Fashion

World’s richest people lose US$108 billion after DeepSeek sell-off
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion on Monday (Jan 27) as a tech-led sell-off tied to Chinese artificial intelligence...
Who is Liang Wenfeng: The geek behind DeepSeek?
The rise of Chinese artificial intelligence (AI) firm DeepSeek caused a meltdown in US tech stocks on Monday (Jan 27). Nvidia on Monday suffered a wipeout of nearly US$600...
Singapore shares rise before Chinese New Year break; STI up 0.1%
SINGAPORE stocks ended higher on Tuesday (Jan 28), before markets closed for the Chinese New Year break. At the close, the Straits Times Index (STI) was up 0.1 per cent...
Aims Apac Reit’s 9M DPU rises 1.1% to S$0.0707
THE manager of Aims Apac Reit (AA Reit) on Tuesday (Jan 28) posted a 1.1 per cent increase in distribution per unit (DPU) to S$0.0707 for the nine months...
Why Chinese AI company DeepSeek is spooking investors on U.S. tech
Major U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese artificial intelligence startup DeepSeek unveiled a new system that it says can compete against OpenAI’s ChatGPT...
US: Wall St opens sharply lower as China’s AI push rattles Big Tech
Wall Street’s main indexes opened lower on Monday (Jan 27), as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other...
Keppel Reit H2 2024 DPU falls 3.4 per cent to S$0.028; manager confident of strong Singapore office demand
DPU fall comes despite a 13.6% increase in H2 FY2024 net property income to S$105.1 millionTHE manager of Keppel Real Estate Investment Trust (Reit) reported distribution per unit (DPU)...
Demand falls for latest Singapore Savings Bond with 10-year average return of 2.82%
THE latest Singapore Savings Bond (SSB) allotted on Monday (Jan 27) saw a fall in applications to less than half of the amount offered, as the 10-year average return...
ECB to cut rates again, with a nervous eye on Trump – The Business Times
EUROZONE rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump’s...
With the Fed likely to stand pat on rates, investors will scrutinise every detail for any deviation on policy
This time, unlike at previous high-stakes meetings, no one expects to see any surprisesTHE US Federal Reserve is likely to leave interest rates unchanged this week that you can...
With the Fed likely to stay pat on rates, investors will scrutinise every detail for any deviation on policy – The Business Times
This time, unlike at previous high-stakes meetings, no one expects to see any surprisesTHE US Federal Reserve is so likely to leave interest rates unchanged this week that you...
Chinese commodities firms bear the brunt of a slowing economy – The Business Times
Overcapacity has compounded the impact of China’s slowing growth on these stalwarts of the old economyCHINESE industrial profits show commodities producers ending 2024 at the bottom of the pile....