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THE US Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the US economy right now, according to minutes of the…
Tatiana Schlossberg, the granddaughter of former US president John F. Kennedy, has died aged 35 after a battle with blood cancer, only six weeks after she publicly shared her diagnosis.…
It has been building one of the largest private technology investment programmes in the world, with a particular focus on AI and related infrastructure Softbank has completed its US$40…
Wall Street’s main indexes opened muted on Tuesday (Dec 30), a day after logging their steepest one-day decline in nearly two weeks as technology stocks came under renewed selling…
Cambridge Artificial Intelligence and Incredible Holdings have entered a non-binding MOU to explore the transaction Electronics and consumer goods company Incredible Holdings could be the…
Proceeds will be used to grow the company’s portfolio, including its expected expansion into Malaysia Co-living operator The Assembly Place on Monday (Dec 30) lodged a preliminary…
Five miles south of downtown Los Angeles, a single industrial block in Vernon is drawing as much electricity as a small town. Inside a three-story, 242,000-square-foot building known as…
Artificial intelligence’s insatiable appetite for data storage has delivered Japanese memory chipmaker Kioxia Holdings world-beating stock gains this year, a sign that the AI boom is alive…
Exits by notable brands from Cathay Cineplexes to Eggslut likely signal market recalibration rather than a contraction, they say Singapore’s retail and entertainment landscape faced…
Trump’s administration has been re-examining export controls that it thought were too relaxed under the Biden administration The US government has granted an annual licence to Samsung…
Cutting interest rates by a little might prove ineffective in a scenario where households and businesses are reluctant to take on debt CHINA has kept its central bank on the sidelines of…
With more than 300 companies filing to list, the momentum is set to carry into 2026 [SINGAPORE/HONG KONG] Six Chinese companies made their Hong Kong trading debuts on Tuesday (Dec 30)…
With more than 300 companies filing for IPOs, the momentum is set to carry into 2026 [SINGAPORE/HONG KONG] Several Chinese companies that raised about HK$7 billion (S$1.2 billion) combined…
The new Brickland station, between Chao Chu Kang and Bukit Gombak stations on the North South line, is targeted to commence passenger service in 2034 The Land Transport Authority (LTA) has…
US President Donald Trump teased that he has a preferred candidate to be the next chair of the US Federal Reserve, but is in no hurry to make an announcement, while also musing that he…
Beijing’s campaign to reduce industrial excesses further supported domestic prices Chinese stocks look set for their strongest showing since 2017, after a technology-driven bull run…
The country-focused PE firms have also been hunting overseas. The buoyant mood around deals is reverberating through Asia, with major markets such as China picking up the pace after a…
Meta Platforms has agreed to acquire Singapore-based artificial intelligence (AI) startup Manus, which makes an AI agent that it sells to small and medium-sized businesses. The deal is…
AI agents are tools that do not need human supervision to perform specific digital tasks Meta Platforms has agreed to acquire Singapore-based startup Manus, adding a popular artificial…
Other lenders have also scaled back, with Goldman Sachs gaining approval earlier this year to sell its business in Russia Citigroup said that it expects to post a roughly US$1.1 billion…
As HSBC Asset Management’s CEO for South-east Asia and Singapore, he ensures the bank’s teams gel and tracks changes in clients’ needs AS THE chief executive for South-east Asia and…
Markets, anti-money laundering, private banking, corporate sales, operations – there is little that Lee Lung-Nien has not done in his 35-year career at Citi. The 61-year-old has also taken…
Strong Chinese waterborne crude imports are also helping tighten oil markets, said UBS analyst Giovanni Staunovo Oil prices settled more than US$1 a barrel higher on Monday (Dec 29) as…
President Donald Trump appeared to casually confirm what may have been the first U.S. land strike in Venezuela during an extensive radio interview last week — a remark that largely flew…
