Culture

AMD signs AI chip-supply deal with OpenAI, gives it option to take a 10% stake
[SAN FRANCISCO] Advanced Micro Devices (AMD) said on Monday (Oct 6) it will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of...

Gold tops US$3,900 for first time on safe-haven demand
Non-yielding gold thrives in a low-interest-rate environment and during economic uncertainties[BENGALURU] Gold surged past US$3,900 an ounce for the first time on Monday (Oct 6), driven by safe-haven demand...

Federal Reserve’s Miran wants aggressive rate cuts but downplays differences with other officials
FEDERAL Reserve Governor Stephen Miran on Friday again pressed for an aggressive path of rate cuts citing the impact of Trump administration policies on the economy, while other central...

Conservation Must Start With People, Not Just Animals
Flying over the tiny Gombe National Park was a turning point in my understanding of conservation. Below me stretched a landscape that told a complex story – one where...

Designing the revenue engine of tomorrow’s business
The businesses poised to thrive are those that view transformation with a forward-looking mindsetSINGAPORE’S businesses stand at the convergence of opportunity and challenges. While the city-state’s position as a...

US: Wall Street closes higher as investors shrug off jobs data, US shutdown
[NEW YORK] Wall Street’s main stock indexes rose on Wednesday (Oct 1), with strong support from the healthcare sector, despite weaker-than-expected private payrolls data and uncertainty around the first...

China approves Japan’s Mizuho to set up securities firm in Beijing
Mizuho joins a growing list of global financial institutions allowed to wholly own securities branches in China[BEIJING] China’s securities regulator on Tuesday (Sep 30) gave the green light for...

Gold hits record high, heads for best month in 14 years on safe-haven rush
Bullion has risen 11.4% so far in September, on track for its best month since August 2011[BENGALURU] Gold prices rose further to hit a fresh high on Tuesday (Sep...

Swift and top global banks working on blockchain-based overhaul
[LONDON] Global financial messaging network Swift and more than 30 global banks announced on Monday (Sep 29) that they were now working “at pace” on making cross-border payments instantaneous...