Business
OpenAI recruits ex-bankers to train AI to eliminate banking grunt work
Participants are paid US$150 per hour to write prompts and build financial models for a range of transaction types OpenAI has more than…
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Business
Business
Walmart Adds Select Sneakers From Stadium Goods to Marketplace Platform
Walmart is continuing to invest in high-demand footwear via its latest collaboration with Stadium Goods. Manish Joneja, executive vice…
Business
Soilbuild Construction mulls spin-off, SGX listing of precast and prefab business
Potential listing will be subject to market conditions, commercial negotiations and relevant regulatory and approvals Soilbuild…
Business
Soilbuild Construction mulls spinoff, SGX listing of precast and prefab business
Potential listing will be subject to market conditions, commercial negotiations and relevant regulatory and approvals Soilbuild…
Business
Overnight Wall Street rally lifts Singapore counters; STI rises 1.2%
Across the broader market, gainers outnumber decliners 429 to 199 after 1.6 billion securities worth S$1.7 billion change hands An…
Business
Global carmakers race to beat China’s rare earths deadline
[LONDON/BERLIN] Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives…
Business
Seatrium must manage its risks well as it tackles offshore headwinds
The company’s best defence is to broaden its non-oil and gas portfolio, in both geography and technology The unexpected termination of a…
Business
Japan warns Vietnam of job losses as Hanoi petrol-powered motorbikes ban hits Honda
The ban could result in production interruptions and the risk of bankruptcy for companies in the supply chain [HANOI/TOKYO] The Japanese…
Business
Chipmaker CXMT plans Shanghai listing with 300 billion yuan valuation: sources
[BEIJING/SINGAPORE] Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offer in Shanghai as soon as the…
Business
US-Australia rare earths deal is a start but won’t shake China dominance any time soon
US and Western allies seek to loosen China’s grip amid rising trade and security tensions Donald Trump’s backing of Australia’s critical…
Business
Swiss Watch Exports to U.S. Halved in September
PARIS – The U.S. lost its crown as the top market for Swiss watch exports in September. Exports to the country slumped 55.6 percent in the…
Business
Sea CEO Forrest Li sees path to US$1 trillion market cap with help of AI
But the company is battling deep-pocketed global challengers, including TikTok Shop and Lazada SEA founder Forrest Li told employees that…
Business
Shares of doormaker surge as it secures planning permit for student accommodation in Australia
Shares of Singapore doormaker HS Optimus surged on Tuesday (Oct 21), after it secured a permit for a 14-storey purpose-built student…
Business
Gold hovers near record high on safe-haven demand, US rate-cut bets
The shutdown has delayed key economic data releases, leaving investors and policymakers in a data vacuum ahead of the Federal Reserve’s…
Business
Arm expands AI licensing program to boost on-device AI market share
Arm Holdings said on Monday (Oct 20) that it is expanding its Flexible Access licensing program to cover its Armv9 edge artificial…
Business
Mandarin Oriental shares surge 36.7% on privatisation offer, Jardine Matheson up 7%
Shares of hotel chain Mandarin Oriental surged 36.7 per cent on Tuesday (Oct 21) on the back of a privatisation offer from controlling…
Business
Mandarin Oriental shares surge 36.3% on privatisation offer, Jardine Matheson up 7.5%
Shares of hotel chain Mandarin Oriental surged as much as 36.7 per cent on Tuesday (Oct 21) on the back of a privatisation offer from…
Business
Mandarin Oriental shares surge 36.3% on privatisation offer, Jardine Matheson up 7.8%
Shares of hotel chain Mandarin Oriental surged as much as 36.7 per cent on Tuesday (Oct 21) on the back of a privatisation offer from…
Business
BHP bets on iron ore resilience despite China slowdown; Q1 output misses
BHP Group on Tuesday struck an upbeat note on global iron ore demand even as it warned of cooling growth in China, while first-quarter…
Business
Stocks to watch: Genting Singapore, Jardine Matheson, Mandarin Oriental, Parkway Life Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 21): Genting Singapore: The…
Business
China dominates in global market as exports of valuable commodity double in just 1 year: 'Golden September'
China has announced that its electric vehicle exports in September doubled from a year ago after car manufacturers expanded into…
Business
Ripple-tied treasury firm to raise over US$1 billion to go public
The companies have funded tens of billions of US dollars purchases of their target tokens and enjoyed hefty premiums when investors were…
Business
Chip crunch: how the AI boom is stoking prices of less trendy memory
The global rush by chipmakers to produce AI chips is tightening supply of less glamorous chips used in smartphones, computers and servers,…
Business
Nomura asset’s new Japan retirement help team is run by retirees
Among the risks that investors in the country face are demographic trends such as shrinking birthrates, an ageing population and longer…