Technology

Slow rate hikes could cause wage-price spiral, Bank of Japan paper says
Slow rate hikes could cause wage-price spiral, Bank of Japan paper says
[TOKYO] Hiking interest rates only gradually as raw material costs rise could heighten the risk of an upward spiral in wages and consumer prices, the Bank of Japan said...
How Pop Mart’s Labubu became a monster of a business
How Pop Mart’s Labubu became a monster of a business
LABUBU is a little doll in fleecy, bunny-eared onesies whose coffee-bean eyes hover above a serrated row of smiling teeth. Ostensibly an elf, the creature is either cute or...
Singapore’s banking hub has a corner where cash is still king
Singapore’s banking hub has a corner where cash is still king
[SINGAPORE] In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a crowded building where cash still reigns.Six...
Driverless disruption: Tech titans gird for robotaxi wars with new factory and territories
As three key players vie for dominance, the race to put driverless taxis on roads across the country is heating up.Waymo, owned by Google’s parent company Alphabet, already offers...
Anne Burrell: Dozens of Pills Were Found Next to Food Network Star’s Body When Her Husband Found Her Dead on the Shower Floor
Celebrity chef Anne Burrell's body was found next to several pills in her Brooklyn home, as authorities continue to probe the circumstances surrounding her death, according to a bombshell...
Air India Plane that Crashed Killed All Passengers but One Had Recently Been Fitted with New a Engine, Airline Chairman Reveals
The Air India plane that crashed last week, claiming the lives of at least 270 people, had one of its engines replaced recently, the airline's chairman said. Flight AI171...
TikTok deal gets another extension from Trump
President Trump on Thursday signed an executive order giving TikTok a 90-day extension to work out a deal with the U.S. government that addresses security concerns over the app’s...
Who Is Leanna Perry? Drunk Passenger Who Grabbed Woman’s Hair in Bizarre Meltdown Is NYC Fashionista Who Has Worked with Top Brands
The drunk passenger who grabbed a woman's hair and spat in her face during a chaotic outburst on a Southwest Airlines flight is a New York City-based artist, who...
Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
[SINGAPORE] A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to fulfil the liabilities.This is the issue...
Singapore stocks sink on Thursday after Powell signals higher inflation; STI down 0.7%
Singapore stocks sink on Thursday after Powell signals higher inflation; STI down 0.7%
[SINGAPORE] Local shares fell for a second consecutive session on Thursday (Jun 19), after US Federal Reserve chair Jerome Powell warned of “meaningful” inflation ahead, as consumers are expected...