Culture
BT boss Kirkby expects AI to deepen job cuts, FT reports
Published Sun, Jun 15, 2025 · 05:43 PMBT Group chief executive Allison Kirkby said advances in artificial intelligence (AI) could deepen significant job cuts under way at the British...
Taiwan imposes technology export controls on Huawei, SMIC
Taiwan has blacklisted Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC), dealing another major blow to the two companies spearheading China’s efforts to develop cutting-edge AI chip technologies.Taiwan’s International...
China’s biotech moment ignites a 60% stock rally that beats AI
China’s biotechnology stocks have shaken off a four-year slump to be among the hottest performers in Asia this year and funds are tipping further gains.The Hang Seng Biotech Index...
Oil market, long numb to war risk, confronts weekend of worry
The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies.The barrage of headlines...
New World sells 138 Hong Kong homes at discount within hours
Published Sun, Jun 15, 2025 · 03:24 PMNew World Development and its partners sold 138 apartments in a few hours at a new project after pricing the homes at...
US dollar’s tepid rebound reinforces questions around haven role
The US dollar’s muted rally against major peers after Israel’s strikes on Iran reinforced the impression that the greenback’s role as a global haven currency is fading.A Bloomberg gauge...
The low-cost carriers that have taken to Singapore skies
[SINGAPORE] News of the impending shutdown of Jetstar Asia, with the loss of more than 500 jobs, has sent shockwaves through the aviation sector.Comments on social media site Reddit...
Diversified S-Reits’ operating performance remains resilient amid market uncertainties
[SINGAPORE] Diversified real estate investment trusts (Reits) hold a mixture of assets across multiple sub-sectors such as industrial, retail, office and hospitality, offering investors the prospect of portfolio stability...
DBS, OCBC, UOB lead weekly buyback consideration tally
[SINGAPORE] Over the five trading sessions from Jun 6 to 12, institutions were net sellers of Singapore stocks with net institutional outflow of S$80 million, following the S$32 million...
Debt to decarbonisation: challenges for Nippon Steel
[TOKYO] Nippon Steel on Saturday (Jun 14) touted a “historic partnership” with US Steel after US President Donald Trump approved a multi-billion-dollar merger.But the Japanese giant faces numerous headwinds...
