Culture
India appoints Sanjay Malhotra as new central bank chief
INDIA named Sanjay Malhotra, a career bureaucrat, as the new governor of the nation’s central bank, ending weeks of speculations over who…
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Culture
Culture
The Malaysian ringgit was one of Asia’s best-performing currencies this year. Can it hold its strength?
A firmer ringgit will make some Singapore imports more expensive – but it is good for some parts of Malaysia’s stock market THE Malaysian…
Culture
China mulls moving Cinda stake to sovereign wealth fund in weeks
THE Chinese government plans to transfer ownership in one of the nation’s biggest bad-debt managers to a unit of its sovereign wealth fund…
Culture
Hai Leck founder offers to take company private at S$0.55 a share
The offer price represents a premium of 34.1% over the company’s last traded price on Dec 3 THE founder and chairman of Hai Leck, Cheng…
Culture
India's Adani Group to invest over US$88 billion in Rajasthan state
Indian conglomerate Adani Group will invest over US$88.53 billion in various sectors such as renewable energy and cement in the…
Culture
China regulators tell banks to expedite offshore company listings: sources
REGULATORS in mainland China and Hong Kong have told some of the world’s biggest investment banks to help speed up Chinese companies’…
Culture
ECB to cut rates again amid bleak eurozone outlook
THE European Central Bank (ECB) is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in…
Culture
Jack Ma pushes AI drive in rare speech since Ant crackdown
CHINESE billionaire Jack Ma rallied his troops during a speech at Ant Group’s 20th anniversary, making a rare appearance after a…
Culture
NTUC to raise staff retirement and re-employment ages from January 2025
THE National Trades Union Congress (NTUC) will raise the retirement and re-employment age ceilings for all its workers one-and-a-half…
Culture
BYD on track to top 2024 sales goal and outsell Ford, Honda
CHINA’S top electric vehicle maker BYD gained market share as the world’s largest auto market recorded its fastest-growing month in 2024,…
Culture
US clears export of advanced AI chips to UAE under Microsoft deal: Axios
THE US government has approved the export of advanced artificial intelligence (AI) chips to a Microsoft-operated facility in the United…
Culture
Bond traders see inflation data as key to cinching next rate cut
BOND traders are hoping to coast to the end of a volatile year – unless a surprise jump in inflation throws them another curve. Treasuries…
Culture
CVC in talks to take German software firm CompuGroup private
CVC Capital Partners is in advanced talks about a deal to take CompuGroup Medical SE & Co KGaA, a German software provider to the…
Culture
Temasek unveils S$10 billion private credit entity
SINGAPORE’S state investment company Temasek said on Friday (Dec 6) that it has established a wholly owned private credit entity with an…
Culture
Temasek initiates wholly owned private credit platform of about S$10 billion
It will be led by Nicolas Debetencourt, head of credit and hybrid solutions at Temasek SINGAPORE investment company Temasek announced on…
Culture
Broadcom unveils new tech to speed up custom chips amid rising generative AI demand
BROADCOM said on Thursday (Dec 5) that its custom chip unit, which makes artificial intelligence (AI) processors for cloud providers, has…
Culture
Amazon successfully tests using delivery drones in Italy
AMAZON said on Thursday (Dec 5) it had successfully completed an initial test of using delivery drones in Italy, the first European…
Culture
Barclays promotes 116 staffers across bank to managing directors
BARCLAYS promoted 116 employees across the bank to its managing director ranks. The investment bank took the largest share of the…
Culture
Gold heads for second weekly fall; spotlight on US payrolls data
GOLD prices held steady on Friday (Dec 6) but were headed for a second straight week of decline, while focus shifted to the US payrolls…
Culture
Digital Core Reit acquires additional 15.1% stake in Frankfurt data centre
DIGITAL Core Real Estate Investment Trust (Reit), through its subsidiary Digital CR Singapore 5, completed its acquisition of an…
Culture
Stocks to watch: Sembcorp Industries, Suntec Reit, Digital Core Reit, SingPost
THE following companies saw new developments that may affect trading of their securities on Friday (Dec 6): Sembcorp Industries: The…
Culture
ECB seeks to speed up approvals for significant risk transfers
THE European Central Bank (ECB) is seeking to accelerate its approval process for significant risk transfers (SRTs), according to sources…
Culture
Chevron slows Permian growth in latest hurdle to Trump oil plan
CHEVRON plans to slow production growth in the biggest US oil field next year in the most definitive sign yet that president-elect Donald…
Culture
Geopolitics: A critical agenda for the boardroom
THE recent US presidential elections have injected new uncertainty into the global geopolitical landscape, particularly in US relations…