Culture
Major Canadian media sue OpenAI in case potentially worth billions
CANADA’S biggest news organisations on Friday (Nov 29) sued OpenAI, accusing it of using their articles without permission to help train…
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Culture
Culture
Simon Cheong’s AVJennings attracts S$326 million privatisation offer from US fund
SINGAPORE and Sydney dual-listed property player AVJennings (AVJ), which is controlled by real estate tycoon Simon Cheong, is set to be…
Culture
Dollar sees biggest weekly drop in a year as Trump trade stalls
THE US dollar is heading for the biggest weekly loss in a year, pulling back from the sharp run up fueled by speculation that Donald…
Culture
Gold braces for worst month in over a year on Trump-driven sell-off
GOLD prices gained on Friday (Nov 29), boosted by a drop in dollar and persistent geopolitical tensions, but bullion was still set for its…
Culture
Europe: Tech surge propels Stoxx 600 to near one-week high
EUROPE’S Stoxx 600 ended the week on a high note, bolstered by a rally in tech stocks, while investors analysed the euro zone inflation…
Culture
A vintage year for US stock markets that few people expected
A YEAR ago, equity investors and strategists braced for a potentially turbulent 2024, worrying about the risk of a hard landing for the US…
Culture
UK government to review the BBC’s long-term funding
BRITAIN plans to review long-term funding for the BBC, the national broadcaster, and find alternatives to the TV licence, as it seeks to…
Culture
Didi again records a profit while it prepares for Hong Kong IPO
DIDI Global posted its second straight quarterly profit, a boost for the Chinese ride-hailing leader as it contemplates a potential…
Culture
Hong Kong bourse’s deputy CEO Wilfred Yiu to retire
HONG Kong Exchanges and Clearing on Friday (Nov 29) said Yiu Ka Yan, Wilfred will retire from all his positions held within the group,…
Culture
Logistics provider GLP is considering a Hong Kong listing in 2025
Logistics company GLP is considering a Hong Kong listing that could happen as early as next year, eight years after the…
Culture
HSBC pulling back from China credit card business after struggling to expand: sources
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the…
Culture
China air cargo flights soar as Trump return, tariffs loom
THE race to secure goods from China before tariffs are imposed has taken off, with international cargo flights out of the Asian nation…
Culture
Air cargo flights out of China soar to new peaks ahead of Trump return, tariffs
THE race to secure goods from China before tariffs are imposed has taken off, with international cargo flights out of the Asian nation…
Culture
IHH Healthcare’s Mount Elizabeth renovation ahead of schedule, the bulk to be done by Q3 2025
PRIVATE healthcare provider IHH Healthcare expects its ongoing renovation of Mount Elizabeth Hospital along Orchard Road to be largely…
Culture
MUFG considers buyout of Japanese robo adviser WealthNavi
MITSUBISHI UFJ Financial Group (MUFG) is considering a bid to take over Japanese robo-advisory firm WealthNavi, as it looks to expand its…
Culture
MUFG offers to buy WealthNavi for 99.7b yen in fintech push
Japan’s biggest bank is seeking to purchase robo-adviser through a tender offer at 1,950 yen a share and make it a wholly owned unit…
Culture
RBA reforms raise uncertainties over rate path, economists say
Australia’s surprise late-night passage of legislation that will split the Reserve Bank of Australia’s (RBA) board into two entities may…
Culture
Macquarie seeks Japan, India fund bets as China appetite cools
MACQUARIE Group, one of the world’s biggest infrastructure investors, is looking to deploy more of its growing Asia cash pile in markets…
Culture
Stocks to watch: IHH Healthcare, Digital Core Reit
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 29): IHH Healthcare (IHH): The…
Culture
Car parts supplier company Valeo to cut around 1,000 jobs in Europe: sources
FRENCH car parts supplier Valeo will cut around 1,000 jobs in Europe, sources said, and the restructuring move will also result in Valeo…
Culture
SBS Transit and French transport operator RATP Dev win tender to operate Jurong Region Line
A JOINT venture between SBS Transit and French multimodal transport operator RATP Dev has won the tender to operate and maintain the…
Culture
SBS Transit and French transport operator RATP Dev win tender to run Jurong Region Line
A JOINT venture (JV) between SBS Transit and French multimodal transport operator RATP Dev has won the tender to operate and maintain the…
Culture
Indian banks review Adani exposure in wake of US bribery allegations
INDIAN banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday (Nov 28),…
Culture
UBS acquitted over Credit Suisse criminal money laundering case
CREDIT Suisse’s 2022 conviction for failing to prevent the money laundering of a cocaine dealer’s profits was overturned by a Swiss…