Real Estate
Apple hits record as AI features promise boost in iPhone sales
APPLE shares surged over 7 per cent to a record high on Tuesday (Jun 11), nearly regaining from Microsoft its crown as the world’s most valuable company a day...
Elon Musk drops lawsuit against OpenAI and Sam Altman
ELON Musk on Tuesday dropped his lawsuit against OpenAI and its co-founders Sam Altman and Greg Brockman for betraying the startup’s founding mission.In a California court, Musk had accused...
Oil settle slightly up on forecasts for strong global demand
OIL prices edged up to settle slightly higher on Tuesday as the US Energy Information Administration (EIA) raised its global oil demand growth forecast for the year, while Opec stuck to its...
US weighs more limits on China’s access to chips needed for AI
THE Biden administration is considering further restrictions on China’s access to chip technology used for artificial intelligence (AI), targeting new hardware that’s only now making its way into the...
Temu lures more repeat customers than EBay, pressures Amazon
LESS than two years after its US debut, Chinese e-commerce upstart Temu is attracting more repeat shoppers than eBay, an e-commerce pioneer that has been around for almost three...
Customer refunds, business suspension send Cordlife S$11.6 million into the red in Q1
BELEAGUERED private cord-blood bank Cordlife Group : P8A 0% reported a net loss of S$11.6 million for the three months ended Mar 31, reversing a net profit of S$1.2...
AlphaSense to acquire Tegus for US$930 million
MARKET intelligence and search platform AlphaSense will acquire Tegus, a primary research platform for institutional investors, for US$930 million. The acquisition is expected to introduce Tegus’ breadth of private company...
Euro drops to a one-month low; US dollar firms ahead of key inflation test
THE euro dropped to a one-month low on Tuesday (Jun 11), with political concerns weighing as investors shifted focus to US inflation data and Federal Reserve interest rate forecasts.
The...
