Culture
Meta seeks US$29 billion from private capital firms for AI data centres, FT reports
[BENGALURU] Meta Platforms is seeking to raise US$29 billion from private capital firms to build artificial intelligence (AI) data centres in the US, the Financial Times reported on Friday...
GuocoLand’s Dora Chng on condo buyer preferences.
[SINGAPORE] As customers’ needs evolve, having a flexible layout can be a big draw for discerning condo buyers here, according to Dora Chng, residential director of GuocoLand.A flexible layout...
Oil steadies after report of planned Opec+ August output hike
[HOUSTON] Oil prices edged up slightly on Friday (Jun 27), recovering from a midday drop into negative territory following a report that Opec+ was planning to hike production in...
Wealthy Silicon Valley investors in line for US$17 billion windfall in US senate Republican tax Bill
[NEW YORK] Silicon Valley’s favourite tax break may be getting an upgrade.
Venture capitalists, along with successful tech founders and early startup employees, already pay no taxes on billions of...
Europe: Stocks rise as US-China trade tensions ease; auto stocks jump
[BENGALURU] European stocks closed at an over one-week high on Friday (Jun 27), fuelled by a rally in automakers, as investors took more risks on hopes for a truce...
US: S&P 500, Nasdaq hit record closing highs amid trade negotiations, rate cut bets
[NEW YORK] Wall Street extended its rally on Friday (Jun 27), sending S&P 500 and Nasdaq to all-time closing highs as trade deal hopes fuelled investor risk appetite and...
MAS fines 5 payment firms S$960,000 for anti-money laundering lapses
[SINGAPORE] The Monetary Authority of Singapore (MAS) has fined five major payment institutions a total of S$960,000 for breaches of its anti-money laundering and countering the financing of terrorism...
OCBC trims 360 Account interest rates for the second time in 2025
[SINGAPORE] OCBC will cut interest rates for its 360 Account, in line with lower interest rate expectations. With effect from Aug 1, the maximum interest rate of the local...
US: S&P 500, Nasdaq touch record highs after tame inflation data
Published Fri, Jun 27, 2025 · 09:42 PM[NEW YORK] The S&P 500 and the Nasdaq opened at record highs on Friday (Jun 27) as a benign inflation report supported...
S-E Asia tech funding hits US$2 billion in H1 2025, yields unicorn in Sygnum: Tracxn
[SINGAPORE] Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said in a report released...
