Business
Elliott woos other Toyota Industries investors in buyout fight
Elliott Investment Management has been approaching asset managers and other institutional investors in Japan to build support for its…
Section
Business
Business
Google works to erode Nvidia’s software advantage with Meta’s help
The effort is part of Google’s aggressive plan to make its TPU a viable alternative to Nvidia’s GPUs Alphabet’s Google is working on a new…
Business
India insurance move opens pension firms to 100% foreign holding
The move comes amid a surge in foreign investment in Indian banks and deeper reliance on Indian tech hubs India’s move to lift investment…
Business
Elliott takes over US$1 billion stake in Lululemon: source
Activist investor Elliott Management has amassed a stake of more than US$1 billion in Lululemon Athletica and is lining up a potential CEO…
Business
StanChart, Ant International launch blockchain-based tokenised deposits in SGD, USD
The new solution demonstrates how businesses can use blockchain technology to make transactions faster, more secure, and more efficient…
Business
StanChart, Ant International launch blockchain-based tokenised deposits in Singdollar, greenback
The new solution demonstrates how businesses can use blockchain technology to make transactions faster, more secure and more efficient…
Business
Thai central bank proposes controls on gold trade, ready to cut rates further
The Thai central bank is calling on the finance ministry to control gold trading after a surge in transactions helped drive up the value…
Business
Gold steady ahead of key US inflation data; silver near record highs
GOLD prices were steady on Thursday, supported by dovish Federal Reserve signals but restrained by a resilient dollar ahead of key US…
Business
Trump says next Fed chair will believe in lower interest rates ‘by a lot’
US President Donald Trump said on Wednesday the next chairman of the US Federal Reserve will be someone who believes in lower interest…
Business
Meet Swan Beauty, the AI-Powered Personal Vanity Mirror
The pandemic-era interactive workout mirror is getting a beauty equivalent. Called Swan Beauty, the new AI and AR mirror that features…
Business
Apac real assets show strength in 2025; NTT DC Reit anchors conviction by investors in data centres: report
Despite ongoing geopolitical and trade uncertainty weighing on business sentiment, conditions have improved for real estate in Apac in…
Business
BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit
OIL and gas major BP has appointed Meg O’Neill, the head of Australia’s Woodside Energy, as its next CEO to lead its effort to boost…
Business
OCBC users hit by mobile and online log-in error
Subsequent checks show an error message that says OCBC is working to resolve the issue OCBC digital users were unable to log-in to the…
Business
OCBC users hit by short-lived mobile and online log-in error
Subsequent checks show an error message that says OCBC is working to resolve the issue OCBC digital users were unable to log-in to the…
Business
OCBC users hit by short-lived mobile and online log-in error; bank says issue resolved
OCBC digital users are now able to access mobile and online banking services, following a short-lived outage on Thursday (Dec 18) morning.…
Business
Asian markets track Wall Street lower as AI fears mount
ASIAN markets sank on Thursday after another sell-off on Wall Street as worries over the tech sector’s colossal spending on artificial…
Business
Why China isn’t rushing to buy Nvidia’s H200 AI chip
The US is offering China Nvidia’s second-fastest AI chip, the H200, but Beijing is holding back. Behind the hesitation lies a high-stakes…
Business
KGI starts Ever Glory at ‘outperform’ with S$1.20 target amid high construction demand in Singapore
Its asset-light model and careful working-capital management enable disciplined expansion, says analyst KGI Securities has initiated…
Business
Apple makes changes to iOS software in face of stricter Japanese rules
APPLE is making changes to its iOS software in Japan to comply with a new local law aimed at fostering competition, part of broader…
Business
Coinbase announces entry into prediction markets, stocks
COINBASE Global has announced its entry into prediction markets and equities trading. The biggest crypto exchange in the US said on…
Business
Stocks to watch: Singtel, Stoneweg Europe Stapled Trust, Acrophyte Hospitality Trust, HG Metal
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 18): Singtel: The board of its…
Business
Stoneweg Europe Stapled Trust refinances, extends 85 million euro facility agreement
The manager of Stoneweg Europe Stapled Trust (Sert) on Thursday (Dec 18) announced that it has refinanced and extended an 85 million euro…
Business
US FTC probes Instacart’s AI pricing tool, source says; shares drop
Shoppers viewing Instacart prices saw wildly different prices for the same items sourced at the same stores THE US Federal Trade…
Business
ANZ hit with second “strike” as shareholders dissent over pay report
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the…