Author: Admin

Asia’s demand resilience underscores the mining giant’s commitment to the region[SINGAPORE] BHP is doubling down on Asia as the centre of gravity for global commodity demand, while placing long-term bets on copper and potash as its core future-facing commodities, sidelining smaller plays such as rare earths.The Australian miner – the world’s largest listed mining company by market capitalisation – expects Asia to account for more than half of the global population by 2050, thus anchoring demand growth across the megatrends of urbanisation, decarbonisation and digitalisation, said its chief commercial officer Ragnar Udd.“The world has got an insatiable appetite for copper…

[SINGAPORE] Shares of DBS climbed as much as 3 per cent on Tuesday (Oct 7), driving its market capitalisation beyond S$150 billion. The counter hit S$54.77 as at 1.29 pm, continuing a rally that has seen it climb more than 25 per cent year to date. In June, DBS became the first listed company in Singapore to cross the US$100 billion, or S$129 billion, market capitalisation milestone, helped by a weaker US dollar. It now has nearly double the market capitalisation of its nearest banking rival, OCBC .“DBS checks all the boxes investors want – growth, safety, and income,” said…

NEW DELHI :The World Bank on Tuesday said higher tariffs on Indian goods exported to the U.S. will drag the South Asian growth rate in 2026, even as the current year remains shielded by government spending.The World Bank said growth in South Asia is expected to slow sharply to 5.8 per cent in 2026 from its projection of 6.6 per cent for 2025. Its forecast for the region comprises India, Bangladesh, Sri Lanka, Nepal, Bhutan, and the Maldives.”For 2026, the forecast has been downgraded, as some of these effects unwind and India continues to face higher-than-expected tariffs on goods exports…

[PARIS] The International Energy Agency (IEA) on Tuesday (Oct 7) cut its global forecast for renewable power growth by 2030 by 900 gigawatts (GW) from last year’s outlook, citing weaker prospects in the United States and China, even as solar power continues to drive record additions.Global renewable power capacity is now expected to rise by 4,600 GW by 2030, down from a forecast of 5,500 GW in 2024, with solar accounting for about 80 per cent of the increase, the data showed.The downward revision is mainly due to an early phase-out of US federal tax incentives and other regulatory changes,…

NEW YORK — NEW YORK (AP) — Five years after their influential drummer and lyricist Neil Peart died of glioblastoma, the Canadian band Rush have announced a reunion tour.On Monday, Rush co-founders Geddy Lee and Alex Lifeson revealed a 12-date, seven city tour is scheduled for summer 2026, kicking off in June at the Kia Forum in Los Angeles — where the band played their final show in 2015. The reunion tour will end in Cleveland in September 2026. They’ll also hit Mexico City, Fort Worth, Texas, Chicago, New York and Toronto.Taking Peart’s place is celebrated German composer and producer…

It also announces new programmes to boost cybersecurity and AI adoption among such organisations[SINGAPORE] A slew of new measures aimed at supporting small and medium-sized enterprises (SMEs) with their digital transformation was launched by the Infocomm Media Development Authority (IMDA) on Tuesday (Oct 7).Under this effort, IMDA hopes to equip SMEs with tools and programmes to help them quickly find solutions to their business challenges, boost their cybersecurity and drive artificial intelligence (AI) adoption.Unveiled at the inaugural SMEs Go Digital Day by Senior Minister of State for Digital Development and Information Tan Kiat How, the first measure – Go Digital…

NASHVILLE, Tenn. — NASHVILLE, Tenn. (AP) — The Democratic and Republican ballots aren’t short on candidates in Tuesday’s Tennessee primary special election to replace a GOP congressman who stepped aside this summer, including one who landed President Donald Trump’s endorsement last week.The race to replace former U.S. Rep. Mark Green centers on one of three districts that GOP lawmakers drew as safely red in 2022 by dividing left-leaning Nashville. The Dec. 2 general election could gauge the popularity of Trump’s aggressive second-term agenda, especially with suburban Republican voters.The 7th Congressional District spans 14 counties, bordering both Kentucky and Alabama. Its…

WASHINGTON — WASHINGTON (AP) — President Donald Trump is planning a significant aid package to U.S. soybean farmers to help them survive China’s boycott of American beans in response to his trade war even as the president says he is still seeking a soybean deal with Beijing.But farmers are worried that time is quickly running out to reach a deal in time to sell any of this year’s crop to their biggest customer.Treasury Secretary Scott Bessent on Thursday said on CNBC that the public could expect news of “substantial support for our farmers, especially the soybean farmers” as soon as…

California’s controversial plan to redraw its congressional maps mid-decade is among the most pressing issues discussed by candidates in the 2026 gubernatorial race.Proposition 50, placed on the ballot by the state legislature for a November special election, would authorize California lawmakers to redraw the state’s congressional districts before the 2030 Census.The redistricting effort, backed by Democratic Gov. Gavin Newsom, would shift five of the state’s U.S. House seats to be more favorable to Democrats in next year’s midterm elections. California Democrats call it a countermeasure to Texas’ recent redistricting, which favors Republicans in the midterms. Unlike in Texas, California voters took the power to…

ADDIS ABABA, Ethiopia, Oct. 7, 2025 /PRNewswire/ — Kadisco General Hospital (KGH), one of Ethiopia’s leading private healthcare institutions, and MindHYVE.ai™, a U.S.-based pioneer in agentic artificial intelligence (AI), have signed a Memorandum of Understanding (MoU) to launch an ambitious collaboration that will accelerate AI-powered healthcare innovation, operational efficiency, and workforce capacity-building in Ethiopia. Kadisco and MindHYVE.ai™ partner to advance AI-powered healthcare in Ethiopia The partnership, formalized in Addis Ababa on September 11, 2025, brings together Kadisco’s strong foundation in clinical excellence with MindHYVE.ai’s™ advanced AI technologies, including ChironAI™…