News
Fed officials split over risks to US economy going into 2026
[ad_1] The Fed cut its benchmark rate by a quarter percentage point for a third consecutive meeting in response to rising unemployment[NEW YORK] US Federal Reserve officials, including two who...
Trump signs order to limit state AI regulations, with California in the crosshairs
[ad_1] The battle between California and the White House escalated as President Trump signed an executive order to block state laws regulating artificial intelligence. The president’s power move to try...
In Depth: China bad-debt managers’ bet on bank stocks could backfire
[ad_1] A NEW player has emerged in the boardrooms of China’s major banks: the “Big Four” state-owned asset management companies (AMCs) created to clean up the bad debts of four...
Podcast industry is divided as AI bots flood the airways with thousands of programs
[ad_1] Chatty bots are sharing their hot takes through hundreds of thousands of AI-generated podcasts. And the invasion has just begun.Though their banter can be a bit banal, the AI...
Singapore stocks gain more ground on Friday; STI up 1.5%
[ad_1] [SINGAPORE] Singapore stocks ended higher on Friday (Dec 12), following regional indices.The benchmark Straits Times Index (STI) gained 1.5 per cent or 65.62 points to finish at 4,586.45. Meanwhile,...
ST Engineering’s US subsidiary named in lawsuit over UPS plane crash
[ad_1] The lawsuit alleges negligence in maintenance checks by ST Engineering subsidiary VT San Antonio Aerospace[SINGAPORE] ST Engineering’s United States subsidiary, VT San Antonio Aerospace (VT SAA), was one of...
Foxconn to invest US$510 million in Kaohsiung headquarters in Taiwan
[ad_1] [TAIPEI] Foxconn, the world’s largest contract electronics maker, said on Friday (Dec 12) it will invest US$509.94 million to build its Kaohsiung headquarters in southern Taiwan.That would include a...
Malaysian ringgit hits highest in four years on growth optimism
[ad_1] It rose 0.3% versus the greenback to 4.0955 on Friday, the highest since May 2021[KUALA LUMPUR] The Malaysian ringgit reached the strongest level against the dollar in more than...
Seatrium back on track with estimated S$2 billion TenneT order: analysts
[ad_1] [SINGAPORE] Analysts were positive on Seatrium ’s latest contract win, stating that the marine engineering company was back on track in terms of its order book.A consortium comprising Seatrium...
Hongkong Land shares jump 5.5% on news of S$8 billion real estate fund
[ad_1] [SINGAPORE] Shares of Hong Kong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay, MBFC Towers 1...
Trump signs order aimed at curbing state AI laws
[ad_1] [WASHINGTON] US President Donald Trump on Thursday signed an executive order on artificial intelligence that will attempt to preempt a growing number of state laws governing the technology with...
Sembcorp’s Alinta Energy buy: One step forward on earnings, two steps back on emissions?
[ad_1] Sembcorp says the acquisition is driven by Alinta’s renewables pivot, not its Loy Yang B coal-fired power station[SINGAPORE] Sembcorp Industries’ acquisition of Alinta Energy is a “half-full” and “half-empty”...