Culture
Gold surpasses inflation-adjusted record high set in 1980
The precious metal has risen nearly 40% this year as US President Donald Trump has cut taxes, expanded his global trade war[NEW YORK] Gold has eclipsed its inflation-adjusted peak...
Hyundai says battery plant delayed after immigration raid
The operation has cast doubt over billions of US dollars of South Korean companies’ future investment in the US[DETROIT] Construction on a Hyundai Motor-LG battery plant in Georgia that...
Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructure
MICROSOFT and OpenAI said on Thursday they have signed a non-binding deal for new terms of their relationship that would allow OpenAI to move forward with its plan to...
Oil prices slide 2% on worries about global oversupply, US demand
[NEW YORK] Oil prices slid on Thursday, settling about 2 per cent lower as concerns over possible softening of US demand and broad oversupply offset threats to output from the conflict...
Europe: Stoxx 600 ends higher after ECB’s expected ‘hold’ verdict, defence stock boost
EUROPEAN shares finished higher on Thursday as a rally in defence stocks helped lift the main index, with investors taking in a widely anticipated European Central Bank decision to keep interest rates...
Microsoft to put more computing power behind in-house AI models
The world’s largest software maker has mostly relied on large language models from the ChatGPT maker to power its products[NEW YORK] Microsoft plans to expand its physical infrastructure to...
US: Major indexes notch fresh records on rate cut hopes
[NEW YORK] Wall Street’s major indexes hit fresh records on Thursday as US inflation and jobless claims data added to conviction that the Federal Reserve would lower interest rates...
IReit Global’s German subsidiaries served with payment order by former tenant
The dispute stems from a dilapidation cost agreement made with the former main tenant of its Berlin Campus[SINGAPORE] Subsidiaries of IReit Global have been served with a payment order...
Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6
Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30[SINGAPORE] Frasers Hospitality Trust (FHT) has received the court’s sanction for its...
Apple analyst sentiment hits five-year low after two downgrades
[NEW YORK] Apple was hit with a pair of downgrades on Thursday (Sep 11), in the latest sign of caution towards the iPhone maker, which has sharply underperformed its...
