News
The secrets behind the South Korean cosmetics boom: K-pop, Kardashians and churn
SEOUL — Jo Min-Su was working toward a computer science doctorate at one of South Korea’s best universities when he stumbled on his calling: building a better lip gloss.The 30-year-old sat...
Singapore shares edge higher as bank stocks lift STI 0.3%
[SINGAPORE] Shares on the Singapore bourse edged up on Wednesday (Oct 15), as the three local banks all finished the trading day higher.The benchmark Straits Times Index (STI) rose...
Tariffs, port fees and export controls: How US-China trade tensions are ramping up again
Maybank says prediction markets are suggesting that a Trump-Xi meeting is ‘78% likely’ before the end of October[SINGAPORE] Just as Asian markets shuttered at the end of last week,...
Operating-cost disparity taken into account in setting fares for cross-border taxi services: MOT
The authorities will also identify more pick-up points in both Johor Bahru and Singapore for the convenience of commuters[SINGAPORE] The authorities will “enforce in a strict manner” against those...
Market sees higher ship refinancing amid conflicts between US and China
Likely beneficiaries of the spat are shipowners that are neither Chinese nor American, such as Singapore-based players[SINGAPORE] With the US levying fees on Chinese-related vessels and China retaliating with...
Foxconn sees limited impact from China rare earths curbs for now
The company has been riding the wave of the AI boom and reported earlier this month record third-quarter revenue[TAIPEI] Taiwan’s Foxconn, the world’s largest contract electronics maker, sees little...
Indian central bank is said to resume FX swaps to aid liquidity
The move highlights the RBI’s effort to balance growth with currency stability as India faces the highest US tariffs in Asia[MUMBAI] India’s central bank has started a fresh round...
Trust Bank to launch US equities trading function within its mobile app
[SINGAPORE] Digital lender Trust Bank will launch a trading platform for US stocks and exchange-traded funds, with a wait-list opening on Wednesday (Oct 15). Customers will be invited to...
AI’s peak value is in training with private data: Oracle’s Larry Ellison
Models can use such information while keeping it restricted, unlocking huge productivity gains[LAS VEGAS] For artificial intelligence (AI) to reach its peak value, models will need to be trained...
The key health bills California Gov. Newsom signed this week focused on how technology is impacting kids
New laws signed by Gov. Gavin Newsom aim to make the artificial intelligence and social media landscape in California safer, especially for minors. Senate Bill 243, sponsored by state...
