DIRS.INFO The most relevant business & tech news

Read previewThe new AI iPhone is officially available in Apple stores, hitting shelves in almost 60 countries around the world on Friday. The iPhone 16 is the first phone to launch in Apple's new era of artificial intelligence. Although the iPhone 16 won't come straight out of the box with Apple Intelligence, it's one of only two iPhone generations that's compatible with the software. They had pre-ordered the iPhone 16 for themselves and their friends. AdvertisementQueues outside Apple store in Singapore 1 hour into store opening.

Persons: —, there's, Shubhangi Goel, Apple Organizations: Service, Apple, Apple Intelligence, Business, Control, BI, Orchard, Samsung, Huawei, Apple Watch, Lines, Regent, Apple's Regent Locations: Orchard, Singapore, Vietnam, Sri Lanka, India, London, Apple's, Covent Garden, Covent, Europe, Mumbai, Hangzhou, China

☆ How 3 friends without any hospitality experience started renting out over 400 tiny homes in remote locations around the world
▼ + stars: | 2024-09-20 | by ( Erin Liam | ) www.businessinsider.com time to read: +7 min

An early obstacleWith no experience in architecture or building, their first roadblock was figuring out how to build a tiny house. Developing their tiny houses into a profit-sharing businessAfter garnering attention from local media, the team started to receive inquiries on how to purchase tiny houses, Chia said. AdvertisementIn 2023, they set up tiny houses in SingaporeThe tiny house movement encourages minimalistic and sustainable living. Each tiny house is placed in natureBig Tiny's tiny house in Lake Stella, New Zealand. Big TinySeven years on, Big Tiny has placed more than 400 tiny houses in more than 10 countries worldwide, from Taiwan to Europe and Australia.

Persons: Adrian Chia's, Dave Ng, he'd, Dave, Chia, Ng, — Chia, Adrian Chia, Jeff Yeo, Yeo, Big Tiny, Lazarus, Tiny Organizations: Service, Business, Big, Sentosa Development Corporation, Singapore's Ministry of Trade and Industry, BI, Lake Stella Locations: Melbourne, Singapore, Chia's, Australia, Victoria, New South Wales, Germany, Lazarus, Southern, Lake Stella , New Zealand, Taiwan, Europe, New Zealand, Christchurch, Yilan

☆ What is F1 Academy? Here's everything you need to know about Formula 1's female-only racing series
▼ + stars: | 2024-09-20 | by ( Gregory Leporati | ) www.businessinsider.com time to read: +8 min

In many ways, F1 Academy is a spiritual successor to W Series, an all-female racing series that shuttered in 2022 because of financial problems. Where F1 Academy differs is that it has the financial backing of Formula 1 and buy-in from the sport's constructors, with each team sponsoring F1 Academy drivers. "F1 Academy is a really friendly environment and a bit different to when I've been in male paddocks with mixed competition. She previously competed in W Series and has enjoyed her time so far with F1 Academy, which she describes as a "streamlined" series. Most importantly, though, she's grateful for the amount of testing and practice time that F1 Academy provides.

Persons: —, It's, Susie Wolff, Wolff, Marta García, Williams, Venturi, Toto Wolff, James Sutton, I've, Doriane, Racing, Pin, Chloe Chambers, Chris Graythen, Chambers, Haas, she's Organizations: Formula, Service, Academy, Motorsports, F1, Formula Regional, Williams Racing, Formula E, Mercedes F1, F1 Academy, Racing Locations: Spain, Singapore, British, Jeddah, Saudi Arabia

☆ Dollar rebounds after Fed goes big on rate cut
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: +4 min

The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut that had been largely priced in by markets. The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut that had been largely priced in by markets. Fed policymakers on Wednesday projected the benchmark interest rate would fall by another half of a percentage point by the end of this year, a full percentage point next year and half of a percentage point in 2026, though they said the outlook that far into the future is necessarily uncertain. "So to expect an easing today because of what the Fed has done seems a little bit too hard to believe." Elsewhere, the Australian dollar edged up 0.05% against its U.S. counterpart to $0.6768, while the New Zealand dollar advanced 0.04% to $0.6210.

