Technology
Singapore stocks open lower on Thursday; STI down 0.1%
SINGAPORE shares slumped at the opening bell on Thursday (Aug 29) after global equities ended mixed overnight.The Straits Times Index (STI) was down 4.78 points or 0.1 per cent...
Federal Reserve’s Bostic says it is ‘time to move’ on rate cuts, but wants to be sure
FEDERAL Reserve Bank of Atlanta President Raphael Bostic on Wednesday said that with inflation down farther and the unemployment rate up more than he anticipated, it may be “time...
OpenAI nears funding round at more than US$100 billion valuation
OPENAI is getting closer to raising funding at a valuation of more than US$100 billion in a round led by Thrive Capital, people with knowledge of the matter said.Thrive...
US Fed sets large bank capital levels after stress tests, eases on Goldman’s level
THE US Federal Reserve announced on Wednesday it had set the latest capital cushions for large banks following June’s annual stress tests, but agreed to shrink Goldman Sachs’ burden.The new...
As regional M&As spike, Singapore’s business valuation body sees benefit of standardised practices across countries
The Institute of Valuers and Appraisers, Singapore seeks to expand its 8-year-old Chartered Valuer and Appraiser programme in the regionAMID an increasing volume of mergers and acquisitions (M&As) conducted...
Thomas Matthew Crooks: FBI Releases Photos Showing How Trump Shooter Hid AR-15 Rifle as They Say Rally Was ‘Target Opportunity’
Trump shooter Thomas Matthew Crooks dismantled his AR-15 rifle into two parts, so that he could hide it inside his backpack as he moved through the crowd at the...
TikTok sued in UK by content moderator alleging toxic workplace
She was given targets that were “impossible to meet” and was discriminated because she suffered from multiple sclerosisByteDance’s TikTok was sued by a content moderator in the UK, alleging...
US: Wall Street flat at open ahead of Nvidia results
Wall Street’s main indexes were flat at the open on Wednesday (Aug 28) ahead of Nvidia’s earnings report, with focus squarely on whether the recent bull market rally led...
