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Singtel gets funding boost from government to strengthen AI push, create high-value roles
Telco will partner Digital Industry Singapore in a move that can help the Republic strengthen its artificial-intelligence sovereign capabilities[SINGAPORE] Singtel will partner Digital Industry Singapore (DISG) to strengthen its...
Singapore stocks close lower, tracking Asia sell-off; STI still ends week higher
Published Fri, Jun 5, 2026 · 06:29 PM[SINGAPORE] Singapore stocks ended lower on Friday (Jun 5), tracking a broader decline across regional markets.The benchmark Straits Times Index (STI) fell...
Latest data show Californian conundrum: high growth but high unemployment
California, the epicenter of the artificial intelligence boom, continues to grow its economy faster than the nation, but more people are losing their jobs and the cost of living...
Data centre operator DayOne raises US$4.5 billion in Series C funding
New investors include sovereign wealth fund Indonesia Investment Authority and Achi Capital Partners[SINGAPORE] Data centre operator DayOne announced on Friday (Jun 5) that it has raised US$4.5 billion in...
China allows some banks to offer higher rates on US dollar deposits
The move signals a relaxation of a ceiling imposed in 2023, when the renminbi was under pressurePublished Fri, Jun 5, 2026 · 05:30 PM[BEIJING] China is allowing some banks...
Chinese brokers pump US$5.6 billion offshore to fight Wall Street
Brokers are prioritising overseas growth to escape intensifying competition in the domestic marketPublished Fri, Jun 5, 2026 · 04:41 PM[BEIJING] Chinese brokerages are doubling down on international expansion with...
Lenovo’s 3D scans were made for the Fifa World Cup, but true value may lie in video games
Its AI chatbot will launch with an empty playbook, but its scans could yield a multibillion-dollar IP pipeline[ZURICH] Lenovo’s new ChatGPT-style tactical chatbot may have been touted as the...
AllianzGI in exclusive talks to buy UOB Asset Management: sources
The details are being finalised on a transaction that could be valued at up to S$600 millionPublished Fri, Jun 5, 2026 · 03:41 PM[SINGAPORE] Allianz Global Investors is in...