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Overnight Wall Street rally lifts Singapore counters; STI rises 1.2%
Across the broader market, gainers outnumber decliners 429 to 199 after 1.6 billion securities worth S$1.7 billion change hands An overnight rally on Wall Street – fuelled by optimism over…
Are you the ‘office parent’? The downsides of being the workplace caregiver
While most teams have managers and team leads, many also have something less official, but just as recognizable: the “workplace parent.” They’re the go-to for advice . . . even for things…
Suddenly, Democratic Politicians Are Running Away From AIPAC
But Biden’s Gaza policy, Kamala Harris’s overtly centrist 2024 campaign, her defeat, the Democratic establishment’s cautious approach to Trump, and the New York City mayoral race have…
The Gun Rights of Drug Users Are Up for Grabs at the Supreme Court
“These laws may address a comparable problem—preventing intoxicated individuals from carrying weapons—but they do not impose a comparable burden on the right holder,” Judge Kurt Engelhardt…
In Praise of the Idle Rich Wastrel
In 2014, the economist Thomas Piketty warned in his bestselling Capital in the Twenty-First Century that patrimonial capitalism, wherein inheritance is the dominant form of wealth…
How to get a job in AI if you know nothing about AI
As tech companies shell out millions for top AI talent—even reportedly billions—regular rank-and-file employees are left wondering how to get in on the action and land a job in artificial…
Deep in Texas Trump Country, a “No Kings” Display Brutally Shames MAGA
In the leadup to the “No Kings” protests, Trump and Republicans widely derided the protesters as extremists, criminals, and terrorists. Then the protests actually happened. They were a…
ST Engineering to hire more cybersecurity experts as it launches new innovation hub
ST Engineering is looking to recruit more cybersecurity experts as it launches a new facility to spur innovation and develop talent, focused on developing cybersecurity solutions driven by…
Japan warns Vietnam of job losses as Hanoi petrol-powered motorbikes ban hits Honda
The ban could result in production interruptions and the risk of bankruptcy for companies in the supply chain [HANOI/TOKYO] The Japanese government and some of the nation’s top…
Chipmaker CXMT plans Shanghai listing with 300 billion yuan valuation: sources
[BEIJING/SINGAPORE] Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offering in Shanghai as soon as the first quarter of next year, eyeing a valuation…
What AI reskilling really requires
When Accenture announced plans to lay off 11,000 workers who it deemed could not be reskilled for AI, the tech consulting giant framed the decision as a training issue: some people simply…
US-Australia rare earths deal is a start but won’t shake China dominance any time soon
US and Western allies seek to loosen China’s grip amid rising trade and security tensions Donald Trump’s backing of Australia’s critical minerals will bring much-needed financial support…
So long, 9-to-5. Hello, 996
So long, nine-to-five. There’s a new work schedule that’s taking over. The grueling “996” schedule—which stands for 9 a.m. to 9 p.m., six days a week—is gaining momentum across the U.S.,…
Want AI to make you more productive? Here’s the right way to use it
AI is often sold as the ultimate productivity hack. Just imagine: the report you dreaded writing, drafted in seconds. The spreadsheet you didn’t want to touch, analyzed instantly. The code…
Gold hovers near record high on safe-haven demand, US rate-cut bets
The shutdown has delayed key economic data releases, leaving investors and policymakers in a data vacuum ahead of the Federal Reserve’s policy meeting next week Gold prices edged higher on…
Singapore Cricket Club members vote against renaming Men’s Bar at special general meeting
For most of its 173 years in business, the Men’s Bar at the Singapore Cricket Club (SCC) admitted, as its name suggests, only men. This changed in 2006 when it opened its doors to all…
BHP bets on iron ore resilience despite China slowdown; Q1 output misses
BHP Group on Tuesday struck an upbeat note on global iron ore demand even as it warned of cooling growth in China, while first-quarter output for the steelmaking element slightly missed…
Hong Leong Asia units’ director and ex-chief accountant detained in China
The director of China Yuchai International (CYI) and former chief accountant of its unit Guangxi Yuchai Machinery have been detained by Chinese authorities. Hong Leong Asia, which holds a…
Hong Leong Asia units’ director, ex-chief accountant detained in China; shares fall 12.3%
The director of China Yuchai International (CYI) and former chief accountant of its unit Guangxi Yuchai Machinery have been detained by Chinese authorities. Hong Leong Asia, which holds a…
Stocks to watch: Genting Singapore, Jardine Matheson, Mandarin Oriental, Parkway Life Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 21): Genting Singapore: The mainboard-listed group on Monday named Si Chen as chief…
Chip crunch: how the AI boom is stoking prices of less trendy memory
The global rush by chipmakers to produce AI chips is tightening supply of less glamorous chips used in smartphones, computers and servers, spurring panic buying by some customers and a…
China scraps platinum tax break for state-owned giant
Currently, China Platinum is the only entity allowed to import the metal without paying a 13% VAT China will phase out a long-standing platinum tax rebate for a state-owned giant,…
Genomics giant Illumina to boost Singapore headcount by 25%, doubles down on local R&D
US-based company is developing next-generation sequencers, using AI models in the Republic to speed up diagnostics and lower healthcare costs Life sciences player Illumina is set to grow…