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Horizon Vision

Nvidia rival AMD to buy industry pioneer’s AI start-up World Labs for US$8.2 billion

Nvidia rival AMD to buy industry pioneer’s AI start-up World Labs for US$8.2 billion

AMD agreed to acquire AI start-up World Labs, founded by Fei-Fei Li, for US$8.2 billion in stock to strengthen its AI models and better compete with Nvidia.

Ukraine expects no Black Sea ceasefire in coming months

Ukraine expects no Black Sea ceasefire in coming months

Ukraine expects no Black Sea ceasefire soon due to Russian rejections, leaving vital grain exports severely constrained and risking millions of tons in stranded crops.

US, Iran separately talk with mediators in latest bid to end war

US, Iran separately talk with mediators in latest bid to end war

US and Iranian officials engaged in separate mediated talks to end the seven-month war, discussing a ceasefire proposal and reopening the Strait of Hormuz.

US finalises new lower fuel economy standards in boost for petrol-powered vehicles

US finalises new lower fuel economy standards in boost for petrol-powered vehicles

The US finalized lower vehicle fuel economy standards to boost petrol car sales, reducing initial purchase costs while increasing long-term fuel consumption and emissions.

Ukraine’s Zelensky says North Korea prepares to deploy another 10,000 troops to Russia

Ukraine’s Zelensky says North Korea prepares to deploy another 10,000 troops to Russia

Ukrainian President Zelensky said over 8,000 North Korean troops are in Russia, with another 10,000 preparing to deploy to aid Russia's war against Ukraine.

Wall St declines as oil prices, Treasury yields remain elevated

Wall Street indexes fell as elevated oil prices and rising Treasury yields fueled inflation concerns and heightened expectations of further Federal Reserve interest rate hikes.

US stocks fall as higher oil prices, Treasury yields weigh

US stocks fall as higher oil prices, Treasury yields weigh

US stocks fell as rising oil prices and Treasury yields fueled inflation worries and expectations of Federal Reserve interest rate hikes amid Iran tensions.

North Korea says US approval for South Korea’s nuclear submarine increases regional instability

North Korea says US approval for South Korea’s nuclear submarine increases regional instability

North Korea said US approval of South Korea's first nuclear-powered submarine is a dangerous move that fuels regional instability and nuclear proliferation.

Shopping spree: Why investors are after Singapore retail assets

Shopping spree: Why investors are after Singapore retail assets

Investors are buying Singapore retail assets amid tenant pressures, drawn by yields above borrowing costs, defensive income, scarcity value, and value-add potential, with up to S$8 billion in deals this year.

China’s Wang tells ex-Japan minister bilateral ties need to be normalised

China’s Wang tells ex-Japan minister bilateral ties need to be normalised

China's top diplomat Wang Yi urged Japan to correct its stance on Taiwan and normalize bilateral relations during a Beijing meeting with former Japanese foreign minister Takeshi Iwaya.

Iran supreme leader says US will be forced out of Middle East

Iran supreme leader says US will be forced out of Middle East

Iran's Supreme Leader Mojtaba Khamenei stated that the US will be forced out of the Middle East after suffering painful blows, amid ongoing conflict over the Strait of Hormuz.

Gold hits seven-week low as oil surge fuels rate hike bets

Gold hits seven-week low as oil surge fuels rate hike bets

Gold hit a seven-week low as rising oil prices fueled inflation concerns and bets on US interest rate hikes, alongside a stronger dollar and higher Treasury yields.