Paramount wins UK rights for most Champions League matches from 2027
LONDON :U.S. media company Paramount+ will show the majority of Champions League soccer matches in Britain from 2027 to 2031 after it beat the current main broadcaster TNT Sports in an auction, UC3 said on Friday.Amazon's Prime Video retained the first pick of Tuesday matches in Britain and two ...
Elon Musk's X down for thousands of US users, Downdetector shows
Elon Musk's X was down for thousands of users in the United States on Friday, Downdetector.com showed.There were more than 13,900 reports of issues with the social media platform, as of 10:54 a.m. ET, according to the website that tracks outages by collating status reports from a number of sour ...
Bubble Trouble: AI rally shows cracks as investors question risks
NEW YORK :The biggest bout of volatility in U.S. stocks in months has revealed cracks in the artificial intelligence-related rally, raising questions about whether the market has been in the grips of a speculative bubble that may be popping.Soaring valuations in AI stocks this year have stoked worri ...
Nokia plans $4 billion AI investment in the United States
STOCKHOLM :Finland's Nokia said on Friday it plans to invest $4 billion in research, development and production in the United States to accelerate innovation in artificial intelligence network connectivity.
US: Wall St opens higher as December rate cut bets strengthen
[NEW YORK] Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by...
‘Job opportunities will come’: Leaders must prepare workers for intelligent economy, says Jokowi
Joko Widodo reflected on Indonesia's infrastructure growth during his decade-long tenure as president and discussed adapting to an era of advanced technology, during an interview with CNA's Roland Lim.
Infinity Development aims to raise net proceeds of S$11.1 million in Catalist IPO
Navene Elangovan - The adhesive manufacturer will use the bulk of the net proceeds, or S$6.2 million, towards expanding in overseas markets
Fed's Jefferson: AI-related stock gains unlikely to be dot-com boom replay
Federal Reserve Vice Chair Philip Jefferson on Friday said he feels the current surge in stocks related to artificial intelligence is unlikely to be a replay of the late 1990s dot-com stock boom that ended in a bust, in large part because AI-related firms are well established and have actual earning ...
IMDA to co-fund deployment of robots by 500 firms over next 3 years
Young Zhan Heng - The authority’s support will focus on improving integration and interoperability
Trump trade triggers US market sell-off; STI escapes the worst for now
Goola Warden - Rotational selling in global markets is evident. Whether it was triggered by frothy valuations in the wake of 3Q2025 earnings reports or too much froth in AI and Palantir or a sudden sell-off in Bitcoin is debatable. Technically, reasons are not the key. The focus is on volume, momentum, the stance ...
Ex-Lloyd’s CEO lost US$17 million AIG job after office romance
[WASHINGTON] American International Group’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and...
HSBC’s Swiss private bank boosts some bankers pay to stem exits
The Swiss arm has been increasing compensation of staff, including relationship managers
Creative Technology interim CEO and executive chairman Tan Jok Tin to step down in Jan 2026
Shikhar Gupta - Tan has been in the interim role since July, when Freddy Sim stepped down as chief for health reasons
India, Europe central banks agree to start initial phase of linking domestic payment systems
The central banks of India and the European Union have agreed to start the initial phase of linking domestic payments systems, the Reserve Bank of India said on Friday.
ECB, RBI agree to start initial phase of interlinking domestic payment systems
The central banks of India and the European Union have agreed to start the initial phase of linking domestic payments systems, the Reserve Bank of India said on Friday. The interlinking will aim to facilitate cross-border remittances between India and the euro zone, the RBI said.The Reserve Bank of ...
Jardine Matheson’s Q3 performance ‘in line with expectations’
Janice Lim - [SINGAPORE] Hong Kong-based conglomerate Jardine Matheson said in a bourse filing on Friday (Nov 21) that its performance for the third quarter...
Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore
Deutsche Bank’s DWS cuts Asia private credit team in shift: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore
SATS subsidiary TFK Corporation secured three-year inflight catering contract with Turkish Airlines
Nicole Lim - SATS’ subsidiary TFK Corporation announced that it has secured a three-year inflight catering contract with Turkish Airlines which started in October. Under the agreement, SATS TFK will provide daily inflight meal services for Turkish Airlines' flights from Narita International Airport-Istanb ...
SATS subsidiary TFK Corporation secures three-year inflight catering contract with Turkish Airlines
Nicole Lim - SATS’ subsidiary TFK Corporation announced that it has secured a three-year inflight catering contract with Turkish Airlines which started in October. Under the agreement, SATS TFK will provide daily inflight meal services for Turkish Airlines' flights from Narita International Airport-Istanb ...
Mandarin Oriental posts ‘stable’ underlying net profit for Q3
Shikhar Gupta - The group’s RevPAR is up in all regions except South-east Asia
VinFast’s quarterly loss widens on hefty spending
The company signed two loan facilities during the quarter, totaling US$250 million
VinFast’s quarterly revenue jumps on strong deliveries, taps debt to fuel expansion
The company signed two loan facilities during the quarter, totaling US$250 million
Jardine Matheson says company portfolio in 3QFY2025 in line with expectations at half year
Nicole Lim - In its interim statement for 3QFY2025, Jardine Matheson Holdings says that the company’s portfolio in the third quarter was in line with expectations at the half year, with profit guidance for the full year remaining unchanged. Astra, the group’s Indonesian company, reported flat revenue and a â ...
VinFast's quarterly loss widens on hefty spending
Vietnam's VinFast reported a bigger third-quarter net loss on Friday as the electric vehicle maker spent heavily to expand its footprint and boost sales amid stiff competition.Shares of the company were down more than 5 per cent in premarket trading.The company signed two loan facilities during ...
VinFast's quarterly revenue jumps on strong deliveries
Vietnam's VinFast reported a sharp rise in third-quarter revenue on Friday, bolstered by strong sales of its electric cars and bikes, with the company riding on the growth to fuel expansion.The company signed two loan facilities during the period, totaling $250 million, as it looks to ratchet u ...
VinFast's quarterly revenue jumps on strong deliveries, taps debt to fuel expansion
Vietnam's VinFast reported a sharp rise in third-quarter revenue on Friday, bolstered by strong sales of its electric cars and bikes, with the company riding on the growth to fuel expansion.The company signed two loan facilities during the period, totaling $250 million, as it looks to ratchet u ...
US states take aim at data-driven pricing to ease consumer pain
Even as the White House seeks to roll back state laws on artificial intelligence, states are pursuing an increasing number of bills to ban tech-driven pricing practices in an effort to bring consumers relief from high costs.By taking on these practices, states are building on the work of former FTC ...
European arms makers retreat as Ukraine peace plan gains traction
Defence stocks have helped to push the STOXX 600 index 10% higher this year
Google aims to dodge breakup of ad business as antitrust trial wraps
Alphabet's Google will make its final plea to avoid a breakup of its advertising technology business in a U.S. court on Friday, as the Department of Justice's antitrust case draws to a close.Google has so far come away largely unscathed from a bipartisan government legal crackdown on the d ...
Analysis:Jitters over AI spending set to grow as US tech giants flood bond market ​
NEW YORK :Investors are growing uneasy that the rapid rise in public debt used to bankroll AI investments could strain the U.S. corporate bond market and eventually dampen the appeal of tech stocks, despite leverage across most major companies remaining low for now.Big tech firms are turning aggress ...
Foxconn-Nvidia US$1.4 billion Taiwan supercomputing cluster to be ready by H1 2026, Foxconn says
The Apple’s top iPhone assembler has been expanding beyond electronics into electric vehicles and AI data centres
Indian rupee slides to record low, central bank likely intervenes near 89.50/USD
[MUMBAI] The Indian rupee weakened to a lifetime low against the dollar on Friday (Nov 21), pressured by shrinking risk appetite amid...
Daily Debrief: What Happened Today (Nov 21)
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