Fashion
How Zhao’s Binance aided Trump family crypto venture before pardon
[NEW YORK] In late October, US President Donald Trump pardoned crypto billionaire Zhao Changpeng, one of the industry’s most powerful men, after he mounted a months-long bid for clemency.Zhao...
US Federal Reserve’s Cook warns inflation to stay ‘elevated’ next year
A KEY US central bank official warned on Monday that inflation would likely remain elevated in the coming year as tariffs bite, while vowing to fulfill her duties even...
Europe: Shares edge up as investors assess earnings; auto stocks advance
EUROPEAN stocks nudged higher on Monday as investors digested a new round of earnings reports, while auto shares gained on optimism that Dutch chipmaker Nexperia’s China plants will resume shipments.The...
OpenAI, Amazon strike US$38 billion agreement for ChatGPT maker to use AWS
The deal is among the first major moves by OpenAI since it completed a restructuring last week[SAN FRANCISCO] Amazon.com will supply OpenAI with cloud computing services under a multi-year...
Microsoft signs US$9.7 billion AI cloud deal with Australia’s IREN to secure Nvidia systems
Once fully implemented, the deal is expected to generate about US$1.94 billion a year for IREN[SEATTLE] Microsoft has signed an approximately US$9.7 billion deal to purchase AI cloud capacity...
Waymo killed KitKat. California neighborhood mourns a corner-store cat
San Francisco has been mourning the death of KitKat, a beloved corner-store cat who died after being struck by a Waymo robotaxi last week. KitKat graced the counters of...
Singapore stocks track regional market gains; STI up 0.4%
Local telco Singtel is the most actively traded counter on the STI by volume. It ends the day at S$4.26, 0.2% up[SINGAPORE] Local shares ended Monday (Nov 3) higher,...
India’s RBI is back defending rupee as October gains fizzle
THE Indian rupee is inching closer to a new low again, with the central bank’s recent interventions providing only a limited respite for Asia’s worst-performing currency this year. Uncertainty over...
Gold bugs’ bankers take a step back in time
Clients increasingly want to hold gold as a portfolio hedge, so banks are responding with old-fashioned customer service and commensurate fat feesNOTHING says gold is hot quite like a story that big US banks...
Hong Kong to allow crypto exchanges to tap global capital pools
The former British colony’s three-year push to become a regional leader in digital assets has so far delivered mixed results[HONG KONG] Hong Kong plans to ease rules to encourage...
Hyundai Motor Group signs MOU with EDB to advance low-carbon, hydrogen technologies
The group is currently exploring various potential collaborations with Singapore-based companies and start-ups[SINGAPORE] Hyundai Motor Group (HMG) on Monday (Nov 3) signed an agreement with the Singapore Economic Development...