Persons: Jerome Powell, it's, Rodrigo Catril, —, Eric Robertsen, Sterling, NAB's Organizations: U.S, Wednesday, Reuters, National Australia Bank, Bank of England, New Zealand Locations: U.S, Singapore

☆ Binance CEO says crypto exchange saw 40% growth this year in institutional, corporate investors
▼ + stars: | 2024-09-19 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Binance CEO Richard Teng speaks in Singapore on Sept. 17, 2024, at an event hosted by the local foreign correspondents association. Cryptocurrency exchange Binance has seen a 40% increase this year in institutional and corporate investors joining the platform, CEO Richard Teng told CNBC's Lin Lin in an interview Wednesday. "So we on our own, we are seeing a huge uptick in terms of institutional and corporate investors. We have seen a 40% increase in onboarding in that category throughout the course of this year alone," he said. Changpeng Zhao, the billionaire co-founder and former CEO of Binance, stepped down last year as part of the settlement.

Persons: Richard Teng, Binance, CNBC's Lin Lin, Teng, Changpeng Zhao, — Organizations: U.S Locations: Singapore, Changpeng

☆ Dollar catches footing ahead of Fed
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +3 min

The dollar steadied on Wednesday as stronger-than-expected U.S. retail sales had traders slightly trimming bets that the U.S. easing cycle will begin with an outsized interest rate cut. The Federal Reserve is expected to make its first interest rate cut in more than four years at 1800 GMT, which will be followed by a news conference half an hour later. A rate cut is fully priced, with interest rate futures implying a 63% chance of a 50 basis point cut, after flirting with 70% a day earlier. Traders say the Fed's tone as well as the size of the rate cut will drive the next moves in the foreign exchange market. China's stock, bond and currency markets resume trade on Wednesday after the mid-autumn festival break, though it is a holiday on Wednesday in Hong Kong.

Persons: Nathan Swami, Swami Organizations: Federal, Traders, Citi, Australian, New Zealand, Sterling, Bank of, ANZ Bank Locations: Buenos Aires, Argentina, Asia, U.S, Japan, Atlanta, Singapore, Hong Kong, Bank of England

☆ Ray Dalio names the top five forces shaping the global economy
▼ + stars: | 2024-09-18 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

Dalio made his remarks Wednesday ahead of the U.S. Federal Reserve's interest rate decision. Debt, money and the economic cycleWith uncertainty still circling around what the Fed will do at its meeting this week, Dalio raised concerns about how the country's debt will be managed. 'Acts of nature'Dalio then said "acts of nature" have historically posed a bigger threat to humanity and society than war. "Acts of nature, droughts, floods and pandemics have killed more people and been responsible for more domestic orders and international orders changing," Dalio noted. According to the World Economic Forum, the climate crisis results in a 12% loss in global GDP for each 1°C increase in temperature.

Persons: Ray Dalio, Dalio, Kamala Harris, Donald Trump Organizations: Bridgewater Associates, Milken Institute Asia Summit, Bloomberg, Getty, SINGAPORE, Milken, Summit, U.S, CNBC Fed, Economic, Technology Locations: Singapore, U.S, U.S . Federal, China, The U.S, South China

☆ I stayed in a $290-a-night glamping tent off the coast of Singapore to put the 'slow living' lifestyle to the test
▼ + stars: | 2024-09-18 | by ( Erin Liam | ) www.businessinsider.com time to read: +8 min

But on a three-day trip to Lazarus Island, a small island five miles from Singapore, I was forced to slow down. During the pandemic, they chanced upon a government initiative to promote sustainable tourism on Lazarus Island. Lee and Wong ended up winning a three-year tender to open Into the Woods on Lazarus Island in March 2023. With nowhere to eat on the island, guests can cook their own meals or pack food. Erin Liam/ Business InsiderWhen I returned from my trip, the cofounders told me they could not build en-suite toilets due to cost and time constraints.

