Ravi Menon, managing director of Monetary Authority of Singapore, speaks during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 16, 2023. The festival runs through Nov. 17. Lionel Ng | Bloomberg | Getty Images SINGAPORE — Come 2024, Singapore will pilot the live issuance and use of wholesale central bank digital currencies, said Ravi
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Benjamin Netanyahu has said Israel is doing all it can to minimise civilian casualties in Gaza but had “not been successful”. The Israeli prime minister was speaking to CBS when he made the comments regarding the thousands of reported deaths since his forces began their operation against Hamas. Mr Netanyahu laid the blame for the
Concept EV3 Kia introduced its EV3 small SUV and EV4 sedan concepts, which are expected to become the next additions to the company’s EV lineup, to the US at the LA Auto Show today. We already saw the EV3 and EV4 last month when images leaked in advance of Kia’s EV Day in Korea. Then
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Tesla, SpaceX, and X Corp. leader Elon Musk issued
Rwanda’s government has attacked what it called a “disappointing” verdict from the UK’s top court which ruled a scheme to deport asylum seekers to the African country was unlawful. The UK government suffered a major setback over its Rwanda scheme when the plan was dismissed by the Supreme Court on Wednesday. But a spokesperson for
Five officers and three former officers are being investigated over their handling of the police probe into murders by serial killer Stephen Port. The officers are being investigated for gross misconduct, the Independent Office for Police Conduct (IOPC) said. In April a report from His Majesty’s Inspectorate of Constabulary and Fire and Rescue Services (HMICFRS)
Chinese president Xi Jinping has signalled that China will be sending new pandas to the United States. Mr Xi made the offer on a visit to California where he was taking part in the Asia-Pacific Economic Cooperative (APEC) conference. Although he did not share much detail about the pandas, it was suggested that the next
Nearly 18-months after the initial announcement of a new “N” performance line of EVs beginning with the IONIQ 5, Hyundai has brought its souped up model stateside to kickoff 2023’s AutoMobility LA event in California. Here’s the latest. Hyundai Motor Group’s N and N Line performance sub-brands were a mere seven years old when the Korean automaker
Hotel Chocolat has agreed to a £534m takeover offer from Mars, the maker of goods from Snickers bars to Pedigree dog food. The UK specialist chocolatier retailer said the offer represented a 170% premium to its London share price of 139p and the deal would allow its brand to expand internationally This breaking news story
Direct lines of communication between American and Chinese military forces are to be reopened for the first time in more than a year, Joe Biden has announced. Speaking after a meeting with China’s premier Xi Jinping in California, the US president said the restoration of military-to-military communications would help to prevent accidents which could spiral
Millions of women in England will soon be able to access free contraceptive pills by going to their local chemist without having to see a GP. The new NHS plans start next month, and they will give women greater choice over where to get the pill and will free up appointments in under pressure
Michigan will become the 12th state to pass landmark legislation that sets a 100% clean electricity deadline for utilities. The legislation passed by the Michigan House and Senate, which will imminently be signed by Governor Gretchen Whitmer (D-MI), is known as the Clean Energy Future Plan. It will require Michigan utilities to source 15% of
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaking with CNBC on Nov. 15th, 2023. CNBC Microsoft is not focused on China as a domestic market, though the company has notable Chinese customers with operations outside the world’s second most-populous country, CEO Satya Nadella said on Wednesday. “We are
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT A custom-built rack for the Maia 100 AI Accelerator and its “sidekick” inside a thermal chamber at a Microsoft lab in Redmond, Washington. The sidekick acts like a car radiator, cycling liquid to and from the rack to cool the chips as they handle the
Grindavik is now a ghost town. It has all the familiar places – shops, cafes, schools and apartment blocks. But they are all empty, abandoned in the rush to flee an earthquake swarm over the weekend. We were taken into the town under police escort, passing through several checkpoints. Follow live: 800 new earthquakes raise
Manchester United has confirmed its chief executive of two years, Richard Arnold, “has decided to step down” as part of a “management transition”. The development was revealed shortly after Sky News reported that Mr Arnold would be replaced by the club’s general counsel, Patrick Stewart, on an interim basis. The change is taking place as
The government’s Rwanda plan, devised to tackle illegal migration, has been dismissed by the Supreme Court, ending over 18 months of legal battles in the UK. Lord Reed announced the “unanimous” judgment from the court’s justices on Wednesday, saying those sent to the country would be at “real risk” of being returned home, whether their
The first three-row Kia electric SUV is expected to hit dealerships in the next month or so. The all-new Kia EV9 already has its first lease deal, and it may be better than you expected. Kia introduces 2024 EV9 lease deals Kia’s new 2024 EV9 electric SUV can be leased for as low as $599
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images SINGAPORE — Central bank digital currencies have the potential to replace cash, but adoption could take time, said Kristalina Georgieva, managing director of the International
There has been a sharp decline in the rate of inflation to 4.6%, driven by a big easing in energy costs. The Office for National Statistics (ONS) said the annual rate slowed last month, from the 6.7% figure reported in September, mainly due to the lower energy price cap imposed on households at the start