How to transform AI from a tool into a partner
The conversation about AI in the workplace has been dominated by the simplistic narrative that machines will inevitably replace humans. But the organizations achieving real results with AI…
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Culture
Raffles Education leads most active pack on SGX with 60.8 million shares traded; closes 23.4% higher
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure Raffles Education led the pack of actives on the Singapore Exchange (SGX) on Monday (Dec 15). The counter…
Thai baht is too strong, impacting economy, finance minister says
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 dollar…
HSBC’s US$13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
Debt-laden property developers in Hong Kong and their creditors are set to face intensifying financial pressure next year Hong Kong’s Hang Seng Bank said on Monday (Dec 15) that an…
SMBC Asia inks debut US$3.2 billion SRT with Blackstone, Stonepeak
Globally, synthetic risk transfer volumes are projected to expand 11% annually over the next two years Sumitomo Mitsui Banking Corporation’s (SMBC) Asia-Pacific arm has completed its first…
Asian markets drop with Wall Street as tech fears revive
Tech firms have been at the forefront of a global surge in equity markets for the past two years Asian markets dropped on Monday (Dec 15) as concerns about the AI-fuelled tech rally…
Gold rises on softer Treasury yields; silver steadies after record run
Investors are currently pricing in two rate cuts for next year, with this week’s non-farm payrolls report expected to provide further clues on the Fed’s policy path Gold rose on Monday…
Soilbuild Construction proposes four-for-one stock split after 313% year-to-date rise
The company currently has an issued and paid-up share capital of S$107.9 million comprising 165.5 million shares Construction and engineering company Soilbuild Construction on Monday (Dec…
January Capital’s private credit fund marks final close at over US$130 million
The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans Singapore-headquartered investment firm January Capital on Monday (Dec…
Robot vacuum Roomba maker files for bankruptcy after 35 years
Under the restructuring, vacuum cleaner maker Shenzhen Picea will receive the entire equity stake in the reorganised company iRobot filed for bankruptcy after reaching a restructuring…
ESR-Reit sells 8 Singapore assets to Brookfield for S$338m; sale would trim distribution
The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay The manager of ESR Real Estate Investment Trust (ESR-Reit) on Monday (Dec 15) has…
China confronts the cost of dismantling the world’s biggest coal sector
Green industries have created more than seven million jobs and ultimately there will be net growth in employment from the energy transition ON A dusty afternoon in the northern reaches of…
Nomura seeking private debt acquisitions in alternatives push, CEO says
Despite the explosive growth of such financing in the US over the past decade, bank loans still dominate corporate borrowing in Japan Japan’s Nomura Holdings is on the lookout for private…
Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says
Tokyo Gas, Japan’s top city gas provider, plans to direct more than half of the 350 billion yen (S$2.9 billion) it has earmarked for overseas investments over the next three years to the…
Tiger Brokers Singapore bucks price-cutting trend among digital brokerages
It charges higher fees than some competitors, but still managed to add new accounts for the seventh straight quarter, hitting a new peak In the cutthroat world of digital brokerages, firms…
Keppel Reit’s dilutive purchase of MBFC Tower 3 a gamble on the sensibilities of S-Reit investors
A quick rebound from its sell-off last week might suggest investors are prepared to stomach some DPU dilution for the right deal at the right time It has been a pretty good year for…
Australia to enforce new food pricing rules in crackdown on Coles and Woolworths
Both companies have said they have absorbed rising supplier costs and offered discounts to ease pressure on customers Coles Group and Woolworths Group, Australia’s dominant supermarket…
All Trump Wants for Christmas is a “Triumphal Arc”
Trump’s “triumphal arc” (yes, “arc”) is the latest construction project on his list, which also includes the 90,000-square-foot, $250 million ballroom he’s tearing down the East Wing of…
House Republicans set to vote on 'responsible alternative' to Obamacare
The House will vote this week on a Republican health care package that Speaker Mike Johnson said will provide "clear, responsible alternatives" to Obamacare. Source link
MAGA and Silicon Valley Are Battling for Influence in the White House
President Donald Trump signed an executive order Thursday intended to stop states from regulating AI—an idea that had received a lot of pushback from members of his base. The order didn’t…
Trump’s Support Is Declining Among MAGA Base: Poll
President Donald Trump’s support is starting to waver, even among his staunchest supporters, a new poll shows. Don’t get it twisted—Trump’s approval rating among adults has been in the red…
'Not a priority': GOP Sen. Bill Cassidy criticizes FDA's delay on mifepristone study
Sen. Bill Cassidy said Sunday the Trump administration isn't treating abortion drug safety as a priority. Source link
Climate Change Is Coming for Your Favorite Holiday Foods
Chocolate, vanilla, coffee, cinnamon: The ingredients for your favorite holiday foods are becoming increasingly harder to grow because of climate change. For example, cocoa beans are grown…
GOP Sen. Rand Paul warns the Trump-led redistricting battle could fuel 'more violence'
Sen. Rand Paul is sounding the alarm over President Trump's nationwide redistricting push -- and the Democrats' counterattacks. Source link