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Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial intelligence (AI) products, though it missed the…
MORGAN Stanley is betting that the pound will rally after the UK’s November budget to hit a decade-high next year. The US bank recommends that investors take advantage of any dip before…
THE US Government Accountability Office (GAO) is assessing the risks posed by private credit, in a sign that Washington is further scrutinising the impact of the US$1.7 trillion industry…
The French trade credit insurer is betting on Asia as the global economy’s driving force In a world where global trade faces mounting headwinds, French trade credit insurer Coface is…
Over the five trading sessions from Sep 26 to Oct 2, institutions were net buyers of Singapore stocks with net institutional inflow of S$275 million, partially reversing the S$592 million…
If the 10-nation bloc’s corporates move quickly, the region could see a wave of new European investment and establish a stronger foothold in global supply chains THE European Union has…
Oil prices settled higher on Friday but posted a weekly loss of 8.1 per cent after news of potential increases to Opec+ supply. Brent crude futures closed up 42 cents, or 0.7 per cent, at…
Google said it plans to lay off dozens of workers at its Sunnyvale offices, following job reductions at other large tech firms. Google notified the California Employment Development…
Precision manufacturer Fu Yu Corporation will close its investigations into irregularities at its wholly owned supply chain unit, and will not take further action against the individuals…
Amazon.com chairman Jeff Bezos said that the spending on artificial intelligence resembles an “industrial bubble” that could lead to lost investment but will also make society better off.…
A large majority of them are intending to make an allocation to a private debt fund: Preqin More capital has been flowing into private credit, amid growing interest among accredited…
Across the broader market, gainers beat losers 336 to 247, as 1.6 billion securities worth S$1.7 billion change hands Singapore stocks wrapped up the week with a series of gains, without a…
The project is part of Singapore’s National Hydrogen Strategy, which was launched in 2022 The Republic has appointed a consortium led by global asset manager Keppel for the next phase of a…
Hong Kong stocks fell on Friday (Oct 3) as investors locked in gains after the benchmark index hit a new four-year high in the previous session. At the close, the Hong Kong benchmark Hang…
Seven & i Holdings and other retailers in Japan are warning customers of possible Asahi Super Dry beer shortages after a cyberattack paralysed production and distribution at Asahi Group…
This is for current and savings accounts, including joint ones, with balances of at least S$50,000 In a move to fortify protections against scams, major retail banks in Singapore will…
If artificial intelligence technology fails to meet the high expectations priced in by the market, it could result in a sudden loss of value With artificial intelligence (AI) emerging as…
Despite reporting record quarterly deliveries, Tesla faces worries that the expiration of the US EV tax credit could turn the buying rush into a trickle [AUSTIN, Texas] A group of Tesla…
Undersea servers are kept at a low temperature by ocean currents, rather than the energy-intensive air cooling or water evaporation required by centres on land [NANTONG, China]…
The country plans to add 42.6 gigawatts of renewable energy, almost 61% of the additional power it plans to raise, to its grid by 2034 Indonesia’s state utility firm Perusahaan Listrik…
Global Infrastructure Partners already owns Dallas-based data centre company CyrusOne with KKR BlackRock’s Global Infrastructure Partners (GIP) is in advanced talks to acquire Aligned Data…
Global multi-strategy investment firm Arena Investors is shutting its Singapore office and seeking to reallocate resources elsewhere, according to sources familiar with the matter. The…
Rob Granieri took to the dance floor with long hair flowing from his fedora, shiny jacket glinting and a boutonnière bursting with colour. The wealthy recluse showed off his moves after…
The units are former subsidiaries of an Indonesia-listed company under First Resources Palm oil producer First Resources has disposed of two subsidiaries in Indonesia as it exits the oil…
