Business
AI boom turns Asian data centres into magnets for loan deals
Artificial intelligence advances are fuelling a funding frenzy for data centres in Asia, spawning a series of record-breaking loans and…
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Business
Business
Singapore shares rise on Monday; STI up 0.3%
Singapore shares ended higher on Monday (Mar 24), bucking a regional trend. The Straits Times Index (STI) rose 0.3 per cent or 9.88 points…
Business
More potential data centre acquisitions, exclusive deals for Keppel DC Reit
The manager of Keppel DC Real Estate Investment Trust (Keppel DC Reit) plans to capitalise on sponsor Keppel’s intended expansion of its…
Business
BlackRock shifts to US junk bonds with ECB set to slow rate cuts
BlackRock is taking advantage of recent outperformance in European credit markets to sell some junk bonds there and buy more in the US in…
Business
Malaysia central bank sees significant growth hurdles ahead
Malaysia’s central bank said that growth risks loom large in its monetary policy considerations, as brewing global trade disputes and…
Business
Ex-Citigroup Asia managing director Shaw sues bank in Hong Kong
Philip John Shaw, a former head of Pan-Asia Execution Services at Citigroup, sued the US bank to contest his summary dismissal in March…
Business
Global investors tout improving China sentiment at Milken event
Global investors are seeing signs of improving sentiment towards China, though it will take more conviction for big, long-only funds to…
Business
Japan's Nikkei dips as looming US tariff deadline spurs caution
Japan’s Nikkei share average declined for a third straight session on Monday (Mar 24) as uncertainty ahead of a looming deadline for…
Business
Temasek’s asset manager Seviora expands to the Middle East
Seviora Group, an asset manager that is wholly owned by Temasek, is widening its reach by opening its first office in the Middle East.…
Business
DFI up 5.8% on sale of Singapore food business
It is selling its Singapore food business to South-east Asian retail conglomerate Macrovalue (Malaysia) for an initial purchase price is…
Business
Jardine’s DFI says S$125 million sale of Singapore food business not price-sensitive, but investors disagree
Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) explained why it did not announce the divestment of its…
Business
Sinopec’s 2024 net profit drops 16.8% due to falling oil prices, NEVs
China Petroleum & Chemical Corporation, known as Sinopec, reported a 16.8 per cent decline in 2024 net profit, citing lower crude oil…
Business
DFI sells Singapore food business, including Cold Storage and Giant, for S$125 million to Macrovalue
Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) announced the divestment of its Singapore food business to…
Business
Malaysia to tighten semiconductor regulations under US pressure: FT
Malaysia plans to tighten regulations on semiconductors as it comes under US pressure to staunch the flow to China of chips crucial to the…
Business
M.M. LaFleur Taps Jennifer Cote as Design Director
THIS STORY IS EMBARGOED UNTIL MARCH 24 AT 12:01 A.M. M.M. LaFleur has named Jennifer Cote as design director, the first time the…
Business
National Grid confirms Heathrow had power access during shutdown
The chief executive of the National Grid has confirmed power was available to keep Heathrow open throughout Friday's shutdown. In an…
Business
Jack Ma-backed Ant touts AI breakthrough built on Chinese chips
Jack Ma-backed Ant Group used Chinese-made semiconductors to develop techniques for training artificial intelligence (AI) models that…
Business
Asia: Markets fluctuate as traders prepare for ‘Liberation Day’
Asian markets swung on Monday as the White House prepares to impose tariffs on key trading partners next week that many fear could deal a…
Business
NHS maternity care: What are the problems at the heart of its failures?
Michael Buchanan Social Affairs Correspondent By the entrance to Furness General Hospital in Barrow-in-Furness sits a sculpture of a moon…
Business
BOJ to raise rates if price outlooks to be achieved, deputy governor says
The Bank of Japan would continue raising interest rates if the central bank’s outlooks on the economy and prices are likely to be…
Business
Bank of Japan says to raise rates if price target to be achieved, despite losses on JGBs
Bank of Japan (BOJ) Governor Kazuo Ueda said on Monday (Mar 24) that the central bank will continue to raise interest rates if its…
Business
Tencent upgrades AI model to compete with DeepSeek, Alibaba
Tencent Holdings unveiled an upgraded artificial intelligence (AI) reasoning model, the latest bid by China’s most valuable company to…
Business
Gold edges higher on safe-haven demand, Fed optimism
Gold edged higher on Monday (Mar 24) as concerns over US President Donald Trump’s impending reciprocal tariffs and the potential for…
Business
John Cooper Clarke: 'A national treasure? I hate that'
Ian Youngs Culture reporter John Cooper Clarke is about to become the first poet to headline a UK arena, and is responsible for the lyrics…