Culture
Nomura CEO seeks to tap more private market bets from Japanese
Nomura Holdings’ chief executive officer sees more scope to get business from Japanese investors who are looking to private markets as a…
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Culture
Culture
Hyflux ex-company secretary testifies 2 lawyers involved in preference shares document
Officers from banks that had earlier considered providing project financing for the Tuaspring project have been lined up to take the stand…
Culture
Singtel partners Palo Alto to launch network against surge of quantum-computing threats
The hybrid network combines hardware and software methods to protect data against such risks Singtel on Thursday (Oct 23) announced the…
Culture
Asia: Crude spikes as Trump threatens Russian giants, stocks turn lower
Crude prices spiked more than two per cent on Thursday after Donald Trump said he would hit two Russian oil companies with hefty…
Culture
How Jenny Lee became Asia’s ‘Iron Woman’ of venture capital
In the past three decades, Singaporean venture capitalist Jenny Lee has proven her mettle with her trailblazing spirit “EVEN if you left…
Culture
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on…
Culture
OpenAI to offer UK data residency driven by government partnership
OpenAI will offer Britain’s government and businesses an opportunity to store data in the UK from Friday, helping unlock the potential of…
Culture
Stocks to watch: Mapletree Pan Asia Commercial Trust, FCT, Digital Core Reit, Sabana Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Oct 23): Mapletree Pan Asia…
Culture
US mulls curbs on exports to China made with US software: sources
The Trump administration is considering a plan to curb a dizzying array of software-powered exports to China, from laptops to jet engines,…
Culture
CICT loses its top ranking in global ESG benchmark for real estate
Clas, FLCT and Hongkong Land maintain their positions as sector leaders in this year’s GRESB rankings CapitaLand Integrated Commercial…
Culture
US: Wall Street opens muted on Netflix earnings miss
Wall Street opened muted on Wednesday (Oct 22), with Netflix’s disappointing results pressuring market sentiment as investors tiptoe…
Culture
Meta is cutting around 600 roles in AI unit, Axios reports
The cuts will affect the company’s Facebook Artificial Intelligence Research (FAIR) unit Meta is cutting roughly 600 positions out of the…
Culture
Meta reported to be cutting around 600 roles in AI unit
The cuts will affect the company’s Facebook Artificial Intelligence Research (FAIR) unit Meta is cutting roughly 600 positions out of the…
Culture
VinFast third-quarter e-bike sales jump following Hanoi motorbike ban
Vietnam’s VinFast said on Wednesday (Oct 22) it delivered more than 120,000 electric two-wheelers in the third quarter, a 73 per cent…
Culture
China’s EV boom saddles its auto insurers with losses
China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes…
Culture
MPACT’s Q2 DPU rises to S$0.0201 on higher contributions from Singapore properties
Mapletree Pan Asia Commercial Trust (MPACT) posted a rise in distribution per unit (DPU) to 2.01 Singapore cents for its second quarter…
Culture
Chipmaker Yangtze Memory weighs over US$40 billion China IPO next year: sources
Yangtze Memory Technologies is considering an initial public offering in mainland China at a valuation that could exceed US$40 billion,…
Culture
Sabana Reit’s Q3 income available for DPU up 38.4% at S$0.0101 on higher occupancy at New Tech Park
Revenue rises 5.3% year on year to S$29.9 million; net property income climbs 16% to S$16.9 million Sabana Industrial Real Estate…
Culture
Singapore counters close higher; STI rises 0.3%
Across the broader market, advancers beat decliners 311 to 262 after 1.4 billion securities worth S$1.6 billion change hands Counters on…
Culture
Digital Core Reit’s 9-month distributable income rises 1.9% to US$35.2 million
Digital Core Reit reported distributable income of US$35.2 million for the nine months ended Sep 30, up 1.9 per cent from a year earlier.…
Culture
Is gold losing its shine? What bullion’s plunge could signal, according to analysts
The precious metal was up 60% this year till recently, outstripping Bitcoin and the Magnificent Seven stocks Questions on whether gold’s…
Culture
Mandarin Oriental acquisition bid shows it’s better to invest in Jardine Matheson
Analysts say the proposed buyout is a good deal for Jardine Matheson, but not so much for Mandarin Oriental International minority…
Culture
Indonesia’s central bank surprises with decision to hold rates steady
The overnight deposit and lending rates were also kept at 3.75 per cent and 5.50 per cent Indonesia’s central bank unexpectedly held its…
Culture
Changi Airport’s Q3 passenger traffic up 3.1%
Top markets are China, Indonesia, Malaysia, Australia and India; air freight throughput up 3.7% Changi Airport posted 17.3 million…