News

US dollar edges up as tariff uncertainty looms, pound in focus
[ad_1] THE US dollar edged up on Wednesday (Mar 26) as investors weighed up uncertainty about the US economic outlook and speculation over the timing and scale of potential US...
Wall Street bonuses jump 32% as total surges to record
[ad_1] One in every 11 jobs in the city is either directly or indirectly associated with the securities industry[NEW YORK] Wall Street banker bonuses rose 31.5 per cent to an...
Pop Mart profit more than doubles driven by Labubu-doll craze
[ad_1] The resultant strong overseas sales have turned Pop Mart into one of the hottest stocks, with shares up 350 per cent in the past year[HONG KONG] Pop Mart International...
23andMe shares tumble after bankruptcy filing and California attorney general’s privacy warning
[ad_1] South San Francisco-based genetic testing venture 23andMe saw its shares plunge more than 50% Monday after the company announced it had filed for Chapter 11 bankruptcy protection. The company...
OpenAI takes its pitch to Hollywood creatives after launching controversial video tool
[ad_1] Just months after OpenAI launched its controversial text-to-video artificial intelligence tool Sora for the general paying public, the company is making its sales pitch directly to L.A.’s filmmakers and...
Commentary: Elon Musk brought a Silicon Valley mindset to Trump’s Washington. It’s been a disaster
[ad_1] Washington has never seen anything like the rule-breaking, power-taking, government-torching, protocol-scorching force of delighted havoc and gleeful mayhem that is Elon Musk.Margaret O’Mara has.The University of Washington historian charted...
Contributor: Why the Trump administration is easing up on crypto crime at exactly the wrong moment
[ad_1] The Securities and Exchange Commission is scaling back its cryptocurrency enforcement unit. Why does this matter? Because crime pervades the crypto industry.Just last month, a hacker stole about $1.5...
Elon Musk’s feud with OpenAI CEO Sam Altman, explained
[ad_1] A bitter rift between two Silicon Valley billionaires could shape the future of the fast-growing artificial intelligence industry.Tesla Chief Executive Elon Musk, who has his own AI startup, is...
Commentary: Did AI really defend the KKK at the end of my column? Let’s discuss
[ad_1] Journalism schools teach that writers should report the news, not be the news. But what happens when one of your articles goes viral — not for its content but...
Contributor: The Trump administration schooled Europe on free speech. Why ignore the lesson at home?
[ad_1] Vice President JD Vance’s wise words to Europe about U.S. commitments to free speech are on a collision course with some of what’s happening stateside. The Federal Communications Commission...
Bubble-tea giant Mixue to debut after Hong Kong’s biggest IPO of year
[ad_1] MIXUE Group, China’s largest bubble-tea chain, will begin trading in Hong Kong on Monday (Mar 3) after individual investors flocked to the company’s blockbuster HK$3.45 billion (S$598 million) initial...
Star Entertainment faces trading suspension after earnings delay
[ad_1] THE Australian Securities Exchange suspended trading in Star Entertainment Group shares on Monday after the casino operator missed its first-half earnings report deadline last week, a filing showed.The company...