Apollo looks to bring private capital to growth tech firms
The alternative asset manager has also been tapping into the startup economy more through its partnership with Cadma Capital Apollo Global Management is partnering with venture capital…
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Culture
Apac private credit to reach US$92 billion in 2027 on wealth boom
The growth of Asia Pacific’s private markets comes against the broader backdrop of mounting headwind The Asia-Pacific private credit market is projected to grow to US$92 billion in 2027…
Meta, Google, and Microsoft Triple Down on AI Spending
While Microsoft didn’t offer a specific forecast for its AI capital expenditures for the next quarter or coming year, the company’s chief financial officer, Amy Hood, said that the…
Tokyo: Nikkei rises to record high before BOJ decision, JGB yield climb
Japan’s Nikkei share average rose to a record high on Thursday, shaking off early weakness, as investors awaited the Bank of Japan’s latest policy decision. Japanese government bond (JGB)…
Bank of Japan seen keeping rates on hold, yen pressure looms
The Bank of Japan is widely expected to keep interest rates steady on Thursday, but reiterate its resolve to continue pushing up still-low borrowing costs to fend off the risk of further…
Samsung’s chip profit soars after AI fuels demand for memory
Memory chip business is a key pillar of the company’s empire, which spans smartphones and home appliances Samsung Electronics’ semiconductor arm reported a stronger-than-expected rise in…
CDL Hospitality Trusts Q3 NPI falls 5.6% to S$34.3 million
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell 5.6 per cent to S$34.3 million for the third quarter ended Sep 30, from S$36.3 million in the year-ago period. Revenue…
Singapore, Vietnam sign memorandum of cooperation on rice trade
‘Securing global and regional partnerships is essential for ensuring a stable supply of rice for Singapore,’ says Minister Grace Fu Singapore and Vietnam on Thursday (Oct 30) signed a…
Stocks to watch: Keppel, Great Eastern, MIT, Hong Leong Asia, CLCT, Starhill Global Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Oct 30): Keppel: Keppel reported an over 5 per cent increase in net profit for the…
Air Traffic Delays Pile Up as Shutdown Drags On
And it will only get worse. Source link
CapitaLand China Trust’s Q3 net property income down 8.5% at 273.5 million yuan
CapitaLand China Trust posted net property income (NPI) of 273.5 million yuan (S$50 million) for its third quarter ended Sep 30, down 8.5 per cent from 298.9 million yuan in the previous…
Far East Hospitality Trust Q3 net property income declines 1% to S$25.9 million
The managers of FEHT maintain a moderate outlook for the stapled trust given the competitive environment Far East Hospitality Trust (FEHT) posted on Thursday (Oct 30) a net property income…
US Fed chair candidate Rieder says Powell was more hawkish than expected
RICK Rieder, an asset manager on the short list of possible candidates to be the next chair of the Federal Reserve, said on Wednesday he feels interest-rate cuts are in line with a…
Keppel vows to use part of cash unlocked in asset monetisation to reward shareholders
Global asset manager and operator Keppel on Thursday (Oct 30) said it would use part of the cash unlocked from its ongoing asset monetisation – including the proposed divestment of M1’s…
Great Eastern Q3 net profit up 36% at S$372 million amid higher new business embedded value
Growth is driven by robust results from shareholders’ fund segment, which is up 45% on the year for the nine months ended Sep 30 Insurer Great Eastern on Thursday (Oct 30) posted a net…
Airbus profit climbs 14% on defence boost
EUROPEAN plane-maker Airbus said Wednesday its third-quarter net profit surged by 14 per cent to 1.1 billion euros (S$1.66 billion) on the back of strong military and helicopter sales.…
Microsoft cloud customers face widespread disruptions
MICROSOFT cloud customers experienced widespread service disruptions on Wednesday after the company said “inadvertent configuration change” affected its widely used Azure service. The bug,…
US Fed cuts rates by 0.25%, Powell signals December move ‘far from’ certain
US Federal Reserve chair Jerome Powell cautioned investors against assuming the US central bank would follow its second straight interest-rate cut with another in December. The Federal…
Senate votes to nullify Trump tariffs on Canada with four Republicans defying Trump
The Senate voted Wednesday to terminate the emergency powers that President Trump used to impose tariffs on products from Canada, a neighbor and major trading partner. Source link
When it’s time to let a star employee go
One of Paramount’s most powerful creative minds has left the production company: Taylor Sheridan, whose major hits like Yellowstone, Landman, and Lioness made him one of Paramount’s most…
Some airlines are providing free meals for unpaid air traffic controllers during government shutdown
America's air traffic controllers missed their first full paychecks of the government shutdown Tuesday, and some airlines are now donating meals to keep them fed. Source link
GOP Senator, 92, Gives Nonsensical Answer to Journo’s Simple Question
Chuck Grassley offered a rambling response that had nothing to do with what he was asked. Source link
Exclusive: Plane inspectors have been recalled by the FAA
In order to keep US aviation operational through the government shutdown, air traffic controllers have been working without pay. But for the people involved in inspecting our planes to…
New documents expose Biden DOJ's 'fishing expedition' into Trump, Republicans during 2024 race
Jaw-dropping whistleblower documents made public Wednesday show the Biden Justice Department secretly cast a massive, investigatory net over the Republican Party, and much of the…