Fashion
Sembcorp to acquire Australian power company Alinta Energy in A$6.5 billion deal
The asset is country’s fourth-largest utilities provider with around 1.1 million customers[SINGAPORE] Sembcorp Industries will acquire Australia’s fourth-largest utilities provider Alinta Energy. In a bourse filing on Thursday (Dec...
Axa warns on data centre ‘gambles’ as private credit risks rise
[PARIS] French insurer Axa is exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid growing awareness of emerging risks in private markets. “We are...
Roblox sued by Southern California families alleging children met predators on its platform
Video gaming platform Roblox is facing more lawsuits from parents who allege the San Mateo, Calif., company isn’t doing enough to safeguard children from sexual predators. A Los Angeles...
Singapore stocks inch up after Fed rate cut; STI rises 0.2%
Across the broader market, gainers edge out losers 256 to 244 after 1.1 billion securities worth S$1.3 billion change hands[SINGAPORE] Singapore stocks ended higher on Thursday (Dec 11) after...
Singtel hit with S$1 million fine for 2024 voice disruption
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...
Brookfield plans Singapore hires to tap Asia energy demand boom
The firm aims to bring in up to four people to focus on renewable-energy and low-carbon tech deals[SINGAPORE] Brookfield Asset Management plans to expand a team focused on deals...
Hongkong Land shares end 5.5% higher on S$1.45 billion sale of MBFC stake
The group is selling its share to Keppel Reit, which will have a two-thirds interest in the property upon completion[SINGAPORE] Shares of Hongkong Land rose on Thursday (Dec 11)...
Hongkong Land shares up 5% on S$1.45 billion sale of MBFC stake
It is selling its stake to Keppel Reit, which will have two-thirds interest in the property upon completion[SINGAPORE] Shares of Hongkong Land rose as much as 5 per cent...
Bitcoin dips below US$90,000 as AI worries dent risk appetite
Fresh concerns about artificial intelligence profits weighed on technology stocks[SINGAPORE] Cryptocurrencies tumbled on Thursday (Dec 11) and bitcoin fell briefly below the US$90,000 threshold in a renewed signal of...
More dissenters could signal increased resistance to future Fed rate cuts
Investors should be positioned for the Fed to continue easing at least once more in 2026, say analystsTHE US Federal Reserve’s expected interest rate cut and its surprisingly rosy...