Persons: —, Ray Lee, Sam Wong, Lee, Wong, they've, Erin Liam, Mike Harlow, Scott Dunn, we're, Glamping, Hilton, Lazarus Organizations: Service, Business, AutoCamp, Hyatt Locations: Lazarus, Singapore, Australia

Former US President Donald Trump speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. Bloomberg | Bloomberg | Getty ImagesSINGAPORE — Cryptocurrency insiders downplayed the potential impact of the U.S. presidential election in November on the market here in the Lion City, even though some also said that former President Donald Trump is seen as more crypto-friendly. Anthony Scaramucci, founder and managing partner of SkyBridge Capital, a global alternative investment firm, predicted that if Harris were to win the election, her handling of crypto regulation would largely be the same as Trump. The Trump family recently launched a new crypto project called World Liberty Financial. Goals set by those involved in the project suggest that it will resemble a crypto banking platform.

Persons: Donald Trump, Kamala, Harris, Trump, Charles Hoskinson, CNBC's, Hoskinson, it's, Anthony Scaramucci, Scaramucci Organizations: Bloomberg, Getty, SINGAPORE, U.S, Trump, Bitcoin Conference, European Union, SkyBridge, Liberty Locations: Nashville , Tennessee, Lion City, TOKEN2049, Singapore, Nashville, U.S ., U.S

☆ China and Russia are ramping up joint military drills. What’s their end goal?
▼ + stars: | 2024-09-17 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +11 min

China sent several warships and 15 aircraft to waters off Russia’s Far East coast for Ocean-2024, according to the Russian military. The latest Russia-China military drills fit a pattern of more than a decade of enhanced military coordination between the two countries, experts say. The joint drills also raise questions about whether the two nuclear-armed powers, which are not treaty allies, could act together in any potential future conflict. Russian military sailors attend the opening ceremony for a joint naval exercise in the South China Sea in July. But observers say that despite the growing coordination within joint drills, it’s unlikely there is a clear end goal past sending a strong signal – at least for now.

Persons: Vladimir Putin, Putin, Xi Jinping, Sergei Bobylev, Xi, ’, “ They’re, ”, Alexander Korolev, Washington’s, Carl Schuster, Korolev, it’s “, Elizabeth Wishnick, “, Russia –, James Char, Schuster Organizations: Hong Kong CNN, Kremlin, Canadian, Putin, NATO, Sputnik, Reuters, Soviet, Center for Strategic, International Studies, CNN, Russian, CSIS, University of New, US Navy, Pacific Command’s Joint Intelligence Center, Russian Defense Ministry, Beijing, South China, Pacific Security Affairs Division, CNA, India, Nanyang Technological University’s Institute of Defense, Strategic Studies, China, Navy Locations: China, Hong Kong, United States, Moscow, Russia, Ukraine, East, Ocean, Russian, Japan, Alaska –, South China, Beijing, Washington, Taiwan, Soviet Union, Communist China, Alaska, Pacific, University of New South Wales, Sydney, Asia, Germany, Philippines, South, Iran, lockstep, Nanyang, Singapore

☆ A push toward sustainable jet fuel is leaving investors with unanswered questions
▼ + stars: | 2024-09-17 | by ( Jenni Reid | ) www.cnbc.com time to read: +8 min

Bloomberg | Bloomberg | Getty ImagesThe aviation industry still sees so-called "sustainable aviation fuel" (SAF) as the only viable way to meet its decarbonization targets, even as opposition and the potential for higher costs for passengers pose obstacles to the fast-growing sector. SAF is a broad term describing fuel that is burned by an aircraft engine, but instead of using kerosene is derived from more sustainable sources. The planemaker said it is collaborating with producer HIF Global on the development of methane-based fuels, and investing in alcohol-to-jet fuel producer LanzaJet. But IATA's own forecast for SAF production to triple in 2024 to 1.9 billion liters would cover just 0.53% of aviation fuel demand for the year. "The truth is, it's going to be more expensive, you can't really sugarcoat that," said HIF Global's Clara Bowman.

