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AI has granted America vast new power
13+ hour, 51+ min ago (137+ words) Its government is now the gatekeeper to frontier models " and most compute THE news is full of how an'ignominious peace deal with Iran'exemplifies a decline in American power. That conclusion could hardly be more wrong. On Jun 12, the Trump administration…...
Oil shipments rise in Hormuz although questions grow over Iran's transit terms
4+ hour, 57+ min ago (659+ words) Ships resumed broadcasting positions as they transited the strait OIL shipments through the Strait of Hormuz picked up on Friday (Jun 19) after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns…...
Crude oil "caught up in cautious enthusiasm" over US-Iran peace deal, but analysts don"t expect further price easing soon
7+ hour, 27+ min ago (1138+ words) Markets are pricing in a normalisation in Hormuz flows, but observers say the process could take around six months [SINGAPORE] While the price of Brent crude oil has eased by around 30 per cent in the past month on the back…...
Beyond beaches or Bali: Singapore's push for urban wellness tourism
4+ day, 15+ hour ago (166+ words) A billion-dollar thermal bath facility is part of the city-state's bid to grab a slice of the fast-growing pie [SINGAPORE] When Therme Group won the tender for a wellness attraction in Marina South last November, some wondered how the Austrian…...
Ambani's Jio Platforms files for long-awaited India IPO
5+ hour, 45+ min ago (625+ words) The IPO could raise more than US$4 billion JIO'Platforms, a crown jewel of billionaire Mukesh Ambani's oil-to-retail conglomerate, filed draft listing documents on Friday (Jun 19), starting the process of unlocking shareholder value in one of India's most-anticipated initial public offerings....
Mapletree CFO Wendy Koh appointed as Temasek's new CFO
11+ hour, 7+ min ago (439+ words) She assumes the role fully on Oct 1; at Mapletree, Wong Mun Hoong will step into her vacated post [SINGAPORE] Temasek has named a senior executive from Mapletree Investments as its new chief financial officer (CFO), with incumbent Png Chin Yee…...
European stocks muted as US-Iran peace talks called off
12+ hour, 21+ min ago (252+ words) Switzerland said US talks with Iranian negotiators would not take place on Friday EUROPEAN'shares were muted on Friday (Jun 19) as investors shunned riskier assets after US-Iran negotiations to end the Middle conflict were called off. The pan-European'Stoxx 600 index dipped 0. 1 per…...
Daily Debrief: What Happened Today (Jun 19)
7+ hour, 35+ min ago (305+ words) Stories you might have missed [SINGAPORE] Temasek has named a senior executive from Mapletree Investments as its new chief financial officer (CFO), with incumbent Png Chin Yee stepping down from the role to focus on her concurrent position as president…...
A fully live Fed, historic BOJ hike and Singapore's stagflation problem
11+ hour, 54+ min ago (223+ words) In this episode of Market Focus Weekly, a podcast by The Business Times, Howie Lim is joined by Pete Tan, portfolio manager at Phillip Capital, to make sense of it all and revisit a call Tan made back on episode…...
US and Iran delay nuclear talks as Lebanon clashes worsen
7+ hour, 37+ min ago (1100+ words) THE US and'Iran'delayed the start of negotiations over a permanent peace deal and Teheran's nuclear programme after fighting intensified in southern Lebanon, a potential setback to efforts to end the war. The talks, which were meant to take place in…...