Business
Roblox to scan users' faces to verify age amid stubborn child safety concerns
Roblox, a popular gaming platform that’s faced growing scrutiny over child safety concerns, said Tuesday it will require users to verify…
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concerns
Business
US: Wall St opens lower as valuation concerns, rate-cut jitters linger
Wall Street’s main indexes fell at the open on Tuesday (Nov 18), as concerns over lofty equity valuations and dimming chances of an…
Business
Asia: Markets sink on concerns over tech rally, Fed rates
ASIAN markets sank on Friday, tracking a selloff on Wall Street as worries over next month’s Federal Reserve interest rate decision and…
Business
Oil settles higher as tight fuel markets offset crude supply concerns
Oil prices settled higher on Monday as analysts focused on potential fuel supply disruptions from fresh US sanctions and Ukrainian drone…
Business
Circles.Life raises concerns over M1-Simba deal to IMDA, warns merger could hurt consumers
The telco says the merged entity’s wholesale market dominance threatens fair competition and consumer choice Mobile network operator…
Business
US: Wall Street set for weekly declines as concerns over economy, tech valuations weigh
Wall Street’s main indexes opened lower on Friday (Nov 7), and were set for sharp weekly declines, as concerns about the economy and…
Business
US: Wall Street ends higher as solid data, strong earnings offset valuation concerns
US stocks rebounded on Wednesday as jitters over inflated tech stock valuations abated and upbeat earnings and better-than-expected…
Business
US: Wall Street indexes fall as Meta, Microsoft drag, along with Fed rate concerns
WALL Street’s three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft…
Business
Microsoft‘s massive AI spending draws investor concerns as cloud business booms
MICROSOFT’S spending on artificial intelligence infrastructure soared to a record of nearly US$35 billion in the September quarter,…
Business
Federal Reserve Cuts Interest Rates by 25 Basis Points on Concerns of a Struggling Job Market Rather Than Combating Inflation
The Federal Reserve slashed interest rates by a quarter point for the second consecutive meeting, showing that policymakers remain more…
Business
Xiaomi shares post worst week in 3½ years as accidents stoke EV safety concerns
The company has not publicly acknowledged that the accidents involved its electric vehicles Shares of Chinese electric vehicle (EV) maker…
Business
Salesforce jumps as US$60 billion forecast eases revenue growth concerns
Salesforce shares jumped more than 6 per cent in premarket trading on Thursday (Oct 16). This is after the company forecasted faster…
Business
Gold hits record high as US-China trade concerns boost safe-haven demand
Gold prices climbed to a record high on Monday (Oct 13), driven by safe-haven demand on fresh US-China trade concerns, while broader…
Business
Malaysia’s data centre boom looks poised to continue despite power, labour concerns
Spillover of demand from Singapore is turning Johor into South-east Asia’s fastest-growing data centre hub Data centre operators in…
Business
US: S&P 500, Nasdaq end higher as tech strength outweighs Fed concerns
Technology shares boosted US stocks to a higher close on Wednesday (Oct 8) as investors, lacking economic data during the government…
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Oil falls 2% to four-month lows on oversupply concerns
Oil prices settled down about 2 per cent at the lowest in four months on Thursday (Oct 2), extending a run of declines into a fourth day,…
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Gold hovers near record high on US shutdown concerns, Fed rate outlook
The metal has hit multiple record highs this year, with the latest one being US$3,871.45, hit on Sep 30 Gold prices edged higher on…
Business
ChatGPT launches new parental controls for teens amid growing safety concerns
The company behind ChatGPT, OpenAI, launched new parental controls for teen accounts on Monday, a month after a California family filed a…
Business
Oil dips as Iraq exports rise amid demand concerns
Oil prices settled marginally lower on Monday as concerns of an oversupply outweighed geopolitical tensions in Russia and the Middle East.…
Business
Oil prices settle lower, US economic concerns outweigh Fed rate cut
Oil prices eased on Thursday, settling lower as traders remained worried about the US economic outlook a day after the US Federal Reserve…
Business
Oil prices ease on US demand concerns
Oil prices eased on Wednesday after data showing an increase in US diesel stockpiles stoked worries about demand and the US Federal…
Business
Bank Indonesia, government allay concerns that 'burden sharing' deal will reduce independence
Indonesia’s government and central bank sought to allay concerns on Monday (Sep 8) about their unusual collaboration to fund government…
Business
Hyflux got only $150 million bank loan for S$890 million project because of cash flow concerns
Even after Hyflux won its bid for the S$890 million Tuaspring project in March 2011, it managed to secure only a S$150 million bank loan.…
Business
Hyflux got only S$150 million bank loan for S$890 million project because of cash flow concerns
Even after Hyflux won its bid for the S$890 million Tuaspring project in March 2011, it managed to secure only a S$150 million bank loan.…