News
Malaysian ringgit hits highest in four years on growth optimism
It rose 0.3% versus the greenback to 4.0955 on Friday, the highest since May 2021[KUALA LUMPUR] The Malaysian ringgit reached the strongest level against the dollar in more than...
Gold clings to 7-week high as investors gauge Fed trajectory; silver near record peak
GOLD prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the US Federal Reserve pushed back against hawkish market...
Seatrium back on track with estimated S$2 billion TenneT order: analysts
[SINGAPORE] Analysts were positive on Seatrium ’s latest contract win, stating that the marine engineering company was back on track in terms of its order book.A consortium comprising Seatrium...
SoftBank eyes data centre group switch as Son hunts for AI
SOFTBANK Group is studying potential acquisitions including data centre operator Switch Inc., as billionaire founder Masayoshi Son ramps up the search for deals that can help it ride the...
Hongkong Land shares close 3.5% down following news of S$8 billion real estate fund
[SINGAPORE] Shares of Hongkong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay, Marina Bay Financial Centre...
Hongkong Land shares jump 5.5% on news of S$8 billion real estate fund
[SINGAPORE] Shares of Hong Kong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay, MBFC Towers 1...
Trump signs order aimed at curbing state AI laws
[WASHINGTON] US President Donald Trump on Thursday signed an executive order on artificial intelligence that will attempt to preempt a growing number of state laws governing the technology with...
Hongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore private fund
New fund will be Singapore’s biggest private real estate fund; move follows divestments of other major assets[SINGAPORE] Following the sale of its stake in Marina Bay Financial Centre (MBFC)...
Lululemon CEO McDonald to step down, shares rise 10%
LULULEMON Athletica said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast, sending shares up about 10 per cent in extended...
OpenAI beefs up GPT models in AI race with Google
OPENAI released its latest artificial intelligence models on Thursday, shrugging off worries about how it will cash in on massive spending in its technology race with Google.The San Francisco-based...
