Fashion
Musk launches Grokipedia, accusing Wikipedia of ideological bias
[NEW YORK] Elon Musk’s company xAI launched Grokipedia on Monday (Oct 27) to compete with online encyclopedia Wikipedia, which he has accused of ideological bias.The site dubbed version 0.1...
Singapore stocks rise as markets cheer US-China trade truce; STI up 0.2%
Across the broader market, losers outnumber gainers 313 to 292, after 1.8 billion securities worth S$1.8 billion change hands[SINGAPORE] Local stocks ended higher on Tuesday (Oct 28), tracking a...
Marina Bay Sands fined S$315,000 for 2023 data breach
IMDA notes the failure to take reasonable security measures during a software migration exercise, among other faults[SINGAPORE] The Personal Data Protection Commission (PDPC) has fined Marina Bay Sands (MBS)...
First Sponsor posts 1.3% rise in Europe portfolio Q3 operating income, lacklustre China property development sales
China property development projects’ pre-sales and sales show ‘no meaningful improvement’ as weak market sentiment persists [SINGAPORE] Property developer First Sponsor said that its European portfolio recorded a 1.3...
Nomura profit beats estimates on stock trading, M&A advisory
[TOKYO] Nomura Holdings’ profit beat analysts’ expectations last quarter, buoyed by equity trading and advising on mergers. Net income fell 6.4 per cent from a year earlier to 92.1 billion...
BYD’s mini-car ambitions may be a wake-up call for Japan
The company plans to debut its all-electric ‘kei’ car at the Japan Mobility Show[TOKYO] BYD’s Japanese mini-car will not go on sale until the end of next year, but...
Indonesia’s Chandra Asri in talks with lenders to fund US$1 billion deal to buy Singapore’s Esso stations
[JAKARTA] Chandra Asri Pacific, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for loans to back its US$1 billion purchase of Esso-branded service...
Novartis Q3 operating income up 6% on new drug sales
Third-quarter operating income, adjusted for special items, rose to US$5.46 billion[FRANKFURT] Swiss drugmaker Novartis, on a deal-making spree this year, reported a gain in operating income of 6 per...
Citigroup to tie up with Coinbase to boost digital payments for institutional clients
[BENGALURU] Citigroup and cryptocurrency exchange Coinbase plan to collaborate on digital asset payment solutions for the US bank’s institutional clients, to expand the offering to global clients in the...
Sunseap founder’s firm teams up with Chinese nuclear giant on Indonesian solar import project
Frank Phuan’s Equator Renewables Asia is set to import clean power from the Riau Islands into Singapore[SINGAPORE] Equator Renewables Asia – a new venture of solar veteran Frank Phuan...
iX Biopharma proposes placement to raise gross proceeds of at least S$5 million as it eyes US expansion
The placement price represents a discount of 9.7% to the volume weighted average price (VWAP) of S$0.1107 per share[SINGAPORE] Mainboard-listed iX Biopharma has proposed a placement of new shares...
