Microsoft Corp. pledged to invest $5.5 billion in Singapore through 2029 to support the country’s artificial intelligence industry, accelerating its expansion in a hub for Asia’s AI development. The US tech giant said in a statement Wednesday it’ll use the funds to build out cloud and AI infrastructure and support ongoing operations in the city-state. It also plans to offer free AI tools to studen...
Microsoft Corp. pledged to invest $5.5 billion in Singapore through 2029 to support the country’s artificial intelligence industry, accelerating its expansion in a hub for Asia’s AI development. The US tech giant said in a statement Wednesday it’ll use the funds to build out cloud and AI infrastructure and support ongoing operations in the city-state. It also plans to offer free AI tools to students. Global tech companies are using Singapore as a regional hub to target Southeast Asia, a region of about 700 million people whose youthful populations are moving online at a rapid clip. In January, US memory-chip maker Micron Technology Inc. said it will invest an additional $24 billion to expand its manufacturing capabilities in the island nation. “We’re focused on helping people and organizations use AI by strengthening skills, increasing cybersecurity and resilience, and advancing trusted governance so technology delivers real benefits for Singaporeans,” Microsoft President Brad Smith said in the statement. Singapore has made AI development a national priority, investing in areas such as research, governance and education to help its citizens adopt the technology. The country will make it easier for top-tier foreign AI talent to relocate, offering a dedicated recruitment track and five-year work visa for such experts.
As part of Social Security's annual cost-of-living adjustment (COLA) meant to fight inflation, recipients received a 2.8% boost to their benefits beginning Jan. 1. While any COLA is better than none, many seniors were undoubtedly disappointed in the relatively modest boost. To add a bit of an insult to injury, changes to Medicare mean many seniors didn't even get that big a boost to their take-hom...
As part of Social Security's annual cost-of-living adjustment (COLA) meant to fight inflation, recipients received a 2.8% boost to their benefits beginning Jan. 1. While any COLA is better than none, many seniors were undoubtedly disappointed in the relatively modest boost. To add a bit of an insult to injury, changes to Medicare mean many seniors didn't even get that big a boost to their take-home benefit amount. Image source: Getty Images. Continue reading
CHUNYIP WONG/E+ via Getty Images Stock index futures rose on Tuesday as investors awaited President Trump’s prime-time address on the Iran conflict, with attention focused on potential developments in the Strait of Hormuz crisis. Now, here are five news stories that broke overnight to watch out for: UAE pushes for Strait of Hormuz coalition: The UAE is preparing to help the U.S. and allies open th...
CHUNYIP WONG/E+ via Getty Images Stock index futures rose on Tuesday as investors awaited President Trump’s prime-time address on the Iran conflict, with attention focused on potential developments in the Strait of Hormuz crisis. Now, here are five news stories that broke overnight to watch out for: UAE pushes for Strait of Hormuz coalition: The UAE is preparing to help the U.S. and allies open the Strait of Hormuz by force and is lobbying for a United Nations Security Council resolution for the action, Arab officials told The Wall Street Journal. Emirati diplomats are pushing the U.S. as well as European and Asian military powers to form a coalition to open the waterway, with the UAE reviewing how it could play a military role in securing the strait, including helping to clear the area of mines. Trump to address nation on Iran war: President Donald Trump will deliver a prime-time address on Wednesday at 9 p.m. Washington, time to provide an update on the war in Iran, White House Press Secretary Karoline Leavitt said. The announcement comes after Trump said he expects the conflict to wind down in the coming weeks, adding that the U.S. has largely achieved its military objectives. He also indicated that reopening the Strait of Hormuz would be left to other nations. SpaceX lines up massive IPO syndicate: SpaceX ( SPACE ) is assembling one of the largest underwriting syndicates recently as it prepares for an upcoming IPO dubbed “Project Apex” that has lined up at least 21 banks, Reuters reported. Morgan Stanley ( MS ), Goldman Sachs ( GS ), JPMorgan Chase ( JPM ), Bank of America ( BAC ), and Citigroup are expected to serve as lead bookrunners, while another 16 banks will participate in supporting roles across geographies and investor segments. Baidu robotaxis strand passengers in China: Baidu ( BIDU ) faced disruption in China’s Wuhan city on Tuesday after several Apollo Go robotaxis stopped mid-ride, stranding passengers and raising fresh concerns about autonomous ve...
