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Tech giants sign pact against AI-made political deepfakes
TECH giants including Meta, Microsoft and TikTok signed a pledge on Friday to crack down on AI content intended to deceive voters ahead of crucial elections around the world...
New AI-video tool by maker of ChatGPT worries media creators
A NEW artificial intelligence tool that promises to create short videos from simple text commands has raised concerns along with questions from artists and media professionals. OpenAI, the creator...
Oil settles up, records weekly gain on Middle East tensions
OIL prices settled higher on Friday as geopolitical tensions in the Middle East more than offset a forecast from the International Energy Agency for slowing demand. Brent crude futures settled...
Europe: Markets round off busy week of data, earnings with fresh 2-year highs
EUROPEAN shares ended a data-packed week on an upbeat note with stellar earnings updates and hopes of imminent rate cuts by the European Central Bank lifting investors’ appetite for risky assets. The...
US: Stocks down as inflation data dims hope of early rate cut
WALL Street stocks retreated on Friday after a bigger than expected increase in wholesale prices poured cold water on hopes that the Federal Reserve would cut interest rates soon. The Dow...
Sri Trang Agro-Industry sinks into red with Q4 loss of 422 million baht
RUBBER group Sri Trang Agro-Industry swung to a net loss of 422 million baht (S$15.8 million) for its fourth quarter ended Dec 31, 2023, from a net profit of...
German property bank’s investor turns short seller as crisis deepens
AN INVESTOR-turned-short seller in Germany’s embattled Pfandbriefbank on Friday (Feb 16) told the company to come clean on the extent of its problem real-estate loans or risk being sucked...
Sri Trang Gloves Q4 net loss widens 10.1% despite higher revenue
GLOVE maker Sri Trang Gloves (Thailand) reported on Friday (Feb 16) a 10.1 per cent increase in net loss for the fourth quarter, despite higher sales volume and revenue....