Entrepreneurship
Intel nears US$1.6 billion deal for AI chip startup SambaNova
[NEW YORK] Intel is in advanced talks to acquire artificial intelligence (AI) chip startup SambaNova Systems for about US$1.6 billion, including debt, according to sources familiar with the matter.A...
Wall Street ends lower; fears of AI bubble and inflation send investors away
Other companies that have benefited from AI bets but went into reverse on Friday included SanDisk[BENGALURU] The S&P 500 and the Nasdaq closed down more than 1 per cent...
AI jitters knock Stoxx 600 lower, wiping out early-week gains
Investors also favour a likelihood of White House economic adviser Kevin Hassett becoming the next Fed chair, a scenario that could lead to more cuts next year[BENGALURU] European shares...
When You Want to Gift Something Truly Special
Here are a few extra-special gift ideas you can give this holiday season. 1. PeterGrimm Hats I’m not sure when I first came across Peter Grimm Hats, but the...
OUE Reit secures S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes [SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) has entered into a S$100 million unsecured loan...
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...
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 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)...
Stocks to watch: Sembcorp, CDL, UOL, GuocoLand, Seatrium, Singtel, Hongkong Land
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Dec 12): Sembcorp Industries : The engineering services company on Thursday announced that...
