Business
EU considers forced tech transfers for Chinese investments
The European Union is considering forcing Chinese firms to hand over technology to European companies if they want to operate locally, in…
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Business
Business
Apple to build upcoming HomePod with screen, tabletop robot in Vietnam
The tech giant already produces some iPads, AirPods, Apple Watches, Macs and older HomePods in the country Apple is preparing to expand…
Business
Stocks to watch: Seatrium, Centurion, Stoneweg Europe Stapled Trust, Ever Glory
The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 15): Seatrium: The offshore and…
Business
Stocks to watch: Seatrium, Centurion, Stoneweg Europe Stapled Trust, Ever Glory United
The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 15): Seatrium: The offshore and…
Business
China flexes superpower status using rare earths in global supply chain grab
China’s sweeping new restrictions on rare earth exports mark its first major effort to police the global flow of critical minerals it…
Business
Singapore’s GIC seeks redemption from Jefferies’ Point Bonita
Other investors seeking redemptions include BlackRock, Morgan Stanley’s asset-management arm and Texas Treasury Safekeeping Trust…
Business
CGSI launches portfolio strategy focused on new listings and secondaries in Asean, Hong Kong
As investors turn to Asia for growth amid uncertainty in US markets, CGS International Securities (CGSI) is rolling out a new…
Business
Stellantis to invest US$13 billion in the United States
The investment will infuse new capital into plants in Michigan, Illinois, Ohio and Indiana Stellantis announced a US$13 billion investment…
Business
Europe: Trade jitters drag shares lower; France stays in focus
EUROPEAN stocks slipped on Tuesday, weighed down by fresh jitters over US-China trade tensions and a sharp drop in Michelin shares, while…
Business
US Fed’s Collins says it’s prudent to ease a bit more in 2025
Investors are betting that Fed officials will cut rates when they gather at the end of the month, according to pricing in futures…
Business
US: Wall Street ends mixed; banks rally on upbeat results
WALL Street ended mixed on Tuesday as investors digested mostly positive quarterly results from big US banks, comments from Federal…
Business
Salesforce to invest $15 billion in San Francisco to advance AI
Software giant Salesforce is planning to invest $15 billion in San Francisco over the next five years to strengthen the city’s dominance…
Business
Bibin Prathap Launches Space AI: Pioneering a New Era of Trustworthy Enterprise Intelligence
Internationally acclaimed AI strategist and technologist Bibin Prathap has officially launched Space AI, a next-generation enterprise…
Business
Creative Infrastructure: Weilong Gao on Building Economic Access Through Design
When the OpenAI team finally unveiled GPT-5, and while it didn't introduce many new features, people had already grown accustomed to…
Business
Goldman Sachs plans more job cuts to boost savings, leverage AI push
Goldman Sachs Group told staffers to expect an additional round of job cuts this year as the bank seeks further savings across its…
Business
AMD says Oracle is pledging widespread use of new AI chips
Advanced Micro Devices (AMD), Nvidia’s nearest rival in artificial intelligence (AI) processors, said Oracle will deploy a large batch of…
Business
Catalist-listed Ever Glory United proposes transfer to SGX mainboard
This is in line with its long-term strategy, says the engineering services provider Engineering services provider Ever Glory United…
Business
Centurion Corp acquires London site for S$71 million to develop student housing
Acquisition marks Centurion’s entry into London, the sixth city within its UK portfolio Mainboard-listed Centurion Corp has acquired a…
Business
Centurion Corp acquires London site for £41 million to develop student housing
Acquisition marks Centurion’s entry into London, the sixth city within its UK portfolio Mainboard-listed Centurion Corp has acquired a…
Business
Walmart partners with OpenAI to offer shopping on ChatGPT
The firms are jointly creating a certification programme to train employees on effectively using AI at work Walmart is teaming up with…
Business
IMF warns of dim outlook for world economy hit by rolling shocks
The global economy is expected to grow by 3.2% this year, up from 3% predicted in July The International Monetary Fund warned that the…
Business
JPMorgan lifts interest income forecast after profit beats estimates
JPMorgan Chase raised its full-year forecast for net interest income (NII) on Tuesday (Oct 14), after strong performance in its trading…
Business
Wall St opens lower on US-China tensions; bank results pour in
Wall Street’s main indexes opened lower on Tuesday (Oct 14) with renewed trade tensions between US and China souring sentiment, while…
Business
Citi revenue beats in every division as compensation costs climb
Citigroup beat Wall Street revenue estimates across all five of its major business lines, a haul that’s helping the firm manage rising…