Author: Admin

[BENGALURU] Gold prices climbed to an all-time high on Tuesday (Sep 2), extending gains to a sixth session on the back of a weaker US dollar and rising bets of a US interest rate cut this month.Spot gold was up 0.5 per cent at US$3,492.26 per ounce, as at 9.57 am, after hitting a record high of US$3,508.50. US gold futures for December delivery gained 1.4 per cent to US$3,563.40. “A corollary of the weaker economic backdrop and expectations of US rate cuts is boosting precious metals,” said Kyle Rodda, Capital.com’s financial market analyst. “Another factor is the festering confidence crisis in…

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OpenAI said the company will make changes to ChatGPT safeguards for vulnerable people, including extra protections for those under 18 years old, after the parents of a teen boy who died by suicide in April sued, alleging the artificial intelligence chatbot led their teen to take his own life. A lawsuit filed Tuesday by the family of Adam Raine in San Francisco’s Superior Court alleges that ChatGPT encouraged the 16-year-old to plan a “beautiful suicide” and keep it a secret from his loved ones. His family claims ChatGPT engaged with their son and discussed different methods Raine could use to take…

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The road to the 2026 FIFA Men’s World Cup is intensifying as teams across the globe vie for a spot in the expanded 48-team tournament set to kick off on June 11, 2026, in the United States, Mexico, and Canada. With the qualification process well underway, several nations have already secured their places, while others continue to battle through rigorous qualifying matches. Keep reading for an overview of the current state of World Cup qualifiers – all times Eastern.CAFAfrica’s qualification process involves nine groups, with the group winners qualifying directly and the four best runners-up entering playoffs for a chance…

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The backgrounds of Angela Rayner and Sir Laurie Magnus – the sleaze watchdog who holds her fate in his hands – couldn’t be more different.Labour’s “Red Queen” is a working-class council house girl who got pregnant at 16. He’s an old Etonian “quango king”, a City grandee and a pillar of the establishment. He’s so posh he wasn’t awarded his knighthood in the usual way by the Monarch after being nominated by 10 Downing Street. He’s a baronet whose title is hereditary.But though Sir Laurie’s a proper toff, he’s no pushover and he doesn’t waste time. In 2023 his investigation…

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[BEIJING] As BYD weathers a rough patch atop China’s market for new-energy vehicles, other, smaller players are surpassing their sales goals by leaning into demand for cheaper cars.Xpeng reported year-to-date deliveries of 271,615 units on Monday (Sep 1), more than three times the same number of cars it sold in the first eight months of 2024. A key reason is the launch last August of its MONA M03 model, which starts from just 119,800 yuan (S$21,556). The entry-level electric vehicle (EV) competes with mass-market models from BYD and Geely Automobile Holdings but leverages Xpeng’s highly regarded intelligent technologies. It’s quickly become…

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[NEW YORK] Salesforce projected lacklustre quarterly sales growth, suggesting its artificial intelligence (AI) product is not yet paying off as quickly as hoped amid competition from emerging AI companies.Revenue will be US$10.2 billion to US$10.3 billion in the period ending in October, the company said on Wednesday (Sep 3). Analysts, on average, estimated US$10.3 billion. Current remaining performance obligations, a measure of bookings, will increase “slightly above” 10 per cent, in line with analysts’ average projections. Investors have been increasingly anxious that incumbent software makers will be outshined by new AI-based vendors. Companies such as Salesforce, which make applications that are…

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Doug McIntyre Soccer Journalist How would you describe it when a soccer team is clicking? Do you refer to it as “camaraderie” or “a good locker room”? Perhaps it’s, as you hear players and coaches call it, a “tight-knit group.” Or maybe it’s what the younger folk today may refer to as “vibes.” Whatever the term, some think it isn’t nearly as important as just assembling a team with the players possible. The cream, they argue, will inevitably rise to the top. For the most part, they aren’t wrong. Only eight countries have ever won a men’s FIFA World Cup. The last…

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Lawmakers in Missouri are the latest to try to draw a new U.S. House map for the 2026 election that could improve the Republican Party’s numbers in Congress. It’s a trend that began in Texas, at the behest of President Donald Trump, to try to keep GOP control of the House next year. California Democrats responded with their own map to help their party, though it still requires voter approval.Redistricting typically occurs once a decade, immediately after a census. But in some states, there is no prohibition on a mid-cycle map makeover. The U.S. Supreme Court also has said there…

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[SINGAPORE] The rich in Singapore have grown richer in 2025. The combined wealth of the city-state’s tycoons grew 23 per cent to US$239 billion from US$195 billion last year, based on the Forbes 2025 list of Singapore’s 50 richest. The minimum net worth to make the list increased to a record US$1 billion from US$870 million last year.This comes as the Republic’s economic growth for the first half of 2025 beat expectations, coming in at 4.3 per cent on the back of an export overdrive caused by tariff-related uncertainties, said Forbes Asia in a Thursday (Sep 4) statement. Facebook parent Meta…

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The General Services Administration has signed a new partnership agreement with OpenAI for the company’s ChatGPT offering, a move the agency says supports President Trump’s AI Action Plan.ChatGPT Enterprise will be offered to agencies at a steep discount — $1 per agency for the next year.“GSA is playing a leading role in the Trump administration’s adoption of AI technology by government,” GSA Acting Administrator Michael Rigas said in a release Monday. “Our government’s effective use of AI is critical to demonstrating we are the world’s AI leader, and we are thankful for OpenAI’s partnership.”This agreement is part of GSA’s OneGov initiative…

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