Culture
What are significant risk transfers – and why is DBS reportedly considering them?
[ad_1] Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals[SINGAPORE] A week ago, media reports surfaced that DBS – South-east Asia’s largest lender...
Memory shortage to hit Nvidia China approvals, US lawmaker says
[ad_1] Demand for the components, long treated as a commodity, has skyrocketed due to the AI data centre boom[WASHINGTON] Tight memory chip supplies will constrain the number of US export...
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
[ad_1] [WASHINGTON] US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude oil than Venezuela got before US special...
European shares extend record run on technology, financial gains
[ad_1] EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and signs of resilience in the German economy.The...
Maersk to return to Red Sea as stability improves in region
[ad_1] The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels[OSLO] Danish shipping company Maersk will return to sailing...
Keppel bags 720 MW power bank for AI data centre campus near Melbourne
[ad_1] The group is in ‘active discussions with hyperscalers and neoclouds’ on the site’s future capacity[SINGAPORE] Asset manager Keppel on Thursday (Jan 15) announced that it has secured a 720...
UBS CEO Ermotti underlines his desire for internal successor
[ad_1] The bank is currently putting together the right candidates for the new leadership, he says[ZURICH] UBS CEO Sergio Ermotti hopes his successor will be a candidate from within the...
Australia social media ban hits 4.7 million teen accounts in first month
[ad_1] [SYDNEY] Social media companies have collectively deactivated nearly five million accounts belonging to Australian teenagers just a month after a world-first ban on under-16s took effect, the country’s Internet...
A family feud could tear apart one Singapore-listed company’s 108% gain of last year
[ad_1] Investors should press for answers as a corporate governance nightmare unfolds at Nam Lee Pressed Metal Industries[SINGAPORE] The Chinese New Year celebrations next month is shaping up to be...
Oil settles down 4% as Trump comments ease Iranian supply concerns