Technology

China’s stock boom may turn to bust as in 2015, Nomura warns
China’s stock boom may turn to bust as in 2015, Nomura warns
INVESTORS should brace for the biggest stock rally in China in 16 years to turn to bust, with the economy on a much weaker footing than before the pandemic,...
US retailers look to back-up shipping plans to prep for holidays as strike continues
US retailers look to back-up shipping plans to prep for holidays as strike continues
MAJOR retailers from Levi Strauss to Costco are preparing alternative shipping plans to ensure goods arrive in time for the peak holiday season as the US East Coast and...
Judge blocks California law that targeted deepfake campaign ads
With deepfake video and audio making their way into political campaigns, California enacted its toughest restrictions yet in September: a law prohibiting political ads within 120 days of an...
Oil jumps over US a barrel as Middle East conflict stokes supply worry
Oil jumps over US$3 a barrel as Middle East conflict stokes supply worry
OIL prices surged on Thursday (Oct 3) as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows.Brent crude futures settled up US$3.72,...
Shein to hold roadshows soon ahead of London IPO: sources
Shein to hold roadshows soon ahead of London IPO: sources
SHEIN is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), three sources with knowledge of the matter said, pushing...
Airlines avoid Iranian airspace, hiking up flight times and fuel costs
Airlines avoid Iranian airspace, hiking up flight times and fuel costs
AIRLINES are largely avoiding Iranian airspace in their flights over the Middle East, according to flight tracker FlightRadar24, lengthening flight times and hiking up fuel costs as worries over...
Starbucks buys research farms as climate change threatens coffee supply
Starbucks buys research farms as climate change threatens coffee supply
STARBUCKS is buying two new research farms that will test everything from drones to microbes as it seeks to make coffee more resilient to climate change, which has already...
New laws close gap in California on deepfake child pornography
Using an AI-powered app to create fake nude pictures of people without their consent violates all sorts of norms, especially when those people are minors. It would not, however,...
Hong Kong shares snap 6-day winning streak as investors take profits
Hong Kong shares snap 6-day winning streak as investors take profits
HONG Kong stocks fell on Thursday (Oct 3) as investors took profits, ending a six-session rally fuelled by a flurry of Chinese stimulus measures. The Hang Seng index closed down...
Britain’s Tesco raises annual profit outlook after strong first-half
Britain’s Tesco raises annual profit outlook after strong first-half
TESCO raised its annual profit forecast on Thursday (Oct 3) as Britain’s biggest supermarket group won market share in its first half, giving it momentum ahead of the key...