Markets

LAS VEGAS: The White House on Tuesday proposed regulatory principles to govern the development and use of artificial intelligence (AI) aimed at limiting authorities' "overreach", and said it wants European officials to likewise avoid aggressive approaches. In a fact sheet, the White House said ...

INTERNET group Sea, formerly known as Garena, is the first applicant to go solo in its bid for a digital full bank licence in Singapore.

STANDARD Chartered has launched a publicly accessible portal which allows cross-border payments to be traced real-time like how parcel deliveries are tracked.

Intel Corp on Monday released a video of its Mobileye autonomous car navigating the streets of Jerusalem for about 20 minutes with the help of 12 on-board cameras and, unusually, no other sensors.

REDWOOD CITY, California: Impossible Foods on Monday (Jan 7) launched a plant-based sausage patty that will be tested in 139 Burger King restaurants later this month, entering a category dominated by rival Beyond Meat. Silicon Valley-based Impossible Foods, which supplies plant-based Whopper ...

Nissan Motor Co Ltd on Tuesday said former Chairman Carlos Ghosn's flight from Japan would not affect its policy of holding him responsible for "serious misconduct", renewing its charges against him a day before he was due to speak publicly.

American Airlines Group Inc said on Monday it had reached a confidential agreement with Boeing Co to address damages the airline incurred in 2019 due to the ongoing grounding of its fleet of Boeing 737 MAX aircraft.

SINGAPORE: Singapore’s central bank has received 21 applications for digital bank licences at the close of application on Dec 31, 2019. There were seven applications for the digital full bank licences and 14 applications for the digital wholesale bank licences, the Monetary Authority of Singapore ...

European companies are limbering up for a Japanese-style foreign takeover binge. A shrinking domestic market and super-low borrowing costs spurred firms in Asia's second-largest economy to pursue ever-bigger overseas targets. Now their European Union (EU) counterparts, facing similar challenges at home, are poised to follow suit....

Oil prices edged lower on Tuesday, coming off their highest levels in months as the market calmed while the world braces for Iran's response to the killing of its top military commander by the United States.