Business
Apple plans AI-powered web search tool for Siri to rival OpenAI, Perplexity
Apple is planning to launch its own artificial intelligence (AI)-powered web search tool next year, stepping up competition with OpenAI…
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Business
Business
NTT Data hedges its AI bets
Global systems integrator NTT Data is navigating the rising tensions between artificial intelligence (AI) giants in the East and West by…
Business
Salesforce projects weak sales growth, fuelling AI anxiety
Salesforce projected lacklustre quarterly sales growth, suggesting its artificial intelligence (AI) product is not yet paying off as…
Business
Europe: Shares close higher as bond selloff cools
EUROPEAN shares ended higher on Wednesday, stabilising as investors assessed fiscal challenges after a selloff in longer-dated bonds had…
Business
Alphabet's stock climbs after judge rules Google won't be forced to sell Chrome
When a federal judge deemed Google a “monopolist” last year, questions lingered about how he would help restore competition in online…
Business
US: Tech shares lead stocks higher ahead of jobs data
Wall Street stocks finished mostly higher on Wednesday following gains by Google parent Alphabet and Apple as markets look ahead to key US…
Business
FACT CHECK? Did Texas Ban Mountain Dew, Claiming It Is Banned in 160 Other Countries?
Late last month, a wave of viral social media posts — racking up thousands of likes and shares — claimed that Mountain Dew, the popular…
Business
mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect operations
Entertainment company mm2 Asia on Wednesday (Sep 3) said the voluntary liquidation of Cathay Cineplexes is not expected to adversely…
Business
Unilever CEO plans shakeup of top 200 managers in overhaul
Unilever chief executive officer Fernando Fernandez expects to replace a quarter of the group’s top 200 managers following a performance…
Business
OpenAI to Introduce Parental Controls, Crisis Detection, and Chat Safeguards to ChatGPT Amid Teen Suicide Lawsuit
New ChatGPT safety updates were released by OpenAI. The measures, designed to make the tool safer for teenagers and people with mental…
Business
US: S&P 500, Nasdaq open higher on Alphabet boost; jobs data on tap
The S&P 500 and the Nasdaq opened higher on Wednesday (Sep 3) after Alphabet gained on a favourable antitrust ruling and investors awaited…
Business
MetaOptics looks to SGX Catalist debut for path to profitability
When Mark Thng first launched MetaOptics Technologies’ operations in June 2021, it was out of a tiny office in Roxy Square. The rent was…
Business
Tesla’s sales collapse continues in Europe’s biggest EV markets
Tesla’s sales slump is dragging on across almost all of Europe’s biggest electric vehicle markets, costing the company significant share…
Business
Nuveen partners with Temasek and Hunter Point for private credit push
Investment manager Nuveen’s private debt arm has partnered with Temasek and Hunter Point Capital, the company said on Wednesday (Sep 3),…
Business
Keppel DC Reit acquires remaining stake in 2 data centres from sponsor Keppel for S$8.4 million
The manager of Keppel DC Real Estate Investment Trust (Reit) has acquired the remaining 51 per cent interest in two artificial…
Business
Singapore stocks dip despite manufacturing rebound; STI down 0.2%
Local equities ended Wednesday (Sep 3) lower, even as data showed that manufacturing in Singapore improved slightly. The sector’s…
Business
CICT should up retail property exposure and reduce exposure to office spaces.
CapitaLand Integrated Commercial Trust (CICT) – the Republic’s oldest and largest real estate investment trust (Reit) – offers investors…
Business
BlackRock loses US$17 billion mandate at Dutch pension fund PFZW
BlackRock has lost a mandate worth US$17 billion with one of the largest pension funds in the Netherlands, amid concerns the world’s…
Business
Major liners’ Ebit margins expected to turn negative in H2 2025
The average earnings margins for the liner businesses of major ocean shipping companies fell to 8.4 per cent in the quarter to June, as…
Business
Major sea carriers’ Ebit margins expected to turn negative in H2 2025
The average earnings margins for the liner businesses of major ocean shipping companies fell to 8.4 per cent in the quarter to June, as…
Business
Thai bonds defy global drop as political crisis fuels rate bets
Thailand’s deepening political crisis is insulating its bonds from the global rout, as growing expectations of further interest-rate cuts…
Business
Big Food goes small: Kraft Heinz bets on simplicity to boost shares
Investment bankers had pitched a breakup to Kraft Heinz for years without success, sources said. The company finally agreed to a split…
Business
GE Aerospace’s Singapore and Malaysia projects to enjoy ‘significant portion’ of new US$75 million investment
Aviation giant GE Aerospace on Wednesday (Sep 3) announced plans to invest US$75 million across its Asia-Pacific (Apac) maintenance,…
Business
CNMC shares strike gold as yellow metal surges again; pure gold play on SGX hits S$0.765 new high
Shares of CNMC Goldmine surged by over 12 per cent on Wednesday (Sep 3) – continuing gains since the release of its outstanding H1 results…