Culture
GIC, Brookfield agree to S$3.4b deal for Sydney-listed National Storage
Singapore sovereign fund and the global alternative asset manager will pay A$2.86 per unit in cash[SINGAPORE] Singapore’s GIC and Australia’s Brookfield Asset Management have agreed on a binding deal...
India regulator orders IndiGo CEO to explain mass cancellation
Disruption in IndiGo’s services has made the ongoing crisis one of the country’s worst air disruptions[NEW DELHI] Indian regulators held IndiGo’s chief executive accountable for the severe disruptions that...
Fed likely to trim rates again this week, but it could be a ‘hawkish’ cut
Futures markets are pricing in a near certainty that it will cut rates by another quarter of a percentage point, bringing them down to a range of between 3.5% and...
Wall Street bets Chinese stocks will extend US$2.4 trillion rally
Investor perception towards China has shifted from one of scepticism to a recognition[NEW YORK] China has won back global funds in a banner year for stocks, with investors anticipating...
SoftBank in talks to buy data-centre investor DigitalBridge
[TOKYO] SoftBank is in talks to acquire DigitalBridge Group, a private equity firm that invests in assets such as data centres, as it seeks to take advantage of an...
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
[NEW YORK] Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut interest rates...
BioFresh and Energy Savings – Preserving Vitamins for Peak Performance, Saving Money with Energy
Peak performance doesn’t begin in the boardroom – it begins in the kitchen. As a young CEO in Singapore, you’re managing pitch meetings, board calls across time zones, and...
Apple sends new round of cyberthreat notifications to users in 84 countries
The company is regularly warning users who may have been targeted by state hackers[WASHINGTON] Apple has sent a new round of cyberthreat notifications to users in 84 countries, the...
Ikea to ramp up US production as tariffs bite
The push for local production aims to support its expansion in the US, its second-biggest market, and the wider region[LONDON/STOCKHOLM] Ikea plans to source more products from factories in...
X hit with 120 million euros EU fine for breaching content rules, TikTok settles
Europe’s Big Tech crackdown to boost competition and consumer choice has drawn criticism from Trump’s administration[BRUSSELS] Elon Musk’s social media company X was fined 120 million euros (S$181 million)...
Manulife Singapore launches AI hub to groom talent
It is among 11 financial institutions working with IBF and MAS to pilot workforce development initiatives alongside adoption of artificial intelligence[SINGAPORE] Manulife Singapore on Friday (Dec 5) launched its...
UOBKH initiates coverage on UltraGreen.ai with ‘buy’ on optimistic growth outlook
The company is well-positioned to benefit from potential growth in the fluorescence-guided surgery market, say UOBKH analysts[SINGAPORE] UOB Kay Hian (UOBKH) initiated coverage on medical technology company UltraGreen.ai with...