Ann Arbor is reinventing the power company
Most new renewable energy projects take the form of massive wind or solar farms. Ann Arbor, Michigan, is trying something different: a new city-owned utility is building a local power…
Section
Culture
DBS’ plan to buy Alliance Bank stake is said to have stalled
DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory approval to commence talks, according to people with…
Employees are bringing their own AI tools to work and companies are scrambling to catch up
When ChatGPT went viral, leadership teams rushed to understand it, but their employees had already beat them to the chase. Workers were already experimenting with AI tools behind the…
What’s a ‘mirror mentor’? The new professional development tool to help you snag your next role
We all know that traditional mentors—senior professionals who take an interest in you and your future—can help in the job search. They have extensive experience, know the terrain, and are…
MUFG to launch 100 billion yen Japan real estate fund
Mitsubishi UFJ Financial Group (MUFG) plans to launch a 100 billion yen (S$870 million) fund to invest in Japanese real estate, an executive at the country’s largest banking group told…
This scrappy developer is bringing back what millions loved about Trello
For all the many features it’s been lobbing into the world lately, Trello hasn’t given its most dedicated fans the one thing many of them crave most—and that’s a ticket back in time to the…
Asia: Gold glitters to new high as stocks mixed
climbed to a new record on Tuesday as investors sought out safe havens, while Japan’s Nikkei and the Hang Seng pushed higher waiting for Wall Street’s return after the Labor…
Metaplanet holders approve fresh funding tools to buy Bitcoin
The firm aims to quintuple its stockpile to 100,000 by the end of 2026 and hold 210,000 tokens by the close of 2027 Japanese Bitcoin treasury Metaplanet secured shareholder…
China’s margin trades surge to record as stock rally extends
The world’s second-biggest stock market has embarked on a surprise rally in recent months, partly reflecting optimism that China’s breakthroughs in artificial intelligence and efforts to…
China’s margin trades surge to a record amid stock rally
Chinese investors are borrowing a record amount of cash to buy local stocks, further fuelling a months-long rally that has largely been driven by liquidity. The outstanding amount of…
Trump’s World Liberty token falls in first day of trading
The digital tokens backing the Trump family’s cryptocurrency venture, World Liberty Financial, fell in value on Monday (Sep 1) in their first day of trading. The World Liberty tokens,…
Gold hits record high as US rate-cut hopes, softer dollar boost appeal
Gold prices climbed to an all-time high on Tuesday (Sep 2), extending gains to a sixth session on the back of a weaker US dollar and rising bets of a US interest rate cut this month. Spot…
Fu Yu provides updates on probe into its supply chain arm
Fu Yu Corporation has confirmed that its unit’s US$3 million payment to a third party, that has been the subject of a probe, was made for services that were rendered. In February,…
Singapore Paincare receives letters of claim worth S$350,000 to S$450,000
Medical services company Singapore Paincare has received letters of claim worth between S$350,000 and S$450,000, it said in a bourse filing on Tuesday (Sep 2). Lawyers representing Lim…
New York Democratic Rep. Jerry Nadler says he won't run for reelection
Democratic Rep. Jerry Nadler of New York says he will not run for reelection next year, according to an interview published Monday night by The New York Times. Source link
Amazon to invest NZ$7.5 billion in New Zealand data centres
Amazon has formally launched cloud services in New Zealand, dusting off a plan first announced in 2021 to invest more than NZ$7.5 billion (S$5.7 billion) in data centres in the South…
Taiwan’s life insurers see big drop in currency hedging costs
The Taiwan dollar’s recent weakness and the resulting return of carry trades are quickly driving down local life insurers’ hedging costs. Three-month dollar hedging costs using Taiwan…
China’s aluminium factories are changing to escape a crushing price war
For Liang Zhu, who runs an aluminium factory about 100 kilometres north of Hong Kong, there is only one way out of China’s vicious spiral of excessive competition: shift away from…
Taylor Lorenz Has the Goods (Really) on the Left’s Paid Online Influencers
There is an invisible world out there, a hidden hand, and it is driven by money. Source link
Europe: Stoxx 600 ends higher on defence boost; Novo Nordisk jumps after Wegovy data
European shares finished marginally higher on Monday (Sep 1), supported by defence stocks, while Novo Nordisk gained after data showed its weight-loss drug Wegovy delivers stronger…
Trump Is Right to Take On the Federal-Worker Unions
Labor Day should honor laborers, not unions. Source link
Trump to award Medal of Freedom to Rudy Giuliani
President Trump plans to award former New York City Mayor Rudolph W. Giuliani the Presidential Medal of Freedom, a prestigious distinction for civilians who've contributed to America's…
Putin shores up ties with India and China while U.S, EU plan way forward on Ukraine
A defiant Vladimir Putin thumbed his nose at the West by embracing Indian Prime Minister Narendra Modi and China's Xi Jinping on Monday, leaving no sign of progress on Ukraine as President…
1.2 million immigrants are gone from the U.S. labor force under Trump, preliminary data shows
It's tomato season and Lidia is harvesting on farms in California's Central Valley. Source link