Latest News

Asian markets rally after Wall Street highs
Asian markets rally after Wall Street highs
Economy
by  AFP

Asian markets rose Friday, supported by Wall Street and eurozone records, as traders shrugged off weak US retail sales and recession in Britain and Japan. Despite the recession woes and US retail sales dipping more than expected in January, Innes said "the regional and global interest rate environment remains supportive for risk markets".

ChatGPT's OpenAI reveals text-to-video tool
ChatGPT's OpenAI reveals text-to-video tool
Technology
by  AFP

OpenAI, the creator of ChatGPT and image generator DALL-E, said it was testing a text-to-video model called Sora that would allow users to create realistic videos with a simple prompt. The model could also take an existing still image and generate a video from it, the company said.

Rod Stewart banks $100 million for song catalog: report
Rod Stewart banks $100 million for song catalog: report
Technology
by  AFP

Rod Stewart, the singer whose hits include "Maggie May," is the latest artist to sell the rights to his music, The Wall Street Journal said Thursday. The paper said Irving Azoff's Iconic Artists Group acquired Stewart's interests in his recorded music and publishing catalog, as well as some rights to his name as likeness, for a tidy sum of nearly $100 million.