Posts by Nathan Pine
COE woes: When emotions get in the way of efficiency
[ad_1] SINGAPORE’S policymakers have always had an eye on efficiency. But efficiency may not be a convincing aim for citizens – as seen, for instance, with the perennial hot topic of Certificate of Entitlement (COE) prices. In a recent interview with local media, Acting Transport Minister Jeffrey Siow disputed the popular narrative that demand from…
Read MoreEurope: Shares fall as Middle East tensions weigh; eyes on Fed decision
[ad_1] EUROPEAN shares declined on Wednesday as investors awaited the Federal Reserve’s monetary policy decision, with ongoing tensions in the Middle East adding to market uncertainty. The pan-European Stoxx 600 index closed 0.36 per cent down at 540.33, at a near one-month low. The hostilities between Iran and Israel extended to a sixth day, with fears of…
Read MoreMicrosoft planning thousands more job cuts aimed at salespeople
[ad_1] Published Thu, Jun 19, 2025 · 06:12 AM [NEW YORK] Microsoft is planning to cut thousands of jobs, particularly in sales, as part of the company’s latest move to trim its workforce amid heavy spending on artificial intelligence. The cuts are expected to be announced early next month, following the end of Microsoft’s fiscal…
Read MoreSats prices US$100 million in fixed-rate notes at 4.648%
[ad_1] [SINGAPORE] In-flight caterer and ground handler Sats on Wednesday (Jun 18) priced US$100 million in fixed-rate notes due Jun 23, 2030, at 4.648 per cent. The Series 003 notes will be issued by Sats’ US$3 billion multicurrency debt issuance programme established in November 2023 and updated last year. They are expected to be issued…
Read MoreWant to invest in nuclear energy? DBS cites opportunities in mining, utilities stocks
[ad_1] [SINGAPORE] As global interest in nuclear energy surges, investors can gain exposure to the sector by betting on physical uranium or miners, utilities companies and reactor manufacturers, said DBS in a report. The bank, in the latest edition of its Chief Investment Officer Vantage Point report on Monday (Jun 16), said: “(We) believe that…
Read MoreMalaysia to build 50% more gas-fired power capacity to meet data centre demand
[ad_1] [KUALA LUMPUR] Malaysia is expected to add 6-8 gigawatts of gas-fired power by 2030 to address growing electricity consumption driven by demand from data centres, an industry official said. The country is expected to see the fastest surge in data centre power demand in South-east Asia, with its share of electricity consumed by data…
Read MoreWaymo expands service area in Los Angeles and San Francisco
[ad_1] Waymo, the autonomous taxi company that’s offered rides in Los Angeles since November, is expanding its service area in the city. Starting Wednesday, the driverless taxis will roam more than 120 square miles of Los Angeles County, stretching from Santa Monica to downtown and from West Hollywood to Inglewood. The expanded service area will…
Read MoreTrain a virtual dragon? Film studios turn to Roblox and other games to reach young fans
[ad_1] Surrounded by virtual cliffs and a cascading waterfall, dragon riders on Roblox’s massive online gaming platform immerse themselves in a memorable scene from “How to Train Your Dragon.” In the sequence, the young Viking Hiccup reaches out his hand to touch Toothless, the black, green-eyed dragon he once feared. After players feed Toothless enough…
Read MoreThai Airways exits debt restructuring plan with court approval
[ad_1] [BANGKOK] Thai Airways International won court approval to exit a debt restructuring programme, paving the way for resumption of trading in its stocks after a four-year gap. The Central Bankruptcy Court in Bangkok on Monday (Jun 16) granted the national carrier’s plea to emerge from the court-supervised debt rehabilitation. The airline successfully completed the…
Read MoreCompetition watchdog flags Agoda’s Singapore website, mobile app for potentially misleading features
[ad_1] [SINGAPORE] Singapore’s competition watchdog has raised concerns with Agoda over several design features on its Singapore website and mobile application that were found to be potentially misleading. A number of these concerns related to how the presentation and ranking of the search results on Agoda failed to reflect that they were influenced by money…
Read MoreAmazon Ads & Roku Set Landmark Pact Giving Brands Access To 80% Of Connected-TV Households
[ad_1] In a milestone agreement, Amazon Ads and Roku are teaming on a new advertising initiative that will give media buyers access to more than 80% of U.S. connected-TV households. The new offering is expected to hit the market by the fourth quarter of 2025. Amazon’s demand-side platform (DSP) will be used to place ads…
Read MoreJohn Oliver Says “Slippery Slope To Authoritarianism Under Trump” Is Here With POTUS Response To L.A. Anti-ICE Protests
[ad_1] John Oliver, like his fellow late-night hosts before him, is ringing the alarm on president Donald Trump‘s authoritarianism. The Last Week Tonight host wasted no time getting down to brass tacks, addressing the Los Angeles protests that were spurred by the White House deputy chief of staff Stephen Miller-led escalation of ICE raids, with…
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