Culture
Novartis strikes deal with UK biotech for up to US$1.7 billion
Novartis is on a deal spree this year, including the US$12 billion acquisition of Avidity Biosciences [BASEL] Novartis will pay UK biotech Relation Therapeutics as much as US$1.7 billion...
BOJ’s Ueda says Japan is getting closer to sustainable inflation
Markets bet the central bank will lift rates to 0.75%, the highest since 1995, on Dec 19[TOKYO] Bank of Japan (BOJ) governor Kazuo Ueda said the central bank is...
EU launches antitrust probe into Google’s use of online content for AI purposes
It wants to know whether Google is distorting competition by imposing unfair terms and conditions on publishers and content creators[BRUSSELS] The European Commission has opened an antitrust probe to...
India aviation regulator asks IndiGo to cut 5% of winter flights
The government has launched an investigation into how the airline ended up in its predicament[NEW DELHI] India’s aviation regulator ordered IndiGo to cut flights by 5 per cent on...
India’s biggest airline IndiGo says operations ‘back to normal’
[NEW DELHI] India’s biggest airline IndiGo said on Tuesday (Dec 9) its operations had stabilised after it cancelled thousands of flights, triggering days of airport chaos – sparked by...
South Korea police raid e-commerce giant Coupang over data leak
Personal information of 33.7 million customers had been leaked – almost two-thirds of the population[SEOUL] South Korean police raided the Seoul headquarters of e-commerce giant Coupang on Tuesday (Dec...
Australia’s central bank holds rates steady, signals no rush to hike
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending[SYDNEY] Australia’s central bank on Tuesday (Dec 9) left...
Singapore-focused investors look to tech sector for growth: poll
[SINGAPORE] Even as the tech sector takes a beating across the world, Singapore-focused investors believe it will attract the most investment across the next three years.This view was held...
Google says first AI glasses with Gemini will arrive in 2026
Competition is heating up in the emerging category of AI and augmented reality, or AR, glasses[NEW YORK] Alphabet’s Google said that it’s working to create two different categories of...
Chinese clean-energy foreign investment surging, says think tank
CHINESE foreign investment in green power jumped to US$80 billion in the past year as Beijing leveraged its dominance in energy transition technologies, according to Climate Energy Finance (CEF).The...
