Posts by Shopie More
When “Psychopathic” Traits Make Better Founders
Entrepreneurship rewards edge cases. That’s uncomfortable to admit, but it’s true. Some traits we label as “psychopathic” can fuel strong leadership when pointed in the right direction. My view is simple: the same wiring that can break companies can also build them—if it’s managed with clear ethics and hard guardrails. The Traits That Cut Both…
Read MoreGoogle Deepmind launches research lab in Singapore to better study S-E Asia’s cultural nuances
[SINGAPORE] Artificial intelligence (AI) pioneer Google Deepmind on Wednesday (Nov 19) launched its research lab in Singapore. The lab’s opening is part of the group’s efforts to expand into the Asia-Pacific region. It operates other research labs in India and Japan. Located at its Apac headquarters at Pasir Panjang, the research lab is Google Deepmind’s…
Read MoreGold steady as focus turns to Fed minutes, US jobs report
[BENGALURU] Gold prices were steady on Wednesday (Nov 19), as investors awaited minutes from the US Federal Reserve’s latest policy meeting and US jobs report that could shed more light on the central bank’s interest rate trajectory. Spot gold was flat at US$4,069.44 per ounce, as at 9.20 am. US gold futures for December delivery…
Read MoreGoogle launches Gemini 3, embeds AI model into search immediately
[SAN FRANCISCO] Alphabet’s Google on Tuesday (Nov 18) launched the latest version of its artificial intelligence model Gemini, emphasising that the new capabilities will be immediately available in several profit-generating products like its search engine. Gemini 3, arriving 11 months after the second generation of the model, appears on paper to keep Google at the…
Read MoreJ&J to buy Halda Therapeutics in US$3.05 billion cash deal
[NEW YORK] Johnson & Johnson has agreed to buy the cancer treatment biotech Halda Therapeutics for US$3.05 billion cash, part of a strategy to cope with eroding sales for its major psoriasis drug. Halda is testing a therapy for prostate cancer. The biotech is also testing drugs for breast, lung and multiple other tumour types,…
Read MoreAirAsia X plans new long-haul European routes
[ISTANBUL] Malaysian low-cost carrier AirAsia X, which recently launched flights to Istanbul, is planning to establish more long-haul routes to Europe sometime next year, its CEO Benyamin Ismail told Reuters on Monday (Nov 17). AirAsia X began flying direct to Istanbul from Kuala Lumpur on November 14. The route marked a return to Europe for…
Read MoreSIA Group passenger traffic up 5.3% in October
[SINGAPORE] Passenger traffic for Singapore Airlines (SIA) and Scoot rose 5.3 per cent year on year in October. The increase in the two airlines’ traffic outpaced a 3.7 per cent rise in passenger capacity, SIA Group said in its latest operating update, released on Monday (Nov 17). Revenue passenger kilometres, which measure the demand for…
Read MoreChandra Asri gets US$750 million from KKR to buy ExxonMobil’s Singapore petrol stations
[BENGALURU] Indonesia’s Chandra Asri Pacific said on Monday (Nov 17) that it has secured a bespoke US$750 million financing package from investment firm KKR to support its purchase of ExxonMobil’s Esso-branded retail petrol station network in Singapore. In late October, the Indonesian conglomerate said that it planned to retain the Esso branding, continue sourcing fuel…
Read MoreGold firms as investors focus on US data for more Fed cues
Traders are currently pricing in a 46% probability of a quarter-point Fed rate cut next month, down from 50% last week [BENGALURU] Gold prices inched higher on Monday (Nov 17) as investors waited for a series of US economic data this week that could shed more light on the Federal Reserve’s interest rate path. Spot…
Read MoreDel Monte Pacific Q2 net profit jumps seven times to US$16.8 million
[SINGAPORE] Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million from US$2.3 million in the year-ago period. This marked an increase of around 630.4 per cent. The improvements reflected strong operational efficiency and market demand, the canned food brand said in…
Read MoreAirbus says Middle East regional aircraft to more than double by 2044
[DUBAI] Airbus expects the Middle East’s regional aircraft fleet to more than double to 3,700 planes by 2044, an official said on Sunday (Nov 16). The European planemaker expects passenger traffic in the Middle East to grow at a compound annual rate of 4.4 per cent over the next two decades, Airbus Head of Marketing…
Read MoreBoeing says partnership for T-7 trainer export bid imminent
[DUBAI] Boeing is close to announcing a partnership to bid for an international sales opportunity for its T-7 trainer, company executives said on Sunday (Nov 16), highlighting fast-growing demand for lightweight military training jets. Reuters reported in July that Boeing and Sweden’s Saab were in talks with Britain’s BAE Systems on teaming up on a…
Read More