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The Business Times
businesstimes. com. sg > companies-markets > crypto-hack-worth-us290-million-triggers-defi-contagion-shock

Crypto hack worth US$290 million triggers De Fi contagion shock

8+ hour, 35+ min ago  (434+ words) The attacker siphoned about 116, 500 rs ETH " a token issued by Kelp DAO that represents "restaked" Ether " by targeting a bridge built using Layer Zero, a system that allows different blockchains to communicate. The total losses are estimated at roughly US…...

The Business Times
businesstimes. com. sg > companies-markets > telcos-media-tech > lumen-ceo-says-ai-bots-are-taking-over-internet

Lumen CEO says AI bots are taking over the Internet

4+ day, 19+ hour ago  (430+ words) The company handles 65 per cent of global Internet traffic OVER half of the planet's Internet traffic is now made up of AI bots, according to Kate Johnson, chief executive officer of enterprise network giant Lumen Technologies, forcing executives across sectors…...

The Business Times
businesstimes. com. sg > companies-markets > eqt-warns-exit-risks-alternative-energy-assets-held-private-equity

EQT warns of exit risks for alternative energy assets held by private equity

2+ hour, 26+ min ago  (910+ words) With the Gulf war dragging on, investment banks have predicted that demand for clean-energy assets will soar EQT, Europe's biggest private-equity (PE) firm, said that the path to exiting investments in clean-energy developers and operators faces a growing number of…...

The Business Times
businesstimes. com. sg > international > war-revives-stagflation-dangers-global-economy

Iran war revives stagflation dangers for global economy

2+ hour, 37+ min ago  (679+ words) For all the gloom, multiple policymakers remain cautious about how to respond THE cumulative global impact of seven weeks of war in the Middle East will begin to emerge in the coming week, in a second round of business surveys…...

The Business Times
businesstimes. com. sg > international > asean > indonesia-eyes-russian-crude-middle-east-tensions-deepen-import-gap-subsidy-strain

Indonesia eyes Russian crude as Middle East tensions deepen import gap, subsidy strain

4+ day, 14+ hour ago  (152+ words) The move comes as countries scramble to secure energy supplies while the conflict drags on [JAKARTA] Indonesia is weighing crude imports from Russia as it seeks cheaper barrels, a more diversified supply and relief for its subsidy-heavy energy system amid…...

The Business Times
businesstimes. com. sg > companies-markets > energy-commodities > oil-prices-rise-doubts-us-iran-peace-talks-will-ease-hormuz-disruption

Oil'prices rise on doubts US-Iran peace talks will ease Hormuz disruption

2+ day, 13+ hour ago  (469+ words) Oil'markets also did not react to Trump's announcement of a 10-day ceasefire between Israel and Lebanon Brent crude futures climbed US$4. 46, or 4. 7 per cent, to settle at US$99. 39 a barrel. US West Texas Intermediate crude futures gained US$3. 40, or 3. 7 per…...

The Business Times
businesstimes. com. sg > companies-markets > energy-commodities > ample-crude-supply-buffers-us-cargoes-price-shock-europe-asia-prices-surge

Ample crude supply buffers US cargoes from price shock as Europe, Asia prices surge

2+ day, 12+ hour ago  (598+ words) [HOUSTON/LONDON] US crude cargo prices have retreated from recent price spikes while prices in Europe and Asia continued to hit record highs almost seven weeks into the Iran war, as releases from the US Strategic Petroleum Reserve and Venezuelan…...

The Business Times
businesstimes. com. sg > international > asean > asia-relying-us-crude-replace-middle-east-supply

Asia relying on US crude to replace Middle East supply

2+ day, 18+ hour ago  (612+ words) The war in Iran and near closing of the Strait of Hormuz has choked off crude flows to Asia [SINGAPORE] Asian refiners have grown increasingly reliant on US crude as oil-starved fuel makers scour the globe to replace Middle Eastern…...

The Business Times
businesstimes. com. sg > companies-markets > defensive-s-reits-emerge-analysts-top-picks-amid-macro-jitters

Defensive S-Reits emerge as analysts" top picks amid macro jitters

4+ day, 19+ hour ago  (719+ words) Slower global growth, heightened inflation risks and asset value depreciation for China properties may persist [SINGAPORE] Analysts recommend defensive Singapore real estate investment trusts (S-Reits) as the sector enters the upcoming first quarter results season under a cloud of renewed…...

The Business Times
businesstimes. com. sg > companies-markets > transport-logistics > greek-indian-tankers-u-turn-hormuz-amid-reopening-doubt

Greek, Indian tankers U-turn before Hormuz amid reopening doubt

1+ day, 3+ min ago  (587+ words) [SINGAPORE] Several oil tankers have u-turned in the Persian Gulf after appearing to try to transit the Strait of Hormuz, as shipowners and oil traders remain in a state of disarray as they try to figure out whether Iran would…...