News
Musk and OpenAI jury trial to begin in spring next year
The startup is currently raising a funding round of up to US$40 billion led by Japanese tech investment group SoftBank[OAKLAND] Billionaire Elon Musk’s lawsuit against OpenAI will go to...
Microsoft, turning 50, dials up Copilot actions to stay in AI game
[REDMOND] Thousands of people swooned in a dark conference hall that felt more like a rock concert when a Microsoft product manager demonstrated the company’s latest feature: how to...
China hits back at US tariffs with export controls on key rare earths
[BEIJING/LONDON] China placed export restrictions on rare earth elements on Friday (Apr 4) as part of its sweeping response to US President Donald Trump’s tariffs, squeezing supply to the...
TikTok deal put on hold after China indicated it would reject it over tariffs: sources
[WASHINGTON] A deal to spin off the US assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump’s tariffs...
Oil dives 7% to lowest in over three years on China’s tariffs
[HOUSTON] Oil prices plunged 7 per cent on Friday (Apr 4) to settle at their lowest in over three years as China ramped up tariffs on US goods, escalating...
‘Worst-case scenario’ for tech wipes US$1.4 trillion from Nasdaq
[NEW YORK] There’s virtually nowhere to hide for many US technology companies under President Donald Trump’s new tariff regime, the harshest in a century.
After Thursday’s (Apr 3) slump wiped...
‘It was an amazing act’: Finian Tan of alleged nickel trading scammer Ng Yu Zhi’s charade
[SINGAPORE] Ng Yu Zhi spoke the traders’ lingo, was always checking nickel prices and, at one point, monitored the hurricane situation in Australia to make sure the loading of...
Japan could lose US$17 billion in car exports due to US tariffs, says UN trade agency
The tariffs cover more than US$460 billion worth of US imports of vehicles and auto parts annually[GENEVA] Japan could lose US$17 billion in car export potential in the US...
Malaysia Smelting warns of disrupted tin output after gas blast
It is not clear when fuel supplies would resume and some shipments of tin could be impacted[KUALA LUMPUR] Malaysia Smelting Corp (MSC), one of the world’s biggest tin producers,...
Junk bonds suffer worst rout since 2020 with US hit hardest
[NEW YORK] US junk corporate bonds led the biggest slump in global high-yield debt since 2020 as the steepest American tariffs in a century triggered fears about worldwide growth.
The...
