Singapore Post is currently navigating a turbulent period marked by significant leadership changes. In a recent announcement, the company appointed Isaac Mah, who previously served as the Chief Financial Officer for Singapore Post’s Australia division, to the role of group finance chief. This appointment comes on the heels of the dismissal of Vincent Yik, the
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The housing market landscape at the close of 2024 is a mixed bag of optimism and challenges. While there is an uptick in inventory—an aspect usually celebrated by homebuyers—this increase is accompanied by a paradox: much of the available housing stock remains unsold and has languished on the market for extended periods. A recent report
In a pivotal announcement, Alibaba has revealed a significant reduction in prices for its large language models (LLMs) by up to 85%, as shared through a WeChat post by Alibaba Cloud, the company’s cloud computing arm. This aggressive pricing strategy aims to enhance the appeal of its visual language model, Qwen-VL, which enables the integration
As we approach the new year, it’s only natural for households to start thinking about personal finance resolutions. A recent Allianz Life survey revealed that financial stability is a top priority for nearly 38% of Americans heading into 2025. In light of this, certified financial planners have provided a wealth of advice aimed at empowering
In the bustling world of finance, where numbers often overshadow personal stories, Art Cashin, director of floor operations at the New York Stock Exchange, stood out not just for his professional accomplishments but also for the warmth he brought to the industry. His annual New Year’s poems, a blend of wit and poignant observation, served
In the wake of a devastating air disaster, the atmosphere in Muan County, South Korea, is heavy with grief and disbelief. The recent crash of the Jeju Air flight 7C2216, which resulted in the tragic loss of 179 lives, has left not only victims and their families in mourning but also colleagues and friends who
Investing in the financial markets often leads individuals to ponder over the various investment vehicles available. Two popular options include exchange-traded funds (ETFs) and mutual funds, both of which comprise a blend of stocks, bonds, and other assets. While they may appear similar at first glance, a crucial distinction between the two lies in their
As 2023 draws to a close, European equities have experienced a notable decline, mirroring recent trends observed on Wall Street. Investors are growing increasingly cautious, influenced by elevated government bond yields. This environment has prompted many market participants to liquidate their equity positions as they prepare for the New Year. In this context, the pan-European
Nvidia, the leading powerhouse in the chip manufacturing sector, has officially completed its acquisition of Israeli artificial intelligence firm Run:ai for a substantial $700 million. This strategic move is significant, especially in the context of heightened antitrust scrutiny faced from regulatory bodies on both sides of the Atlantic. The implications of this acquisition are layered
The economic landscape in 2023 has been tumultuous, characterized by significant events such as the U.S. presidential election, an ever-evolving discourse surrounding artificial intelligence, and persistent high interest rates. As investors gear up for 2024, the uplift in macroeconomic conditions may offer hopeful prospects, yet the shadow of potential challenges, including a U.S.-China trade war