Culture
‘No reasons to own’: Software stocks sink on fear of new AI tool
Sell-off has exacerbated an already yawning gap between the performance of software companies and other areas of the tech sector THE new…
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Culture
Culture
Micron to buy Taiwan chip fabrication site for US$1.8 billion
The investment is part of Micron’s global expansion as it seeks to meet continued demand for memory chips Micron Technology has signed a…
Culture
Located in Plentong, the 7,500 square store is the company’s third retail outlet in Malaysia
Situated in Plentong, the 7,500 sq ft store is the company’s third retail location in Malaysia Automotive accessory and tyre company…
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JPMorgan confirms Trump assertion that bank CEO Dimon was not offered Fed chair job
JPMorgan CEO Jamie Dimon on Saturday (Jan 17) confirmed he was not asked to be Federal Reserve chair, hours after US President Donald…
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Musk seeks up to US$134 billion damages from OpenAI, Microsoft
ELON Musk wants OpenAI and Microsoft to pay him damages in the range of US$79 billion to US$134 billion over his claims that the…
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China’s electricity use hits record in 2025, surpasses 10 trillion kWh
China’s electricity consumption climbed 5 per cent to a record high last year, surpassing 10 trillion kilowatt-hours for the first time,…
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Nvidia H200 chip parts suppliers halt output after China blocks shipments, FT reports
SUPPLIERS of parts for Nvidia’s H200 have paused production after Chinese customs officials blocked shipments of the newly approved…
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FAA warns airlines on Central, South American flights of potential military actions
THE US Federal Aviation Administration warned airlines on Friday to exercise caution when flying over Mexico, Central America and parts of…
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White House weighs executive action to cap credit card rates
THE White House is weighing an executive action to enact President Donald Trump’s call for a cap on credit card interest rates, in…
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Google asks US judge to defer order forcing it to share data with rivals while it appeals
ALPHABET’S Google asked a judge on Friday to postpone making the company share data with rivals while it challenges a ruling that the…
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Venezuelan banks will get US$300 million of oil money to sell on exchange market: sources
FOUR Venezuelan banks were notified this week by the country’s government that they will split US$300 million of oil revenues deposited in…
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Federal Reserve’s Jefferson says he considers Powell to be ‘of the highest integrity’
US Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on…
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Oil prices settle up as US begins holiday weekend
Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin Luther King holiday weekend in…
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European shares subdued as luxury stocks, miners weigh
EUROPEAN shares were subdued on Friday, limited by weakness in luxury and mining stocks in a dour end to a week dominated by the start to…
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US stocks: Wall Street ends little changed before long weekend
US stocks ended nearly flat on Friday in a choppy session ahead of the long weekend, and all three major indexes posted losses for the…
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Maybank applies to place Dasin Retail Trust’s manager under judicial management
This comes after four subsidiaries received court summonses over Companies Act breaches Maybank has applied to place the trustee-manager…
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Stamford Land unit is being sued over alleged defects in Sydney project
The claims involve alleged deficiencies in the design and construction of Macquarie Park Village Stamford Land on Friday (Jan 16)…
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The Ultimate Packing Guide for a Beach Getaway - Southern Curls & Pearls
There is nothing that excites me more than packing for a beach vacation when it’s absolutely freezing at home! Don’t get me wrong… I love…
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S&P 500, Nasdaq open higher as chip stocks extend rally
The S&P 500 and the Nasdaq opened stronger on Friday (Jan 16) as chipmakers returned to the driver’s seat in a volatile week that also…
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JPMorgan eclipses Dimensional as world’s biggest active ETF firm
The bank’s asset management arm currently controls nearly US$257 billion in active ETFs worldwide JPMorgan Asset Management has a new…
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Mitsubishi to buy Texas, Louisiana shale gas assets for US$7.5 billion
This will give it a substantial natural gas operation near the US Gulf Coast and the energy export facilities developed there Japanese…
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Porsche sales slump most in 16 years on poor China demand
Its sales are down 26% as the nation’s economic slowdown hit consumers across all income brackets Porsche’s deliveries fell 10 per cent…
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About 30 SGX listcos show early interest in Value Unlock programme to lift valuations
Market participants say weak disclosure and poor investor engagement often drive mispricing on the exchange – gaps the initiative aims to…
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Intel extends comeback as investors bet on foundry growth
The stock is up 31% to start 2026, the third-best performance in the S&P 500 Index Intel’s dramatic rally to start the year shows…