Fashion
Microsoft to put more computing power behind in-house AI models
The world’s largest software maker has mostly relied on large language models from the ChatGPT maker to power its products[NEW YORK] Microsoft plans to expand its physical infrastructure to...
IReit Global’s German subsidiaries served with payment order by former tenant
The dispute stems from a dilapidation cost agreement made with the former main tenant of its Berlin Campus[SINGAPORE] Subsidiaries of IReit Global have been served with a payment order...
Oracle marches toward US$1 trillion club; tech stocks cheer
The stock’s gains also put co-founder Larry Ellison on course to beat Elon Musk as the world’s richest man[NEW YORK] Oracle’s shares rose on Thursday (Sep 11), adding to...
Latest Singapore six-month T-bill cut-off yield falls to 1.38%
Auction receives a total of S$15.7 billion in applications for the S$7.8 billion on offer, representing a bid-to-cover ratio of 2.02[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury...
Indonesian yield curve steepest since early 2023 on fiscal fears
Longer-dated rupiah bonds are also vulnerable to moves in US Treasuries due to the heavier concentration of global investors in those notes[SINGAPORE] The gap between yields of Indonesia’s short-...
DoorDash plans to test drone deliveries in San Francisco warehouse
Food delivery app DoorDash is setting its sights on a new destination to test out flying drone deliveries: San Francisco.The tech company leased a warehouse in the Mission District...
UOL sells Kinex mall for S$375 million
[SINGAPORE] Property developer UOL has entered into an agreement to sell Kinex, a retail mall, for US$375 million. The buyers of the freehold property are Kinex Times Square and...
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23%[SINGAPORE] Vividthree Holdings will see private equity fund Hildrics Asia...
Deutsche Bank hires trio for Asia Pacific credit trading, sales
[HONG KONG] Deutsche Bank hired three for its Asia Pacific credit trading and sales desk, underscoring high demand for staff, as finance professionals shift among banks in the region.The...
Stocks to watch: Frasers Property, SingPost, HRnetGroup, LHN, Sim Leisure
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 10): Frasers Property : Its chief executive officer of emerging markets, Asia,...