Khalid Ahmed, 24, from Ealing in west London, also charged with one count of possession of prohibited ammunition A 24-year-old man who was stopped at Dover has been charged with 10 counts of possession of a firearm. Khalid Ahmed, from Ealing in west London, who is a dual Dutch and Irish national, is to appear at Westminster magistrates court on Wednesday, where he will also face one charge of poss...
Khalid Ahmed, 24, from Ealing in west London, also charged with one count of possession of prohibited ammunition A 24-year-old man who was stopped at Dover has been charged with 10 counts of possession of a firearm. Khalid Ahmed, from Ealing in west London, who is a dual Dutch and Irish national, is to appear at Westminster magistrates court on Wednesday, where he will also face one charge of possession of prohibited ammunition. Continue reading...
憧憬中東戰事快將結束,亞太區主要股市造好,港股收市升逾500點。 憧憬美伊局勢緩和,亞太區主要股市全線造好,港股第二季亦有好開始。大市高開569點,收復兩萬五兼重上250天線,之後在高位徘徊,最多升641點。收市上升505點,報25,294點,成交2,914億元。 Blue Water Capital首席投資官李澤銘指出:「美伊局勢會否改善或好轉,其實充滿著疑慮。雖然看到股票市場有明顯反彈,但看到...
憧憬中東戰事快將結束,亞太區主要股市造好,港股收市升逾500點。 憧憬美伊局勢緩和,亞太區主要股市全線造好,港股第二季亦有好開始。大市高開569點,收復兩萬五兼重上250天線,之後在高位徘徊,最多升641點。收市上升505點,報25,294點,成交2,914億元。 Blue Water Capital首席投資官李澤銘指出:「美伊局勢會否改善或好轉,其實充滿著疑慮。雖然看到股票市場有明顯反彈,但看到其他資產類別、油價回落幅度不明顯,似乎大型基金仍處於觀望態度。當然短線資金會博一博,特朗普有持續的利好言論,博一博反彈。這一輪興奮過後,仍有一定調整壓力。」 科網股帶動大市,阿里巴巴、騰訊和快手升百分之2至3。澳門上月博彩收入增長勝預期,金沙中國和銀娛上升百分之2至3。金融股亦造好,滙控升百分之3,重上130元水平。中行突破5元,創超過一年新高。 現貨金價回升,曾經重上4,700美元。金礦股造好,中國黃金國際、紫金礦業和紫金黃金國際,上升百分之4至7。石油股逆市受壓。 資金追捧人工智能大模型概念,智譜去年虧損擴大但收入倍增,股價急升三成一。 日本和南韓股市終止過去四日跌勢,日經指數收市升半成,南韓股市升逾百分之8。內地股市四大指數,升幅都超過百分之1。
憧憬中東戰事快將結束,亞太區主要股市造好,港股收市升逾500點。 憧憬美伊局勢緩和,亞太區主要股市全線造好,港股第二季亦有好開始。大市高開569點,收復兩萬五兼重上250天線,之後在高位徘徊,最多升641點。收市上升505點,報25,294點,成交2,914億元。 Blue Water Capital首席投資官李澤銘指出:「美伊局勢會否改善或好轉,其實充滿著疑慮。雖然看到股票市場有明顯反彈,但看到...
憧憬中東戰事快將結束,亞太區主要股市造好,港股收市升逾500點。 憧憬美伊局勢緩和,亞太區主要股市全線造好,港股第二季亦有好開始。大市高開569點,收復兩萬五兼重上250天線,之後在高位徘徊,最多升641點。收市上升505點,報25,294點,成交2,914億元。 Blue Water Capital首席投資官李澤銘指出:「美伊局勢會否改善或好轉,其實充滿著疑慮。雖然看到股票市場有明顯反彈,但看到其他資產類別、油價回落幅度不明顯,似乎大型基金仍處於觀望態度。當然短線資金會博一博,特朗普有持續的利好言論,博一博反彈。這一輪興奮過後,仍有一定調整壓力。」 科網股帶動大市,阿里巴巴、騰訊和快手升百分之2至3。澳門上月博彩收入增長勝預期,金沙中國和銀娛上升百分之2至3。金融股亦造好,滙控升百分之3,重上130元水平。中行突破5元,創超過一年新高。 現貨金價回升,曾經重上4,700美元。金礦股造好,中國黃金國際、紫金礦業和紫金黃金國際,上升百分之4至7。石油股逆市受壓。 資金追捧人工智能大模型概念,智譜去年虧損擴大但收入倍增,股價急升三成一。 日本和南韓股市終止過去四日跌勢,日經指數收市升半成,南韓股市升逾百分之8。內地股市四大指數,升幅都超過百分之1。