Persons: Neste, HIF, Buzz, Lauren Riley, Riley, Rick Nagel, You've, Clara Bowman, Bowman, United's Lauren Riley, HIF Global's Clara Bowman Organizations: SAF, Bloomberg, Getty, United Airlines, Chicago O'Hare International, Labour, Airbus, Farnborough Air, CNBC, International Air Transport Association, Acorn Capital Management, Porsche, HIF, Union's Renewable Energy Directive, Biden, Boeing, Google, Embraer Locations: Singapore, Chile, Texas, U.S, America

☆ Gold hovers near record high ahead of Fed rate verdict
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: +2 min

An employee puts gold bullions into a safe deposit box at Degussa shop in SingaporeGold prices hovered near a record high on Tuesday, ahead of the anticipated start of the U.S. interest rate reduction cycle, which could see policymakers deliver an outsized cut. Spot gold was steady at $2,581.68 per ounce as of 0254 GMT. Bullion rose to a record high of $2,589.59 on Monday. Goldman Sachs reiterated its optimistic outlook on gold prices. "We find that ETF holdings backed by physical gold continue to rise gradually as the Fed policy rate comes down," it said in a note on Monday.

Persons: Yeap Jun Rong, there's, Nicholas Frappell, Goldman Sachs Organizations: U.S, U.S . Federal, ABC Refinery, Palladium Locations: Singapore, ., U.S .

News of an apparent assassination attempt on former President Donald Trump has taken China’s heavily censored social media by storm, prompting conspiracy theories and a mockery of the U.S. political landscape. As the news spread to China on Monday, discussions concerning the incident were trending on the popular Chinese social media platform Weibo, with netizens pointing out how Trump had just recently escaped an attempt on his life at a campaign rally on July 13. Other outlandish conspiracy theories proliferated on the platform, mentioning religious groups. Separate from the conspiracy theories, many netizens theorized that Trump stood to benefit from the incident. In a fundraising email shortly after the incident, Trump said he was safe and in good spirits.

Persons: Donald Trump, “, Trump, Shooter, ” Weibo, Shen Yi, Harris, Ryan Wesley Routh, Routh, ” Organizations: Republican, Federal Bureau of Investigation, Weibo, Trump, Fudan University’s Department of International, Democrats, NBC News Locations: Trump’s Florida, China, Trump, American

☆ Reskilling and investing in communities are crucial during the AI revolution, IBM's chief impact officer says
▼ + stars: | 2024-09-16 | by ( Julia Hood | ) www.businessinsider.com time to read: +5 min

Justina Nixon-Saintil is IBM's chief impact officer and a member of BI's Workforce Innovation board. This article is part of "Workforce Innovation," a series exploring the forces shaping enterprise transformation. What is the connection to workforce innovation? We also make sure that we're investing in communities that are most vulnerable due to climate change and environmental threats. They're all thinking the same thing: How can we use new technologies to understand all communities better and have a greater impact?

Persons: Justina Nixon, —, Nixon, Saintil, I've, we've Organizations: Service, IBM, CSR Locations: Singapore

☆ He was a theater and English major in the UK. Now, he's one of Singapore's 4 masters of wine.
▼ + stars: | 2024-09-16 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +5 min

One of the country's four masters of wine, Hemming oversees wine programs across Asia for 67 Pall Mall, a private club for wine lovers. Reflecting on his unlikely journey from aspiring actor to wine connoisseur, he shared how he transitioned from managing a wine shop to mastering the complex world of fine wine. As an English literature and theater major in the UK, Hemming initially believed the stage was his calling. But after graduating in 2001, he applied for a job at a wine shop in London. "To even register, you must have a reference from your employer saying that you are working in a wine role," Hemming said, along with a recommendation from another master of wine.

