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ADB says AI investments to drive developing Asia growth
SURGING global investments in artificial intelligence and easing inflation give developing Asia a launch pad for sustained economic growth in 2024 and 2025, the Asian Development Bank said Wednesday.With...
Microsoft to spend US$1.3 billion in Mexico on cloud, AI tech
TECH giant Microsoft will invest US$1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence (AI), the company announced...
RBC bankers fear layoffs as pledge to keep HSBC staff nears end: sources
SOME Royal Bank of Canada (RBC) employees who joined when the bank acquired HSBC Canada worry they could lose their jobs when RBC’s six-month guarantee to keep them expires...
EU-China EV talks to continue even if bloc approves tariffs
THE European Union and China will continue negotiations to find an alternative solution to tariffs even if member states vote in the coming days to impose levies on electric...
Opec boosts long-term oil demand outlook, driven by developing world growth
OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and the Middle East and a slower...
US: Stocks end at records despite tepid consumer data
THE Dow and S&P 500 edged to fresh records on Tuesday as investors shrugged off lackluster consumer data while welcoming aggressive stimulus measures announced by China.The Conference Board’s consumer...
Powering the future with green bonds
AS THE world confronts the urgent challenge of climate change, the financial sector has become a key player in steering the global shift towards a low-carbon economy. Green bonds and...
Offeror says Silverlake Axis privatisation bid is final with no price increase
E2I says its offer is an opportunity for shareholders who may find it difficult to exit due to low trading liquidityTHE voluntary unconditional offer from a group led by...
Mark Hamill, Jane Fonda, J.J. Abrams urge Gov. Newsom to sign AI safety bill
More than 125 Hollywood actors, directors, producers, music artists and entertainment industry leaders have added their names to a letter released Tuesday urging Gov. Gavin Newsom to sign a...
TikTok to shut down its music streaming business in November
TIKTOK plans to discontinue its music service in November, ending a years-long experiment to compete with Spotify Technology and Apple.
TikTok Music will go offline on Nov 28 and customer...
