Tag
The AI model’s success may drive the US government to take an even harder line on tariffs and trade restrictions The first Federal Open Market Committee (FOMC) meeting of 2025 may have…
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from lower interest rates, China’s economic chills and…
The Food and Drug Administration said Wednesday that the much-maligned red dye No. 3 will be banned in the United States because it has been shown to cause cancer in animals. The decision,…
Strong Santa Ana winds and low humidity will keep fanning the flames in Southern California through Wednesday, as firefighters continue battling multiple wildfires in Los Angeles. The…
Vegetable platters have been recalled in seven states over fears of possible contamination with salmonella. Why It Matters The products have been given a Class I categorization by the Food…
NATO pit elite divers against new sensors to protect undersea cables from sabotage. Foreign adversaries have increasingly targeted undersea cables and underwater infrastructure. The…
Alcoholic drinks are a leading cause of cancer and should carry a warning about that risk on their label, the U.S. surgeon general said Friday. Alcohol is a factor in nearly 100,000 newly…
A nationwide recall of enchiladas has been announced after the U.S. Food and Drug Administration (FDA) identified a potential health risk linked to the popular frozen meal. Why It Matters…
Dubai, UAE: With the formal introduction of its state-of-the-art AI-powered risk management software, Soutein Management Consultant is transforming how companies manage risk. By automating…
A NEW proposal to prevent Big Lots from shutting all its stores is at risk following complaints from some creditors that stand to incur losses in the troubled retailer’s bankruptcy. The…
Authorities in Brazil on Thursday said the risk of acid pollution from a bridge collapse in the country's north has been contained, as they raised the death toll from the disaster to…
The recall of Marketside Fresh Cut Cucumber Slices from 34 Walmart stores in Texas has been given a Class I risk classification by the U.S. Food and Drug Administration (FDA). The…
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest…
THE yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lacklustre China growth amid risks of higher US tariffs. The onshore yuan fell as…
US BANKS including Goldman Sachs, Morgan Stanley and Bank of America (BOA) are asking investors to disclose whether they plan to use additional debt to invest in significant risk transfers…
CANADA’S Manulife Financial will reinsure C$5.4 billion (S$5.2 billion) of its reserves as it looks to transfer some risk from its portfolio and free up capital for stock buybacks. The…
COMPANIES of all stripes are diving into the debt market on Tuesday (Nov 12), taking advantage of robust demand and relatively favourable borrowing costs. Banks including Citi, Goldman…
A SLOWDOWN in the key Chinese market is currently lashing the financial performance of luxury houses but a Chanel executive warned on Monday (Oct 28) it faces an even greater risk from…
Oil prices settled higher on Friday (Oct 25) and gained 4 per cent on the week, with investors taking stock of the ongoing conflict in the Middle East as well as the US election next…
Turmoil at 23andMe, a company offering popular at-home DNA testing, has upset the industry. Following the resignation of every independent member of the company’s board of directors, its…
BMW is recalling nearly 700,000 vehicles in China due to coolant pump defects, a fresh setback for the German carmaker that’s reeling from other vehicle faults. BMW will recall 499,539…
SOUTH Korea’s exports of technology products slowed for a straight second month in an indication global demand may be peaking out, according to government data that also showed memory-chip…
MIZUHO Financial Group is preparing for short-term market disruptions if investors’ predictions of a soft landing in the US prove wrong, by stocking up on easy-to-sell assets such as…
OVERSea-Chinese Banking Corp (OCBC) will stop handling any transactions involving Russia as it moves to cut exposure to the nation hit with global sanctions. Singapore’s second-largest…
