Fashion
Asia: Markets drop as valuations and US jobs, rates spook investors
ASIAN stocks tracked Wall Street losses on Friday as investors weighed weak US jobs data against Federal Reserve signals suggesting no more interest rate cuts this year.Growing worries that...
US to block Nvidia’s sale of scaled-down AI chips to China, The Information reports
THE White House has informed other federal agencies that it will not permit Nvidia to sell its latest scaled-down AI chips to China, The Information reported on Thursday, citing...
Phishing for trouble: The returning physical bank token is no silver bullet
Singapore is looking to implement what would be a world-first national roll-out of bank tokens[SINGAPORE] Physical banking tokens are making a comeback.The Monetary Authority of Singapore (MAS) is working...
Singtel shares end 2.9% higher on Bharti Airtel share sale, talks for data centre deal
[SINGAPORE] Shares of Singtel surged as much as 5.1 per cent on the back of news that one of its units will sell US$1.2 billion worth of Bharti Airtel...
OCBC shares hit record high after Q3 earnings beat expectations; ends 3.4% higher
[SINGAPORE] Shares of OCBC jumped by more than 4 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended September....
Ringgit rises to 13-month high on fading rate-cut view, growth outlook
THE Malaysian ringgit gained to the strongest in more than a year on fading expectations for a central bank interest-rate cut and by renewed optimism over growth. The currency rose...
Stocks to watch: OCBC, Singtel, CLI, Genting Singapore, Yangzijiang Financial, FLCT, Far East Orchard
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Nov 7): Source link
First Brands says it needs US$600 million or ‘it’s game over’
FIRST Brands Group lawyers said the company needs access to its roughly US$600 million of remaining bankruptcy financing to keep the auto-parts firm from shutting down immediately.That request, made...
Social media giants must stand trial on addiction claims
META Platforms, ByteDance, Alphabet and Snap must face trial over claims that they designed social media platforms to addict youths, a judge ruled, clearing the way for the first...
OpenAI boss calls on governments to build AI infrastructure
OPENAI CEO Sam Altman called on world governments on Thursday to invest in AI infrastructure, as questions grow about whether the ChatGPT-maker, the world’s most valuable private company, can...
Europe: Stocks fall as tech nerves sap sentiment; earnings, economic data in focus
EUROPEAN stocks fell on Thursday, dragged by technology stocks that came under fresh selling pressure while investors assessed mixed earnings and disappointing key economic data.The pan-European Stoxx 600 slipped 0.7...
