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Thailand to create asset management firm to tackle soaring household debt
THAILAND will establish an asset management firm in the first quarter of this year to help resolve its stubborn problem of high household debt worth US$452 billion, the prime...
With tech stocks in a frenzy, AI party is still picking up steam
THE artificial-intelligence (AI) bubble is already one of the biggest speculative events in human history, but it looks like it’s just getting started.AI is a transformative technology, and the...
Wee Cho Yaw’s business legacy may live on longer in property than in banking
BUSINESS leaders, politicians and friends paid tribute to Wee Cho Yaw, who died earlier this month at the age of 95. The late businessman was one of Singapore’s richest...
Gold takes pause in light trading; eyes on Fed in data-packed week
GOLD prices steadied in a tight range on Monday (Feb 12) in holiday-thinned trading, as investors awaited remarks from a slew of US Federal Reserve officials in a data-packed...
Bitcoin eyes longest winning run in a year as ETFs attract inflows
BITCOIN is flirting with a winning run last seen a year ago, aided by the record-breaking debut of US exchange-traded funds (ETFs) for the token. The digital asset rose...
Oil falls after weekly gain as Iran signals Gaza talks progress
OIL declined following last week’s advance after Iran’s foreign minister flagged the Israel-Hamas conflict could be moving closer to a diplomatic solution. Trading remained muted with many Asia markets...
Team GB sign deal with TikTok to boost athletes’ online fanbase
BRITAIN’S Olympics team have signed a sponsorship deal with TikTok, bringing in the Chinese social media platform to help grow its athletes’ online influence as strict Olympic rules on...
Xiaomi says India’s scrutiny of Chinese firms unnerves suppliers
CHINA’S Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy scrutiny of Chinese companies by the government, according to...
