Culture
Oil loading in Venezuela slows, more ships make U-turns after new US interceptions
[ad_1] TANKER loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following US action against two more ships and as state-run energy company...
US bars approvals of new models of DJI, all other foreign drones
[ad_1] The move is a significant escalation in Washington’s battles to crack down on Chinese drones in recent years[WASHINGTON] The Federal Communications Commission (FCC) said on Monday (Dec 22) it...
US freezes five big offshore wind projects, shares dive
[ad_1] THE Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the US East Coast over what it called national security concerns, sending shares...
Oil settles higher on risk of disruptions to Venezuela, Russia supply
[ad_1] [NEW YORK] Oil prices settled higher on Monday after the US Coast Guard tried to intercept an oil tanker in international waters near Venezuela a day earlier, and Ukraine damaged two vessels and...
JPMorgan is exploring crypto trading for institutional clients
[ad_1] It is the latest sign of banks warming up to digital assets, and considering it less as a fringe investment[LONDON] JPMorgan Chase is considering offering cryptocurrency trading to its...
Larry Ellison offers US$40.4 billion guarantee to beef up Paramount’s Warner Bros bid
[ad_1] [LOS ANGELES] Oracle co-founder Larry Ellison has stepped in to personally guarantee US$40.4 billion in Paramount Skydance’s latest effort to pry Warner Bros Discovery away from selling its prized...
Nvidia aims to begin H200 chip shipments to China by mid-February
[ad_1] It will provide access to processors roughly 6 times more powerful than the H20, a downgraded chip designed for China[WASHINGTON] Nvidia has told Chinese clients it aims to start...
Netflix refinances part of US$59 billion loan for Warner Bros bid
[ad_1] The streaming giant plans to tap capital markets to further reduce its bridge facility and extend its debt maturities[LOS ANGELES] Netflix has refinanced part of a US$59 billion bridge...
HSBC hires ex-Citi executive Ida Liu to lead its private bank
[ad_1] [LONDON] HSBC Holdings has hired former Citigroup executive Ida Liu to run its global private banking business, according to people familiar with the matter. Liu replaces Gabriel Castello, who...
China’s power reforms, global data centre buildout usher in battery boom
[ad_1] [BEIJING] A revamp of China’s electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for the Chinese energy storage manufacturers that...
China to scrub small overdue debts from credit records to help spur lending
[ad_1] [BEIJING] China’s central bank on Monday unveiled a one-off credit repair scheme to allow overdue personal debts of up to 10,000 yuan (S$1,835) incurred since 2020 to be removed...
AI, liquidity to drive Asia markets in 2026 amid US fiscal risks: Schroders
[ad_1] The technology sector remains the cornerstone of Schroders’ bullish thesis for the region[SINGAPORE] In 2025, US fiscal and geopolitical headwinds prompted investors to redeploy capital towards the East.Petr Kocourek,...