Business
Axa warns on data centre ‘gambles’ as private credit risks rise
French insurer Axa is exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid…
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Business
DBS’ Tan Su Shan is 29th among Forbes’ 2025 World’s 100 Most Powerful Women; two other Singaporeans ranked
The other two are Temasek Trust chair Ho Ching and seasoned venture capitalist Jenny Lee DBS Group chief executive officer Tan Su Shan is…
Business
Can Manulife US Reit recover? Unitholders seek answers ahead of EGM
The real estate investment trust’s manager answers pointed questions from unitholders Long-suffering unitholders have grilled Manulife US…
Business
Singapore: 37-Year-Old Man Hospitalized After Altercation at Downtown East Eatery; Investigations Under Way
A 37-year-old man is assisting police with investigations after a late-night altercation at Downtown East on Tuesday, December 9, left a…
Business
Singapore stocks inch up after Fed rate cut; STI rises 0.2%
Across the broader market, gainers edge out losers 256 to 244 after 1.1 billion securities worth S$1.3 billion change hands Singapore…
Business
Exclusive Interview: Himani FNU on AI, Cloud Security, and the Digital Future of Banking
Naperville, Illinois As financial systems evolve into cloud-native, AI-driven ecosystems, leaders like Himani FNU are playing an…
Business
Nissan, Wayve agree to co-develop AI-based Pro-Pilot
Nissan Motor announced it has signed “definitive agreements” allowing it to collaborate with UK-based Wayve Technologies on integrating…
Business
Singtel hit with S$1 million fine for 2024 voice disruption
The incident on Oct 8 last year affected more than 500,000 users for more than four hours The Infocomm and Media Development Authority…
Business
Singtel hit with S$1 million fine for 2024 disruption that affected over 500,000 users
The incident on Oct 8 last year affected more than 500,000 users for more than four hours The Infocomm and Media Development Authority…
Business
Swiss National Bank holds interest rate at zero, cuts inflation forecast
The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut The Swiss National Bank kept its…
Business
Bank of Japan reluctant to intervene on rising yields, sources say
The recent rises are due to investors taking a wait-and-see approach on uncertainty over how far the BOJ can eventually raise rates The…
Business
India's equity mutual fund inflows rebound in November on strong earnings, low inflation
Equity mutual fund inflows into the Indian stock market rebounded after three months in November, as improved corporate earnings, stable…
Business
CLI closes second onshore sub-fund; targets 1.48 billion yuan in funds under management
It is under the CLI RMB Master Fund with CapitaMall Xinduxin, as the seed asset Global real asset manager CapitaLand Investment (CLI) said…
Business
DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand
The increase comes on lower interest rates and plans by developers to recycle capital and rejuvenate assets DBS Research has taken a…
Business
Hongkong Land shares up 5% on S$1.45 billion sale of MBFC stake
It is selling its stake to Keppel Reit, which will have two-thirds interest in the property upon completion Shares of Hongkong Land rose…
Business
Hongkong Land shares end 5.5% higher on S$1.45 billion sale of MBFC stake
The group is selling its share to Keppel Reit, which will have a two-thirds interest in the property upon completion Shares of Hongkong…
Business
Bitcoin dips below US$90,000 as AI worries dent risk appetite
Fresh concerns about artificial intelligence profits weighed on technology stocks Cryptocurrencies tumbled on Thursday (Dec 11) and…
Business
More dissenters could signal increased resistance to future Fed rate cuts
Investors should be positioned for the Fed to continue easing at least once more in 2026, say analysts THE US Federal Reserve’s expected…
Business
Asian markets mixed post Fed cut; fundamentals should matter more with upcoming pause: analysts
The STI, Hang Seng Index and KLCI saw slight gains, while Nikkei and Kospi retreated Asian markets were mixed on Thursday (Dec 11) after…
Business
Asian markets diverge post Fed cut, with analysts expecting short-term relief rally
Asia markets ended mixed as the STI and KLCI gain, while Hang Seng, Nikkei and Kospi retreat Markets will likely rally in the short term,…
Business
Li Ka-shing’s US$19 billion ports sale slows due to complex talks
CK Hutchison has said that it would not proceed with a transaction that did not have the approval of all relevant authorities Hong Kong…
Business
Asian traders cheer US rate cut but gains tempered by outlook
MOST Asian markets rose on Thursday as traders welcomed the Federal Reserve’s third straight interest rate cut, though the euphoria was…
Business
Crypto elite shun NFTs for 69-million-year-old dinosaur fossils
The triceratops skeleton now resides in an 82-square-metre, windowless room inside Le Freeport Deep inside a Singaporean vault that’s been…
Business
AI’s US$400 billion problem: Are chips getting old too fast?
IN PURSUIT of the AI dream, the tech industry this year has plunked down about US$400 billion on specialised chips and data centres, but…