Business
ASML invests 1.3 billion euros on Europe’s AI champion Mistral
The deal provides Mistral with a major injection and makes it one of Europe’s most valuable private companies ASML Holding is investing…
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Business
Business
The Quiet App Powerhouse: How Inceptives Digital is Turning Ideas into Scalable Businesses
In today's digital economy, the line between a raw idea and a scalable business often runs through one thing: a mobile app. From food…
Business
How does Tesla get to US$8.5 trillion value? Robots, robotaxis and hope
How can Tesla become an US$8.5 trillion company? That is the market valuation the electric vehicle maker would have to reach to justify…
Business
CIMB Singapore CEO Victor Lee resigns; CFO to take charge in interim
Victor Lee has resigned from his roles as chief executive officer of CIMB Singapore and chief executive of growth markets, parent company…
Business
CIMB Singapore CEO Victor Lee resigns; placed on gardening leave with immediate effect
The bank says it will announce its successors in due course; CFO to take charge in interim Victor Lee has resigned from his roles as chief…
Business
CIMB Singapore CEO sudden exit puts spotlight on key profit hub
Victor Lee has resigned from his roles as chief executive officer of CIMB Singapore and chief executive of growth markets, parent company…
Business
CIMB Singapore CEO’s sudden exit puts spotlight on key profit hub
Victor Lee has resigned from his roles as chief executive officer of CIMB Singapore and chief executive of growth markets, parent company…
Business
Would You Marry Me to Premiere in October; Producers Spill New Details on Upcoming SBS Drama
Would You Marry Me is an upcoming SBS drama starring Choi Woo Shik and Jung So Min. It is scheduled to premiere in October and introduce…
Business
Alibaba dumps 151.3 million SingPost shares, slashing its stake to below 5%
This means the Chinese e-commerce giant is no longer a substantial shareholder of the national postal service provider Alibaba Investment,…
Business
HRnetGroup targets Vietnam’s booming tech sector with new subsidiary
It notes interest in hiring of IT engineers, data scientists and product teams by companies in finance and banking, media and platforms,…
Business
Cambodia opens US$2b Chinese-built airport
Techo airport will be able to handle up to 13 million passengers a year, and aims to reach 50 million by 2050 A US$2 billion Chinese-built…
Business
Singapore stocks end lower amid mixed regional trading; STI down 0.3%
Across the broader market, losers beat gainers 291 to 275, as 1.6 billion securities worth S$1.4 billion change hands Local shares ended…
Business
Chinese property stocks jump on policy, lending boost
Top gainers included Country Garden and Shimao Group Holdings, whose shares rose more than 30% Chinese property shares surged in Hong…
Business
China property stocks jump on policy, lending boost
Top gainers included Country Garden and Shimao Group Holdings, whose shares rose more than 30% Chinese property shares surged in Hong…
Business
Dutch government plans to cut ABN Amro stake to about 20%
The Dutch government is embarking on another reduction in its stake in ABN Amro Bank as it continues to gradually pare its holdings in the…
Business
BOJ likely to trim super-long bond buying in Q4
The Bank of Japan is likely to slightly reduce its purchases of super-long government bonds in the fourth quarter despite recent rises in…
Business
Novartis to buy US biotech Tourmaline Bio for US$1.4 billion
Novartis agreed to buy Tourmaline Bio in a deal valued at about US$1.4 billion as the Swiss drugmaker continues to pursue bolt-on deals to…
Business
Singapore must tap technology to ‘leapfrog’ regional peers in equity markets: Piyush Gupta
AI could be used in compliance and oversight, such as in distributed ledger technology which can reduce the cost of listings by automating…
Business
Goldman lands US$40 billion mandate from Shell for pension assets
Goldman Sachs Group won a US$40 billion mandate from Shell to oversee pension assets for the energy company, in one of the biggest…
Business
Gold heads towards US$4,000 mark as markets grapple with dollar doubts, Fed uncertainty
Analysts note confidence in the precious metal is ultimately linked to sentiment towards the greenback Gold is blazing a trail towards…
Business
VinFast plans US plant in 2028 as it seeks equity backers
The automaker will prioritise Asia, including India, Indonesia and the Philippines, over North America and Europe, where high logistics…
Business
GIC, SoftBank are said to weigh selling stake in fintech VNLife
The Vietnamese fintech firm has a presence in Vietnam, Singapore, Myanmar and Cambodia GIC and SoftBank Vision Fund are considering…
Business
Singapore early-stage emerging tech startups see 14% rise in deal volume, but funds raised slip 8%
There were 56 deals in 2024, up from 49 a year ago, though funding raised dipped from US$402 million to US$371 million Singapore’s early…
Business
Asia: Most markets rise on US rate hopes, Tokyo hits record
ASIAN markets mostly rose on Tuesday fuelled by optimism the Federal Reserve will slash interest rates this year, with gains led by a…