Persons: —, Richard Hemming, Shakespeare, Hemming, " Hemming, Jancis Robinson, Grant Ashton Organizations: Service, Business, Spirit Education Trust, Financial Times, North, Masters of, Pall Mall London Locations: Asia, London, Notting, Australia, Europe, Singapore, Pall, Hong Kong

☆ Same-sex marriage was on a roll in Asia. Not anymore
▼ + stars: | 2024-09-13 | by ( Chris Lau | ) edition.cnn.com time to read: +11 min

The winning formulaMore than 30 jurisdictions worldwide now recognize same-sex marriage, according to the Pew Research Center. Since the first same-sex marriage law was passed in the Netherlands in 2001, progress has been made mostly in Europe, the Americas and Australasia. Gay couples cut a wedding cake in Amsterdam on April 1, 2001 after the first same-sex marriage law was passed in the Netherlands. But on the national level, Japan does not recognize same-sex marriage and local courts have returned conflicting verdicts on the issue. Up to 68% of Japan’s adults support same-sex marriage, the highest share in Asia, according to the Pew Research Center.

Persons: Pokpong Jitjaiyai, ”, Pokpong, Watit Benjamonkolchai, Suen, Nadia Rahman, Marcel Antonisse, Kangwan Fongkaew, ” Kangwan, Jennifer Lu, ” Lu, Taiwan’s, Tsai Ing, Sanjit, Chanakarn Laosarakham, Carl Court, Asia’s, Anish Gawande, Narendra Modi, Gawande, Kazuhiro Nogi, –, Hiroshima’s, Scuffles, Andrew Kim, Roslan Rahman, Shawna Tang, Hong Kong’s, Peter Newman, ” Suen, CNN’s Samra, Yoonjung Seo, Aishwarya Iyer Organizations: Hong Kong CNN, Thailand’s Senate, CNN, Chinese University of Hong, Pew Research, Amnesty, Racial Justice, Refugees, Migrants, Getty, Burapha University, Presidential, List, Court, Japan, Seoul Queer Culture, Christian, Korea University’s College of International Studies, University of Sydney, Appeal, University of Toronto’s, Inwentash, Social Locations: Hong Kong, Bangkok’s, Siam, Thailand’s, Bangkok, Thailand, Southeast Asia, Taiwan, Nepal, Asia, Chinese University of Hong Kong, Netherlands, Europe, Americas, Australasia, Myanmar, Malaysia, Sri Lanka, Brunei, Bangladesh, Indonesia’s ultraconservative, Aceh, United Kingdom, Amsterdam, China, Kathmandu, AFP, Taiwan's, Taipei, India, List India, India’s, Delhi, Tokyo, Japan, South Korea, Daegu, Seoul, Korea, Singapore, aren’t, –, Beijing, Indonesia

☆ Alibaba’s Taobao shopping app launches AI-powered English version in Singapore, jumps to first place in Apple’s App Store
▼ + stars: | 2024-09-13 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +3 min

In this article BABA Follow your favorite stocks CREATE FREE ACCOUNTThe logo of Alibaba's e-commerce app Taobao is displayed next to mobile phones displaying the app, in this illustration picture taken October 25, 2023. Reuters | Florence LoSingapore — Chinese e-commerce giant Alibaba 's Taobao shopping app topped the Apple App Store charts in Singapore after releasing an English version on Tuesday — thanks to translations powered by artificial intelligence. That's according to Sensor Tower, a market intelligence firm whose data shows Taobao shot to first place in Apple's Singapore App Store across all categories, as of Sept. 11. As early as last year, Singaporean Taobao users had previously made guides on how to purchase clothes, furniture and lifestyle items from Taobao. These video guides were posted on the ByteDance-owned TikTok platform, another Chinese app.

Persons: Florence Lo, Alibaba, Bain, David Zehner Organizations: Reuters, Company, Asia, South Korean, Bain, CNBC Locations: Florence, Florence Lo Singapore, Singapore, Apple's Singapore, China, AliExpress, Malaysia, Asia Pacific, Singapore's

☆ Strong case for 50 basis point Fed rate cut, says former NY Fed chief Dudley
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: +1 min

Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States. Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States. "I think there's a strong case for 50, whether they're going to do it or not," he said at the Bretton Woods Committee's annual Future of Finance Forum in Singapore. He said rates were currently 150-200 basis points above the so-called neutral rate for the U.S. economy, where policy is neither restrictive nor accommodative. Dudley had previously called for the Fed to begin cutting in July.

