Culture
Microsoft-backed Builder.ai set for bankruptcy after cash seized
[ad_1] [LONDON] Builder.ai, the British artificial intelligence startup backed by Microsoft and the Qatar Investment Authority, is filing for bankruptcy after the chief executive officer said a major creditor had...
Bloomberg terminal outage disrupts bond sales across Europe
[ad_1] Published Wed, May 21, 2025 · 05:57 PM — Updated Wed, May 21, 2025 · 06:30 PM[LONDON] News and data company Bloomberg suffered an outage to its terminal for...
Should SingPost divest its headquarters building?
[ad_1] [SINGAPORE] The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest set of financial results.The share price tanked 12...
Time’s not ripe for SingPost to sell its flagship building
[ad_1] [SINGAPORE] The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest set of financial results.The share price tanked 12...
CATL’s 1.8-billion euro German plant boosts China’s invest-abroad bet
[ad_1] [SINGAPORE/BERLIN] More than two years ago on the outskirts of a medieval German town, China’s biggest EV battery company placed a 1.8-billion euro (S$2.6 billion) bet on the future...
Julius Baer faces US$156 million loan loss charge
[ad_1] [ZURICH] Julius Baer Group said it’s booking another large loss from property developments it helped finance, just as the Swiss wealth manager is emerging from a crisis triggered by...
Singapore’s ultra-rich among wealthy Asians snapping up property in Dubai
[ad_1] [SINGAPORE] Property cooling measures may have dampened housing demand here, but Singapore’s ultra-rich are among high net-worth individuals (HNWI) around the world that are flooding into Dubai.In the first...
Covid-19 testing demand surges as cases spike across Asia
[ad_1] Phase Scientific has developed the world’s first urine-based human papillomavirus test, and is planning to expand that business globallyPublished Wed, May 21, 2025 · 01:56 PM[BEIJING] Demand for Covid-19...
Labubu maker Popmart flagged for global expansion potential; CGSI initiates coverage
[ad_1] [Hong Kong] CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation from a toy retailer to an intellectual property (IP)-centric...
Nvidia CEO praises Trump move to scrap some AI export curbs
[ad_1] [TAIPEI] US export controls on artificial intelligence (AI) chips to China were “a failure” as they have cost American companies billions of US dollars in lost sales, Nvidia chief...
