Technology
As money pours into private credit funds, will there be enough borrower demand?
ASIA’S rapid economic growth and recovering deals pipeline should keep private credit funds supplied with plenty of borrowers, industry players said, amid a growth in lending appetite. But not...
Randy Travis releases new music with the help of AI after a stroke
For the first time since suffering a stroke, Randy Travis has released new music — with the help of artificial intelligence.The country star’s latest single, “Where That Came From,”...
AI risks to financial stability are already a central bank worry
DANGERS to financial stability posed by the development of artificial intelligence (AI) tools are already starting to become a worry, two central bank chiefs told a conference on Tuesday...
Apple unveils new AI-focused chip in upgraded iPad Pro models
APPLE on Tuesday (May 7) introduced a new chip called the M4 that it said would outclass personal computers designed for artificial intelligence – but put the new chip...
US: Wall Street opens slightly higher on rate cut optimism
US stock indexes opened slightly higher on Tuesday (May 7), with the S&P 500 and Nasdaq extending gains for a fourth straight session, buoyed by expectations that the Federal...
Over S$646,000 spent to store, maintain, safeguard assets in money laundering case
THE police have incurred about S$646,282 in costs as at March 2024 relating to the storage, maintenance and safeguarding of assets seized in Singapore’s largest anti-money laundering case, said...
US dollar inches up; Aussie, yen slide
THE US dollar inched higher on Tuesday (May 7) while the yen slipped as wide interest rate differentials weighed, despite fresh warnings from Japanese officials following two rounds of...
South-east Asia increasingly used for illicit money flows, terrorist financing: US Treasury official
EVIDENCE has surfaced to show that countries in South-east Asia are being used by the likes of Russia and Iran, and their proxies, for illicit money flows and terrorist...
