Microsoft launches AI QuickStart programme for SMEs
Backed by IMDA and UOB, the scheme supports digitally mature firms in rolling out artificial intelligence solutions Microsoft on Friday (Feb 6) launched a programme to support small and…
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Fashion
Keppel’s special dividend yet to include billion-dollar sale of M1
Keppel’s proposed special dividend of S$0.13 per share helped push the company’s shares up over 6 per cent in a single day. The special dividend, driven by Keppel’s “strong progress in…
China’s easy money floods metals markets as real economy falters
Copper, gold and silver all hit record highs, and activity on Chinese futures markets has soared ample cash but fewer investment options, Chinese speculators have fanned a…
Japan’s Kirin sells Four Roses bourbon as US whisky market cools
Concerns over the impact of US President Donald Trump’s tariffs also continue to weigh on the sector Japanese brewer Kirin Holdings said that it will sell its Four Roses bourbon…
Former Japan currency chief says FX intervention should be backed by rate hikes
Nakao warned that the yen could weaken further if the BOJ was slow to raise interest rates Currency intervention using Japan’s foreign exchange reserves can deliver an immediate…
Inside Singapore’s largest silver vault: How is the metal stored and handled?
It’s not just gold; interest in silver has also picked up among investors here and globally. The white metal’s price crossed US$100 per troy ounce on Jan 23. Since then, though, volatility…
Rolls-Royce admits Thai Airways shortfall, plots aggressive regional comeback
RR is rolling out the final phase of its upgraded Boeing 787 engine, the Trent 1000 XE, this quarter After years of damage control over its Boeing 787 engines, Rolls-Royce (RR) – one of…
Offer for Low Keng Huat turns unconditional with 95.5% of shares secured
Managing director Marco Low and his family are taking the company private at S$0.78 per share The privatisation bid for construction and property developer Low Keng Huat (LKH) has turned…
First Reit H2 DPU falls 10.3% to S$0.0104 on weaker rupiah and yen
Distributable income for the second half declines 9.3% to S$22 million, from S$24.3 million First Real Estate Investment Trust (Reit)’s distribution per unit (DPU) for the second half of…
Aster to complete Singapore refinery expansion, berth works in second-half of 2026
Singapore’s Aster Chemicals and Energy expects to complete several projects in the second half of this year to raise its refining capacity and import oil on supertankers to lower…
Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025 Danish shipping company Maersk plans to cut jobs and…
BNP Paribas vows more cost cuts after profit tops forecast
BNP reported net income of 2.97 billion euros (S$4.46 billion) for the three months ending in December Paribas nudged up its 2028 profitability target on Thursday (Feb 5) and…
Grab to equip 10,000 drivers, merchants with AI skills by 2028
This aligns with efforts by policymakers to future-proof workers as AI reshapes business models and jobs Grab aims to train 10,000 drivers and merchants on its platform with artificial…
Bitcoin slumps with key US$70,000 level in sight
Bitcoin was on the cusp of breaking below the key US$70,000 level on Thursday (Feb 5) as a slide in the world’s largest cryptocurrency showed no signs of stopping. Bitcoin tumbled…
BYD shifts to local parts in Brazil factory in bid for market leadership
Since October, the automaker has produced about 25,000 cars at the industrial complex Chinese automaker BYD is aiming to produce and source 50 per cent of its vehicle components…
Trillion-dollar tech wipeout ensnares all stocks in AI’s path
There have been many artificial intelligence (AI)-driven sell-offs in the three years since ChatGPT burst into the mainstream. Nothing, though, quite rivals the rout rippling…
Asia shares falter as global tech sell-off spooks investors
Investors have been rotating out of technology giants and into cyclical stocks amid fears of AI disruptions to jobs Asian stocks faltered as concerns about the exploding costs of…
Labor unions urge Gov. Gavin Newsom, California lawmakers to rein in artificial intelligence
SACRAMENTO — National union leaders, including the head of one of California’s largest labor organizations, on Wednesday urged Gov. Gavin Newsom to protect workers as artificial…
Gold rises over 1% as geopolitical, economic tensions lift precious metals
Labour market weakness typically strengthens the case for interest rate cuts aimed at supporting job creation Gold climbed more than 1 per cent on Thursday (Feb 5), hovering near…
Stocks to watch: Keppel, SGX, CapitaLand China Trust, Aims Apac Reit, Digital Core Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Feb 5): Source link
China ramps up energy boom flagged by Musk as key to AI race
New data on China’s relentless energy installations underscore warnings from Elon Musk and Jensen Huang that the nation’s world-beating power network will deliver a major advantage…
Google parent Alphabet says it could double capital spending in 2026
The big cloud companies are expected to collectively shell out more than US$500 billion on AI this year Alphabet said on Wednesday (Feb 4) that capital expenditure could as much as…
US software stocks hit by Anthropic wake-up call on AI disruption
software stocks extended their slide on Wednesday, driven by fears of disruption caused by artificial intelligence, with some analysts warning of more volatility as investors…
GSK profit lifted by HIV, asthma drugs in boost to new CEO
Its adjusted earnings per share rises to 25.5 pence, higher than analysts’ expectations reported better-than-expected profit in the fourth quarter, buoyed by its human…