• Morgan Stanley sees US$5.5 trillion Asia energy investment boom driven by AI, energy security

    The bank projects up to US$9 trillion in investment opportunities; coal and natural gas could make a comeback[SINGAPORE] Asia is on the cusp of a US$5.5 trillion energy investment supercycle over the next five years, as companies and governments ramp up spending to bolster energy security and meet artificial intelligence-driven energy needs, according to Morgan Stanley.The bank estimates that the capital injection could reduce Asia’s energy imports from 36 per cent of total consumption to 29 per cent by 2030.More broadly, the surge in spending could unlock up to US$9 trillion in investment opportunities across the energy value chain. This…

Business

  • What Therapists Know About the Problems We Keep Debating

    Much of modern society is organized around responding to symptoms. We debate addiction, loneliness, anxiety, depression, family instability, political polarization, youth mental health, workplace burnout, and declining social trust as though they are separate crises requiring separate solutions. Each generates its own headlines, research, policy discussions, advocacy groups, and public…

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

  • Chances Of Fed Rate Hike Increase After Blockbuster Jobs Report

    May’s positive jobs report could increase the chances of an interest rate hike this year by the Federal Reserve, according to market observers. CME’s FedWatch increased chances of a rate hike by the end of December at almost 70%, compared to 52% before the latest figures. The market still expects…

World

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

Politics

Sports

Travel

News