News
Netflix tests new AI search engine to recommend shows, movies
[LOS ANGELES] Netflix is testing new search technology for subscribers that employs artificial intelligence (AI) to help them find TV shows and movies, expanding its use of the technology.The...
Russian oil shipments shift to western tankers as prices slump
[LONDON] A slump in oil prices is allowing Russia’s crude to be carried on tankers owned and insured by western companies, helping tighten the market for those ships around...
Snowflake continues investing in growth in an AI revolution
[SINGAPORE] Artificial intelligence (AI) has a symbiotic relationship with data – and data management platform Snowflake has taken this ball and run with it. From leveraging cloud computing for...
Amid buzzing drones and the rise of AI, Masters tries to balance tradition and tech
AUGUSTA, Ga. — Cellphones are banned at the Masters. Food and drink prices are happily stuck in the 1970s — $1.50 for a pimento cheese sandwich — a charming holdover from...
JPMorgan Q1 profit tops estimates
[NEW YORK] JPMorgan Chase topped first-quarter profit estimates on Friday (Apr 11), driven by record equities trading and higher fees from debt underwriting and merger advisory.CEO Jamie Dimon, however,...
Nickel scam accused paid S$7 million for 8 luxury cars and S$1 million for vintage car plate: dealer
[SINGAPORE] Alleged nickel fraudster Ng Yu Zhi was said to have splurged about S$7 million on eight luxury cars – five of them transferred to his wife and girlfriends...
BlackRock misses long-term flow expectations amid Asia outflows
[NEW YORK] The world’s largest asset manager BlackRock pulled in a less-than-expected US$83 billion of client money to its investment funds in the first quarter, which ended just days...
Job seekers turn to AI tools to gain a competitive edge. It can also backfire
Dani Schlarmann, a recruiter, noticed something fishy about the job applicants.Cover letters and resumes sounded identical. Candidates embellished their experience to match the job description. On top of that,...
Top US pension funds suffer US$169 billion blow from tariffs shock
The total losses for the whole US public retirement system will likely be “significantly higher”[NEW YORK] The top 25 state and local US pension investment funds suffered an estimated...
Gold versus Bitcoin – a battle for portfolio diversification
[SINGAPORE] As US President Donald Trump’s eye-watering tariffs triggered a tanking of the world’s markets in the past week, the paths of two alternative assets diverged.One was gold, which...
