US: Wall Street opens higher on optimism for AI demand
Wall Street kicked off November on firmer ground on Monday (Nov 3), driven by optimism around AI demand with OpenAI and Amazon striking a US$38 billion deal, while Kenvue shares soared…
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Indonesia central bank chief sees room for another rate cut
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend on rupiah stability and the effectiveness of…
Microsoft signs US$9.7 billion AI cloud deal with Australia’s IREN to secure Nvidia systems
Once fully implemented, the deal is expected to generate about US$1.94 billion a year for IREN Microsoft has signed an approximately US$9.7 billion deal to purchase AI cloud capacity from…
Waymo killed KitKat. California neighborhood mourns a corner-store cat
San Francisco has been mourning the death of KitKat, a beloved corner-store cat who died after being struck by a Waymo robotaxi last week. KitKat graced the counters of Randa’s Market on…
Wee Hur selling Adelaide student accommodation property for S$14.2 million
The buyer is Grenfell Trust, an indirect 90.48 per cent owned sub-trust of Wee Hur PBSA Fund III A Wee Hur Holdings announced that its 80 per cent owned Australian subsidiary had entered…
Eni, Petronas merge Indonesia, Malaysia assets in joint venture
The new entity, NewCo, will manage 19 assets, 14 in Indonesia and five in Malaysia Italy’s Eni and Malaysia’s state energy company Petronas said on Monday (Nov 3) they had signed a binding…
India’s RBI is back defending rupee as October gains fizzle
THE Indian rupee is inching closer to a new low again, with the central bank’s recent interventions providing only a limited respite for Asia’s worst-performing currency this year.…
Keppel Infrastructure Trust proposes S$119 million acquisition of subsea cable vessel operator
Keppel Infrastructure Trust (KIT)’s S$119 million acquisition of Global Marine Group (GMG), a subsea cable maintenance and installation vessel operator, marks its first foray into to the…
Inside the race to train AI robots how to act human in the real world
CHENNAI, India — Now that artificial intelligence has mastered almost everything we do online, it needs help learning how we physically move around in the real world. A growing global army…
Fu Yu terminates group CEO David Seow for ‘gross default and misconduct’
An interim committee has been set up to oversee all operational matters pending successor search Mainboard-listed Fu Yu Corp has terminated group chief executive officer David Seow for…
Nearly half of Cat A COEs go to EVs, which account for 43% of new sales so far in 2025
They also made up 45.6% of Category A certificate of entitlement (COE) registrations in 9M 2025 The adoption rate of electric vehicles (EVs) in Singapore is gathering pace, with EVs making…
Emerging market stocks rise every month this year for the first time since 1993
The surge is driven by factors including strong gains in many AI-focused Asian tech stocks and a weaker US dollar THE emerging-market (EM) equity benchmark gained for a 10th consecutive…
Terror on Train: Mass Stabbing Attack on UK Train Leaves 10 Wounded, with 9 Fighting for Their Lives as Cops Arrest Two
Ten people were wounded after two attackers armed with large knives went on a violent stabbing spree on passengers aboard a train in Cambridgeshire, England, on Saturday, according to…
Fundamentals driving recent small and mid-cap institutional flows
In H2 up to Oct 30, these stocks record S$472 million in net institutional inflows Singapore is home to more than 240 small and mid-cap (SMID) stocks, each with a value between S$100…
China ends gold tax break in setback for key bullion market
China is scrapping a long-standing gold tax incentive in a potential setback for consumers in one of the world’s top bullion markets. Starting on Nov 1, Beijing will no longer allow…
Hedge funds flee bearish oil bets after US sanctions Russia
Hedge funds cut their bearish position on Brent crude by the most on record after the US imposed sanctions on Russia’s biggest oil companies, threatening exports from the Opec+ producer…
Alphabet, Amazon stakes in Anthropic boost profit by billions
Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were boosted by the increased value of their stakes in…
Meta opens flagship store in West Hollywood to showcase AI glasses, VR headsets
Meta, the parent company of Facebook and Instagram, opened a new flagship store in Los Angeles where people can try out their smart glasses and virtual reality headsets while learning…
Charlie Kirk Predicted His Own Assassination in Disturbing Text Messages Sent to Former Colleague Candace Owens
Turning Point USA founder Charlie Kirk reportedly predicted his own assassination in a series of chilling text messages sent to friend and ex-colleague, Candace Owens, years before his…
Diddy Seen in Prison in First Photo Since His Arrest as He Is Unrecognizable in Gray Beard after Starting New Job in Jail
Sean "Diddy" Combs was spotted in prison for the first time since his arrest last year, after being transferred to a correctional facility in New Jersey, where he's serving the remainder…
How Did Yoervis Medina Die? Ex-MLB Star Dies Suddenly Aged Just 37 After Suffering Heart Attack While Driving
The baseball community is heartbroken after the sudden death of former Seattle Mariners and Chicago Cubs pitcher Yoervis Medina at the age of just 37. Medina, a Venezuelan pitcher,…
Chinese Son Who Teamed Up with Friends to Kill His Mother in a Fake Road Accident to Claim Her Insurance, Sentenced to Death
A young man in China who teamed up with his friends to kill his mother in a fake road accident in a bid to gain her insurance has been sentenced to death. The 23-year-old man, surnamed Lu,…
San Francisco Trans Sex Worker Who Killed Customer Asking for Refund After Finding Out She was Transgender
A San Francisco sex worker who was convicted of voluntary manslaughter in the 2023 killing of a customer who asked for his money back, will spend half a decade in prison. A Federal judge…
Convicted Oklahoma Child Sex Offender Who Faked His Death, Arrested in New York After 13 Years on the Run
Anthony Lennon, a convicted child sex offender from Moore who faked his death at a Super 8 Motel in 2012, has been captured in Canton, New York, after spending 13 years on the run. "It…