Entrepreneurship
Singtel hit with S$1 million fine for 2024 disruption that affected over 500,000 users
The incident on Oct 8 last year affected more than 500,000 users for more than four hours[SINGAPORE] The Infocomm and Media Development Authority (IMDA) imposed a S$1 million fine...
Swiss National Bank holds interest rate at zero, cuts inflation forecast
The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut[ZURICH] The Swiss National Bank kept its interest rate at zero,...
Bank of Japan reluctant to intervene on rising yields, sources say
The recent rises are due to investors taking a wait-and-see approach on uncertainty over how far the BOJ can eventually raise rates[TOKYO] The Bank of Japan (BOJ) sees a...
India’s aviation watchdog deploys monitors to IndiGo offices
These teams are required to give daily reports to the Directorate General of Civil Aviation[NEW DELHI] India’s aviation regulator, in an unprecedented move, deployed two on-site teams at IndiGo’s...
China’s ZTE may pay more than US$1 billion to the US over foreign bribery allegations: sources
ZTE said it is engaged in “ongoing communication” with the US Justice DepartmentCHINESE telecom equipment maker ZTE Corp may pay more than US$1 billion to the US government to...
Asian markets diverge post Fed cut, with analysts expecting short-term relief rally
Asia markets end mixed as the STI and KLCI gain, while Hang Seng, Nikkei and Kospi retreat[SINGAPORE] Markets will likely rally in the short term, after the US Federal...
AI’s US$400 billion problem: Are chips getting old too fast?
Cloud computing giants assumed that their chips and servers would last about six yearsIN PURSUIT of the AI dream, the tech industry this year has plunked down about US$400...
Gold rises as a divided Fed cuts rates; silver hits record high
[BENGALURU] Gold prices rose on Thursday (Dec 11) after the US Federal Reserve cut interest rates, even as policymakers remained split on the outlook for further easing next year,...
Noodle maker Leong Guan’s shares climb 10.7% from IPO price on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million[SINGAPORE] Shares of food manufacturing and distribution company Leong Guan climbed 10.7 per cent...
Stocks to watch: Keppel Reit, CLI, MPACT, Ultragreen.ai, Ossia
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Dec 11): Source link
