Culture
Europe: Stoxx 600 ends higher after ECB’s expected ‘hold’ verdict, defence stock boost
EUROPEAN shares finished higher on Thursday as a rally in defence stocks helped lift the main index, with investors taking in a widely…
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Culture
Culture
Microsoft to put more computing power behind in-house AI models
The world’s largest software maker has mostly relied on large language models from the ChatGPT maker to power its products Microsoft plans…
Culture
US: Major indexes notch fresh records on rate cut hopes
Wall Street’s major indexes hit fresh records on Thursday as US inflation and jobless claims data added to conviction that the Federal…
Culture
IReit Global’s German subsidiaries served with payment order by former tenant
The dispute stems from a dilapidation cost agreement made with the former main tenant of its Berlin Campus Subsidiaries of IReit Global…
Culture
Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6
Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30 Frasers Hospitality Trust (FHT) has…
Culture
Apple analyst sentiment hits five-year low after two downgrades
Apple was hit with a pair of downgrades on Thursday (Sep 11), in the latest sign of caution towards the iPhone maker, which has sharply…
Culture
US: Wall St opens higher after inflation data keeps rate cut bets firm
Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on…
Culture
ECB holds rates unchanged, offers no clues about next move
The ECB halved its key rate to 2% in the year to June but has been on hold ever since The European Central Bank left interest rates…
Culture
Low Keng Huat sinks into the red with S$10.2 million net loss in H1
The property developer’s half-year revenue tumbles 85% to S$38.7 million, from S$257.9 million the previous year Property developer Low…
Culture
Oracle retreats after record run towards US$1 trillion club on AI cloud boom
Oracle shares retreated on Thursday (Sep 11) after a record AI-driven surge in the previous session that put the company closer to the…
Culture
TalkMed to delist from SGX on Sep 15
Healthcare provider TalkMed announced on Thursday (Sep 11) that it will be delisted from the Singapore Exchange from 9 am on Sep 15. This…
Culture
Singapore stocks end higher amid mixed regional trading; STI up 0.2%
On the STI, UOL is the top gainer, up 3.9%; Thai Beverage is the biggest decliner, shedding 1.1% Local stocks tracked overnight gains on…
Culture
Chinese carmakers may keep price advantage despite Mexico levies
Mexico’s plan to levy tariffs of up to 50 per cent on vehicles from China may not unduly impact the Asian nation’s auto manufacturers…
Culture
Carlyle, EQT, HongShan among final bidders for Starbucks China: sources
Global investment firms Carlyle Group and EQT, alongside regional players HongShan Capital Group and Boyu Capital, are preparing final…
Culture
Saudi oil giant Aramco raises US$3 billion from Islamic bonds
Saudi Aramco, the world’s biggest oil company, raised US$3 billion from a sale of Islamic bonds, a term sheet showed on Thursday (Sep 11),…
Culture
South Korea scraps plan to expand tax on stock investments
South Korean President Lee Jae-myung said on Thursday (Sep 11) he would not pursue plan to revise a capital gains tax on stock…
Culture
Centurion soars 7.4% on the back of IPO for Centurion Accommodation Reit
Shares of Centurion soared nearly 7.4 per cent on Thursday afternoon (Sep 11) shortly after it gave details on the proposed listing of its…
Culture
Latest Singapore six-month T-bill cut-off yield falls to 1.38%
Auction receives a total of S$15.7 billion in applications for the S$7.8 billion on offer, representing a bid-to-cover ratio of 2.02 The…
Culture
Veteran banker sees Malaysia’s BNM keeping rates unchanged
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting…
Culture
Veteran banker sees Bank Negara keeping rates unchanged
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting…
Culture
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2024/25 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor The Inland Revenue Authority of Singapore (Iras)…
Culture
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor The Inland Revenue Authority of Singapore (Iras)…
Culture
Centurion Accommodation Reit to offer 262 million units at S$0.88 apiece in mainboard listing
Spinoff from Centurion Corp intends to raise gross proceeds of approximately S$1.5 billion Mainboard-listed Centurion Corp is spinning off…
Culture
Australia’s multi-billion dollar energy link to Asia will focus on local data centres for now
The development is one of the most ambitious global efforts to supply power-hungry Asian economies that lack the land to generate enough…