Business

Singapore’s Temasek cuts employee compensation after failed FTX investment

No misconduct by Temasek’s investment team The team, senior management took “collective responsibility” Temasek did not detail the amount of…

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All the Nvidia news announced by Jensen Huang at Computex

Jensen Huang wants to bring generative artificial intelligence to every data center, Nvidia’s co-founder and CEO said during Computex in…

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Stocks rise on US debt ceiling deal, but China withdraws

Asian stock markets: Nikkei rises 1% to new 33-year high, US futures up Dollar remains high, hits 6-month high against…

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China urges Japan to end export restrictions on chips

BEIJING, May 29 (Reuters) – Chinese Commerce Minister Wang Wentao urged Japan to end semiconductor export controls, calling it a…

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Turkey’s lira falls to near-record lows as Erdogan is re-elected

The Turkish lira fell as incumbent Recep Tayyip Erdogan secured his victory in the 2023 presidential election, extending his rule…

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Major central banks were expected to stop raising interest rates soon. Now it is not so clear

Stronger-than-expected US jobs and GDP data have highlighted a key risk to the US central bank potentially taking the foot…

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Bitcoin BTC price rises past $28K on debt ceiling deal

Good morning. Here’s what happens: Prices: Crypto and Asian stock markets opened strongly as the White House announced a deal…

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Neal Spence, longtime WTAE pilot traffic reporter, dies

He was an “eye in the sky” over Pittsburgh for a long time. Many of you will remember the name…

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Japanese shares jump 2%, Asian markets rise after US reaches tentative deal on debt ceiling

18 minutes ago Singapore’s Temasek is cutting pay for senior management and the investor team involved in FTX Singapore state-owned…

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Bitcoin retakes $28K and charts suggest ARB, XRP, EOS and AAVE may follow

The United States looks set to avoid a catastrophic debt default after the White House and White House Republicans agreed…

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