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OpenAI says its nonprofit will remain in control of its for-profit business
[ad_1] ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its organizational structure.The move...
Investors still harbour hope of Fed’s Powell giving a rate-cut the thumbs up
[ad_1] THE S&P 500 plunged into a bear market in April, then staged an epic recovery, and now the US Federal Reserve will reveal which was the correct response.The central...
Sias strongly disagrees with IFA opinion on ‘exploitative’ Sinarmas Land offer; urges offeror to revise bid
[ad_1] [SINGAPORE] David Gerald, the president of Securities Investors Association (Singapore), or Sias, has criticised the offer for Sinarmas Land by the Widjaja family-linked Lyon Investments as “exploitative”, urging the...
Audi keeps outlook after Q1 sales rise, but tariff impact not included
[ad_1] [BERLIN] Volkswagen’s premium brand Audi on Monday (May 5) kept its full-year guidance, with the caveat that any impact from US tariffs was not included, after its first-quarter revenue...
Volvo Cars sales fall 11% in April as fully electric cars slump
[ad_1] Published Mon, May 5, 2025 · 04:01 PM[STOCKHOLM] Volvo Cars reported on Monday (May 5) an 11 per cent decrease in April sales to 58,881 cars from a year...
Singapore dollar surges against US dollar as Asia currencies rally on trade hopes
[ad_1] [SINGAPORE] Asian currencies rallied on Monday (May 5) on hopes of a thaw in the US-China trade war and regional tariff deals with the Trump administration. Taiwan led the charge,...
Netflix co-CEO says India investment has had US$2 billion impact
[ad_1] The world’s largest video streaming platform has been consolidating its position as a premium service in the US$28 billion Indian media and entertainment marketPublished Mon, May 5, 2025 ·...
Wing Tai’s Amara foray may not help its own minorities
[ad_1] [SINGAPORE] Minority shareholders of hotel and property group Amara Holdings who did not accept an earlier offer by Amethyst Assets, which closed in early 2024, have reason to cheer....
Trump rules out firing Powell while pushing him to cut rates
[ad_1] [BRUSSELS] US President Donald Trump insisted he does not plan to fire Federal Reserve chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts.“Why would...
BHP partner says Filo copper discovery is largest in 30 years
[ad_1] Copper mines are getting harder and much more costly to develop, even as global demand for the metal is projected to increase given its role in the energy transitionPublished...
