Business
Singapore, Asia markets bleed as Wall Street rout deepens; YZJ Shipbuilding sinks 5.6%
Shipbuilder’s shares likely affected by a drop in Maersk earnings, potential layoffs Asian markets took a beating at their open on Friday…
Tag
deepens
Business
Nvidia’s CEO dismisses fears AI will replace software tools as stock sell-off deepens
He says the worries are misguided, and that AI will rely on existing software rather than rebuild basic tools from scratch…
Business
Singapore stocks slip on Monday as precious metals rout deepens; STI down 0.3%
Singapore stocks ended lower on Monday (Feb 2), tracking regional peers amid a sharp sell-off in precious metals that extended from the…
Business
China deepens probe into Meta’s landmark US$2 billion buyout of Singapore-based Manus
ING is deepening an investigation into Meta Platforms’ US$2 billion acquisition of Chinese-founded artificial intelligence (AI) startup…
Business
Bitcoin dips back below US$90,000 as global selloff deepens
BITCOIN slid to its lowest level in more than a week, tracking a sharp selloff across global financial markets as investors continued to…
Business
BNY deepens AI, digital asset embrace as it enters next phase: CEO Robin Vince tells BT
The New York-based bank has invested heavily in AI and culture transformation and is ready for its next phase of change, says Vince in an…
Business
Nike’s China conundrum deepens as turnaround stagnates
Nike’s stock is down 13% so far this year, on track for a fourth straight year of declines Nike is running out of time to prove its China…
Business
Bitcoin is on the verge of erasing year’s gain as rout deepens
Bitcoin fell below US$95,000 for the first time in about six months as a bout of risk aversion sweeping across markets saw investors pull…
Business
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the…
Business
UPS deepens job cuts to 48,000 on reduced Amazon deliveries
UPS is cutting some 48,000 jobs as part of a major reorganisation connected to a planned reduction in delivery services for Amazon…
Business
China deepens push for tech self-reliance ahead of US talks
China vowed to enhance technological self-reliance and grow the domestic market in the next five years, as it looks to both insulate the…
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Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in…
Business
'Artists should have a choice.' WME opts clients out of Sora update as AI anxiety deepens
As anxieties among Hollywood talent increase surrounding artificial intelligence, Beverly Hills talent agency WME is drawing a line on…
News
Who Was Raymond Wells? Man Who Shot Dead Beloved Chef Carl Morgan Dies a Day after Suffering Gunshot Wound to His Head as Mystery Deepens
The main suspect in the carjacking and murder of a popular New Orleans chef has died after being shot in the head. Police tracked Raymond…
News
State-sponsored violence deepens crisis in Pakistan-Occupied Jammu & Kashmir
The recent wave of protests in Pakistan-occupied Jammu & Kashmir (PoJK) has once again thrown a harsh spotlight on the heavy-handed…
Culture
Fake actor deepens anxiety over AI in Hollywood
Scary. Terrifying. Deeply misguided. Those were among the visceral reactions this week from Emily Blunt, Whoopi Goldberg, Natasha Lyonne…
Business
China bans all BHP iron ore cargoes as pricing dispute deepens
China’s state-run iron ore buyer has told major steelmakers and traders to temporarily halt purchases of all new BHP Group cargoes,…
Business
Ikea to drive China furniture costs lower as price war deepens
Ikea pledged to keep prices lower at its China stores, as the world’s largest furniture retailer courts thriftier buyers and seeks to fend…
Business
China cuts coal imports, deepens Asean ties amid trade shifts
China’s coal imports fell for the fifth time in six months in July as Beijing leaned more on domestic mining and boosted oil and gas…
Business
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8 per cent on Friday (Jul 25) after the company warned of exiting chip manufacturing if it fails to secure a major…
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Salon de Holmes Episode 9 Preview, Spoilers: Mystery Surrounding Gong Mi Ri Deepens
Salon de Holmes episode 9 will air on ENA on Monday (July 14) at 10:00 pm KST. With only an episode left for the finale, the followers of…
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The First Night with the Duke Episode 7 Preview, Spoilers: Cha Sun Chaek, Yi Beon Romance Deepens
The First Night with the Duke episode 7 will air on KBS on Wednesday (July 2) at 9:50 PM KST. It will revolve around the romantic…
Business
Volkswagen CEO clashes with workers as conflict over closures, pay deepens
VOLKSWAGEN’S (VW) CEO and labour boss clashed during a staff meeting on Wednesday (Dec 4), with management pushing for major cuts while…
Business
Yoma’s H1 net loss deepens to US$11 million on forex headwinds
YOMA Strategic posted a net loss of US$11 million for the first half ended September 2024, widening from its US$2.5 million loss in the…