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The Business Times - Find latest business & financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific & global market news and more at The Business Times. Find latest business & financial news including analysis and opinion on top business stories, stock markets in
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Anthropic CEO urges slower AI development as Altman, Musk rally behind call
13+ hour, 37+ min ago (1210+ words) Unclear how far the leading AI companies will go in imposing new limits or safety checks LEADERS of the world’s biggest artificial intelligence platforms said it is time to slow the development pace of their most advanced – and most lucrative…...
Indonesian passenger ship sinks in bad weather; search for 140 people under way
11+ hour, 16+ min ago (247+ words) 103 others evacuated, one of whom have died [JAKARTA] Indonesian rescuers were searching on Sunday (Sep 13) for 140 people from a passenger ship that sank in the Java Sea after 103 others were evacuated, one of whom died, a search and rescue agency…...
Gutted and remodelled, Trump’s childhood home sells for nearly US$2 million
5+ hour, 44+ min ago (611+ words) The buyer has not been publicly disclosed; listings for the property have not shied away from its association with the US president [NEW YORK] A Tudor-style home in Jamaica Estates, Queens, doesn’t stand out among rows of others with warm…...
‘Woman Unknown’ takes top prize at Venice Film Festival
6+ hour, 51+ min ago (420+ words) The Danish period drama is one of only two films in the competition directed by a woman [VENICE] Woman Unknown, a Danish film directed by May el-Toukhy, won the Golden Lion for best film at the 83rd Venice International Film Festival…...
Iran, UAE back Brics call for ‘maximum restraint’ despite being divided by Middle East war
11+ hour, 58+ min ago (627+ words) China’s Xi urges Brics to take on peacemaking role [NEW DELHI] Iran and the United Arab Emirates signed up to a joint statement from the Brics group of nations that called for restraint in the Middle East war on Saturday…...
Oil supply fears mount after reported Hormuz ship attack and closure of vital Saudi pipeline
8+ hour, 15+ min ago (910+ words) Saudis reported to ask Trump for military help to combat Houthi advance [ADEN/DUBAI] Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday (Sep 13), adding to concerns about Iran-related threats to…...
Modi, Xi push business links and border peace on Brics sidelines as India-China ties revive
11+ hour, 39+ min ago (416+ words) Relations recovering after 2020 border clash [NEW DELHI] India and China’s leaders pledged on Saturday (Sep 12) to build up business and transport links, New Delhi said, as both rebuild ties badly damaged by a 2020 military clash on their disputed Himalayan border....
Micron’s Taiwan workers to get rewards worth up to 68 months of pay
2+ day, 7+ hour ago (412+ words) The company employs about 15,000 people in Taiwan [TAIPEI] Micron Technology said on Friday (Sep 11) its direct labour employees in Taiwan would receive bonuses equaling 35 to 68 months of pay for fiscal 2026, with minimum cash compensation of NT$1.7 million (US$53,809.39), after the…...
Hormuz shipping traffic falls to single digits, data shows
2+ day, 9+ hour ago (308+ words) This is well below the 10-day average of 15 [SINGAPORE] Vessel transits at the Strait of Hormuz fell to seven on Thursday (Sep 10) from 11 the previous day, preliminary shiptracking data showed on Friday, well below the 10-day average of 15. Of the…...
‘Gambling with our lives’: OpenAI open to slowing cutting-edge AI, CEO Sam Altman tells staff
2+ day, 12+ hour ago (492+ words) This comes as staff of leading AI firms voice public concerns about the technology’s risks [SAN FRANCISCO] OpenAI is considering slowing down the development of cutting-edge artificial intelligence, and the ChatGPT maker’s chief executive officer Sam Altman is hoping that…...