[SINGAPORE] The ongoing unrest in France has prompted enquiries from established family offices in Europe, which are keen to begin deploying capital to Singapore to mitigate geopolitical risk.
Its net income of US$8.46 billion surpasses analysts’ estimates
EUROPEAN shares inched lower on Friday (Oct 30) as technology stocks came under pressure from renewed concerns over AI investment returns, although the benchmark index remained on track for a monthly gain thanks to strong corporate earnings.
[SINGAPORE] Singapore Exchange (SGX) chief executive Loh Boon Chye is preparing to step down after more than 11 years at the helm, raising questions about succession planning among Singapore’s long-serving corporate leaders.
MALAYSIA’S 2027 budget cleared its first major parliamentary hurdle after Prime Minister Anwar Ibrahim’s government struck a pact with several opposition and independent lawmakers, securing their support for the spending plan in exchange for constituency development funds.
[SINGAPORE] Analysts have reduced their target price for Wilmar International, citing regulatory risks arising from the haze-related probe, alongside higher raw material prices caused by El Nino.
[WASHINGTON] The United States plans to soon ban Chinese telecom firms from direct access to US phone numbers on national security grounds — a measure designed to prevent scam-related robocalls.
[SINGAPORE] The mercury is rising uncomfortably in Singapore’s concrete jungle.
[BANGKOK] Thailand’s manufacturing production index rose 2.05 per cent in September from a year earlier, the industry ministry said on Friday (Oct 30), weaker than analysts’ forecasts.
[SINGAPORE] Wealthy families in the Asia-Pacific are expected to transfer as much as US$5.8 trillion in wealth to their heirs, but a new report by DBS Private Bank found a significant “risk-readiness gap” that could stall their ambitions.
[KUALA LUMPUR] A US majority-owned startup plans to invest US$600 million in a rare earth refinery in Malaysia, seeking to develop a new source of the critical minerals as Washington pushes to reduce its reliance on China.
[SINGAPORE] The Asian Development Bank (ADB) is strengthening its presence in Singapore as it steps up efforts to channel more private capital into Asia’s infrastructure and development projects. This comes amid a widening gap between the region’s financing needs and available pu...
[SINGAPORE] Budget airlines in the South-east Asia region could see a divided outlook amid elevated fuel prices caused by the US-Iran war, an aviation consultant said.
[TOKYO] Oil rose on signs the US may resume military strikes against Iran, risking fresh turbulence in the region that may hurt energy flows.
[SINGAPORE] French business school Insead said on Friday (Oct 30) that it has launched a research initiative examining how artificial intelligence could affect human connectivity, meaning and well-being at work and in life.
[SINGAPORE] Investors dumped chip stocks in Singapore and the region on Friday (Oct 30) following a similar rout overnight on Wall Street.
[NEW YORK] Binance, the world’s largest crypto exchange, said US$6.3 billion of funds are involved in what the industry is describing as crypto’s biggest-ever hack. Digital tokens fell.
[SINGAPORE] Meta’s Muse, OpenAI’s dots and Anthropic’s Claude Duet signal a shift from artificial intelligence assistants that answer questions to agents that remember context and work on our behalf.