News
Why small, open economies must rethink ‘strategic incompleteness’
10+ hour, 55+ min ago (102+ words) When law is selectively enforced in the global arena, small states need a new playbook to maintain openness FOR two generations, smallness looked less like a liability than an economic strategy. Luxembourg and Ireland built financial centres of global reach....
Unplugging from the Internet is becoming a luxury good
12+ hour, 49+ min ago (146+ words) As constant connectivity becomes a fact of life, being unreachable may need to be legislated into existence IF YOU are a frequent traveller, it has probably been a while since the digital world left you in peace at 30,000 feet. Due…...
Who is accountable when an AI agent decides?
13+ hour, 22+ min ago (562+ words) Lawyers and CIOs are grappling with this issue when a company’s decision-maker isn’t an actual person WITH the rise of artificial intelligence, one question that is often asked is who is accountable when an AI agent makes a decision? Nobody,…...
Hong Kong stock listing boom rumbles towards six-year high
12+ hour, 11+ min ago (146+ words) High-tech firms debuting in the city form a new ecosystem of stocks on top of the old guard of internet firms, says BNP Paribas [HONG KONG] A summer of mega deals is supercharging Hong Kong’s boom for stock market debuts,…...
Singapore stocks fall amid tech rout; STI down 0.2%
10+ hour ago (381+ words) Mapletree PanAsia Commercial Trust leads the gainers on the blue-chip index [SINGAPORE] Singapore stocks ended lower on Monday (Jul 20) amid a tech rout in Asian markets. The dip coincided with the launch of Kimi 3.0, an artificial intelligence model by Chinese…...
BlackRock eyes more than US$12 billion debt for Texas data centre
5+ hour, 31+ min ago (199+ words) [WASHINGTON] BlackRock is looking to sell more than US$12 billion of bonds to help finance a data centre campus in El Paso, Texas, according to people with knowledge of the transaction, the latest in a string of debt deals helping…...
Wall St opens higher as chips recover, megacap earnings loom
5+ hour, 56+ min ago (146+ words) [NEW YORK] Wall Street’s main indexes opened higher on Monday (Jul 20), as chip stocks recovered from last week’s pullback and investors awaited a key slate of earnings from major technology companies that have powered the market’s AI-driven rally. The Dow…...
US average gas price returns to US$4 a gallon as Iran crisis escalates
7+ hour, 14+ min ago (522+ words) Brent crude rose above US$90 a barrel Monday, the highest in over a month [WASHINGTON] After a brief respite, the price of gas is back on the rise. On Monday, the average price at the pump in the United States…...
Boeing wins first Philippine Airlines order in two decades
7+ hour, 34+ min ago (301+ words) The aircraft will be delivered from 2031 [MANILA] Philippine Airlines plans to place its first order for Boeing aircraft in almost two decades, with the airline agreeing to purchase as many as 20 787-10 Dreamliners. The South-east Asian carrier announced the deal at…...
New British premier Andy Burnham vows to end years of instability
7+ hour, 50+ min ago (721+ words) Former Manchester mayor pledges a new model of government; his first challenge will be the choice of his Cabinet team [LONDON] Andy Burnham became Britain’s seventh prime minister in a decade on Monday (Jul 20), pledging to break with the politics…...