China’s Lenovo signs long-term component-supply deal for next year

China’s Lenovo signs long-term component-supply deal for next year

[ad_1] Global memory chip prices are climbing due to demand from data centre operators for building AI servers [BEIJING] Lenovo said on Thursday (Nov 20) that it has signed long-term contracts for memory chips to ensure supplies amid rising memory prices because of surging artificial intelligence (AI) demand. “We signed the optimal contract with key…

Read More

Miss Jamaica tumbles off stage and is carried away on stretcher during Miss Universe pageant

Miss Jamaica tumbles off stage and is carried away on stretcher during Miss Universe pageant

[ad_1] Shocking footage captured Miss Jamaica plummeting off the stage during the Miss Universe preliminary evening gown round in Thailand. Dr. Gabrielle Henry was strutting down the Bangkok stage in a glamorous orange gown when she suddenly stepped off the edge of the dark runway and seemingly faceplanted, according to footage posted to social media. Members of…

Read More

Heavy rain in Vietnam’s top coffee-growing region threatens crop

Heavy rain in Vietnam’s top coffee-growing region threatens crop

[ad_1] [HANOI] Heavy rain has delayed harvesting in Vietnam’s biggest coffee-growing province of Dak Lak, and further downpours risk damaging crops and crimping output in the world’s top producer of robusta beans. Several small plantations have been flooded, toppling some trees, and there are concerns about the impact of more rain, said Winh Mlo, a…

Read More

Hong Kong stock rally meets HK$193.8 billion lockup test ahead

Hong Kong stock rally meets HK3.8 billion lockup test ahead

[ad_1] [HONG KONG] Hong Kong’s stock rally faces a looming test, as year-end expirations of share-sale restrictions threaten to spur volatility and prompt investors to lock in gains. A total of 28 companies that listed in the city over the past year will see selling curbs on some early investors, and others including management and…

Read More

Asia: Stocks rally as bumber Nvidia report offsets Fed rate concern

Asia: Stocks rally as bumber Nvidia report offsets Fed rate concern

[ad_1] ASIAN markets rallied on Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and overshadowed a Federal Reserve report that dealt a blow to hopes for a December interest rate cut. Global equities have struggled of late owing to warnings that valuations – particularly in the tech sector –…

Read More

Kevin Spacey reveals he’s homeless and ‘living in hotels’ seven years after sexual assault scandal

Kevin Spacey reveals he’s homeless and ‘living in hotels’ seven years after sexual assault scandal

[ad_1] Seven years after a sexual assault scandal rocked his career, Kevin Spacey revealed he’s homeless. “I’m living in hotels, I’m living in Airbnbs, I’m going where the work is,” the Oscar winner told the Telegraph in an interview published Wednesday. “I literally have no home, that’s what I’m attempting to explain.” The actor told…

Read More

Nvidia’s Huang says company has plenty of new chips to sell

Nvidia’s Huang says company has plenty of new chips to sell

[ad_1] [SAN FRANCISCO] Nvidia chief executive officer Jensen Huang said his company has enough new Blackwell chips to meet increasing demand and that business is “very, very strong”. Speaking on Bloomberg Television, Huang offered a new insight into comments made earlier during his company’s third-quarter earnings report. His reference to the Blackwell product line being…

Read More

Gold gains with traders awaiting US data for fresh Fed cues

Gold gains with traders awaiting US data for fresh Fed cues

[ad_1] Traders now see nearly a 33% chance for a rate cut at the Fed’s Dec 9 to 10 meeting [BENGALURU] Gold prices edged higher on Thursday (Nov 20), as investors looked forward to the release of the delayed US jobs report that could shed more light on the Federal Reserve’s interest rate trajectory. Spot…

Read More

Billionaire family turns India’s gold obsession into a fortune

Billionaire family turns India’s gold obsession into a fortune

[ad_1] The steady growth has led to three straight years of stock gains for the company, including a 73% rally this year [MUMBAI/SINGAPORE] Gold is having a moment in the sun and the billionaire Muthoot clan of India is reaping the benefits. Their family-run firm that’s doled out gold loans for almost nine decades is…

Read More