Culture
Temasek unveils S$10 billion private credit entity
SINGAPORE’S state investment company Temasek said on Friday (Dec 6) that it has established a wholly owned private credit entity with an initial portfolio amounting to S$10 billion, consisting...
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 Friday (Dec 6) the formation of a wholly...
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 developed new technology to enhance semiconductor speeds amid...
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 country where the e-commerce giant plans to...
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 promotions, according to a source familiar with the...
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 data due later in...
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 additional 15.1 per cent stake in a Frankfurt data centre,...
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 group’s wholly owned subsidiary, Sembcorp Fuels, signed a 10-year sale-and-purchase...
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 familiar with the matter, helping lenders to take advantage...
