Culture
Bank of Japan drops fresh hints of near-term rate hike as yen slides
The remarks keep alive the possibility of a rate hike as soon as its next policy meeting on Dec 18 and 19[TOKYO]The Bank of Japan (BOJ) will discuss at...
STI tumbles 1% amid rout in Asia markets; Nikkei, Hang Seng fall more than 2%
[SINGAPORE] Singapore stocks fell on Friday (Nov 21), mirroring a wider regional rout after markets tumbled earlier this week on fears of an artificial intelligence bubble, but dropped again...
STI slides 1% amid rout in Asia markets; Nikkei, Hang Seng tumble more than 2%
[SINGAPORE] Singapore stocks fell on Friday (Nov 21), triggered by declining expectations of a rate cut. This follows a wider regional rout after markets tumbled earlier this week on...
Joby Aviation sues air-taxi rival Archer over trade secrets
eVTOL aircraft firms are racing to bring their vehicles to market, aiming to meet a demand for faster, more sustainable urban transportation[WASHINGTON] Electric air-taxi company Joby Aviation has sued...
China’s fluid humanoid stuns – but US still rules robot brains
CHINESE EV maker XPeng wowed audiences with its latest humanoid robot, Iron, at a recent launch. Compared with last year’s somewhat stiffer first-generation model, the upgraded version released on...
Singapore Paincare settles dispute over claims worth up to S$450K
[SINGAPORE] Singapore Paincare has entered a settlement to resolve a dispute with an individual who claimed the company owed her a sum between S$350,000 and S$450,000 for services rendered....
Japan signals chance of currency intervention, yen rises
The currency is down around 6% since Prime Minister Sanae Takaichi was elected leader of her party[TOKYO] Japan sees currency intervention as a possibility in dealing with excessively volatile...
Deutsche Bank warns of Japan capital flight in echo of UK crisis
Concerns over Takaichi’s spending plans have sent government bond yields to multi-decade highs and the yen has weakened to its lowest level since January[LONDON] Sanae Takaichi’s spending plans have...
Foxconn, OpenAI partner on AI hardware manufacturing
Initially, the collaboration will cover a range of scenarios across assembly, inspection, machine tending and logistics applications[BENGALURU] Foxconn will collaborate with US-based OpenAI to design and engineer data centre...
Verizon cutting more than 13,000 jobs as it restructures
[WASHINGTON] US wireless carrier Verizon on Thursday (Nov 20) said that it will cut more than 13,000 jobs in its largest single layoff as it works to shrink costs...
