Culture
GovTech partners Google Cloud to trial agentic AI usage in public sector
[SINGAPORE] The Government Technology Agency (GovTech) will collaborate with Google Cloud on a sandbox to experiment with agentic artificial intelligence (AI) and test agentic solutions for public use cases,...
Deutsche Bank fined US$3 million by Hong Kong securities regulator
Published Thu, Aug 28, 2025 · 07:29 PM[HONG KONG] Deutsche Bank has been fined US$3.05 million over various breaches between 2015 and 2023, Hong Kong’s securities regulator said on...
Mainland Chinese traders sell record amount of Hong Kong stocks
Published Thu, Aug 28, 2025 · 07:13 PM[HONG KONG] Investors in mainland China sold a record HK$20.4 billion (S$4.1 billion) worth of Hong Kong-listed stocks on Thursday (Aug 28),...
Didi posts Q2 loss of US$350 million on lawsuit provision
Revenue rose 10.9%, partly fuelled by growth in overseas business.Published Thu, Aug 28, 2025 · 07:10 PM[BEIJING] Chinese ride-hailing giant Didi Global reported on Thursday (Aug 28) a second-quarter...
Aster Chemicals declares force majeure at Singapore naphtha cracker: sources
Published Thu, Aug 28, 2025 · 06:50 PM[SINGAPORE] Singapore’s Aster Chemicals and Energy has declared force majeure on petrochemical supplies from its naphtha cracker on Bukom island, according to...
Singapore stocks rise as T-bill yield hits 40-month low; STI up 0.2%
[SINGAPORE] The local bourse climbed higher on Thursday (Aug 28) after the latest six-month Treasury bill (T-bill) yield fell to its lowest level since April 2022, signalling a growing...
Trump’s pressure on Fed independence holds global risk, ECB’s Rehn says
[HELSINKI] President Donald Trump’s escalating attacks on the US Federal Reserve could have substantial and global knock-on effects on the financial markets and the real economy, ECB policymaker Olli...
Temasek shakes up leadership as it prepares for renewal
[SINGAPORE] Temasek Holdings will divide its operations into three entities, in one of the biggest overhauls in its 51-year history, as it prepares for a new generation of leaders....
Malaysia says China ready to provide assistance in rare earths processing
[KUALA LUMPUR] China is prepared to provide Malaysia technical and technological assistance in rare earths processing, though it has asked for any cooperation to involve only state-linked companies, Malaysia...
Buffett’s Berkshire lifts stakes in Japan trading houses, buoys shares
[TOKYO] Warren Buffett’s Berkshire Hathaway has raised its stakes in Mitsubishi and Mitsui & Co, according to the Japanese trading houses, prompting a jump in shares across the sector.
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