Astronomers puzzle over 'inside out' planetary system
WASHINGTON, Feb 14 : Astronomers have observed a planetary system that challenges current planet formation theories, with a rocky planet that formed beyond the orbits of its gaseous neighbors, possibly after much of the planet-forming material had been used up.The system, observed using the European ...
AI film school trains next generation of Hollywood moviemakers
LOS ANGELES, Feb 14 : Laid-off and sidelined by last year's production slowdown, Hollywood visual‑effects veteran Michael Eng discovered a gap in his resume while perusing job listings in Los Angeles - experience in machine learning.Eng turned to Curious Refuge, an online school teaching film ...
Singapore Paincare reports net loss of around $47,000
Lin Daoyi - Medical clinic operator Singapore Paincare Holdings has reported a net loss of around $47,000 for the half-year ended Dec 31, 2026. This is in contrast to earnings of around $0.78 million for the previous corresponding period. The drop in net profit is mainly attributable to an increase in employee ...
Gold reclaims US$5,000 as cooling inflation lifts Fed easing bets
The metal has surged to a record above US$5,595 in late January
Ford CEO, Trump officials discussed China-US carmaking JVs
These would be structured so that both the Chinese and US partners would share profits and technology, say sources
Nvidia’s Jensen Huang falls out of world’s 10 richest ranking
Three members of Walmart’s founding Walton family overtake the tech billionaire
Singapore’s GIC pulls US$250 million from hedge fund Jain Global: sources
It will take as much as two years for it to fully redeem from the fund
Oil prices settle slightly higher
Optimism around US inflation data outweighs Opec supply concerns
Europe: Stocks edge lower as investors weigh AI volatility; earnings, data in focus
Pan-European Stoxx 600 index closes at 617.7 points
US: S&P 500 ends up slightly as tech dips, inflation cools
Megacap tech stocks are weak with Nvidia and Apple providing big drags
Warner Bros Discovery sees activist Sachem Head increase stake in Q4
NEW YORK, Feb 13 : Warner Bros. Discovery attracted the attention of activist investor Sachem Head Capital Management in the fourth quarter when the media and entertainment giant agreed to sell its streaming and studios business to Netflix, according to a regulatory filing on Friday.Sachem Head, one ...
Musk's AI chatbot Grok's US market share jumps amid sexualized images backlash, data shows
Feb 13 : Grok, Elon Musk's AI chatbot, has been gaining ground in the U.S. over the past months, data showed, even as it draws global censure and regulatory scrutiny after being used to generate a wave of non-consensual sexualized images of women and minors.U.S. market share of the tool rose to ...
Musk's AI chatbot Grok gains US market share amid sexualized images backlash, data shows
Feb 13 : Grok, Elon Musk's AI chatbot, has been gaining ground in the U.S. over the past months, data showed, even as it draws global censure and regulatory scrutiny after being used to generate a wave of non-consensual sexualized images of women and minors.U.S. market share of the tool rose to ...
IMF discussing electricity tariffs revisions with Pakistan
KARACHI, Feb 13 : The International Monetary Fund is discussing proposed electricity tariff revisions with Pakistan authorities, the fund said in a statement to Reuters on Saturday, adding that the burden of the revisions should not fall on middle‑ or lower‑income households. "The ong ...
Alphabet bonds' lack of guardrails highlights investor confidence
Feb 13 : Alphabet Inc's global bond sale this week underscored the high level of investor demand for the major AI hyperscalers, but raised concerns about the debt's lack of protections for existing and future bondholders.Google parent Alphabet raised $31.51 billion across U.S. dollar, ster ...
SpaceX considering dual-class shares in IPO, Bloomberg News reports
Feb 13 : Elon Musk's SpaceX is considering a dual-class share structure in its planned IPO this year, Bloomberg News reported on Friday, citing people familiar with the matter.The space firm, which acquired Musk's artificial-intelligence startup xAI, is planning a blockbuster public offeri ...
LREIT’s 1HFY2026 DPU up 3.1% y-o-y to 1.85 cents
Felicia Tan - Lendlease Global Commercial REIT (LREIT) has reported a distribution per unit (DPU) of 1.85 cents for the 1HFY2026. The DPU includes an advance distribution of 1.3305 cents for the period from July 1 to Nov 13, 2025. Gross revenue for the six months ended Dec 31, 2025, fell by 1.6% y-o-y to $101.9 m ...
Microsoft, Ericsson lead global tech alliance for digital trust
STOCKHOLM, Feb 13 - A group of 15 companies, led by Microsoft and Ericsson, launched on Friday the “Trusted Tech Alliance,” built around five principles to safely use technology regardless of where it is developed.The initiative is the first concerted move by a group of global companies to addre ...
