Culture

How Europe could ‘weaponise’ US$10 trillion of US assets over Greenland
[ad_1] The most tangible reaction from the EU so far has been a proposal to halt approval of its July trade deal with America[LONDON] As Europe considers how best to...
MSCI rule shift may spur US$2 billion exit from Indonesian stocks
[ad_1] [JAKARTA] Global funds may withdraw more than US$2 billion from Indonesian equities in coming months if MSCI proceeds with a change to its indexing methodology, underscoring concerns about the...
Mapletree Investments, MPACT appoint SP Group to build district cooling system at HarbourFront
[ad_1] It will reduce operating costs and carbon emissions, while freeing up space for operational or commercial use[SINGAPORE] Mapletree Investments and Mapletree Pan Asia Commercial Trust (MPACT) have appointed SP...
South Korea kicks off AI Squid Game in bid to compete with US, China
[ad_1] The state-backed survival contest aims to find the best indigenous artificial intelligence models[SEOUL] Late last year, more than a thousand people converged in Seoul’s convention centre as elite engineers presented their latest developments...
Oil steadies as Iran supply fears ease and Greenland moves into spotlight
[ad_1] [CALGARY] Oil prices steadied on Monday as civil unrest in Iran subsided, reducing the likelihood of a US attack that could disrupt supplies from the major producer, while market-watchers turned...
Zurich Insurance offers US$10 billion to buy UK insurer Beazley
[ad_1] [LONDON] Swiss insurance company Zurich Insurance Group has raised its offer to buy rival speciality insurer Beazley to 1,280 pence (S$22.016) per share in cash, it said on Monday...
HSBC on course for £300 billion valuation, top executive says
[ad_1] [LONDON] Weeks after its market value rose above £200 billion (S$344.6 billion) for the first time in its history, HSBC Holdings is now on course for a capitalisation in...
At least 39 dead in Spain after two high-speed trains collide
[ad_1] [ADAMUZ, Spain] At least 39 people died in southern Spain after a high-speed train derailed and collided with an oncoming one on Sunday night in the worst railway accident...
Market watchers view SIA-Air India’s commercial cooperation favourably
[ad_1] SIA’s brand premium is unlikely to be diluted as both carriers continue to maintain their respective brands[SINGAPORE] Industry watchers view favourably the recently announced commercial cooperation of Singapore Airlines...
From Changi vaults to Asian markets, silver rallies even as caution grows
[ad_1] Heavy investor buying has pushed the metal into a persistent supply deficit despite softening industrial and jewellery demand [SINGAPORE] From bullion vaults in Changi to trading desks across Asia,...
Thailand approves US$2 billion PCB manufacturing investment by joint venture
[ad_1] [BANGKOK] Thailand’s investment board said on Monday (Jan 19) it had approved an investment worth US$2.08 billion by a joint venture led by Taiwan’s Zhen Ding Technology, the world’s...
Singapore bourse targets global macro funds in Japan rates push
[ad_1] [SINGAPORE] Singapore Exchange will introduce futures on longer-dated Japanese government bonds as trading in the world’s third-biggest debt market heats up.SGX will make 20-year mini JGB futures available for...