Business
Temasek initiates wholly owned private credit platform of about S$10 billion
It will be led by Nicolas Debetencourt, head of credit and hybrid solutions at Temasek SINGAPORE investment company Temasek announced on…
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Business
Business
India central bank holds rates steady; cuts banks’ cash reserve ratio
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are…
Business
Broadcom unveils new tech to speed up custom chips amid rising generative AI demand
BROADCOM said on Thursday (Dec 5) that its custom chip unit, which makes artificial intelligence (AI) processors for cloud providers, has…
Business
World Bank raises record US$100 billion for aid to poorest nations
THE World Bank received pledges to deploy a record of US$100 billion via its unit focused on low-interest loans and grants to the poorest…
Business
"Connections" December 6: Hints and answers for game #544
Connections is a fun game published by The New York Times. And researchers from the New York University Tandon School of Engineering have…
Business
Amazon successfully tests using delivery drones in Italy
AMAZON said on Thursday (Dec 5) it had successfully completed an initial test of using delivery drones in Italy, the first European…
Business
Wall Street banks predict biggest China rate cuts in a decade
CHINA’S central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up…
Business
Three Trade Suitors Have Checked In On Cubs $80 Million Cubs Star
Share ✓ Link copied to clipboard! The Chicago Cubs are reportedly looking to trade their star outfielder Cody Bellinger this winter.…
Business
Barclays promotes 116 staffers across bank to managing directors
BARCLAYS promoted 116 employees across the bank to its managing director ranks. The investment bank took the largest share of the…
Business
RHB says Suntec Reit unitholders should reject S$1.16 offer, sees positives for the Reit
Offer price is a 44% discount to the Reit’s net asset value, says the research house RHB has recommended unitholders of Suntec Real Estate…
Business
Gold heads for second weekly fall; spotlight on US payrolls data
GOLD prices held steady on Friday (Dec 6) but were headed for a second straight week of decline, while focus shifted to the US payrolls…
Business
Singapore shares open lower on Friday; STI falls 0.4%
SINGAPORE shares opened in the red on Friday (Dec 6) , mirroring declines in the broader Asian region. The benchmark Straits Times Index…
Business
Digital Core Reit acquires additional 15.1% stake in Frankfurt data centre
DIGITAL Core Real Estate Investment Trust (Reit), through its subsidiary Digital CR Singapore 5, completed its acquisition of an…
Business
Donald Trump announces new AI and crypto czar: what we know
Share ✓ Link copied to clipboard! President-elect Donald Trump announced that tech investor David O. Sacks will be his new White House AI…
Business
Intel names two chip industry veterans to its board amid CEO search
INTEL on Thursday (Dec 5) named two chip industry veterans to its board, as the struggling semiconductor firm looks for a new top boss…
Business
Stocks to watch: Sembcorp Industries, Suntec Reit, Digital Core Reit, SingPost
THE following companies saw new developments that may affect trading of their securities on Friday (Dec 6): Sembcorp Industries: The…
Business
Victoria’s Secret lifts guidance with positive start to holidays
VICTORIA’S Secret raised its outlook after reporting third-quarter sales that topped Wall Street expectations, saying shoppers had an…
Business
ECB seeks to speed up approvals for significant risk transfers
THE European Central Bank (ECB) is seeking to accelerate its approval process for significant risk transfers (SRTs), according to sources…
Business
Lululemon raises annual forecasts betting on robust holiday sales
LULULEMON Athletica increased its full-year forecasts on Thursday (Dec 5), betting on resilient demand for its athletic wear in the US…
Business
German car seat manufacturer Recaro sold to Italian investor
The booth of the aircraft seat manufacturer Recaro at the Aircraft Interiors Expo. Recaro, a long-established manufacturer of seats for…
Business
Biggest Gambling Losses in History
Gambling can be thrilling, but it can also lead to huge losses. Throughout history, there have been many stories of people who lost a lot…
Business
Some young Kenyans turn to kung fu for self-improvement in difficult times
NAIROBI, Kenya (AP) — Growing up on the semi-arid plains of eastern Kenya, Evans Munzaa had planned his future. He envisioned an…
Business
Elon Musk's multibillion-dollar pay package is rejected for a second time. What to know
A Delaware judge rejected Tesla Chief Executive Elon Musk’s multibillion-dollar pay package for a second time, writing in her opinion this…
Business
Sean Hannity Net Worth, Story and Earnings
In our world today, there are all sorts of people to learn and listen from. Many come from a wide range of ideologies and beliefs. Because…