Culture

Stocks to watch: DBS, Keppel Reit, NetLink NBN Trust, StarHub, Info-Tech
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 8): DBS Bank : The bank’s shares hit a new record high...
Ikea buys US logistics tech firm Locus in online growth push
[ad_1] [LONDON/STOCKHOLM] Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday (Oct 7), a deal the Swedish furniture retailer said would make its deliveries to...
Intel to reveal tech details on forthcoming PC chip: sources
[ad_1] [SAN FRANCISCO] Intel plans to release technical details about its forthcoming chip for laptops, known as Panther Lake, on Thursday (Oct 9), four sources briefed on the plans told...
Future-proofing accountants in an AI-driven world
[ad_1] Far from replacing accountants, artificial intelligence is creating opportunities for the profession to evolve into more strategic, analytical, and trusted advisory rolesARTIFICIAL intelligence (AI) is rapidly transforming the global...
Oil settles flat amid Opec+ output hike, supply glut fears
[ad_1] China is building oil reserve sites to boost stockpiles, according to public data, traders and industry experts[HOUSTON] Oil prices steadied on Tuesday (Oct 7) as investors weighed a smaller-than-expected...
Europe: Luxury rebound in France cushions European stock losses amid turmoil
[ad_1] [BENGALURU] European stocks slipped on Tuesday (Oct 7), dragged down by healthcare and bank shares, while a luxury-led rebound in France kept regional losses in check after Monday’s political...
Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
[ad_1] [FRANKFURT] Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in the country remains weak...
StarHub prices S$200 million perpetual securities at 3.35%
[ad_1] Net proceeds from the issue will be used to finance the group’s general corporate funding requirements and investments[SINGAPORE] StarHub has priced S$200 million in subordinated perpetual securities at 3.35...
NYSE parent nears deal for US$2 billion stake in crypto-based betting startup Polymarket: sources
[ad_1] INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall Street Journal reported on Tuesday (Oct 7), citing people...
Stablecoins could suck US$1 trillion from emerging-market banks in next three years: Standard Chartered
[ad_1] [LONDON] The boom in US dollar-backed stablecoins, helped by President Donald Trump’s crypto policies, could suck US$1 trillion worth of deposits out of emerging economy banks in the next...
NetLink opens S$110 million Seletar Central Office to serve northern Singapore
[ad_1] The facility will benefit upcoming developments including the North-South Corridor and 40,000 new homes[SINGAPORE] Internet service provider NetLink NBN Trust opened a S$110 million new central office in Seletar...
Singapore shares continue to rally; STI up 1.1%
[ad_1] [SINGAPORE] Singapore shares closed higher on Tuesday (Oct 7), buoyed by local bank DBS’ continued rally. The benchmark Straits Times Index (STI) rose 1.1 per cent or 50.55 points...