Technology
HSBC mulls cost-cutting plan of up to US$300 million, targeting top ranks: report
HSBC CEO Georges Elhedery is weighing cost-cutting measures that could save up to US$300 million by reducing top management layers, the Financial Times (FT) reported on Thursday (Oct 10).The...
Latest Singapore 6-month T-bill cut-off yield rises to 3.06%
THE cut-off yield on the latest Singapore six-month Treasury bill (T-bill) rose to 3.06 per cent, auction results released by the Monetary Authority of Singapore on Thursday (Oct 10)...
Michigan Man to Spend Life in Prison After Son Finds Child Pornography on His Tablet
An Oakland County man is expected to spend the rest of his life behind bars for sexually abusing children for years.Jeremy McCallum, 48, was sentenced Wednesday, Oct. 9, to...
South Dakota Woman Who Went Missing During Diving Trip in Indonesia was Eaten by Shark
The remains of an American woman who disappeared during a diving excursion in Indonesia last month have been found inside the stomach of a shark, according to reports.Colleen Monfore,...
Thailand eyes 10 trillion baht gas field frozen by Cambodia dispute
THAILAND’S new government will restart negotiations with Cambodia to explore an offshore oil and gas field with at least US$300 billion worth of reserves that the two countries have...
China sets terms for merger to create US$226 billion brokerage
GUOTAI Junan Securities and Haitong Securities unveiled the terms of their proposed merger to create a state-backed brokerage with US$226 billion in assets to compete with Wall Street firms...
Developing-world stocks suffer biggest two-day loss since August
EMERGING-MARKET (EM) stocks fell for a second day as concerns mounted over China’s response to the weakness in the world’s number two economy. The MSCI gauge for developing-nation equities...
Hanwha shouldn’t need a majority interest in Dyna-Mac to drive long-term shareholder value
INVESTORS appear to be betting heavily that Hanwha Ocean SG will raise its offer price for Dyna-Mac.
Shares in the offshore and marine engineering company closed on Wednesday (Oct...
KK Miner raises $10 billion to provide investors with an easier path to mining cryptocurrency
With the rapid development of the global cryptocurrency market, the mining industry has reached a new milestone. Recently, KK Miner, a leading cryptocurrency cloud mining platform, announced that it...
How Cloud Adoption Fuels Operational Efficiency and Strategic Objectives in 2024, An Expert’s Insights
Since cloud technology began gaining traction, its potential to revolutionize business operations has been clear. Yet, many organizations still struggle with integrating these technologies into their legacy systems, delaying...