SINGAPORE — Compared to startups, Southeast Asia’s venture capital firms could see a bigger impact from the collapse of Silicon Valley Bank because finding a replacement for the U.S.-based bank in the region will be challenging. “I think from a VC firm’s perspective, you will see a bigger impact here,” said David Gowdey, managing partner
More than 100 tech firms’ CEOs have told Chancellor Jeremy Hunt they believe the collapse of Silicon Valley Bank would bring harm to the UK’s tech sector. PM Rishi Sunak, who is flying to the US for an official visit, has echoed comments by Chancellor Jeremy Hunt that the Treasury is “working at pace” to
Erica Herman, who was a longtime girlfriend of golfer Tiger Woods, has filed two separate complaints after the six-year relationship between the pair came to an end. Both filings were made to the circuit court in Martin County, Florida. The first suit, filed in October 2022, alleges a trust owned by Woods violated the Florida
Labour has said it will oppose plans to abolish the lifetime pensions allowance, calling it a “tax cut for the rich”. Shadow chancellor Rachel Reeves said the party will force a vote on the policy next week, predicting it could “unravel as quickly as it began”. Ms Reeves compared it to Liz Truss’s doomed attempt
The US says the drone which crashed into the Black Sea after encountering two Russian fighter jets will not provide intelligence of any value should Moscow attempt to recover its wreckage. Russian officials have said they will seek to find whatever is left of the MQ-9 Reaper, which was downed on Tuesday. Sergei Naryshkin, head
Teenage workers on Jeremy Clarkson’s farm are allegedly having to “wear body cameras” after locals directed “abuse” at them. It comes as the television presenter battles to get his expansion plans for Diddly Squat Farm approved after they were turned down last May by the council. West Oxfordshire District Council (WODC) and some villagers are
The chancellor stuck to his path. No big bangs, this was a budget all about trying to prepare the groundwork for possible tax cuts in the autumn statement and the pre-election showstopper next year. Jeremy Hunt’s message was that after the mess of the past six months, the Conservative Party was back to sound management
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Facebook Chief Executive Officer and founder, Mark Zuckerberg, leaving the Merrion Hotel in Dublin after meeting with Irish politicians to discuss regulation of social media, transparrency in political advertising and the safety of young people and vulnerable adults. On Tuesday, April 2, 2019, in Dublin,
After months of waiting, Tesla Full Self-Driving Beta v11 is going to a wide release this weekend, if you believe Elon Musk. Tesla FSD Beta v11 is both an exciting and scary step as it is supposed to merge Tesla’s FSD and Autopilot highway stacks. FSD Beta enables Tesla vehicles to drive autonomously to a
Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance | Picture Alliance | Getty Images The International Energy Agency on Wednesday said Russia’s oil export revenues fell sharply in February, prompted by bans and price
A mural that appeared on the side of a derelict building in Kent has been confirmed as a Banksy – but it appears it has already been torn down during demolition work. The anonymous artist shared photographs on the official Banksy Instagram account, with two images showing a silhouette of a boy accompanied by a
Jeremy Hunt has abolished the lifetime tax-free pensions allowance and introduced free childcare for youngsters under three in a budget aimed at getting people back to work. The chancellor announced his plans on Wednesday to get older people back in work and to help parents, mainly women, who cannot afford to go back to work
The Pentagon has accused Russian pilots of acting in an “uncommon, unfortunate and unsafe” way after officials said a Russia fighter jet had collided with an American Reaper drone. The incident happened over the Black Sea to the south of Ukraine in international airspace. Pentagon press secretary Pat Ryder said the drone’s operators were forced
Michigan Governor Gretchen Whitmer talks about living under the threats she and her family have faced since 2020 after then President Donald Trump targeted her.. Watch Chris Wallace’s interview with Governor Gretchen Whitmer on HBO Max. #WhosTalkingToChrisWallace #chriswallace #CNN
The FTSE 100 and other major European stock markets have taken a beating as concern over the health of US banks crosses the Atlantic. London’s blue chip index lost £75bn in combined market value by the close after suffering its deepest fall, on a points basis, since the early days of the COVID crisis. Sentiment
Jeremy Hunt said the British economy is “proving the doubters wrong” and will avoid recession, as he delivered his first full budget speech to Parliament. The chancellor said the government’s plan for the economy was “working” as he announced what he called a “budget for growth”. He said forecasts from the Office for Budget Responsibility
The chancellor has announced the budget for 2023. The UK will now not enter a technical recession this year, the independent forecasters, the Office for Budget Responsibility (OBR) has said. Inflation will more than halve and reduce to 2.9% by the end of the year, the OBR expects. Budget live:The announcements as they happen Here
A Russian aircraft has been intercepted by British RAF and German fighter jets after it was identified near NATO airspace. Two Typhoon jets – one British and one German – reacted to the Russian aircraft after it failed to communicate with Estonian air traffic control close to the NATO nation’s airspace. The Ministry of Defence
Weeks after teasing the public with a peek at its shadowy exterior, Kia has finally shared its first official images of its upcoming EV9 SUV both inside and out. Described with an “opposites united” design philosophy, this all-electric SUV looks like it will offer plenty of space inside and atop Hyundai Motor Group’s E-GMP platform
Wall Street mounted a relief rally Tuesday, following three straight sessions dominated by the woes of now-collapsed Silicon Valley Bank. Confronted with the ensuing spike in market volatility, we sought to be discerning with our Club portfolio and, eventually, opportunistic in stocks that we felt unreasonably sank. The S & P 500 climbed roughly 1%