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Warner Music Group settles lawsuit with AI firm Suno
Warner Music Group on Tuesday announced a partnership with AI business Suno that will compensate music artists and songwriters, ending a…
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Firm
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Couple caught in 99-1 property transaction sue salesperson, PropNex and law firm for S$586,172
This is the third reported lawsuit embroiling PropNex over the sale arrangement for buyers to avoid paying ABSD A PropNex subsidiary has…
Business
Macquarie Asset Management offers US$7.5 billion for logistics firm Qube
The Australian logistics and shipping-containers’ operations span container leasing, car and grain cargo terminals, and road and rail…
Business
Canva’s Obrecht says firm eyeing IPO in ‘next couple of years’
Canva, Australia’s most high profile startup, has had a surge in users of its new product suite as it builds toward listing as a public…
Business
Japanese logistics firm Nippon Express expands footprint in Singapore
Move enables it to meet increasing demand for logistics services amid development of the Johor-Singapore Special Economic Zone LOGISTICS…
Business
No firm is immune if AI bubble bursts, Google CEO Pichai tells BBC
Pichai calls the AI boom an ‘extraordinary moment’ but warns of market irrationality Alphabet chief executive Sundar Pichai said no…
Business
Gold extends falls on firm US dollar, easing Fed rate-cut bets
Traders are currently pricing in a 43% probability of a quarter-point Fed rate cut next month, down from 50% in last week Gold fell for a…
Business
GlobalFoundries acquires Singapore semiconductor firm in push to expand AI portfolio
Advanced Micro Foundry specialises in silicon photonics, a technology that allows for faster and more efficient data transmission The New…
Business
Hong Kong’s investment firm reports HK$2 billion return in 2024
As at end-2024, the firm had used up under a fifth of its initial HK$62 billion kitty Hong Kong Investment Corporation (HKIC) generated…
Business
Toyota's buyout of group firm faces new obstacle after Elliott takes stake
Elliott said the proposed deal undervalued the company, lacked transparency and fell short of proper governance practices Toyota Motor’s…
News
Firing Squad Shoots Dead More Than 300 Ostriches in Canadian Firm After Bird Flue Allegations
More than 300 ostriches were mercilessly killed by a firing squad in Canada late Thursday, bringing an end to a tense standoff that had…
Business
Singtel jumps 4.9% to all-time high on talks to buy local data-centre firm
Singtel and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global Data Centres for over S$5 billion…
Business
Singtel jumps 5.1% to all-time high on talks to buy local data-centre firm
The telco and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global Data Centres for over S$5 billion…
Business
KKR, Singtel seek to fully own Singapore data centre firm in US$3.9 billion deal
KKR & Co and Singapore Telecommunications are in advanced talks to buy more than 80 per cent of ST Telemedia Global Data Centres – which…
Business
Nvidia set to become first US$5 trillion firm as AI rally extends
Nvidia is on track to become the first US$5 trillion company as chief executive officer Jensen Huang’s spree of deals around the world…
Business
Sunseap founder’s firm teams up with Chinese nuclear giant on Indonesian solar import project
Frank Phuan’s Equator Renewables Asia is set to import clean power from the Riau Islands into Singapore Equator Renewables Asia – a new…
Business
Hong Kong Jockey Club sells US$1 billion portfolio to Canada firm
The entity has multiple exclusive legal betting licenses granted by the government on activities including horse racing and football…
Fashion
Grégoire Martin Joins Executive Search Firm Ginger Finds as President
Ginger Finds has found a new president in Grégoire Martin, who’s stepping in to help the executive search firm build on its high-touch,…
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…
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Singapore firm anchors West Africa’s mega mine: Inside Winning International’s Simandou play
The company leverages the city-state’s connector strengths to reshape global high-grade iron-ore trade Winning International Group is a…
Business
Trafigura acquires warehousing firm Grafton’s Singapore business
Trafigura Group has acquired a metals warehousing firm with sizable operations in Singapore, as a mountain of surplus inventory in the…
Business
Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term GDS Holdings, one of China’s…
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US weighs ban on Hong Kong tycoon Richard Li’s phone firm as China tensions rise
The move shows the US is widening its national security focus to include Hong Kong firms once seen as neutral The US took steps to block…
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US weighs ban on Hong Kong tycoon Richard Li’s phone firm PCCW as China tensions rise
The move shows the US is widening its national security focus to include Hong Kong firms once seen as neutral The US took steps to block…