Culture
UBS’s Iqbal Khan sees rich customer demand for alternative assets
[HONG KONG] Wealthy customers of UBS Group are looking to buy more alternative assets as they seek to diversify investments during a volatile period for markets and global trade,...
Gold stages rebound as US dollar, Treasury yields slip
Published Wed, May 28, 2025 · 09:38 AM[BENGALURU] Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields...
SingHealth Duke-NUS’ AI spinoff inks MOUs with Roche, ST Engineering to improve healthcare operations
[SINGAPORE] Enigma Health, a healthcare artificial intelligence (AI) spinoff from SingHealth Duke-NUS Academic Medical Centre, has inked separate memorandums of understanding (MOUs) with Swiss pharmaceutical giant Roche and Singapore...
Stocks to watch: OCBC, Amara, Valuetronics
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 28).OCBC: The bank announced on May 27 key leadership changes to its...
Salesforce to buy Informatica for US$8 billion to bolster AI data tools
[NEW YORK] Salesforce said on Tuesday (May 27) it would buy Informatica for about US$8 billion, betting on the data management platform to sharpen its competitive edge in the...
GM to invest US$888 million for engine production at New York facility
Published Wed, May 28, 2025 · 07:39 AM[DETROIT] General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,...
TSMC to open chip design centre in Munich, could later support AI development
[AMSTERDAM] Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, said on Tuesday (May 27) it will open a design centre in Munich, Germany, which could at a...
Apple to debut dedicated gaming app within days of Switch 2’s arrival
[LOS ANGELES] Apple is planning a dedicated app for video games on its devices, seeking to sell gamers and developers on the idea that it’s a leader in the...
Europe: Shares gain on defence boost, tariff delay aids sentiment
EUROPEAN shares closed higher on Tuesday with defence stocks boosting the market after US President Donald Trump threatened additional sanctions on Russia, while optimism lingered from the delay of US...
US will have golden share in Nippon Steel’s takeover of US Steel, lawmaker says
[TOKYO] The US government will have veto power over key decisions relating to US Steel, as part of a deal with Nippon Steel that would approve the Japanese firm’s...
