Culture
Rakuten AI boss diverges from big tech in prioritising low cost
RAKUTEN Group is expanding its AI team under the stewardship of a Google veteran and building models with a focus on cost efficiency.Ting Cai, now three years into his...
Mandatory offer for Alpha Integrated Reit at S$0.48 each following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit[SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare...
Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit[SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare...
Stocks to watch: CapitaLand Investment, Ever Glory United
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI) : Bursa-listed CapitaLand Malaysia Trust (CLMT) has agreed...
Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024THE standoff between China and Japan threatens to exacerbate a seasonally weak...
Citigroup to boost Japan investment banking team on deal boom
Other banks are strengthening their investment banking operations in Japan as well CITIGROUP will further increase its investment banking team in Japan to capitalise on a record-breaking boom in...
US bars approvals of new models of DJI, all other foreign drones
DJI, the world’s largest dronemaker, sells more than half of US commercial drones[WASHINGTON] The Federal Communications Commission said on Monday it is adding China’s DJI, Autel and all foreign-made...
US freezes five big offshore wind projects, shares dive
THE Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the US East Coast over what it called national security concerns, sending shares...
US stocks push higher while gold, silver notch fresh records
WALL Street stocks pushed higher on Monday to begin a holiday-shortened trading week, while oil prices rallied amid worsening tensions between the United States and Venezuela.Gold and silver also struck fresh...
European shares muted at start of holiday-shortened week
EUROPEAN shares were little changed on Monday, with beverage stocks weighing on the index, as investors navigated a holiday-shortened week on a tepid note after a record close in the previous...
