Culture
Airbus revises up 20-year jet demand forecast despite trade tensions
[PARIS] Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport industry was expected to ride out the current...
Asia: Shares stumble after Trump’s latest trade threat
[HONG KONG] Asian shares were rattled on Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks, reigniting trade war fears soon...
Grab prices and increases convertible notes offering to US$1.5 billion
The proceeds will be used for general corporate purchases, a concurrent repurchase of shares and possible acquisitions[SINGAPORE] Grab announced on Wednesday (Jun 11) that its five-year convertible note offering...
Apac data centre boom straining power grids; reliability key to site selection: report
[SINGAPORE] Surging demand in the Asia-Pacific for data centres and other energy-intensive sectors is starting to weigh on power systems across the region, affecting grid reliability and increasing costs....
China likely to ditch low-grade coal from Indonesia due to glut
CHINA is likely to cut imports of the lowest grades of coal as a glut of the fuel makes the trade uneconomic and the government tightens up on carbon...
Meta taps top researchers from Google, Sesame for new AI lab
META Platforms has poached top engineers from multiple tech firms, including Alphabet Inc.’s Google, for a new team focused on achieving a more advanced form of AI called artificial...
CapitaLand China Trust to divest retail property for 748 million yuan
[SINGAPORE] CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the divestment of CapitaMall Yuhuating, a mature retail...
Gold prices climb as Middle East tensions rise, US inflation eases
GOLD prices rose on Thursday, as rising Middle East tensions boosted demand for safe-haven assets, while softer-than-expected US inflation data raised expectations of potential interest rate cuts by the...
Stocks to watch: CapitaLand Investment, TalkMed, Aspen
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 12).CapitaLand Investment (CLI): The manager of CapitaLand China Trust (CLCT), a CLI...
Nvidia marks Paris tech fair with Europe AI push
[PARIS] Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into...
