Business
OpenAI unveils GPT-5 model, featuring improved coding and problem-solving chops
OpenAI on Thursday unveiled its highly anticipated GPT-5, a powerful multi-modal AI model featuring major advancements in problem-solving…
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Business
Business
Intel stocks drop after Trump calls on CEO’s resignation
Shares of Intel slumped Thursday after President Donald Trump said in a social media post that the chipmaker’s CEO needs to resign. “The…
Business
Why OpenAI’s open-source models matter
Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to…
Business
Ireit Global DPU drops to 0.71 euro cent for H1 due to Berlin vacancy
Ireit Global posted a 26 per cent fall year on year in distribution per unit (DPU) to 0.71 euro cent for the half-year of FY2025 ended…
Business
Frasers Property logs S$1.4 billion in regional pre-sales, says it’s well-placed to manage upcoming debt
Frasers Property has achieved pre-sold revenue of S$1.4 billion so far in financial year 2025 for its projects in Singapore, Australia,…
Business
Ashes 2025-26: Glenn McGrath predicts 5-0 win for Australia
Australia won 4-0 when England last toured the country in 2021-22 and Cummins' side have only lost two of their past 15 Tests on home…
Business
Centurion H1 net profit falls 38% to S$73.9 million on net fair value loss
Centurion Corporation, a provider of purpose-built dormitories for workers and students, saw its net profit for the first half-year ended…
Business
Plus Size Stock Photos: Let's Talk About IT
From the Managing Editor’s Desk—Let’s talk about plus size stock photos. Believe it or not, but The Curvy Fashionista is my first big dive…
Business
Stem cell startup proclaims ‘inflection point’ for medicine as mass production nears
It’s harvest day at the Karolinska Institute in Stockholm. As sunshine bathes the leafy university campus, scientists inside the labs work…
Business
US: Wall Street opens higher on tariff exemption hopes
Street’s main indexes opened higher on Thursday (Aug 7), buoyed by optimism that major technology companies could avoid US President…
Business
Ralph Lauren Raises Outlook As Q1 Profits Climb 30.7%
Ralph Lauren Corp. charged past first-quarter expectations and raised its outlook for the full fiscal year, even with some trepidation…
Business
BHG Retail Reit H1 DPU falls 12% on lower revenue, forex impact
BHG Retail Reit’s distribution per unit (DPU) fell by 12 per cent to S$0.0022 for its first half year ended June, from S$0.0025 the year…
Business
Riverstone Q2 earnings fall 37.4% to RM45.4 million
Gloves maker Riverstone Holdings posted a 37.4 per cent year on year drop in net profit to RM45.4 million (S$13.8 million) for the quarter…
Business
Think the Cybertruck looks weird? Check out its wedge-shaped predecessors
The car looked like nothing else on the road. Its sharp lines, flat planes, and pointy edges made it a head-turning sight, but also a…
Business
Firefly Aerospace IPO: Stock price will be closely watched today as SpaceX rival makes Nasdaq debut
A commercial spaceflight company that specializes in small- to medium-lift launch vehicles is hoping to have a giant-sized first day of…
Business
The Download: how AI is improving itself, and hidden greenhouse gases
Last week, Mark Zuckerberg declared that Meta aims to achieve smarter-than-human AI. He seems to have a recipe for achieving that goal,…
Business
‘We are a big tanker; we are shifting’: UOB’s Wee Ee Cheong takes long-term view on trade loans
Trade loans remain a relatively small portion of UOB’s total portfolio, but their contribution to the bank’s balance sheet is expected to…
Business
Azalea’s Astrea 9 bonds over 3 times subscribed, draw more than S$3.4 billion in demand
Investor demand for the latest Astrea private equity (PE) bonds has surged, with total subscriptions surpassing S$3.4 billion across all…
Business
Singapore Land posts 7% higher earnings of S$111.4 million for H1
Its revenue rises 8% to S$368.3 million on the back of higher contributions from property investments and technology operations Property…
Business
Bank of England cuts rates to 4% after narrow 5-4 vote
The Bank of England (BOE) cut interest rates on Thursday (Aug 7) but four of its nine policymakers – worried about high inflation – sought…
Business
Keppel raises S$6.3 billion in private funds for education and data centre assets
Keppel has secured S$6.3 billion in funds under management so far this year for its private fund strategies, including education assets…
Business
Genting Singapore H1 profit falls 34% to S$234.7 million on weaker gaming, room revenue
Resort and casino operator Genting Singapore reported a 34 per cent drop in profit for the first half of the year to S$234.7 million.…
Business
The Expectation of Price Controls and Federal Investment in Defense-Critical Minerals
One obvious problem is dependence on subsidized Chinese minerals. A less obvious one is the expectation of future price controls. Source…
Business
Under Armour Unveils New UA Halo Collection, Signaling a New Era for the Brand’s Footwear
Under Armour is entering a new era of athletic footwear with the launch of the UA Halo collection. Built for the modern athlete, the Halo…