Culture
From Amazon to DBS: AI is driving the thousands of pink slips being issued to staff
[ad_1] [SINGAPORE] The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of jobs have or will be axed by corporations. Among the latest major...
Trans-Cab, Geolah receive full ride-hail licences from LTA
[ad_1] LTA has upgraded their provisional licences for point-to-point transport services[SINGAPORE] Transport operators Trans-Cab and Geolah on Monday (Dec 22) received full ride-hail service operator licences, having held provisional licences...
Oil up on news the US intercepted an oil tanker off Venezuela
[ad_1] [SINGAPORE] Oil prices rose on Monday (Dec 22) after officials said the US had intercepted an oil tanker in international waters off the coast of Venezuela, raising fresh supply...
Oil prices gain on US interception of Venezuelan oil tanker over weekend
[ad_1] OIL prices climbed in early trade on Monday after the US intercepted a Venezuelan oil tanker over the weekend.Brent crude futures rose 44 cents, or 0.73 per cent, to US$60.91 per barrel...
Gold, silver hit record highs on Fed rate-cut bets
[ad_1] [BENGALURU] Gold and silver hit record highs on Monday (Dec 22) as softer US labour data and a tame inflation reading fuelled bets the Federal Reserve will cut interest...
China consumer shares hit record losing streak on weak demand
[ad_1] [BEIJING] Chinese consumer stocks are headed for their longest-ever stretch of annual underperformance, and analysts expect the trajectory to continue amid a sluggish economy and policy uncertainty.A gauge of...
CNMC Goldmine shares fall 1.8% on extra tax, penalty in Malaysia
[ad_1] [SINGAPORE] Shares of Catalist-listed CNMC Goldmine fell as much as 7.3 per cent on Monday (Dec 22) as investors reacted to its Malaysian unit facing additional income tax assessments.The...
China leaves benchmark lending rates unchanged for seventh month in a row in December
[ad_1] [SHANGHAI] China left benchmark lending rates unchanged for the seventh consecutive month in December on Monday, matching market expectations.The one-year loan prime rate (LPR) was kept at 3.00 per...
How UOB’s Wee Ee Cheong masters the long game
[ad_1] WEE Ee Cheong, the third-generation UOB chief, recently posed a question to AI: what will UOB’s market capitalisation be in ten years?The year 2025 marks UOB’s 90th anniversary, and...
Stocks to watch: Seatrium, CNMC Goldmine, Singapore Paincare
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 22): Seatrium: Seatrium announced on Monday that it has reached an agreement...