Business
AI-generated footage falsely linked to Ethiopian volcanic eruption
A volcano in northeastern Ethiopia erupted for the first time in almost 12,000 years in November 2025, but a dramatic video of smoke and…
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Business
Business
Hepmil founders chose Publicis acquisition over fresh funding round, citing M&A risks
Karl Mak, the startup’s CEO and co-founder, says the team was not confident of executing its own M&A deals While planning for its next…
Business
Rio Tinto outlines plan to cut costs, raise productivity at strategy day
Rio Tinto CEO Simon Trott outlined a plan to focus on cost cuts and productivity gains at his first strategy day on Thursday (Dec 4) as he…
Business
India central bank to tolerate weaker rupee as inflows dry up
India’s central bank will tolerate a weaker rupee as the country’s external sector confronts multiple headwinds including a wider trade…
Business
Data centres are expensive. Reits are ‘powerful tools’ to raise capital - and Singapore benefits
Data centres are expensive - to construct and to operate, as they are also power-guzzling. Amid the AI boom, as demand from hyperscalers…
Business
Reits are emerging as ‘powerful tools’ to fund rocketing data centre costs – Singapore benefits
Data centres are projected to need a US$6.7 trillion investment globally to keep up with compute power demand by 2030 Data centres are…
Business
Data centres are expensive. Reits are ‘powerful tools’ to raise capital - and Singapore is benefiting
Data centres are projected to need US$6.7 trillion in global investments to keep up with computing power demand by 2030 Data centres are…
Business
SGX not exploring or considering bid for Cboe Australia
Singapore Exchange said it’s not considering buying Cboe Global Markets’ Australian unit, refuting an earlier Australian Financial Review…
Business
Machine Learning Platforms Generate Millions in Revenue for Financial Services Firm
"The financial services sector stands at an inflection point where artificial intelligence transitions from experimental curiosity to…
Business
Micron to exit consumer memory business amid global supply shortage
Memory chipmaker Micron Technology said on Wednesday (Dec 3) that it will exit its consumer business, as it doubles down on advanced…
Business
Asian markets stumble as traders struggle to hold Fed cut rally
Bets on a US reduction on Wednesday have surged to around 90% in the past two weeks Asian markets struggled to maintain their early…
Business
Ship rates spiking 467% marks upended trade across commodities
Freight rates have eased slightly from a peak at the end of November, but elevated costs are reverberating across the shipping market…
Business
Paramount hikes Warner Bros breakup fee to US$5 billion
Paramount Skydance more than doubled the proposed breakup fee in its offer to acquire Warner Bros Discovery to US$5 billion, according to…
Business
Race for talent is on as bankers brace for IPO boom in Vietnam
Vietnam’s potential upgrade to emerging-market status by FTSE Russell in September has investment banks bulking up staff in anticipation…
Business
Gold holds steady after weak US jobs data reinforce rate-cut bets
Gold prices held steady above the US$4,200 mark on Thursday (Dec 4), buoyed by weak private payrolls data that reinforced expectations of…
Business
M&A boom fuels record decline in Japan’s listed companies
The country is mirroring the decline in listings in developed markets that has been going on for decades Japan has nearly as many listed…
Business
Ringgit rally, fiscal strength fuel Malaysia’s bond momentum
Malaysia’s improving fiscal outlook, moderating inflation and resilient currency are enhancing the appeal of its bonds, positioning them…
Business
Goldman, BlackRock rush to fill wealth-advice void in Australia
As governments everywhere struggle with ageing populations and ballooning deficits, the country’s superannuation system stands out as a…
Business
Stocks to watch: Cordlife, DFI Retail Group, SingLand, Tuan Sing, Vibrant Group
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 4): Cordlife: The cord-blood…
Business
Nvidia’s Huang unsure whether China would accept its H200 chips
Allowing H200 sales to the Asian nation would mark a significant win for the world’s most valuable company Nvidia chief executive officer…
Business
Concerns of weak prospects at Low Keng Huat belie a history of strong shareholder returns
Over the past 16 years, its shares have delivered a total return higher than that of STI, CDL, Hongkong Land and UOL shares The offeror…
Business
Singapore’s SGX mulls bid for Cboe Australia, AFR reports
Australia’s financial regulator is working closely with the parent company to find a suitable buyer Singapore’s stock exchange is…
Business
Intel says it will keep networking and communications unit
The chip maker has considerably improved its cash position as a result, finance chief Dave Zinsner says Intel said on Wednesday (Dec 3)…
Business
Indexes close higher as data keeps Fed rate cut expectations elevated
US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut…