Fashion

AI unlikely to lead to ‘jobs apocalypse’, OpenAI CEO Altman says
An irreplaceable ‘human part’ of work remains even as AI expands across industries, Altman believesPublished Tue, May 26, 2026 · 05:06 PM[SYDNEY] OpenAI CEO Sam Altman said on Tuesday...
Malaysia jolts bullion trade with 10% import duty on gold bars
Malaysia imported around US$2.5 billion of non-monetary gold through April this yearPublished Tue, May 26, 2026 · 04:19 PM[KUALA LUMPUR] Malaysia has imposed a 10 per cent import duty...
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
Published Tue, May 26, 2026 · 03:49 PM[COLOMBO] Sri Lanka’s central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday (May 26),...
Indonesia’s Merdeka Gold eyes Hong Kong debut with rare depositary receipt listing
The surprise in the deal is the potential reboot of the instrument known as HDRs for the first time in 12 yearsPublished Tue, May 26, 2026 · 03:39 PM[HONG...
Sats may reward shareholders with special dividend if there’s spare cash
The company is on course to achieve FY2029 targets of S$8 billion in revenue and 20 per cent Ebitda margins[SINGAPORE] Air freight handler and inflight caterer Sats may pay...
Samsung’s non-chip union seeks court order to block vote on 40-trillion won bonus deal
The move highlights deepening compensation gaps between different divisions at the companyPublished Tue, May 26, 2026 · 02:25 PM[SEOUL] A Samsung Electronics union representing workers outside the ultra-profitable semiconductor...
AI-driven electricity demand powering hybrid financing for advanced nuclear startups
But scaling such technologies will hinge on the ability to bring in banks and institutional investors[SINGAPORE] Before Oklo went public through a special purpose acquisition company merger in May...
Who’s powering next-gen nuclear energy: AI boom drives hybrid financing wave
But scaling such technologies will hinge on the ability to bring in banks and institutional investors[SINGAPORE] Before Oklo went public through a special purpose acquisition company merger in May...
Why China is tightening controls on overseas stock trading
The move has already rattled brokerages and investors, and could reshape how mainland Chinese access foreign marketCHINA’S efforts to control capital outflows are colliding with growing demand from mainland...
MUFG explores options for stake in Indonesia’s Danamon including take-private deal: sources
Published Tue, May 26, 2026 · 12:17 PM[TOKYO] Mitsubishi UFJ Financial Group (MUFG) is exploring options for Bank Danamon Indonesia, including a take-private of the lender or selling some...
Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe
This relates to allegations of ex-CapitaLand employees in India accepting bribes, kickbacks from a JV subsidiary[SINGAPORE] Singapore-based property and real estate group Lee Kim Tah (LKT) has reached a...
Starbucks Korea top executives apologise as as ‘Tank Day’ promotion boycott hits revenue
Published Tue, May 26, 2026 · 11:00 AM[SEOUL] Top executives issued public apologies and warned of “substantial” declines in revenue after Starbucks Korea was hit with a boycott campaign...