Culture

Nvidia stock surge means CEO’s foundation must double giving
NVIDIA’S surging share price has created a challenge for Jensen Huang’s charitable foundation: As the stock climbs, so does the amount of money it has to give away.The Jen-Hsun...
Adani CFO defends against US charges, says linked to one business contract
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10 per cent of its business, and none of...
Adani CFO says US charges linked to only one business contract
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10 per cent of its business, and none of...
Nvidia boss urges global cooperation during Hong Kong trip
NVIDIA chief executive officer Jensen Huang called for preserving global cooperation amid growing anticipation of renewed tensions between the US and China once President-elect Donald Trump returns to the...
Procter & Gamble doubles down on China’s TikTok to reverse sales slump
PROCTER & Gamble (P&G) has been revamping its marketing and line-up of influencers on fast-growing Chinese shopping app Douyin in recent months, helping its Pantene shampoo lead growth in...
As SGQR+ reshapes Singapore’s payment scene, who wins?
Payments services firm Nets has had a four-decade head start in Singapore.But that advantage may be diminishing in line with a push by the Monetary Authority of Singapore (MAS)...
Fed survey finds inflation fading as a risk next to debt, trade wars
PRESIDENT-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov 5 election victory financial professionals had moved on from rising prices and...
Amazon doubles down on AI startup Anthropic with another US$4 billion
AMAZON pumped another US$4 billion into OpenAI competitor Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalise on generative artificial intelligence technology.This...
Oil prices settle up 1% at 2-week high as Ukraine war intensifies
OIL prices climbed about 1 per cent on Friday (Nov 22), settling at a two-week high, as the intensifying war in Ukraine this week boosted the market’s geopolitical risk...
Europe: Stoxx 600 jumps over 1% to one-week high on real estate boost
EUROPEAN real estate stocks surged, propelling the benchmark index to a one-week high on Friday (Nov 22), while easing of geopolitical tensions also relieved some recent selling pressure.The pan-European...
Soybean, used cooking oil markets brace for more uncertainty as Trump tariffs loom
Prices may suffer, should Beijing – the world’s largest consumer and importer of soybeans – impose retaliatory taxesUNCERTAINTY reigns across global soybean markets, as traders keep a close eye...
US: Wall St opens muted ahead of business activity data; geopolitical tensions in focus
Wall Street’s main indices had a subdued start on Friday (Nov 22) as investors awaited a business activity survey and monitored geopolitical tensions between Ukraine and Russia.The Dow Jones...