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Asian markets track Wall Street record after Fed cut
[ad_1] ASIAN equities rose on Friday as investors tracked a record day on Wall Street in the wake of the Federal Reserve’s latest interest rate cut.The gains came despite renewed...
Philippine central bank chief tempers hawkish view, sees one more cut
[ad_1] PHILIPPINE central bank Governor Eli Remolona said monetary authorities may cut the benchmark interest rate one more time in the current easing cycle with the economic recovery likely to...
Global EV sales growth slowest since Feb 2024 on China plateau, US policy changes
[ad_1] GLOBAL EV sales grew in November at the slowest rate since February 2024 as China plateaued, while the end of an EV tax credit scheme in the United States...
Hongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore real estate fund
[ad_1] New fund will be Singapore’s biggest private real estate fund and is part of group’s aim to grow its AUM to US$100 billion by 2035[SINGAPORE] Following the sale of...
Reddit files lawsuit against Australia’s social media ban
[ad_1] [SYDNEY] Message board website Reddit on Friday filed a lawsuit asking the High Court to overturn Australia’s social media ban for people under 16 as well as its inclusion...
OpenAI beefs up GPT models in AI race with Google
[ad_1] OPENAI released its latest artificial intelligence models on Thursday, shrugging off worries about how it will cash in on massive spending in its technology race with Google.The San Francisco-based...
Broadcom forecasts upbeat quarterly revenue on AI chip demand
[ad_1] The company reported revenue of US$18.02 billion for the fourth quarter ended Nov 2, above analysts’ average estimatesBROADCOM on Thursday projected first-quarter revenue above Wall Street estimates, betting that...
Sherrone Moore Was Stalking Paige Shiver? Ex-Michigan Coach Attacked His Executive Assistant after Chasing Her for Months, 911 Call Reveals
[ad_1] A University of Michigan employee contacted police to report an attack by former Wolverines head coach Sherrone Moore, claiming that he had been stalking the alleged victim for months,...
Sembcorp to acquire Australian power company Alinta Energy in A$6.5 billion deal
[ad_1] The asset is country’s fourth-largest utilities provider with around 1.1 million customers[SINGAPORE] Sembcorp Industries will acquire Australia’s fourth-largest utilities provider Alinta Energy. In a bourse filing on Thursday (Dec...
Axa warns on data centre ‘gambles’ as private credit risks rise
[ad_1] [PARIS] French insurer Axa is exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid growing awareness of emerging risks in private markets. “We are...
