AI has exposed the illusion of work
There’s a scene in Office Space where Peter sits across from two consultants during a company downsizing. They ask him, “What would you say you do here?” He hesitates, smirks, and admits…
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Culture
Rupee gains as RBI returns to defend currency after slump
INDIA’S rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop last Friday when the central bank appeared to ease up on the firm…
DBS said to revise Alliance Bank offer proposal to 30% stake
It made the decision after failing to get approval for its initial request to buy as much as 49% Singapore’s biggest bank has withdrawn an application to start talks to buy as much as 49…
Europe Is Bending the Knee to the US on Tech Policy
Almost everything is on hiatus. The EU AI Act, Digital Services Act, and Digital Markets Act are all at risk. The European Commission is preparing to end the year with virtually no…
Closing the wealth gap: The solution is hiding in plain sight
When an X user recently pointed out the eye-popping increase in billionaires’ wealth since 2015, entrepreneur Mark Cuban, a billionaire himself, responded with his opinion on why, but he…
Singapore beats Hong Kong in gross tonnage registered as more vessels reflag
Higher tonnage in September makes Singapore the fourth-largest ship registry in the world The ship registry of Singapore has pulled ahead of its closest competitor Hong Kong after some…
Thailand eyes tougher gold-trade rules after baht swings
Thailand’s central bank plans to tighten reporting rules for gold transactions after rising bullion flows contributed to swings in the baht, prompting policymakers to seek better…
This AI prompt cheat sheet solves 4 of work’s big everyday problems
You’ve heard the gospel: AI is going to change everything. Good, great, grand. But when you’re staring down a deadline and 80 unread emails, you don’t need philosophy, you need a cheat…
Alibaba’s main AI app debuts strongly in effort to rival ChatGPT
Qwen’s debut underscores how AI apps have set new highs for rapid adoption in recent times Alibaba Group Holding’s Qwen app drew more than 10 million downloads in the week after its…
Malaysia says it plans to ban social media for under-16s from 2026
France, Spain, Italy, Denmark and Greece are also jointly testing a template for an age verification app Malaysia plans to ban social media for users under the age of 16 starting from next…
Asia: Stocks rise as US rate hopes soothe nerves after torrid week
ASIAN markets mostly rose on Monday as fresh hopes for a US interest rate cut provided some calm after last week’s rollercoaster ride fuelled by worries of a tech bubble. The scramble to…
Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say
China’s imports from Malaysia have almost halved since July from this year’s peak in March at 8.5 million tonnes China is importing unusually large quantities of crude oil from Indonesia,…
Lenovo stockpiling PC memory due to ‘unprecedented’ AI squeeze
The company will aim to avoid passing on rising costs to its customers in the current quarter, as it wants to sustain this year’s strong sales growth, according to the CFO Lenovo Group is…
Scammed while travelling? OCBC rolls out free in-app calls for all customers
Bank says business and retail customers currently make over 8,000 calls to the bank each month while overseas OCBC said on Monday (Nov 24) it is introducing in-app calls on its digital…
Gold dips as US dollar firms on reduced rate-cut prospects
The precious metal, a non-yielding asset, tends to do well in low-interest-rate environments Gold prices dipped on Monday (Nov 24), weighed down by a firm US dollar near six-month highs…
Macquarie Asset Management offers US$7.5 billion for logistics firm Qube
The Australian logistics and shipping-containers’ operations span container leasing, car and grain cargo terminals, and road and rail transport services Macquarie Asset Management offered…
Trump says television networks shouldn’t be able to ‘enlarge’
US President Donald Trump said no television networks should be able to expand, citing the potential growth of what he considers left-wing news networks. “If this would also allow the…
China’s grip on copper sets scene for make-or-break supply talks
Tensions have been building for years, fuelled by a rapid expansion of metal-processing capacity that has outpaced mined production A pricing mechanism underpinning the global…
BHP walks away after fresh approach for Anglo American fails
Under the UK Takeover Code, the Australian mining giant is now barred from making a bid for six months BHP Group confirmed it held preliminary discussions with rival miner Anglo American…
Nasdaq 100 rally shows signs of stalling
SINCE early November, the Nasdaq 100 index has seen a notable pullback of around 6 per cent as at the time of writing last week, driven primarily by anxiety surrounding the artificial…
Nvidia didn’t save the market. What’s next for the AI trade?
An index of chip-related stocks is down 11% in November and on pace for its worst month since 2022 Wall Street thought blowout earnings from Nvidia would calm investors’ nerves about a…
“Not Going To Be Intimidated”: Dem Senator Rips Into Trump
Senator Elisa Slotkin, a Democrat from Michigan, received a bomb threat at her home on Friday. In a statement on X, a spokesperson for Slotkin said that she wasn’t home at the time, and…
Israel Strikes Beirut, Breaking a Ceasefire—Again
Breaking a year-long ceasefire between Israel and Hezbollah, Israel struck the suburbs of Beirut on Sunday, killing at least five people and wounding 28 others, according to the BBC and…
ICE holds record 65,000 migrants; arrests, deportations reach record pace
ICE is shattering records for immigration enforcement, setting new high-water marks for arrests, deportations and detention. Source link