate from “summer towards autumn” as bumper pay hikes push up prices, the Asahi newspaper reported, his strongest...
Asia: Equities tumble, oil extends gains on Middle East worries
ASIAN stocks tumbled on Friday (Apr 5) and oil extended the previous day’s surge on worries that Israel’s war with Hamas could widen to a regional conflict with Iran...
Gold takes breather after record run ahead of US jobs data
GOLD prices hit a pause on Friday (Apr 5) after scaling to historic highs in the previous session on expectations of lower US interest rates this year, while traders...
Singapore stocks slide at Friday’s open; STI down 0.8%
SINGAPORE shares fell at the opening bell on Friday (Apr 5) morning despite broader regional gains, tracking overnight losses in the US market. As at 9.01 am, the Straits...
Goldman Sachs urged to separate CEO, chair roles by proxy advisers
INFLUENTIAL proxy adviser Glass Lewis joined another adviser in urging Goldman Sachs to split the CEO and chairman roles held by David Solomon, and further broke with management by...
US officials to pressure Dutch government on China chip curbs
SENIOR United States officials plan to visit the Netherlands next week to pressure the Dutch government to toughen its China chip equipment curbs, as the Biden administration ramps up...
99 Cents Only Stores announces plans to wind down operations
DISCOUNT retailer 99 Cents Only Stores announced plans to wind down its business operations in a press release on Thursday (Apr 4).The firm has struck an agreement with Hilco...
