Culture
Ringgit may gain most in South-east Asia on exporter conversion
[HONG KONG] Malaysia’s ringgit stands to gain the most among its South-east Asian peers if the nation’s exporters convert their overseas earnings to the local currency, thanks to the...
Gold rises as investors grow cautious amid US debt fears
Markets are now pricing in at least 50 basis points of rate cuts this year, with the first one expected in OctoberPublished Thu, May 22, 2025 · 09:30 AM[BENGALURU]...
As Rolex shrinks retail near new New York City flagship, Patek Philippe expands
[NEW YORK] After 45 years, Rolexes will no longer be sold at Wempe, the tony watch and jewellery dealer at 700 Fifth Ave, one of retail’s most prestigious addresses.The...
Chinese firms go on fundraising spree amid rush of easy money
[HONG KONG] Chinese companies are seizing on a window of opportunity to raise capital as global investors pour money into Asian assets in search of alternatives to the US.The...
Consumer groups want airlines to pay for baggage fees ‘distress’
[PARIS] Sixteen European consumer groups on Wednesday called on the European Union to take action against seven low-cost airlines over their baggage fees.The European Consumer Organisation, BEUC, which has...
Nike to raise prices by next week, to return to selling on Amazon, media reports say
NIKE is set to raise prices on several of its products starting next week and will also return to selling its products at online retail giant Amazon, according to...
US to keep China chip curbs, spurning Nvidia’s call for relief
[WASHINGTON] The Trump administration will maintain efforts to keep advanced artificial intelligence (AI) technology out of China’s hands, a top White House official said, brushing off calls from Nvidia...
Google brings ads to AI search in ChatGPT battle
[SAN FRANCISCO] Google said on Wednesday it is beginning to weave advertisements into its new AI Mode for online search, a strategic move to counter the challenge posed by...
Apple design legend Jony Ive joins OpenAI
[SAN FRANCISCO] The legendary designer behind Apple’s iPhone, Jony Ive, has joined OpenAI to create devices tailored for using generative artificial intelligence, according to a video posted Wednesday by...
Oil prices fall on news that US-Iran will hold nuclear talks
[NEW YORK] Oil prices settled lower on Wednesday, after Oman’s foreign minister said a fresh round of nuclear talks between Iran and the US would take place later this week.Prices...
