Intel extends comeback as investors bet on foundry growth

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 [NEW YORK] Intel’s dramatic rally to start the year shows investors are increasingly optimistic about the chipmaker gaining new foundry customers, putting it back into the artificial intelligence trade it appeared to abandon in 2024. The stock is up…

Read More

Hunter Biden’s baby mama calls for ex-first son to be arrested after failing to keep child support deal

Hunter Biden’s baby mama calls for ex-first son to be arrested after failing to keep child support deal

Hunter Biden’s former girlfriend and the mother of his 7-year-old daughter has called for the disgraced former first son to be “incarcerated” over his “antics” in failing to hold up his end of their child support deal. Lunden Roberts urged an Arkansas judge Tuesday to reopen the long-running case between the former lovers and arrest…

Read More

Foreigners sell Asian equities in December on worries over valuations

Foreigners sell Asian equities in December on worries over valuations

They have sold local stocks worth US$1.2 billion in India, Taiwan, South Korea, Thailand, Indonesia, Vietnam and the Philippines [BENGALURU] Foreign investors net sold Asian equities in December, on lingering concerns about elevated valuations in technology stocks along with some year-end profit-taking, though the relatively modest outflows compared to November suggested some recovery in sentiment.…

Read More

SIA, Air India ink pact for commercial cooperation

SIA, Air India ink pact for commercial cooperation

The airlines are exploring ways to enhance privileges beyond the current Star Alliance and KrisFlyer programmes [SINGAPORE] Singapore Airlines (SIA) has signed a commercial cooperation framework agreement with Air India that will build on existing partnerships between the two carriers.  In a joint release on Friday (Jan 16), the two airlines said that this latest…

Read More

Robert Davi claims Hollywood blacklist persists over Trump support

Robert Davi claims Hollywood blacklist persists over Trump support

After previously saying that he felt blacklisted by Hollywood due to his support for President Donald Trump that began in 2015, Robert Davi this week said he feels like it’s continuing “to some extent.” “It’s still ongoing, but it might be lightening up, I think,” the “Die Hard” actor told Raymond Arroyo on his “Arroyo Grande” podcast. “I don’t…

Read More

Holiday weekend snow could impact several major cities along I-95 corridor in the Northeast

Holiday weekend snow could impact several major cities along I-95 corridor in the Northeast

Though many portions of the densely populated Interstate 95 corridor are seeing below average snow totals this winter, two separate systems could bring light snow from Washington, DC north to Boston through this weekend and into Martin Luther King Jr. Day. Starting Saturday, an arctic front is forecast to swing into the Northeast, paving the way for flakes that could fall in several major cities…

Read More

Asean agrees on guidelines for quicker subsea cable fixes

Asean agrees on guidelines for quicker subsea cable fixes

They will update the existing 2019 guidelines with international best practices, while also harmonising repair protocols [SINGAPORE] Asean nations have moved to standardise the maintenance of the region’s subsea cables, endorsing a Singapore-led framework that recommends capping the permitted processing time for subsea cable repairs at 10 days. The Enhanced Asean Guidelines for Strengthening Resilience…

Read More

Rio Tinto-Glencore merger may need asset sales to win over China

Rio Tinto-Glencore merger may need asset sales to win over China

China’s antitrust regulator is likely to be concerned about a combined entity’s concentration in copper production and marketing [BEIJING/MELBOURNE] The proposed tie-up between Rio Tinto and Glencore could require asset sales to secure regulatory approval from top commodity buyer China, which has longstanding concerns about resource security and market concentration. The two mining giants revealed…

Read More

China clamps down on high-speed traders, removing servers

China clamps down on high-speed traders, removing servers

The move shows that officials are focused on levelling the playing field for investors and ensuring market stability [SHANGHAI] China is pulling the plug on a key advantage held by high-frequency traders, removing servers dedicated to those firms out of local exchanges’ data centres, according to people familiar with the matter. Commodities futures exchanges in…

Read More