Persons: Bill Dudley, Dudley Organizations: New York Federal, Former New York Federal, Bretton Woods, of Finance Forum, Fed Locations: United States, Singapore, U.S, Asia

☆ Sam Altman’s lesser-known crypto project wants to scan the world’s eyeballs
▼ + stars: | 2024-09-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +9 min

And when that happens, he’s got another project, Worldcoin, in the works to help fix it. To do that, it’s using its proprietary, basketball-ball sized “orbs” that scan people’s eyeballs and create a unique, immutable code based on the pattern of their irises. So I sat down (virtually) with Worldcoin’s co-founder and CEO, 30-year-old Alex Blania, to discuss the project’s origins and future. CNN: A lot of Worldcoin’s focus is future-focused — targeting problems that are hard for us to imagine today. Blania: I think there’s two pieces to that.

Persons: CNN Business ’, Sam Altman, it’ll, he’s, ChatGPT, Altman, ”, AGI, it’s, VCs, Andreesen Horowitz, Alex Blania, Joseph Nair, It’s, you’ve, Worldcoin, We’ve, there’s, There’s, You’ve Organizations: CNN Business, New York CNN, Netflix, Worldcoin’s, CNN, Bloomberg, Getty, SpaceX, Apple Locations: New York, Singapore, Asia, Japan, Spain, Hong Kong, Malaysia, United States

☆ Pope Francis, in Singapore, urges fair wages for migrant workers
▼ + stars: | 2024-09-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

SINGAPORE — Pope Francis on Thursday urged political leaders in Singapore, a leading global financial hub, to seek fair wages for the country’s million-plus lower-paid foreign workers. “These workers contribute a great deal to society and should be guaranteed a fair wage,” he said. Many of the migrant workers come from nearby countries such as Malaysia, China, Bangladesh and India. A Singapore NGO that provides services for migrant workers, Humanitarian Organisation for Migration Economics, welcomed the pope’s remarks, saying they were in “full agreement” with his call for fair wages. The Vatican said Francis’ Mass drew some 50,000 people to Singapore’s national sports stadium.

Persons: Pope Francis, ”, Francis, Francis ’, Tharman Shanmugaratnam, Lawrence Wong, Tiziana Fabi, Getty Images Francis, Singapore’s, John Paul II, Singapore, ” Francis, Taylor Swift, Connie Rodriguez, “, Cardinal Stephen Chow Sau Organizations: Singapore NGO, Organisation, Migration Economics, Tiziana, Getty Images, Getty, Catholic Locations: SINGAPORE, Singapore, Southeast Asia, Oceania, Malaysia, China, Bangladesh, India, Philippines, Papua New Guinea, AFP, Hong Kong, Indonesia, East Timor, Rome

☆ Pope Francis arrives in Singapore, last stop on 12-day Asia tour
▼ + stars: | 2024-09-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

SINGAPORE — Pope Francis arrived in Singapore on Wednesday from East Timor, on the final leg of an ambitious 12-day journey across Southeast Asia and Oceania. The pope will also hold private meetings with President Tharman Shanmugaratnam, Prime Minister Lawrence Wong, and former Prime Minister Lee Hsien Loong. Francis is only the second pope to visit Singapore, following a brief five-hour layover by the late John Paul II in 1986. On landing in Singapore, Francis was met by Edwin Tong, the Minister for Culture, Community and Youth, and received flowers from local schoolchildren. Francis’ 12-day tour has also included stops in Indonesia and Papua New Guinea.

Persons: Pope Francis, Tharman Shanmugaratnam, Lawrence Wong, Lee Hsien Loong, Francis, John Paul II, Edwin Tong, Francis ’ Organizations: Aero Dili, Culture ,, Youth Locations: SINGAPORE, Singapore, East Timor, Southeast Asia, Oceania, Dili, East Timor’s, Rome, Indonesia, Papua New Guinea

☆ A day in the life of an American startup founder in Singapore who juggles timezones, 8 employees, and WhatsApp chats with hundreds of customers
▼ + stars: | 2024-09-11 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

As a startup founder, no day is exactly the same. This is a relatively new part of her daily routine, and something she used to think was "impossible" to make time for as a startup founder. A typical day: Communicating with customers, paring down meetings, and saving admin for the eveningA chunk of Jiang's day consists of interacting with Peek customers via WhatsApp chat. In general, she says she has "way fewer meetings" as a startup founder than she did in the corporate world. Jiang and her partner, who is also a startup founder, also block out one night a week — Thursday — to set work aside and "just hang out," she said.

