Technology
Asia: Markets retreat on US rate concerns, oil rallies after attack
MOST equities fell on Wednesday on lingering worries about the outlook for US interest rates, while oil prices extended their rally after an attack on a ship in the...
Gold prices inch lower as US rate cut bets cool
GOLD prices eased on Wednesday (May 29), as traders pared bets of rate cuts by the US Federal Reserve this year following remarks by some policymakers, while the market...
Singtel shares steady on potential STT GDC deal; says no definitive agreement yet
SHARES of Singtel : Z74 0% held steady on Wednesday (May 29) after the telco resumed trading, as investors digest its potential deal with partner KKR to buy a...
Singapore shares edge lower at Wednesday’s open; STI down 0.1%
SINGAPORE stocks started Wednesday (May 29) on a softer note, after US markets closed overnight mixed.Singapore’s Straits Times Index (STI) was down 0.1 per cent or 3.37 points to...
Chinese firms once embraced, now shunned in US on security fears
FOR most of his 30 years running a Chinese-owned company in the United States, Ni Pin felt welcomed.He set up auto parts maker Wanxiang America – a unit of...
Musk offers factory tours to investors as he seeks support for his US$56 billion pay package
ELON Musk is offering factory tours to 15 Tesla shareholders who vote on his US$56 billion pay package at the upcoming meeting, the latest effort by the electric vehicle...
Deutsche Bank says blockchains can help weather margin pressure
THE blockchain technology underlying the digital-asset sector provides an opportunity for banks to respond to the margin compression across financial services, according to Deutsche Bank.The German lender recently began...
OpenAI forms safety and security committee as concerns mount about AI
ChatGPT creator OpenAI on Tuesday said it formed a safety and security committee to evaluate the company’s processes and safeguards as concerns mount over the use of rapidly developing...
