Lifestyle
US dollar index on track for first weekly fall this year
THE US dollar index was on track for its first weekly fall in 2024 on Friday (Feb 23) as investors took a breather from buying the currency following an...
KKR nears US$4 billion deal for Broadcom unit
KKR & Co is nearing a deal worth about US$4 billion to buy a software business from Broadcom, according to people with knowledge of the matter. The acquisition could...
Winking Studios posts 15.5 per cent drop in net profit for H2 FY23
ACER-BACKED Winking Studios, which provides art outsourcing and game development services for the video game industry, has posted a 15.5 per cent drop in net profit for the six...
Vietnam’s VinFast seeks India EV import duty cut as plant construction starts
VIETNAMESE electric-vehicle maker VinFast has asked India to reduce import duties on its cars for about two years so customers can get familiar with its products while a local...
Extradited Singapore resident who solicited at least US$9 million in investment scam pleads guilty in US
A MAN who was previously convicted of fraudulently selling Google stocks has pleaded guilty to a similar scam where he posed as representatives from a billionaire family’s investment office....
Meta’s Zuckerberg seeks out of lawsuits blaming him for Instagram addiction
MARK Zuckerberg is seeking to avoid being held personally liable in two dozen lawsuits accusing Meta Platforms and other social media companies of addicting children to their products. The...
Treasury yields retreat from 2024 highs with month-end in view
TREASURY yields declined in US trading, retreating from year-to-date highs, as traders turned their focus to next week’s supply-and-demand picture. The move was led by long-maturity tenors, with the...
Why making computer chips has become a new global arms race
THE incredibly complex, high-stakes business of making semiconductors has always been a battle of corporate giants. Now it’s also a race among governments. These critical bits of technology –...
