News
Singapore shares decline amid hawkish Fed minutes; STI loses 0.2%
SINGAPORE equities ended Thursday (Feb 20) lower, as markets reacted to the US Federal Reserve’s January meeting minutes. The local bourse’s blue-chip barometer, the Straits Times Index (STI), slid...
Singapore shares decline amid hawkish Fed minutes; STI down 0.2%
Across the broader market, losers beat gainers 320 to 205, after 1.5 billion securities worth S$1.4 billion change handsSINGAPORE stocks ended Thursday (Feb 20) lower, as markets reacted to...
DeepSeek rally helps Chinese tech firms raise more funds
Listed Chinese companies have raised more than US$1 billion globally through placements so far this year, with most of it in FebruaryTHE stars are aligned for Chinese technology companies...
Japan’s Suzuki aims to boost sales by a third by 2030, invest heavily in India
JAPANESE small car maker Suzuki Motor said it will target 4.2 million vehicles in global sales in five years’ time – an increase of nearly a third – with...
KKR wins control of US$4.4 billion Fuji Soft after clash with Bain
The scramble to take Fuji Soft private is rooted in the value of the software company’s trove of human resources and real estate KKR has secured enough shares of Fuji...
Complex AI chips will drive demand for Lam Research chipmaking tools, CEO says
LAM Research chief executive Tim Archer said on Wednesday (Feb 19) that the thirst for complex artificial intelligence (AI) silicon will push the likes of Taiwan Semiconductor Manufacturing Company (TSMC)...
Singapore shares open lower on Thursday; STI down 0.4%
SINGAPORE stocks declined on Thursday (Feb 20) morning, tracking overnight losses in European markets.
As at 9.01 am, the Straits Times Index (STI) opened 0.4 per cent or 14.07...
Australia’s Goodman raises A$4 billion for data centres to tap AI boom
AUSTRALIA’S Goodman Group plans to raise A$4 billion (S$3.4 billion) via a share placement to develop a global network of data centres, as the march of artificial intelligence (AI)...
Seatrium gets offshore rig contract from International Maritime Industries
SEATRIUM’S offshore jack-up designer Seatrium Offshore Technology has won an international tender from International Maritime Industries, a shipyard in the Middle East and North Africa region, for the supply...
Tesla cited by US regulators over worker’s death
US FEDERAL regulators have cited Tesla for violating workplace safety rules in connection with the electrocution of a worker last summer at its Austin, Texas auto-manufacturing plant.The US Department...
