Why the AI moratorium’s defeat may signal a new political era
Granted, there’s an argument to be made that the moratorium’s defeat was highly contingent. Blackburn appears to have been motivated almost entirely by concerns about children’s online…
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Culture
Financial sector taps polytechnic talent with new pathways, 300 roles in pipeline
Ten financial institutions (FIs) are partnering the Institute of Banking and Finance (IBF) to roll out some 300 internship and traineeship positions over the next two years. Targeted at…
COE premiums rise across the board; Cat A back up above S$100,000
Certificate of Entitlement (COE) premiums rose across the board for all categories of vehicles in the latest round of bidding on Wednesday (Jul 9), with that for Category A back up above…
Why the new rulings on AI copyright might actually be good news for publishers
The AI copyright courtroom is heating up. In back-to-back rulings last week, the ongoing legal war between AI companies and content creators has significantly shifted, ostensibly favoring…
Temasek to increase exposure in AI, core-plus infrastructure
Singapore investment company Temasek is increasing its exposure to “promising opportunities” in artificial intelligence (AI) and core-plus infrastructure. AI is a “two-decade opportunity”…
Singapore must be willing to take some risks to capture wealth management opportunities: Chee Hong Tat
Singapore must be willing to take some risks to capture new wealth management opportunities, but still maintain high standards of a stable, trusted environment, said Chee Hong Tat,…
Surging UK shipping costs threaten to deliver a new price shock
The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer prices and complicate the Bank of England’s plan to…
Singapore sustainable bond issuances jump 80% to S$13.3 billion in 2024: MAS
The volume of green, social, sustainability and sustainability-linked (GSSSL) bonds, as well as transition bonds issued in Singapore, hit S$13.3 billion last year, up 79.7 per cent from…
DSV’s new S$150 million RedLion2 logistics hub expected to boost Singapore-Johor connectivity
A new logistics facility by Danish giant DSV will support the flow of goods across the Causeway, said Minister-in-charge of Energy and Science & Technology Tan See Leng on Wednesday (Jul…
Danish firm’s new S$150 million RedLion2 logistics hub expected to boost Singapore-Johor connectivity
A new logistics facility by Danish giant DSV will support the flow of goods across the Causeway, said Minister-in-charge of Energy and Science & Technology Tan See Leng on Wednesday (Jul…
Asia: Markets mixed as Trump flags fresh tariffs, eyes on trade talks
Stocks were mixed on Wednesday as investors assessed Donald Trump’s latest tariff threats, while keeping an eye on trade talks after the US president warned he would not again extend a…
Hospital operator IHH eyes Indonesia, Vietnam for expansion
IHH Healthcare is looking to potential new markets Indonesia and Vietnam as the Malaysian hospital operator continues building scale to offset rising healthcare costs in the region.…
Australian pension overseeing A$75 billion adds private equity
The move is the latest in a run of private equity allocation increases among so-called superannuation funds within Australia’s A$4.1 trillion retirement system Mercer…
NEA delegates vote to cut ties with Anti-Defamation League
The National Education Association has voted to break with the Anti-Defamation League, seeking to end a decades-long partnership on fighting antisemitism while offering more evidence that…
China’s gig economy booms as blistering heat leaves workers exposed
On a scorching morning in Beijing, Hao and a dozen other food delivery drivers sweltered outside a hot-pot restaurant. They smoked. They swiped through videos. They waited for the next…
Preliminary report in Air India crash expected to be released by Friday, sources say
A PRELIMINARY report into the crash of an Air India jetliner that killed 260 people in June is expected to be released by Friday, a step that could provide early details into the world’s…
Hong Leong Asia unit introduces share options to incentivise staff
Aim is to create opportunities for directors and employees of China Yuchai International, and its subsidiaries, to participate in its equity Hong Leong Asia on Tuesday (Jul 8) announced…
US used car prices surge as tariffs drive market volatility
A GAUGE of US used vehicle prices sold at wholesale auctions that proved predictive ahead of the inflation surge following the Covid-19 pandemic is climbing again, last month notching its…
HSBC expands UK wealth bet in race to £100 billion asset goal
HSBC Holdings is ramping up growth plans for its UK wealth management operations as Europe’s largest bank seeks to double the assets it oversees for well-heeled individuals in its home…
One of your most valuable assets is the leaders you create
I work in the data center industry, where we’re known for our digital-ready, adaptive infrastructure. Yet one of our most valuable products is actually the leaders we create. Developing…
Starbucks draws interest for controlling stake in China unit
Starbucks has received proposals from prospective investors in its China business, most of whom are eyeing a controlling stake in the operation, said sources familiar with the matter. The…
FBI launches criminal investigations into Brennan, Comey over Trump-Russia probe
The FBI launched criminal investigations into John Brennan and James Comey over possible wrongdoing related to the Trump-Russia investigation, including alleged perjury to Congress,…
Grok Is Spewing Antisemitic Garbage on X
Grok’s first reply has since been “deleted by the Post author,” but in subsequent posts the chatbot suggested that people “with surnames like Steinberg often pop up in radical left…
Open, transparent AI models will create more innovation and trust
Today, most AI is being built on blind faith inside of black boxes. It requires users to have on unquestioning belief in something neither transparent nor understandable. The industry is…