Posts by Nathan Pine
Meta scales back plan for internal mouse-tracking tech, citing staff concerns
New controls allow employees to pause data collection for up to 30 minutes or request exemptions from the initiative Published Wed, Jun 3, 2026 · 03:31 PM [CALIFORNIA] Meta is dialling back elements of its plan to collect employee mouse movements, keystrokes and other actions for use as artificial intelligence-training data, it said in an…
Read MoreGlobal funds buy Japan as they flee Asia’s hottest stock markets
Expectations for stronger corporate governance reforms have also been a driver of foreign inflows into the country Published Wed, Jun 3, 2026 · 02:13 PM [HONG KONG] The global AI trade has turned South Korea and Taiwan into Asia’s top two stock markets this year. Yet for foreign investors, the region’s most compelling destination lies…
Read MoreUS deficits, not de-dollarisation, reshaping bond markets: Franklin Templeton
Issues such as persistent fiscal spending are likely to keep yields elevated, says firm’s fixed-income CIO [SINGAPORE] Fears of global de-dollarisation are vastly overblown, with persistent US fiscal deficits and de-globalisation posing a far more significant long-term challenge for bond markets, said Sonal Desai, chief investment officer of Franklin Templeton Fixed Income. She told The…
Read MoreGold rises on softer US dollar, oil as markets weigh US-Iran peace optimism
Easing of the US dollar made greenback-priced bullion more affordable for holders of other currencies Published Wed, Jun 3, 2026 · 10:45 AM — Updated Thu, Jun 4, 2026 · 02:28 PM GOLD prices gained on Thursday (Jun 4), supported by lower crude oil prices and a weaker US dollar, as investors assessed renewed expectations…
Read MoreNvidia’s PC push carries downside risk for AEM, but DBS maintains ‘buy’ with S$11.80 target
AEM’s broader AI exposure, including data-centre GPU, should be less directly affected [SINGAPORE] Nvidia’s expansion into the personal computer (PC) market has introduced “a new watchpoint” for Singapore-listed semiconductor chip testing firm AEM Holdings , according to DBS analysts. In a Tuesday (Jun 2) note, DBS said that Nvidia’s RTX Spark introduces a “fresh competitive…
Read More‘Encouraging momentum’: Fund managers on Singapore’s S$6.5 billion equity push amid volatile markets
SGX says there is ‘strong support for the programme’s long‑term focus on market fundamentals’ [SINGAPORE] Fund managers under the Monetary Authority of Singapore’s (MAS) S$6.5 billion Equity Market Development Programme (EQDP) have seen an encouraging response from investors despite heightened global uncertainty and market volatility. The programme was introduced last November. Assets under management (AUM)…
Read MoreOil prices rise to one-week high as Iran reviews US proposal to halt war
Iran has effectively halted most non-Iranian shipping in and out of the Gulf since the war began Published Wed, Jun 3, 2026 · 06:18 AM [NEW YORK] Oil prices climbed about 1 per cent to a one-week high in volatile trade on Tuesday (Jun 2) as the market waited for news on the Iran war,…
Read MoreAspiration co-founder sentenced to 14 years for fraud
The co-founder of Aspiration, Joseph Sanberg, was sentenced to 14 years in prison on Monday after defrauding investors and lenders of over $248 million. The startup, an eco-friendly digital banking company boasting fossil fuel-free investments, carbon offsets for gas purchases, and a debit card with cash-back benefits for shopping at clean companies, was founded by…
Read MoreEuropean shares rise as STMicroelectronics lifts tech; inflation backs ECB hike bets
Published Wed, Jun 3, 2026 · 05:44 AM [BENGALURU] European shares rose on Tuesday (Jun 2), as a strong forecast from STMicroelectronics boosted technology stocks and investors assessed eurozone inflation data for signs of the Middle East conflict’s impact on the economy. The pan-European Stoxx 600 index rose 0.7 per cent to 625.34 points, while…
Read MoreTrump signs an executive order to vet top AI models for national security risks
WASHINGTON — President Trump signed an executive order Tuesday directing the federal government to establish a voluntary early review process for the country’s most advanced artificial intelligence models, following a months-long internal battle over how aggressively Washington should move to regulate the fast-growing technology. Under the order, companies are asked to allow government agencies, including the National…
Read MoreIEA sees possibility of critically low oil stockpiles ahead of peak summer demand
Around half of the initial 400-million-barrel coordinated release from March is yet to hit the market Published Tue, Jun 2, 2026 · 08:25 PM [LONDON] Global oil inventories could hit critical levels ahead of the peak summer demand period if stock draws continue at their current pace, said the head of the International Energy Agency’s…
Read More‘People are getting hurt’: OpenAI sued by Florida over alleged safety risks
Florida sued OpenAI and its chief executive, Sam Altman, on Monday, alleging that the San Francisco tech company failed to inform people about the dangers posed by its popular artificial intelligence chatbot. OpenAI developed ChatGPT, a chatbot used by more than 900 million people weekly to answer questions, generate text and complete other tasks. But…
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