News
OpenAI sees burning through US$278 billion by 2030: FT
The ChatGPT-maker is investing heavily in computing power and expects expenses to outpace gainsPublished Sat, Sep 19, 2026 · 09:45 AM[SAN FRANCISCO] OpenAI expects that its negative free cash...
Google joins OpenAI, Anthropic, Meta in disclosing AI hacks
Published Sat, Sep 19, 2026 · 08:47 AM[SAN FRANCISCO] Google’s Gemini artificial intelligence model inadvertently hacked into three company systems in May during cybersecurity testing, adding to a string...
S&P 500, Nasdaq advance, turning the page on a tumultuous week
A semiconductor rally boosts the Nasdaq and S&P 500 as broader weakness pulls the Dow downPublished Sat, Sep 19, 2026 · 07:56 AM[NEW YORK] Wall Street closed a volatile...
Newsom creates panel on AI safety regulation, suggests possible ‘kill switch’
SACRAMENTO — Gov. Gavin Newsom on Friday ordered the formation of a panel to come up with safety regulations for the state’s artificial intelligence companies, including the development of a possible...
Why the global oil market hinges on Saudi Arabia’s East-West pipeline
GLOBAL oil supply has been squeezed for months as the impasse over reopening the Strait of Hormuz continues. Now, the market is grappling with another setback: the closure of...
Yen slumps 1% against Singdollar, greenback after BOJ hikes rates
It is trading at 123.4 per Singdollar and 158 per US dollar as at 4.11 pm in Asia[SINGAPORE] The Japanese yen weakened more than 1 per cent against the Singdollar...
Fed rate hike: Will T-bills make a comeback?
[SINGAPORE] With the US Federal Reserve’s rate hike on Wednesday (Sep 16), a question has emerged among some investors: will Treasury bills (T-bills) make a comeback?The Fed upped its...
Goldman Sachs initiates coverage on ST Engineering; stock up 5%
Shares of the tech, defence and engineering group are down 8.6% in the past month[SINGAPORE] Shares of ST Engineering rose 5 per cent in early trade on Friday (Sep...
Goldman Sachs initiates coverage on ST Engineering; stock ends 2.4% up
Shares of the tech, defence and engineering group are down 8.6% in the past month[SINGAPORE] Shares of ST Engineering rose 5 per cent in early trade on Friday (Sep...
AirAsia’s Fernandes says travel demand remains strong, current crisis ‘far’ less severe than Covid
This follows reports on Malaysia’s government asking rivals if they can absorb the carrier’s domestic market sharePublished Fri, Sep 18, 2026 · 12:36 PM[HONG KONG] AirAsia co-founder Tony Fernandes...
