Culture
NYSE parent nears deal for US$2 billion stake in crypto-based betting startup Polymarket: sources
INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall Street…
Section
Culture
Culture
Duty Free International returns to the black with RM2.6 million Q2 net profit
Revenue for the quarter is up 14.5% at RM42.6 million amid stronger customer demand Malaysian retail group Duty Free International…
Culture
Stablecoins could suck US$1 trillion from emerging-market banks in next three years: Standard Chartered
The boom in US dollar-backed stablecoins, helped by President Donald Trump’s crypto policies, could suck US$1 trillion worth of deposits…
Culture
NetLink opens S$110 million Seletar Central Office to serve northern Singapore
The facility will benefit upcoming developments including the North-South Corridor and 40,000 new homes Internet service provider NetLink…
Culture
Airbus A320 ousts Boeing 737 as most-delivered jet in history
Europe’s Airbus broke a major commercial barrier on Tuesday (Oct 7) when its A320 family of planes overtook the Boeing 737 to become the…
Culture
CGS International upgrades Grab to ‘add’, raises target price to US$7 on financial services turnaround
CGS International has upgraded its recommendation on Grab to “add”, from “hold” previously, and raised its target price by 29.6 per cent…
Culture
What to Buy on Amazon: Chic Finds for Every Category - Fashion Jackson
You guys know how much I love a good Amazon find. Whether it's an essential item for travel, a kitchen gadget, or a trendy fashion piece…
Culture
HP bets on AI personal computers to drive revenue, eyes Asia for growth
At least one in four PCs sold by the US computer maker are AI-enabled and that could grow as customers upgrade The lockdowns stemming from…
Culture
BHP sharpens Asia focus; bets on copper, potash over rare earths
Asia’s demand resilience underscores the mining giant’s commitment to the region BHP is doubling down on Asia as the centre of gravity for…
Culture
Thai Cabinet approves 44 billion baht stimulus programme to boost growth
South-east Asia’s second-largest economy has been hit by US tariffs, high household debt, weak consumption, and a strong currency…
Culture
Envy’s ex-directors seek bankruptcy after being found liable for breach of duties in nickel trading fraud
Judicial Commissioner Mohamed Faizal finds that Lee Si Ye and Ju Xiao had breached their duties as directors of Envy group of companies A…
Culture
Asia: Tokyo stocks hit new record as markets extend global rally
JAPANESE stocks hit another record on Tuesday, building on the previous day’s surge following the election of a pro-stimulus advocate to…
Culture
Two Australian pensions confirm merger to form A$235 billion fund
Aware Super, one of Australia’s largest pensions, confirmed plans to merge with smaller rival TelstraSuper to form a A$235 billion (S$201…
Culture
No air traffic control at LA area airport amid US government shutdown: governor
A BUSY California airport had no air traffic controllers on Monday evening, the state’s governor said, as the effects of a US government…
Culture
OpenAI unveils ChatGPT app integration feature
OPENAI on Monday unveiled a new feature for ChatGPT, the leading generative AI model with 800 million weekly users, enabling it to…
Culture
Goldman Sachs opens Kuwait office to expand Middle East presence
GOLDMAN Sachs has opened a new office in Kuwait, it said on Monday, in a bid to expand its services to regional clients and deepen its…
Culture
US: Wall Street indices open higher on AI boost
AMD’s chip-supply tie-up with OpenAI became the latest in a series of artificial intelligence deals Wall Street’s main indexes opened…
Culture
Japanese yen slides on likely new leader, euro pressured by French PM resignation
Politics dominated currency markets on Monday (Oct 6) as the Japanese yen weakened by the most in five months against the dollar with…
Culture
UBS launches pilot for new AI tool aimed at boosting productivity of advisers
Minister Josephine Teo says this development aligns with Singapore’s push to be a leading financial hub in the region UBS, on Monday (Oct…
Culture
Thakral to receive S$13.1 million from sale of shares in UK beauty company, ahead of London IPO
Thakral’s remaining TBTG shares will be worth £18.1 million (S$31.5 million) immediately upon listing Singapore-listed Thakral Corp will…
Culture
AMD signs AI chip-supply deal with OpenAI, gives it option to take a 10% stake
Advanced Micro Devices (AMD) said on Monday (Oct 6) it will supply artificial intelligence chips to OpenAI in a multi-year deal that would…
Culture
Del Monte expects to raise US$500 million to US$600 million in private placement to tackle debt
The company is also considering asset disposals and engaging bankers on its loans Del Monte Pacific could raise between US$500 million and…
Culture
Toyota Industries 4.7 trillion yen buyout plan faces antitrust delays
Toyota Motor chairman Akio Toyoda’s proposal to buy out Toyota Industries for 4.7 trillion yen (S$40.5 billion) has been delayed because…
Culture
Japan’s Sumitomo wins Singapore grant to develop ammonia as marine fuel
Japanese trading house Sumitomo said on Monday (Oct 6) it has been awarded a Singapore government grant to develop ammonia as an…