Fashion
US: Wall Street indices open higher on AI boost
AMD’s chip-supply tie-up with OpenAI became the latest in a series of artificial intelligence deals[NEW YORK] Wall Street’s main indexes opened higher on Monday (Oct 6), building on last...
Japan’s stocks zoom, yen slumps as Takaichi win dims BOJ hike bets
[TOKYO] Japanese shares surged to a record high on Monday (Oct 6), while the yen and long-term bonds tumbled as Sanae Takaichi was all but confirmed to become the...
AEM denies allegations of patent infringement from US semiconductor test equipment firm
The company says the patents relate to a specific wafer level test system that it does not practice [SINGAPORE] US semiconductor test equipment supplier Advantest Test Solutions has made...
Bulls see piling into emerging markets as momentum returns
EMERGING market (EM) assets look set to cap a banner year, with investors expecting inflows into equities and bonds to gain momentum in the final quarter. Sentiment has rarely been...
Morgan Stanley bets on post-Brexit pound high in 2026
MORGAN Stanley is betting that the pound will rally after the UK’s November budget to hit a decade-high next year.The US bank recommends that investors take advantage of any...
Coface eyes growth in South-east Asia amid rising trade risks
The French trade credit insurer is betting on Asia as the global economy’s driving force [SINGAPORE] In a world where global trade faces mounting headwinds, French trade credit insurer...
US: Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session
[NEW YORK] The S&P 500 eked out a record closing high in a volatile session Friday, with interest rate-cut expectations holding up as the US government shutdown went on...
Google lays off dozens of workers in Sunnyvale
Google said it plans to lay off dozens of workers at its Sunnyvale offices, following job reductions at other large tech firms.Google notified the California Employment Development Department on...
Why are buyers returning to Tesla?
Tesla electric vehicle sales jumped last quarter, as buyers rushed to take advantage of an expiring federal tax credit. The company’s EV sales rose 7% in the three months...
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 and many other actors and filmmakers over the sudden fame of...
US offers to buy stakes in Australian critical minerals companies
The American government has already taken equity holdings in US-listed critical minerals companies[MELBOURNE] The US government has offered to buy equity in Australian critical minerals companies as part of...
Yangzijiang Financial pumps 1.02 billion yuan in lithium battery producer Ningbo Shanshan’s restructuring
The investment by the group and two of its investors gives them effective voting rights of 23.4 per cent in the lithium battery producer [SINGAPORE] Investment management company Yangzijiang Financial...