Fashion
OpenAI releases cheaper model o3-mini in wake of DeepSeek
OpenAI rolled out a new, lightweight artificial intelligence (AI) model that it said is capable of human-like reasoning and makes gains on efficiency – a product that will be closely watched following the release of...
Steel, aluminium tariffs will impact millions of tonnes of imports
AluminIum and steel were among the first tariffs to be enacted during President Donald Trump’s first term. A revival of those measures is expected Saturday (Feb 1), which would...
Unilever weighs New York as venue for ice cream unit listing
Unilever is considering New York as a potential venue for a listing of its ice cream business, people with knowledge of the matter said, a move that might trigger...
Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico, expected on Saturday.Brent...
Europe: Stoxx 600 logs longest weekly winning streak in 10 months
European shares closed at a record high on Friday (Jan 31), led by technology stocks, as earnings from companies such as Novartis and Hexagon overshadowed concerns over economic recovery.The...
Fu Yu will not convene requisitioned EGM; investigates business unit
THE board of directors of Fu Yu Corporation on Friday (Jan 31) announced that the company will not convene an extraordinary general meeting (EGM) requisitioned by Victor Lim, its...
US: Wall St opens higher on gains in Apple, in-line inflation reading
WALL Street’s main indexes opened higher on Friday (Jan 31) on gains in Apple following its strong sales forecast, with an in-line reading for the Federal Reserve’s favoured inflation...
Veteran bankers Eric Tham and Tan Jeh Wuan to join board of Raffles Medical’s insurance unit
VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent directors, with effect from Feb 1, 2025.Commenting...
Higher casino takings drive MBS’ revenue for Q4 2024
MARINA Bay Sands (MBS) posted a 7.2 per cent rise in net revenue to US$1.14 billion for the fourth quarter ended Dec 31, 2024 amid ongoing renovation and refurbishment...
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21 billion yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget Kanazawa Ekimae – for 21 billion yen (S$178.5 million). The...
