Fashion
Warner Bros likely to reject Paramount’s latest hostile bid, source says
WARNER Bros Discovery will likely reject Paramount Skydance’s amended US$108.4 billion hostile bid for the storied Hollywood studio despite a personal guarantee from billionaire Larry Ellison backing the media...
US Fed officials showed deep divisions at December meeting: minutes
THE US Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the US economy right now, according to...
SoftBank has completed its US$40 billion investment in OpenAI
It has been building one of the largest private technology investment programmes in the world, with a particular focus on AI and related infrastructure[BENGALURU] Softbank has completed its US$40...
Cambridge Artificial Intelligence and Incredible Holdings have entered a non-binding MOU to explore the transaction
Cambridge Artificial Intelligence and Incredible Holdings have entered a non-binding MOU to explore the transaction [SINGAPORE] Electronics and consumer goods company Incredible Holdings could be the target of a...
Co-living provider The Assembly Place files preliminary prospectus for Catalist IPO
Proceeds will be used to grow the company’s portfolio, including its expected expansion into Malaysia[SINGAPORE] Co-living operator The Assembly Place on Monday (Dec 30) lodged a preliminary prospectus to...
Singapore: 6 Motorists to be Charged for Speeding in Heavy Vehicles Without Speed Limiters
Six motorists aged between 30 and 50 will be charged in court on Tuesday, December 30, for speeding offences involving heavy vehicles that were not fitted with speed limiters.The...
Southern California has an unlikely AI mecca: the very industrial Vernon
Five miles south of downtown Los Angeles, a single industrial block in Vernon is drawing as much electricity as a small town.Inside a three-story, 242,000-square-foot building known as LAX01,...
Acquisition will be completed in second half of 2026 and make SUTL Enterprise the largest owner-operator of integrated marinas in Singapore
Acquisition will be completed in second half of 2026, making SUTL Enterprise the largest owner-operator of integrated marinas in Singapore [SINGAPORE] Marina developer and operator SUTL Enterprise (SUTL) will...
Renminbi climbs past 7 per US dollar onshore for first time since 2023
A stronger currency makes imports cheaper, and aids China authorities’ long-term goal of internationalising the currency[HONG KONG] The renminbi strengthened beyond the key seven per US dollar level in...
Indonesia to cut mining output quotas to support prices
It’s to ensure the prices of mineral commodities are “rational”, allowing the government in turn to earn more revenues[JAKARTA] The Indonesian government will cut mining output quotas in order...
From Eggslut to 1880: Despite 2025’s closures, Singapore’s retail and entertainment sectors are not shrinking, say observers
Exits by notable brands from Cathay Cineplexes to Eggslut likely signal market recalibration rather than a contraction, they say[SINGAPORE] Singapore’s retail and entertainment landscape faced high-profile closures and downsizing...