Business
GIC, Temasek revamp how they deal with hedge funds
APORE’S two largest state-owned investors are making major changes to the way they work with hedge funds, in moves that could affect…
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Hongkong Land jumps 5% briefly to 10-year high on Singapore private fund launch
Counter gives up some gains later in the morning; new fund includes company’s stakes in Marina Bay Financial Centre Towers 1 and 2, Marina…
Business
Hongkong Land closes 0.6% lower after hitting 10-year intraday high on Singapore private fund launch
New fund includes company’s stakes in Marina Bay Financial Centre Towers 1 and 2, Marina Bay Link Mall and One Raffles Quay Shares of…
Business
Malaysia’s Petronas set to sign LNG supply deal with QatarEnergy: sources
Petroliam Nasional is up against dwindling domestic gas reserves while local demand for the fuel rises Malaysia’s state-owned firm…
Lifestyle
IATA says US air travel to lag global growth in 2026 and beyond
Travel demand in the US is unlikely to catch up to international growth in the near future, the head of the leading global aviation…
Business
Nvidia nears deal to invest US$20 billion in OpenAI round
Nvidia is nearing a deal to invest US$20 billion in OpenAI as part of its latest funding round, according to sources familiar with the…
Business
Stocks to watch: Singtel, Hongkong Land, Keppel Reit, FLCT, GuocoLand, ESR-Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 4): Singtel: KKR and Singtel…
Business
More risk-taking and entrepreneurship now, but Singapore mindsets must change further
Academics and market watchers call for bolder policy design, and for moves to encourage an entrepreneurial spirit to start earlier The…
Business
Indonesian miners halt spot coal exports over proposal to cut output
Indonesian miners have halted spot coal exports after the government proposed deep production cuts, leaving Asian buyers unable to secure…
Business
Forget US megacaps. Buy Asia’s cheaper AI stocks, say analysts, naming Singapore picks
A rebalancing beyond US tech giants could unleash artificial intelligence opportunities for Asia A shift beyond US tech megacaps and…
Business
ESR-Reit H2 DPU up 7.1% to S$0.10675
The distribution for H2 will be paid out on Mar 24, following the record date of Feb 12 The manager of ESR Real Estate Investment Trust…
Business
Keppel Reit H2 DPU down 10.4% at S$0.0251 amid enlarged unit base, higher NPI
Lower DPU also due to absence of contributions from acquisitions completed in December The manager of Keppel Reit posted a distribution…
Business
Keppel Reit H2 DPU down 10.4% at S$0.0251 amid enlarged unit base
Meanwhile, net property income is up 2.4% at S$107.7 million in the latest half year The manager of Keppel Reit posted a distribution per…
Business
KKR, Singtel buy STT GDC for S$6.6 billion in one of Asia’s largest data centre deals
A KKR-led consortium, along with Singtel, will acquire Singapore-based ST Telemedia Global Data Centres (STT GDC) for S$6.6 billion. The…
Business
Analysts see KKR-led STT GDC deal accelerating Singtel’s push to digital infrastructure
The deal positions the telco as one of Asia-Pacific’s largest data centre players A S$6.6 billion deal led by private equity giant KKR,…
Business
Alphabet plots big expansion in India as US restricts visas
Alphabet is plotting to dramatically expand its presence in India, with the possibility of taking millions of square feet in new office…
Business
7 reasons the best founders plan for profit before they plan for scale
Most founders say they want to build something big. What they usually mean is they want momentum. Users, revenue, headcount, press. Scale…
Business
Securities financing gains traction among Singapore banks amid global demand, wealth inflows
While interest for SGX stocks are still limited, equities reform can encourage more activity, observers say More financial institutions in…
Business
Mondelez forecasts muted annual revenue, profit as price hikes pull down volume
URY-PARENT Mondelez International forecast annual revenue and profit below Wall Street estimates on Tuesday, as shoppers traded down from…
News
Paris cybercrime unit searches X office; Musk summoned
French police raided the offices of Elon Musk‘s social media network X on Tuesday and prosecutors ordered the tech billionaire to face…
Business
Crypto.com launches predictions-only platform before Super Bowl
The back end will still be powered by its existing exchange and clearinghouse, all registered with the CFTC Crypto.com is launching a…
Business
European shares little changed as software rout counters relief rally in miners
PE’S benchmark share index nudged up to another record close on Tuesday (Feb 4) as a sharp selloff in software and advertising companies…
Business
US stocks: Wall Street ends sharply down as traders fret about AI disruption
Street ended sharply lower on Tuesday as investors worried about AI creating more competition for software makers, keeping them on edge…
Business
AI Tools Mean Smaller Companies Can Compete For the Elusive Big Fish
Not long ago, the notion that a small business could land a high-stakes client felt nearly impossible. Sure, small businesses make up a…