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UOB’s S$885 million move to shore up its allowances is a “prudent” step that brings its provision ratios in line with those of DBS and OCBC, analysts said, even as it resulted in a huge…
California’s tech companies, the epicenter of the state’s economy, sent politicians a loud message this year: Back down from restrictive artificial intelligence regulation or they’ll…
Across the broader market, advancers outnumber decliners 376 to 190 after 1.5 billion securities worth S$2.9 billion change hands Local shares ended Thursday (Nov 6) higher, lifted by…
Nissan booked 51.5 billion yen (S$437.4 million) in operating profit for July-September Nissan Motor swung back to an operating profit in the second quarter on Thursday (Nov 6) reporting…
Data centre could support AI-enabled military command and control node, expert says Google plans to build a large artificial intelligence data centre on Australia’s remote Indian Ocean…
The telco and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global Data Centres for over S$5 billion Shares of Singtel rose S$0.23 or 5.4 per cent on…
The approach focuses on small and mid-cap opportunities, supporting MAS’ funding initiative Singapore-based wealth adviser Endowus will offer institutional investors and accredited…
Malaysia’s central bank held its benchmark interest rate steady at its final policy review of the year on Thursday (Nov 6), as expected by economists, amid subdued inflation and steady…
Standing pat gives the central bank room to act decisively if conditions worsen next year MALAYSIA kept interest rates unchanged as the central bank remained confident that the economy can…
If the initial tests are successful, the project aims to launch trial operations of a system capable of recovering 350 tonnes of mud per day from January 2027 Japan and the United States…
Figure is down from the 1.41% offered from the last auction that closed on Oct 23 The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 1.37 per cent, based on…
The industrial metal is trading significantly above the US$9,900 per tonne that Marubeni is forecasting as its average for the next six months Japan’s major trading houses are facing a…
The South Korean firm says that it plans to expand its global private credit footprint and enhance its capabilities in deal sourcing, financing, and arranging Apollo Global Management has…
The Japanese conglomerate’s push into the space has gone beyond pure mergers and acquisitions. SoftBank Group explored a potential takeover of US chipmaker Marvell Technology earlier this…
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Gold dipped on Thursday (Nov 6) after stronger-than-expected private US payrolls data dented…
Nissan Motor said on Thursday it has concluded a 97 billion yen (S$840 million) trust beneficiary rights transfer agreement to sell and leaseback its global headquarters in Yokohama, Japan…
The manager of Lendlease Global Commercial Real Estate Investment Trust (Reit) on Thursday (Nov 6) announced the successful completion of a private placement of around S$280 million, up…
Senate Democrats are seizing on their party's widespread victories in Tuesday's elections as reason to continue their shutdown fight over health care costs. Source link
US Transportation Secretary Sean Duffy said on Wednesday that he would order 10 per cent of flights at 40 major US airports to be cut starting on Friday unless a deal to end the federal…
A federal judge on Wednesday ordered authorities to improve a Chicago-area immigration facility after a group of detainees sued, alleging they were being kept in "inhumane" conditions.…
What’s the point of talking pictures if the people in them don’t talk? The characters in Ira Sachs’s films always express themselves volubly, even when there’s plenty of action (rewatch…
CHATGPT creator OpenAI, the world’s largest private company, is asking the US government to provide loan guarantees for its massive infrastructure expansion that will eventually cost more…
President Trump's passionate push for Senate Republicans to scrap the filibuster as a way to end the shutdown and pass GOP priorities swayed some senators, but not nearly enough. Source link
Democrats' sweep of the off-year elections this week gave the party renewed vigor for battling President Trump and confidence that the victories are a springboard for the 2026 midterm…
