Culture

Prediction markets will see five-fold growth by 2030: analysts
[ad_1] Sports gambling companies have recently made moves to offer event contracts so they can compete[NEW YORK] Prediction markets companies are likely to see their revenues grow by a factor...
UPS buys hundreds of robots to unload trucks in automation push
[ad_1] Unloading trucks and shipping containers at warehouse docks is mostly done by people and remains a key bottleneck in the shipping industry[SEATTLE] United Parcel Service (UPS) will invest US$120...
Europe: Stocks recover, banks lead; ECB decision, US data in focus
[ad_1] EUROPEAN shares ended higher on Monday in broad-based gains led by banks, kicking off a week packed with central bank decisions and delayed US economic data on a positive note,...
US stocks close lower as investors position for busy week of data
[ad_1] WALL Street closed lower on Monday as investors braced for a slew of economic data later this week while assessing reports on Federal Reserve candidates and commentary from policymakers...
German regulator orders oversight, limits on GIC-backed online bank N26
[ad_1] [FRANKFURT] Germany’s financial regulator BaFin on Monday (Dec 15) announced stricter oversight of Berlin-based online bank N26, including limits on new business in the Netherlands and the instalment of...
SIA Group’s passenger traffic up 2.6% in November
[ad_1] Singapore Airlines and Scoot carried 3.5 million passengers in total during the month, 6% higher than a year ago[SINGAPORE] Singapore Airlines (SIA) Group on Monday (Dec 15) reported year-on-year...
Interest in money market funds in Singapore falls 44% quarter on quarter to S$1.5 billion in Q3: Morningstar 
[ad_1] [SINGAPORE] Singaporean investor interest in money market funds waned in the third quarter of 2025, with net inflows of S$1.5 billion, down 44 per cent from the S$2.7 billion...
Raffles Education leads most active pack on SGX with 60.8 million shares traded; closes 23.4% higher
[ad_1] Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure[SINGAPORE] Raffles Education led the pack of actives on the Singapore Exchange (SGX) on Monday...
Thai baht is too strong, impacting economy, finance minister says
[ad_1] [BANGKOK] Thailand’s baht is too strong and affecting its export-driven economy, the country’s finance minister said on Monday (Dec 15), as the currency reached its highest level against the...
HSBC’s US$13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
[ad_1] Debt-laden property developers in Hong Kong and their creditors are set to face intensifying financial pressure next year[BENGALURU] Hong Kong’s Hang Seng Bank said on Monday (Dec 15) that...
SMBC Asia inks debut US$3.2 billion SRT with Blackstone, Stonepeak
[ad_1] Globally, synthetic risk transfer volumes are projected to expand 11% annually over the next two years[SINGAPORE] Sumitomo Mitsui Banking Corporation’s (SMBC) Asia-Pacific arm has completed its first US$3.2 billion...
Asian markets drop with Wall Street as tech fears revive
[ad_1] Tech firms have been at the forefront of a global surge in equity markets for the past two years[HONG KONG] Asian markets dropped on Monday (Dec 15) as concerns...