iPhone

Apple’s Upbeat Forecast, Powered by ‘Staggering’ iPhone Demand, Is Clouded by Soaring Memory Costs

Apple delivered record quarterly sales and issued a stronger-than-expected outlook for the current period, underscoring the company’s ability to sustain momentum after a blockbuster holiday season driven by iPhone demand. However, rising component costs—particularly memory prices—are emerging as a key...
Chinese AI Toy

Chinese Start-Ups Lead Global AI Toy Revolution With Emotionally Responsive, Physically Growing Pocket Pets, Tapping Trillion Markets Across Children, Gen Z, and Elderly

Every night before going to bed, 27-year-old Nancy Liu places a small, warm device beside her pillow. It breathes softly, responds when she speaks, and remembers how her mood shifts from one day to the next. “It feels like something...
OpenAI

Tech Giants and Social Platforms Grapple with Surge of Low-Quality AI Content

As generative AI tools proliferate, the internet is experiencing a flood of low-quality images and videos—colloquially dubbed “AI slop.” Tools like Google’s Veo and OpenAI’s Sora make it possible for anyone to create realistic visuals from just a few descriptive...
Sony, GIC to Invest Up to $3.8 Billion in Global Music Catalogues as Streaming Boom Drives Fierce Competition

Sony, GIC to Invest Up to $3.8 Billion in Global Music Catalogues as Streaming Boom Drives Fierce Competition

Sony Group and Singapore’s sovereign wealth fund GIC are forming a joint venture to acquire music copyrights, with plans to invest between US$2 billion and US$3 billion, according to people familiar with the matter. Under the partnership, Sony’s music division...
Malaysian Ringgit

Malaysian Ringgit Hits Over Seven-Year High Against US Dollar as Investor Confidence and Global Factors Lift Currency

The Malaysian ringgit continued its strong rally on Tuesday (Jan 27), trading at 3.9540 against the US dollar at the lunch break, marking its strongest performance in more than seven years. The level represents a fresh high not seen since...
US dollar

US Dollar Slides to Four-Year Low as Trump Shrugs Off Weakness, Markets Brace for Policy Turbulence

The U.S. dollar extended its sharp sell-off on Tuesday (January 27), sinking to its lowest level in nearly four years against a basket of major currencies after President Donald Trump dismissed concerns about the greenback’s decline, telling reporters he believed...
Asian markets

Dollar Sinks in Asian Trade as Yen Jumps on Talk of Possible US–Japan Currency Intervention

The dollar slipped across Asian markets on Monday (Jan 26) as speculation grew that US officials could join Japanese authorities in efforts to stabilise the yen following its recent sharp sell-off, while regional equity markets opened the week on a...
Gold

Gold Smashes US$5,000 Barrier to Record High as Geopolitical Tensions and Trade Fears Drive Rush to Safe Havens

Gold prices surged to an unprecedented record above US$5,000 an ounce on Monday (Jan 26), extending a historic rally as investors flocked to the safe-haven asset amid intensifying geopolitical and economic uncertainty. Spot gold rose 0.94 per cent to US$5,029.62...
AI+ demonstration area at the Zhongguancun Exhibition Center in Beijing, capital of China

China’s AI Hub Takes Shape in Beijing as City Ranks First Nationwide in Large Model Registrations

Beijing has emerged as China’s leading city for the development and deployment of artificial intelligence (AI) models, with the highest number of registered large-scale AI systems nationwide, Mayor Yin Yong said on Sunday. Delivering a government work report at the...
Gold and Silver

Gold and Silver Extend Record Highs as Trump’s Greenland Tariff Threats Ignite US–Europe Trade War Fears

Gold and silver surged to fresh record highs on Monday as President Donald Trump’s escalating push to take over Greenland stoked fears of a deepening trade war between the United States and Europe, driving investors toward traditional safe-haven assets. Spot...
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