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JD.com’s supply-chain technology unit has started taking investor orders for a Hong Kong initial public offering (IPO) that may raise as much as HK$3.3 billion (S$549 million), capping…
Amazon.com’s cloud unit raced to get the latest version of its artificial intelligence (AI) chip to market, renewing efforts to sell hardware capable of rivalling products from Nvidia and…
Oil prices declined 1 per cent on Tuesday (Dec 2) as markets weighed faltering Russia-Ukraine peace hopes against fears of oversupply. Brent crude futures settled 72 US cents lower, or…
US stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday (Dec 2), buoyed by gains in technology shares as expectations the US Federal Reserve will…
European shares struggled to find direction on Tuesday (Dec 2) as caution lingered in the wake of the previous day’s losses, while Bayer rocketed on the US administration’s backing for…
A self-driving Waymo taxi hit a dog in San Francisco, reigniting a heated debate over autonomous vehicle safety just weeks after one killed a popular neighborhood cat. On Sunday, around 8…
Vinci, the brain behind a physics-driven artificial intelligence (AI) platform for hardware design and simulation, raised US$46 million in seed and Series A funding, it said on Tuesday…
The public tranche of the Singapore initial public offering (IPO) of medical imaging and surgery technology firm UltraGreen.ai notched a subscription rate of 4.5 times, with more than a…
[TOKYO/YOKOHAMA] Nomura’s chief executive officer vowed to build on the company’s earnings revival by strengthening businesses across the board, ranging from wealth to asset management and…
ISS shares slumped in Copenhagen amid concerns over the Danish company’s role in the renovation of a Hong Kong apartment fire where a deadly fire broke out on Nov 26. The stock slid as…
Citi plans to keep about 24,000 tons in Singapore, while 88,000 tons will likely go to Taiwan or Malaysia Citigroup will move most of its lead stocks from Singapore to Malaysia or Taiwan…
Prada heir Lorenzo Bertelli will become executive chairman of Versace once the integration is complete Prada said on Tuesday (Dec 2) it had completed the acquisition of smaller Italian…
Taiwan prosecutors said on Tuesday (Dec 2) they had charged Tokyo Electron’s Taiwan unit with violating the National Security Act and the Trade Secrets Act after a former employee was…
Across the broader market, there are 288 gainers and 236 decliners, with 1.3 billion securities valued at about S$1.3 billion transacted Singapore shares had a mixed showing on Tuesday…
The bank announces it will be returning up to RM2 billion of capital to shareholders by end-2027 Analysts are maintaining their bullish stance on Malaysian bank CIMB Group Holdings…
Saudi National Bank is seeking a US$1 billion syndicated loan, continuing a borrowing rush by the kingdom’s lenders that are helping finance a US$2 trillion economic overhaul. DBS Bank and…
Private equity (PE) executives in the Asia-Pacific are the least fazed by geopolitical uncertainty when it comes to making deals, compared with their counterparts in other parts of the…
The property at 51 Merchant Road is being sold at about 78% over book value to an unnamed real estate player Raffles Education has sold its corporate building at 51 Merchant Road for…
Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value Raffles Education has sold its corporate building at 51 Merchant Road for…
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management business…
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management business…
Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations. The country expects its contribution to help fund…
Bukit Sembawang Estates has been identified as a “potential dividend powerhouse” by DBS Group Research, which sees the possibility of a special dividend of up to S$1 per share on the…
Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in the country for assembly and testing operations.…
