Culture

Asia: Markets up on hopes over shutdown deal, rate cut
EQUITIES rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive Federal Reserve interest rate...
ST journalist wins Financial Story of the Year award
Angela Tan recognised for scoop on Kwek family feud; Lianhe Zaobao, CNA938, The Edge Singapore also bag awards [SINGAPORE] Senior business correspondent Angela Tan has bagged the Financial Story...
Gold gains for fourth day on softer dollar, Fed rate-cut optimism
GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US government and flow of economic data will...
Bitcoin traders are still rattled after US$340 billion wipeout
BITCOIN is struggling to stage a meaningful recovery after last month’s stumble, with signs of fatigue continuing to mount across crypto markets.The token briefly topped US$107,000 on Monday before...
Google rolls out Apple-like message summaries for Pixel phones
ALPHABET’S Google is adding new artificial intelligence features to its Pixel devices, including iPhone-like message summaries and notification prioritisation.The new features, rolling out Tuesday, are powered by on-device AI....
Google unveils 5.5 billion-euro investment in Germany
GOOGLE unveiled its biggest-ever investment in Germany on Tuesday, pledging 5.5 billion euros (S$8.3 billion) for a new data centre and other projects, as Europe seeks to catch up...
SoftBank’s US$5.8 billion Nvidia stake sale stirs fresh AI bubble fears
The Japanese tech investor needs the proceeds for initiatives including the US$500 billion Stargate project to expand US data-centre capacity[NEW YORK] SoftBank Group’s US$5.8 billion sale of its Nvidia...
BHG Retail Reit logs 94.2% committed occupancy rate in Q3, eyes acquisitions
The Reit’s manager is upbeat about economic conditions in China, even though its recovery “may take time”[SINGAPORE] China-focused BHG Retail Real Estate Investment Trust (Reit) recorded a committed occupancy...
US: S&P 500, Nasdaq slip as tech valuation jitters resurface; federal reopening eyed
[NEW YORK] The S&P 500 and the Nasdaq opened lower on Tuesday (Nov 11) with concerns around elevated technology valuations resurfacing, while markets monitored progress towards the end of...
Wilmar unit to acquire 13% of Mumbai-listed joint venture with Adani
The 46.5 billion rupee purchase will be funded by internal sources and bank borrowings[SINGAPORE] A unit of agri-specialist Wilmar International will acquire 13 per cent of the shares held...
SingPost to divest 14 HDB units for S$55.5 million
The postal service provider says the properties are ‘non-core’ to its principal business[SINGAPORE] Singapore Post (SingPost) on Tuesday (Nov 11) announced that it will divest 14 HDB units across...
Microsoft to invest US$10 billion in Portugal AI data hub
The company is building the hub with Start Campus, a Portuguese developer, and British startup Nscale[LISBON] Microsoft will spend US$10 billion on an artificial intelligence (AI) data centre along...