Persons: —, Sherry Jiang, Jiang, Peek, I'm, she's, they're, I've, Sherry Jiang Jiang Organizations: Service, Google, Business, Vally, Peek, Singapore, UC Berkeley, Amazon, LinkedIn Locations: Singapore, West Coast, Asia

☆ Investors are 'dramatically overestimating' an oil glut, Carlyle's Jeff Currie says
▼ + stars: | 2024-09-10 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

SINGAPORE — Global markets are severely overplaying an oil supply glut, said Jeff Currie, chief strategy officer of energy pathways at private equity giant Carlyle. China's crude oil imports in 2023 had notched a record high. China's oil demand has been declining on the back of a slump in industrial inputs, according the International Energy Agency. On the supply side, black oil production in the U.S., one of the world's top crude oil producers, has been "flat" this year, Currie said. Black oils include crude oil, fuel oil, furnace oil, asphalt and tar.

Persons: Currie, Jeff Currie, Carlyle, I've, Energean Organizations: Asia Pacific Petroleum Conference, SINGAPORE —, International Energy Agency, Reuters Locations: Stanton , Texas, Singapore, SINGAPORE, APPEC, U.S, Egypt, Italy, Croatia

☆ After 9 rejections, she landed her dream job as a Singapore Airlines flight attendant. Six years later, she quit to open a hawker stall.
▼ + stars: | 2024-09-10 | by ( Erin Liam | ) www.businessinsider.com time to read: +8 min

But the dream of becoming a flight attendant never went away, and she continued to apply after graduation. Tan applied to be a flight attendant on Singapore Airlines 10 times. Flying began to feel mundane, and she was uncertain about the job stability and career progression of being a flight attendant, she said. As a flight attendant, Tan got around a day off after working for two or three days a week. AdvertisementNo easy business to break intoThe hawker business is challenging to succeed in.

Persons: —, Cherry Tan, Tan, Duncan Hsu, Hsu, Erin Liam, KF, Hawker, " Tan, I'm, Tan doesn't, hawkers Organizations: Service, Singapore Airlines, Singapore Institute of Technology, Business, Urban, Factory, UNESCO, Intangible, Heritage, National Environment Locations: Singapore, Taiwan, Urban Hawker, New York City, hawker, India

☆ US and Chinese commanders hold rare talks to dial down risk of ‘miscalculation’
▼ + stars: | 2024-09-10 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —American and Chinese military commanders spoke in a long-anticipated call Tuesday as the two powers seek to manage their intensifying rivalry in a contentious Asia-Pacific region – and repair lines of military communication severed more than two years ago. Analysts have long warned that a miscalculation in the South China Sea could quickly spiral into a damaging regional conflict between the world’s two largest economies and that a lack of communication could compound those risks. Tuesday’s call marks a rare point of contact between top military officials leading American troops in the Indo-Pacific and Chinese strategy in the Southern and Eastern theater respectively. It comes within a broader, gradual resumption of high-level military communication following a meeting between US President Joe Biden and Chinese leader Xi Jinping in November. Top US and Chinese generals spoke in December after more than a year of silence, and US and Chinese defense chiefs held rare talks on the sidelines of a defense gathering in Singapore in May.

Persons: Pacific Command Adm, Samuel Paparo, Wu Yanan, Army’s, Nancy Pelosi, Jake Sullivan, “ Paparo, ”, Washington’s, Joe Biden, Xi Jinping, Biden Organizations: Hong Kong CNN —, Pacific Command, PLA, Southern Theater Command, Communist Party, White House, Analysts Locations: Hong Kong, Asia, China, South, Taiwan, Beijing, South China, Philippine, Philippines, Washington, Russia, Southern, Eastern, Singapore

Search resuls for: "In Singapore"

25 mentions found