News

Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructure
Temasek’s participation comes after the Kuwait Investment Authority joined earlier in JunePublished Thu, Jun 12, 2025 · 11:24 PM[SINGAPORE] Temasek has joined a consortium backed by Microsoft, BlackRock and...
US: Wall St opens lower as Middle East tensions rise
Published Thu, Jun 12, 2025 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Jun 12) as signs of rising tensions in the Middle East hurt...
Boustead Singapore reviews assets for potential sale to Reit for listing
No certainty that any transaction will materialise as a result of this process, says the engineering and technology group[SINGAPORE] Boustead Singapore is conducting strategic reviews for the sale of...
Mattel taps OpenAI to help it design toys, other products
[LOS ANGELES] Mattel, the maker of Barbie dolls and Hot Wheels cars, has signed a deal with OpenAI to use its artificial intelligence tools to design and in some...
Investor rush for India exposure revs up block deals, IPOs
[NEW DELHI] India’s market for share sales is warming up after several dull months, as companies and shareholders cash in on a buoyant stock market.The South Asian nation saw...
Singapore shares rise as trade tensions between China and US ease; STI up 0.1%
Across the broader market, gainers beat losers 252 to 236 as 1.3 billion securities worth S$1.2 billion change hands[SINGAPORE] Singapore stocks rose on Thursday (Jun 12), amid the world’s...
Singapore needs to embrace Bitcoin to maintain status as financial hub: Jeremy Tan
[SINGAPORE] Singapore needs to welcome Bitcoin-related businesses to maintain its status as a global financial hub, said retired businessman Jeremy Tan at an event on Wednesday (Jun 11).The 34-year-old...
SGX securities turnover rises 1% in May, volume down 18%
[SINGAPORE] The total securities market turnover value on the Singapore Exchange (SGX) edged up 1 per cent year on year to S$26.9 billion, supported by institutional hedging activity and...
Airbus revises up 20-year jet demand forecast despite trade tensions
[PARIS] Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport industry was expected to ride out the current...
Asia: Shares stumble after Trump’s latest trade threat
[HONG KONG] Asian shares were rattled on Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks, reigniting trade war fears soon...
Apac data centre boom straining power grids; reliability key to site selection: report 
[SINGAPORE] Surging demand in the Asia-Pacific (Apac) for data centres and other energy-intensive sectors is starting to weigh on power systems across the region, affecting grid reliability and increasing...
Meta taps top researchers from Google, Sesame for new AI lab
META Platforms has poached top engineers from multiple tech firms, including Alphabet Inc.’s Google, for a new team focused on achieving a more advanced form of AI called artificial...