News
Online child safety advocates urge California lawmakers to increase protections
SACRAMENTO — Julianna Arnold wasn’t alarmed when her teen daughter first joined Instagram.Many people her age were using it. And her daughter Coco had a social life and other hobbies, like...
Apple sends new round of cyberthreat notifications to users in 84 countries
The company is regularly warning users who may have been targeted by state hackers[WASHINGTON] Apple has sent a new round of cyberthreat notifications to users in 84 countries, the...
SoftBank’s Arm plans to set up chip training facility in South Korea
It will train about 1,400 high-level chip design specialists to bolster the relatively weak system-semiconductor and fabless segments[SEOUL] South Korea’s industry ministry and SoftBank’s chip unit, Arm, have signed...
BOJ likely to hike rate this month
[TOKYO] Bank of Japan officials are ready to raise interest rates at a policy meeting later this month, provided there’s no major shock to the economy or financial markets...
Gold steady as rising yields offset dollar weakness; PCE data eyed
[BENGALURU] Gold prices held steady on Friday (Dec 5), as rising US Treasury yields offset support from a weaker US dollar, while markets awaited US inflation data later in...
Wall Street opens higher as investors mull Fed rate cuts
[NEW YORK] Wall Street’s main indexes opened slightly higher on Thursday (Dec 4) as investors parsed a fresh batch of labour market data to gauge the odds of a...
Sunpower Group to buy stakes in two China thermal energy projects
It will take 15% equity interest in Xinneng Thermal Power, and the remaining interest in Changshu Thermal Power that it does not own[SINGAPORE] Sunpower Group on Thursday (Dec 4)...
Hepmil founders chose Publicis acquisition over fresh funding round, citing M&A risks
Karl Mak, CEO and co-founder of SGAG parent Hepmil, said that the team was not confident in executing their own M&A deals[SINGAPORE] While planning for its next phase of...
Paramount hikes Warner Bros breakup fee to US$5 billion
[LOS ANGELES] Paramount Skydance more than doubled the proposed breakup fee in its offer to acquire Warner Bros Discovery to US$5 billion, according to sources familiar with the company’s...
Federal Reserve ends three-year loss streak from Covid-era monetary policy
The Fed’s deferred asset reflects losses that must be covered before it can resume payments to Treasury[WASHINGTON] The Federal Reserve appears to have finally turned the corner on a...
