News

Nvidia marks Paris tech fair with Europe AI push
[PARIS] Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into...
Oil prices jumps 4% to 2-month high as tensions rise in Middle East
[NEW YORK] Oil prices rose more than 4 per cent on Wednesday, to their highest in more than two months, after sources said the US was preparing to evacuate its Iraqi...
‘Ridiculous and frustrating’: Jetstar Asia staff blindsided by same-day layoff notice
[SINGAPORE] Jetstar Asia employees were only informed of their retrenchment at 7 am on Wednesday (Jun 11) – the same morning the public announcement went out.“It was unexpected –...
India’s central bank to use cash reserve ratio as active liquidity tool
[MUMBAI] India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather than deploying it only during extreme cash...
Huawei launches Pura 80 smartphone series in next step of China comeback
The latest flagship launch demonstrates the Chinese tech giant’s continued efforts to reclaim the top spot in its home market despite ongoing US sanctionsPublished Wed, Jun 11, 2025 ·...
Gold rises as US-China trade uncertainty persists, investors eye inflation data
GOLD prices edged higher on Wednesday as uncertainty surrounding the finalisation of a US-China trade agreement weighed on sentiment and fuelled some safe-haven buying, with investors awaiting key US...
Nintendo says sold record 3.5 million Switch 2 consoles in first four days
[TOKYO] Nintendo said on Wednesday it had sold a record 3.5 million Switch 2 units worldwide in the first four days after the console was launched.“This is the highest...
New Zealand central bank says former head quit over funding dispute
Published Wed, Jun 11, 2025 · 08:41 AM[SYDNEY] Former New Zealand central bank governor Adrian Orr’s surprise resignation in March was due to his disagreements with the treasury over...
France’s Mistral launches Europe’s first AI reasoning model
[PARIS] Mistral on Tuesday launched Europe’s first AI reasoning model, which uses logical thinking to create a response, as it tries to keep pace with American and Chinese rivals...
Oil demand growth to continue, no peak in sight, Opec Secretary General says
[CALGARY] Oil demand growth will remain robust over the next two and a half decades as the world population grows, Opec Secretary General Haitham Al Ghais said on Tuesday.The organization expects...
Europe: Stocks flat as investors await outcome of US-China talks
EUROPEAN shares closed little changed on Tuesday in cautious trade as investors awaited the outcome of the second day of US-China trade talks in London.The continent-wide Stoxx 600 index closed...
Wearing a computer on your face? Snap looks to take on rivals with new augmented reality glasses
For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones.The Santa Monica-based tech company...