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Goldman set for record advisory year after US$110 million fee on EA’s take-private deal
A 2025 M&A rebound has lifted US bank deal revenue, with Goldman outpacing its rivals[NEW YORK] Goldman Sachs Group’s biggest-ever M&A payday may be the precursor to the bank’s...
SIA posts 67.8% drop in net profit to S$238.5 million for H1 FY2026; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which were not included in previous year’s results[SINGAPORE] National carrier Singapore Airlines (SIA) posted a...
STI inches higher on Thursday, tracking regional benchmarks
[SINGAPORE] Singapore stocks ended higher on Thursday (Nov 13), tracking regional peers.The benchmark Straits Times Index (STI) gained 0.2 per cent or seven points to finish at 4,575.91. Meanwhile,...
LTA greenlights autonomous vehicle testing by WeRide, Grab in Punggol ahead of AV shuttle service’s public launch
An autonomous ride service operated by both companies is expected to take public passengers in Punggol by early 2026 [SINGAPORE] The Land Transport Authority (LTA) has granted approval to...
LTA greenlights autonomous vehicle testing by WeRide, Grab in Punggol Digital District
This comes ahead of the public launch of an autonomous ride service operated by both companies by early 2026 [SINGAPORE] Singapore’s Land Transport Authority (LTA) has granted approval to...
Alibaba prepares major revamp of flagship AI app to rival ChatGPT
[SHANGHAI] Alibaba Group Holding is preparing an overhaul of its main mobile AI app in coming months to help it more closely resemble OpenAI’s ChatGPT, a key step in...
Analysts mixed on ST Engineering amid impairment from iDirect; CGS International upgrades to ‘add’
[SINGAPORE] Analysts are mixed on ST Engineering – in the wake of the non-cash impairment of S$667 million incurred by the group on its satellite communications (satcom) subsidiary iDirect....
MAS to trial issuance of tokenised bills, releases guidelines for AI in financial sector
[SINGAPORE] The Monetary Authority of Singapore (MAS) will be trialling the issuance of tokenised bills to primary dealers, which will then be settled with central bank digital currencies (CBDCs)....
MAS to trial issuance of tokenised bills
[SINGAPORE] The Monetary Authority of Singapore (MAS) announced that it will be trialling the issuance of tokenised bills to primary dealers, which will then be settled with central bank...
ST Engineering shares jump as much as 4.1% on revenue increase, special dividend
[SINGAPORE] Shares of ST Engineering jumped as much as 4.1 per cent on Thursday (Nov 13) after an increase in its nine-month revenue.The counter climbed S$0.34 to S$8.63 as...
