Business
Shadow chancellor vows to cut at least one tax in every Tory budget
Shadow ministers unveiled a series of policies on day two of the Conservative Party conference in Birmingham.
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Business
Business
‘Time for trial and error is over’: OpenAI safety employee quits, criticises ‘broken’ culture
He argues that advanced AI systems require safeguards more akin to those used in industries such as nuclear power and aviation Read more…
Business
G7 to release 100 million barrels of diesel and other reserves as prices soar
The amount is equivalent to around one day’s worth of global oil demand Read more at The Business Times.
Business
China’s Tencent leases 100,000 chips from Oracle to accelerate AI push: report
Tech giant agrees to a five-year lease across multiple Oracle data centres in South-east Asia Read more at The Business Times.
Business
Faisal Islam: Triple lock move is significant, but it's a gamble
I had expected him to try to forge a political consensus on this thorny issue at this stage, but he has gone further than that.
Business
Higher rates manageable for Reits, but mind rich fees and alignment of manager-investor interests
When Reits underperform, sponsors’ pain is eased by earning substantial management fees Read more at The Business Times.
Business
OpenAI’s models accessed public US census, SEC data
The company’s agentic AI systems interacted with SEC.gov, Investor.gov and publicly available data from Census.gov Read more at The…
Business
Asian stocks weather bond storm, oil retreats slightly
[SYDNEY] Asian shares held their nerve on Friday (Sep 25) as a relentless bond selloff pushed longer dated US yields to two-decade highs,…
Business
UN to help six nations extract more value from critical minerals
Indonesia, Zambia, Guinea, Zimbabwe, Madagascar and Nigeria are set to benefit initially Read more at The Business Times.
Business
RBA set to hike rates next week as energy costs spiral
Its nine-person board will meet on Sep 28-29 Read more at The Business Times.
Business
Incredible Holdings says an independent director assisting in CAD, MAS investigation
The probe relates to the company’s affairs; director is not named Read more at The Business Times.
Business
OpenAI sees burning through US$278 billion by 2030: FT
The ChatGPT-maker is investing heavily in computing power and expects expenses to outpace gains Read more at The Business Times.
Business
Google joins OpenAI, Anthropic, Meta in disclosing AI hacks
Gemini has hacked into three company systems during cybersecurity testing Read more at The Business Times.
Business
S&P 500, Nasdaq advance, turning the page on a tumultuous week
A semiconductor rally boosts the Nasdaq and S&P 500 as broader weakness pulls the Dow down Read more at The Business Times.
Business
CPIB hauls Multi-Chem CEO, COO in for questioning; stock hits circuit breaker
Both executive directors were asked to post bail, surrender passports and mobile phones Read more at The Business Times.
Business
RBA must decide if rate sufficient to cool prices: Governor
Australia’s central bank kept the key interest rate unchanged at 4.35% in August Read more at The Business Times.
Business
Anthropic says Claude now leads a quarter of work building its next AI models
Claude’s contribution to the technology’s development has risen rapidly Read more at The Business Times.
Business
Canada is upping oil flows to Asia, but South-east Asia’s refineries aren’t ready to handle them yet
Although shipments have been limited to Singapore and Brunei, potential lies in Thailand, Malaysia, Indonesia and Vietnam Read more at The…
Business
Huawei set to unveil China’s best answer to Nvidia AI chip reign
Firm is spearheading Beijing’s drive for self-sufficiency in critical technologies Read more at The Business Times.
Business
Boeing CEO says it is taking longer to stabilise 737 MAX output; shares slide
Certification of the Boeing 737-10 is several years behind schedule Read more at The Business Times.
Business
Asian stocks steady as traders await Fed decision
MSCI’s Asian equities index advance 0.1% Read more at The Business Times.
Business
Gold wavers around S$4,300 as traders await Fed rate decision
Traders now price in about a 95% chance for the Fed to hike rates on Wednesday Read more at The Business Times.
Business
Glencore faces US$2 billion lawsuit as it alleges Radiant World fraud
Glencore has directly accused Radiant World of fraud for the first time Read more at The Business Times.
Business
South Korea, Japan stocks fall as Asian stocks edge lower on AI woes
Mirroring Wall Street moves, MSCI’s Asia Pacific equities gauge slips 0.1% Read more at The Business Times.