Quantum Healthcare’s Thomas Tan resigns as CEO
Felicia Tan - Thomas Tan Gim Chua has resigned as CEO and executive director of dental group, Quantum Healthcare, on Feb 13. The company, formerly known as QT Vascular, announced in a filing issued the same day, that Tan stepped down for personal reasons following the expiry of the initial period of his service a ...
US FTC ramps up scrutiny of Microsoft over AI, cloud practices, questions rivals, Bloomberg reports
Feb 13 : The U.S. Federal Trade Commission is escalating scrutiny of Microsoft and has sought answers from the company's rivals on the tech giant's licensing and other business practices, Bloomberg News reported on Friday. The agency has sent civil investigative requests in recent weeks to ...
OUE Limited guides for net loss in FY2025 due to losses from Gemdale Properties and Investment Corporation
Felicia Tan - OUE Limited says it expects to report a loss attributable to shareholders — or a net loss — for the FY2025 ended Dec 31, 2025. The expected losses are mainly due to the estimated losses from Gemdale Properties and Investment Corporation (GPI), an investee company which is 29.07%-owned by the gro ...
From software to real estate, US sectors under the grip of AI scare trade
Feb 13 : Wall Street is in the grip of disruption worries from AI. It first started with investors dumping shares of software companies but soon spread to sectors seen as vulnerable to automation, driving sharp losses in U.S. stocks this week.The AI scare trade did not spare even sectors such as pri ...
OUE to book net loss for FY2025 on China exposure, impairment loss
Chong Xin Wei - It owns 29.07% of an investee company whose business is adversely impacted by the slowdown of the property market in China
Vista Equity explores $1 billion-plus sale of AlertMedia, sources say
Feb 12 : Vista Equity Partners is exploring a $1 billion-plus sale of its emergency communications software provider AlertMedia, according to people familiar with the matter. Vista has hired bankers at JPMorgan to sell the company, a process that is in the early stages, the people said, requesting ...
US: Wall Street muted as markets assess softer-than-expected inflation data
Ilyas Salim - [NEW YORK] Wall Street’s main indexes were muted on Friday (Feb 14), with communication services weighing as markets assessed softer-than-expected inflation data that...
US consumer inflation eases more than expected to lowest since May
WASHINGTON: Consumer inflation in the United States cooled slightly more than expected in January, government data showed Friday (Feb 13), as energy prices dipped.The consumer price index (CPI) rose 2.4 per cent year-on-year, the Department of Labor said, down from December's 2.7 per cent and s ...
Lendlease Global Commercial Reit posts 3.1% increase in H1 DPU to S$0.0185
Chong Xin Wei - Distributable income rises 11.7% to S$48.6 million
Dollar flat after inflation data and yen set for weekly gain
NEW YORK, Feb 13 : The U.S. dollar was mostly flat against peer currencies on Friday after data showed a less-than-expected increase in inflation in January, suggesting the Federal Reserve could continue to hold rates steady in the near term.The Japanese yen was set for its strongest weekly gain in ...
Dollar flat after inflation data, yen set for strongest weekly gain in 15 months
NEW YORK, Feb 13 : The U.S. dollar was mostly flat against peer currencies on Friday after data showed a less-than-expected increase in inflation in January, suggesting the Federal Reserve could continue to hold rates steady in the near term.The Japanese yen was set for its strongest weekly gain in ...
Dollar flat after inflation data; yen set for strong weekly gain
NEW YORK, Feb 13 : The U.S. dollar was mostly flat against peer currencies on Friday after data showed a less than expected increase in inflation in January, suggesting the Federal Reserve could continue holding rates in the near term while the Japanese yen was set for its strongest weekly gain in a ...
Pinterest plumbs six-year lows after tariffs sap ad spending by customers
Feb 13 : Pinterest shares tumbled 21 per cent to their lowest since the 2020 pandemic lows after the image-sharing platform's weak forecast showed that major advertisers are pulling back spending just as AI tools threaten to upend the market.The company's quarterly revenue projection fell ...
Pinterest plunges as tariffs weigh on large customers' ad spending
Feb 13 : Pinterest shares plummeted over 20 per cent in premarket trading on Friday after the image-sharing platform said its quarterly revenue forecast was hit by large U.S. retailers scaling back ad spending due to tariff-induced uncertainty.The company last month cut under 15 per cent of its work ...
Bessent says Congress should pass crypto regulation bill this spring
WASHINGTON, Feb 13 : U.S. Treasury Secretary Scott Bessent said on Friday that it was important for Congress to pass a bill to create federal rules for digital assets and get it onto President Donald Trump's desk to sign into law this spring.Bessent, asked on CNBC about the crypto bill's s ...
Centurion Corporation unit acquires 65% stake in factory building plot for S$4.8 million
Chloe Lim - The aim is to develop and operate a purpose-built workers accommodation on the site
