Business
Microsoft touts US$500 million AI savings while slashing jobs
Microsoft is keen to show employees how much artificial intelligence (AI) is transforming its own workplace, even as the company…
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Business
Business
Europe: Shares close at four-week high on banks boost; US trade talks in focus
EUROPEAN shares closed at a four-week high on Wednesday, with banks the biggest boost as investors awaited signs of progress on a trade…
Business
US: Nasdaq ends at record as stocks shrug off latest Trump tariffs
The Nasdaq vaulted to a fresh record on Wednesday, shrugging off new tariff threats from President Donald Trump as Nvidia became the first…
Business
Fed minutes show committee split around inflation worries
The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing…
Business
US Fed minutes show committee split around inflation worries
The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing…
Business
Australian Luxury Design Brand Paloma Editions Enters U.S. Market
MILAN — Australian design firm Paloma Editions, which was founded in 2023 as an antidote to consumerist style, grew its sales to $10…
Business
X CEO Steps Down After Two Years of Massive Failure
After two years of overseeing rampant conservatism, antisemitism, and general racism, X CEO Linda Yaccarino is stepping down. “When Elon…
Business
Linda Yaccarino to step down as CEO of Elon Musk's social media site X
Linda Yaccarino, the chief executive of social media site X, said Wednesday that she’s stepping down from her role after two years at the…
Business
What Is OpenAI's Scaling Team? Tesla, xAI, Meta Engineers Join Their Ranks as AI Hiring Competition Heats Up
After Meta made headlines for poaching top AI talent from rival companies to build its superintelligence team, another tech…
Business
US: Wall Street opens higher as markets await trade talks
Wall Street’s main indexes opened higher on Wednesday (Jul 9), as investors shrugged off President Donald Trump’s aggressive tariff moves…
Business
SGX securities turnover up 23% in June, bringing financial year’s gain to 28%
The operator of the local stock market reported gains in the trading value and volumes of its key products in June, which contributed to…
Business
Ambani's Reliance Jio delays India IPO beyond this year
Indian telecoms and digital giant Reliance Jio Platforms, led by billionaire Mukesh Ambani, has decided not to launch its planned IPO this…
Business
Soilbuild Construction signs new contracts totalling S$178.6 million
The builder says the deals enhance revenue visibility and took its order book to around S$1.21 billion as at end-May Soilbuild…
Business
GDP Is Not the Problem, Government Regulations Are
Rather than scrapping a proven economic measure, conservatives should focus on dismantling the regulatory barriers that hinder prosperity.…
Business
Singapore stocks extend rally; STI up 0.3%
Across the broader market, gainers outnumber losers 287 to 187, with 1.2 billion securities worth S$1.2 billion changing hands Investors…
Business
Singapore stocks extend rally on Wednesday; STI up 0.3%
Across the broader market, gainers outnumber losers 287 to 187, with 1.2 billion securities worth S$1.2 billion changing hands Investors…
Business
Contributor: The human brain doesn't learn, think or recall like an AI. Embrace the difference
Recently, Nvidia founder Jensen Huang, whose company builds the chips powering today’s most advanced artificial intelligence systems,…
Business
Are You Experiencing Posting Ennui?
The breakfast photo is the ur-text of the narcissistic internet, a bit of content that no one else is necessarily interested in but which…
Business
Lum Chang Creations says now is ‘best time’ to list; eyes over S$12 million in Catalist IPO
Urban revitalisation specialist Lum Chang Creations (LCC) is set to raise S$12.3 million in gross proceeds through an initial public…
Business
Merck nears US$10 billion deal for London-based lung therapy firm Verona, FT reports
Merck is nearing a US$10 billion deal to buy lung diseases focussed Verona Pharma, as the US drugmaker is eyeing deals to offset the…
Business
JPMorgan to open bigger Amsterdam office after desk shortage
JPMorgan Chase will soon open a new office in Amsterdam after an expansion in the region coupled with the bank’s stricter return-to-office…
Business
Financial sector taps polytechnic talent with new pathways, 300 roles in pipeline
Ten financial institutions (FIs) are partnering the Institute of Banking and Finance (IBF) to roll out some 300 internship and traineeship…
Business
AirAsia talks with investors near conclusion, says deputy CEO
The airline is arranging a RM1 billion equity injection alongside financing for its extensive order book of new planes Budget airline…
Business
What is 'America Party' Token? Elon Musk-Themed Meme Coin Surges 537% Despite No Official Ties with Tech Billionaire
A new meme coin, known as America Party (AP), has taken the crypto space by storm, rallying 537% in the first 24 hours of trading after…