Posts by Nathan Pine
AI splitting job market in two: PwC study
In another study, about 49 per cent of CEOs said they expected AI adoption to reduce junior hiring over the next three years Published Tue, Jun 16, 2026 · 06:42 PM ARTIFICIAL intelligence is pulling the global labour market in two opposite directions, rewarding companies that use AI to enhance human skills, while leaving those…
Read MoreGermany rejects UniCredit’s 39 billion euro Commerzbank offer
The government backs the bank’s independence and opposes the Italian lender’s ‘aggressive approach’ Published Tue, Jun 16, 2026 · 04:45 PM [FRANKFURT] Germany rejected UniCredit’s takeover bid for Commerzbank and said it supports the lender’s independence, given its important role for the national economy. On Tuesday (Jun 16), Germany’s Finance Agency, which manages the country’s…
Read MoreEuropean shares inch up as investors assess US-Iran agreement
Published Tue, Jun 16, 2026 · 04:04 PM EUROPEAN shares inched up at open on Tuesday (Jun 16), following a rally in the previous session, as investors assessed the preliminary agreement between the US and Iran, weighing prospects for the resumption of oil supplies through the Strait of Hormuz. The pan-European Stoxx 600 index edged 0.3 per…
Read MoreCan ST Engineering aspire to challenge DBS to be king of the local bourse?
Growing leading companies outside the banking sector will make the local stock market more vibrant [SINGAPORE] Unsurprisingly, Singapore’s largest group by market capitalisation is a bank – DBS . Having a strong shareholder in Singapore-headquartered global investment company Temasek helps drive DBS’ success. Perhaps, more importantly, the lender’s success is helped by being in the…
Read MoreAustralia’s central bank warns rate hikes might not be over after holding fire
Published Tue, Jun 16, 2026 · 01:46 PM [SYDNEY] Australia’s central bank held its cash rate steady at 4.35 per cent on Tuesday (Jun 16), saying the economy was slowing in the face of tighter financial conditions but warned it might yet hike again if needed to control inflation. Wrapping up its June policy meeting…
Read MoreJapan’s Nikkei hits record high, yen steady after BOJ hikes rates as expected
Published Tue, Jun 16, 2026 · 12:50 PM [TOKYO] Japan’s Nikkei share average rose to a record high on Tuesday (Jun 16) after the Bank of Japan (BOJ) raised interest rates, as had been widely expected, without signalling urgency for further tightening in monetary policy. The yen maintained a slightly stronger tone against the US…
Read MoreSouth-east Asia’s green power investments hit new high of US$17 billion in 2025: IEA
But coal is growing more dominant, accounting for nearly half of power generation in 2024 [SINGAPORE] South-east Asia invested US$17 billion in renewable energy last year, marking a new high since at least 2015, data from the International Energy Agency (IEA) showed. The investments were spread across solar, hydropower, wind and geothermal technologies, it said…
Read MoreAnthropic shuts down Mythos access after sweeping U.S. order
Anthropic PBC has disabled access to its most advanced artificial intelligence models, including Mythos, following an unprecedented order by the Trump administration to keep the technology out of the hands of all foreign nationals. The U.S. government told Anthropic to suspend access to the Fable 5 and Mythos 5 models by any foreign national “whether…
Read MoreAI is saving office workers hours — and stealing much of that time back in ‘botsitting’
As the use of artificial intelligence spreads across companies worldwide, it is relieving workers of tedious old chores but creating new ones. A new survey of individuals using AI found it made them more productive, saving each roughly 11 hours per week. But at the same time, the workers on average have to spend more…
Read MoreGold falls for third day as US launches fresh strikes on Iran
The latest attacks underscored Trump’s growing impatience that the two sides have failed to reach an agreement Published Thu, Jun 11, 2026 · 07:41 AM [SINGAPORE] Gold fell for a third day after the US launched fresh strikes against Iran, threatening to extend the war that’s roiled global markets and stoked inflation fears. Bullion dropped…
Read More‘Doctor Who’ Christmas Special Canceled As Russell T Davies Exits
Big news in the Whoniverse. The BBC has canceled the special Christmas episode of Doctor Who, while showrunner Russell T Davies and producer Bad Wolf are exiting the iconic sci-fi series. In an announcement on Wednesday, the BBC acknowledged that the news would be “disappointing for fans” after the broadcaster promised last year that it…
Read MoreEvery Year After Stars: Where You’ve Seen the Cast Before
Still, there are some changes—including how one big reveal is made (no spoilers). “I really, really loved the way that they have these parallels of Sam and Percy when they’re kids and when they’re adults, having similar but opposite stories—like the way it’s filmed and the way it kind of cuts back and forth,” Cornett…
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