AI boom masks mounting risks from Middle East energy shock: MAS chief
The financial regulator is working with private banks to shorten the time needed to open an account [SINGAPORE] Artificial intelligence investments have helped keep global markets buoyant despite a major Middle East energy shock, with AI-related investment contributing to as much as half of US gross domestic product growth, said Chia Der Jiun, managing director…
Read MoreOld clip from Bangladesh falsely linked to electoral clashes in India
At least five people have died in violence erupted in India’s West Bengal after state elections, but a clip circulating on social media of a stick-wielding crowd was not filmed in the country. The footage was in fact captured in neighbouring Bangladesh during protests that ousted the country’s then prime minister Sheikh Hasina. “There is…
Read MoreAddvalue Tech rises 14.5% on H2 earnings surge
[SINGAPORE] Shares of Addvalue Technologies rose on Monday (May 25) morning after the mainboard-listed company reported higher net profit for its second half ended Mar 31. The stock rose 14.5 per cent or S$0.02 to S$0.158 as at 11.59 am on Monday, with 200.1 million shares changing hands. By the midday trading break, it had…
Read MoreMapletree Industrial Trust divests Philadelphia Data Centre for US$14.5 million
The manager says it is the most ‘prudent’ action to optimise capital allocation and portfolio performance [SINGAPORE] The manager of Mapletree Industrial Trust (MIT) on Monday (May 25) announced the sale of Philadelphia Data Centre for US$14.5 million – a deal entered into with DBS Trustee, as trustee of MIT, and a non-interested third-party purchaser.…
Read MoreBella Hadid Trades Cannes Heels for a $180 Thong Sandal
Bella Hadid shifted gears from Cannes heels to a flatter Saint-Tropez shoe on Sunday, taking a casual stroll with her brother Anwar Hadid in black leather thong sandals. Bella Hadid is seen wearing Massimo Dutti, including her thong sandals, with her brother Anwar Hadid on Sunday in Saint-Tropez, France. GC Images The model and Orebella…
Read MoreThe war-driven supply shock already roiling manufacturing in Asia
Published Mon, May 25, 2026 · 07:36 AM [TOKYO] Countries in Asia are reeling from a shortage of naphtha, a petroleum derivative used in a dizzying array of products, from household plastic wrap to industrial inks and medical devices. Early global alarm over the war in the Middle East centred on skyrocketing crude prices and…
Read MoreEva Longoria Closes Cannes With One More Sky-high Platform Sandal
Eva Longoria closed the 2026 Cannes Film Festival in another sky-high platform sandal, wearing a metallic silver iteration of Santoni’s Wide Strap Platform Sandal to the closing ceremony Saturday night. Eva Longoria wearing silver Santoni platform sandals as she attended the closing ceremony of the 79th annual Cannes Film Festival on Saturday. Getty Images Her…
Read MoreTo AI executives, we’re all just ‘meat computers’
This comparison has not landed well with a public anxious about the artificial intelligence future Source link
Read MoreNike’s Classic Air Max Sneaker Is Getting a New Chrome Colorway for the Summer
In recent years, the Air Max 90 has been one of the less-celebrated models in Nike’s pantheon of Air Max models and yet, the retro sneaker is never too far from the spotlight. While it may not receive the litany of new styles and collaborations seen on shoes like the Air Max 95 or even…
Read MoreMore Signs Russia’s Internet Crackdown Is Backfiring
Vladmir Putin has a problem. Despite the almost $3 billion spent on television propaganda, Putin is not as popular in Russia as he would like to be. Over four years after Russia’s invasion, the war in Ukraine continues to grind on. Aiming for total control over the Donbas, which experts are increasingly saying will take…
Read MoreNissan unit scraps plan to make EV powertrains in UK: Nikkei
The plan to invest £48.7 million to make up to 340,000 units a year has been cancelled Published Sun, May 24, 2026 · 08:24 PM [TOKYO] Nissan Motor subsidiary Jatco has scrapped its plan to make electric vehicle powertrains in Sunderland, Britain, in the light of sluggish demand for Nissan’s EVs in Europe, the Nikkei…
Read MoreNacho versus Taco: Are these Tex-Mex themes about to give investors in Singapore indigestion?
Mega-cap listing aspirants may draw liquidity away from less exciting companies around the world [SINGAPORE] When global bond yields suddenly began surging on May 15, it felt as though investors were finally giving up on “looking through” the inflationary impact of the war in Iran, and positioning themselves for tighter monetary policy from the US…
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