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Singapore shares rise at Tuesday’s open; STI up 0.2%
SINGAPORE shares started trading in positive territory on Tuesday (Dec 24) morning, mirroring overnight gains in global markets. As at 9.01 am, the Straits Times Index (STI) opened 0.2...
Thai billionaire Charoen to retire as F&N chairman in 2025; Koh Poh Tiong to step up
Fraser and Neave (F&N) announced on Tuesday (Dec 24) that its board chairman Charoen Sirivadhanabhakdi will retire from office on Jan 16, 2025, at the conclusion of its 126th Annual...
Seatrium wins contract for deepwater new-build production unit
SEATRIUM has secured a contract to perform engineering, procurement, construction and onshore commissioning work for a deepwater new-build production unit under BP Exploration & Production, a subsidiary of multinational...
Telegram profitable for first time after app pays down debts
SOCIAL media app Telegram is profitable for the first time after paying down “a meaningful share” of some US$2 billion in debt, chief executive officer Pavel Durov said on...
Singapore pulls ahead of Hong Kong in race to be crypto hub
SINGAPORE forged ahead with efforts to formulate a digital assets hub in 2024, while rival financial centre Hong Kong has struggled to gain traction.Singapore doled out 13 crypto licenses...
US Fed floats major changes to bank stress tests in light of legal rulings
THE US Federal Reserve said on Monday (Dec 23) it was considering major changes to its annual bank “stress tests” in light of recent legal developments, including allowing lenders...
Europe: Stoxx 600 inches up as Novo Nordisk surges at start of Christmas week
EUROPE’S Stoxx 600 closed slightly higher at the start of a holiday-shortened week, as a spike in Novo Nordisk shares boosted the healthcare sector and capped losses on the...
Who’s pulling ahead in South-east Asia’s data centre race?
THE start of the artificial intelligence (AI) boom has led to a global race among countries to build more data centres and ramp up their capacity.It’s no different in...
Luigi Mangione Pleads Not Guilty as Lawyer Blasts Mayor Eric Adams for ‘Political Spectacle with Staged Perp Walk’ in CEO Murder Case
Luigi Mangione, accused of killing UnitedHealthcare CEO Brian Thompson, appeared in a Manhattan court on Monday, December 23. He pleaded not guilty to eleven charges, including first-degree murder as...
Who Are Thomas Sanders and Anthony Battle? Biden Commutes Death Sentences of Child Killers and Rapists Along with 35 Others
In a groundbreaking decision, President Joe Biden commuted the death sentences of 37 federal inmates just two days before Christmas, emphasizing his long-standing opposition to the federal death penalty....
Who Is Zara Dar? YouTuber Drops Out of PhD to Become OnlyFans Creator After Earning Over $1 Million on the Platform
Zara Dar, a YouTuber known for her advocacy in science and technology, has made a surprising career shift. The former PhD student recently left academia to become a full-time...
Sebastian Zapeta-Calil: Man Who Burnt Woman to Death in NYC Subway Is Guatemalan Migrant Who Crossed Into the US After He Was Deported
The Guatemalan migrant, accused of setting a subway rider on fire and watching as she burned to death, was earlier deported but later returned to the United States and...