Technology

Hyundai plans to file for India unit IPO in June: sources
Hyundai plans to file for India unit IPO in June: sources
June 11, 2024
HYUNDAI Motor is planning to file for an initial public offering (IPO) for its India unit as soon as this month, according to sources familiar with the matter, with...
Franklin Templeton hires former BNP executive as head of private banks and family offices  
Franklin Templeton hires former BNP executive as head of private banks and family offices  
June 11, 2024
FRANKLIN Templeton has named Gaurav Bathija as its head of private banks and family offices, a newly created role based in Singapore which took effect on May 27.Bathija reports...
Asia: Markets mixed ahead of key Fed announcement
Asia: Markets mixed ahead of key Fed announcement
June 11, 2024
ASIAN markets were mixed on Tuesday as traders shifted nervously while awaiting the Federal Reserve’s policy decision and the release of US inflation data, while the euro struggled to...
California lawmakers revive debate over bill requiring tech platforms to pay for news
June 11, 2024
SACRAMENTO —  California lawmakers have revived legislation to charge online platforms for the news articles they publish, a proposal that stalled last year amid divisions within the journalism industry and...
SIA to compensate injured SQ321 passengers up to US,000 each
SIA to compensate injured SQ321 passengers up to US$25,000 each
June 11, 2024
SINGAPORE Airlines (SIA) is offering passengers injured on the turbulence-hit SQ321 flight individual compensation ranging from US$10,000 to US$25,000.In a Facebook post on Tuesday (Jun 11), the national flag...
China’s central bank to return to gold buying as prices ease: analysts
China’s central bank to return to gold buying as prices ease: analysts
June 11, 2024
CHINA, the biggest official sector buyer of gold, is expected to resume its bullion shopping spree once prices ease from the record highs hit in May, as the fundamental...
Apple debuts long-awaited AI tools, including ChatGPT tie-up
Apple debuts long-awaited AI tools, including ChatGPT tie-up
June 10, 2024
APPLE took the wraps off long-awaited new artificial intelligence (AI) features, including a partnership with ChatGPT maker OpenAI, betting that a personalised and understated approach to the technology will...
Carlyle sets sights on 300 Japanese businesses as PE deals boom
Carlyle sets sights on 300 Japanese businesses as PE deals boom
June 10, 2024
CARLYLE Group is studying around 300 Japanese businesses as part of its pipeline, a sign of the continuing boom in private equity (PE) deals in the country.“We look at...
Europe: French stocks send Stoxx 600 lower on political uncertainty
Europe: French stocks send Stoxx 600 lower on political uncertainty
June 10, 2024
EUROPEAN shares fell on Monday, with French stocks hit after President Emmanuel Macron called a snap election following a heavy trouncing of his allies in European Union parliamentary elections.France’s blue-chip CAC 40...
Apple announces deal with OpenAI. Will it be a game-changer?
June 10, 2024
Apple on Monday unveiled new artificial intelligence capabilities in its newest operating system, including connecting its interactive voice feature Siri with OpenAI’s ChatGPT in a major deal that could...