Bank of Korea needs to remain wary of financial stability risks, board member says
SEOUL, Dec 23 : South Korea's central bank needs to remain wary of financial stability risks, such as heightened volatility in the won currency and upward pressure on house prices, a board member said on Tuesday. "Volatility is increasing in financial and foreign exchange markets with ...
Australia central bank saw risk of rate rise in 2026 to contain inflation
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to...
Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake
Deon Loke - Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit
Saks mulls bankruptcy year after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month,...
Addvalue Technologies ID buys 250,000 shares at 6.4 cents each
Kwan Wei Kevin Tan - Kelvin Chow Chung Yip, independent and non-executive director of the mobile satellite communications company Addvalue Technologies, bought 250,000 shares from the open market on Dec 22 at 6.4 cents each. Chow was the CEO of Lendlease Global Commercial REIT from June 2018 to March 2025. Before Lendle ...
Stocks to watch: CapitaLand Investment, Ever Glory United, Alpha Integrated Reit
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23):
Stocks to watch: CapitaLand Investment, Ever Glory United
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23):
Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024
Citigroup to boost Japan investment banking team on deal boom
Other banks are strengthening their investment banking operations in Japan as well
Electronic Arts shareholders approve US$55 billion sale to Saudis
ELECTRONICS Arts shareholders approved the US$55 billion sale of the company, a leading video-game publisher, in a deal led by Saudi Arabia’s...
New York Times reporter sues Google, xAI, OpenAI over chatbot training
Dec 22 : An investigative reporter best known for exposing fraud at Silicon Valley blood-testing startup Theranos sued Elon Musk's xAI, Anthropic, Google, OpenAI, Meta Platforms and Perplexity on Monday for using copyrighted books without permission to train their artificial intelligence s ...
Can China’s ‘six little dragons’ slay their AI, robotics rivals from the US?
Chloe Lim - Deepseek and its Chinese peers have lower cost and national support on their side
Singapore’s biotech strategy will benefit from collective, not competitive, thinking
Successful innovation requires a holistic risk-based approach beyond financial, infrastructure and manpower investments
Oil loading in Venezuela slows, more ships make U-turns after new US interceptions
The number of loaded tankers that have not departed has increased
US bars approvals of new models of DJI, all other foreign drones
DJI, the world’s largest dronemaker, sells more than half of US commercial drones
US freezes five big offshore wind projects, shares dive
THE Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the US East Coast over what...
Commentary: China travel is cool again for foreign tourists
In China, consumers have all the bargaining power and the tourism industry is one example, says Bloomberg Opinion's Shuli Ren.
Commentary: The TikTok question is being swept under the rug
The ByteDance deal does little to address why it was given this sale-or-ban ultimatum in the first place, says Dave Lee for Bloomberg Opinion.
US stocks push higher while gold, silver notch fresh records
WALL Street stocks pushed higher on Monday to begin a holiday-shortened trading week, while oil prices rallied amid worsening tensions between the United States...
Oil settles higher on risk of disruptions to Venezuela, Russia supply
[NEW YORK] Oil prices settled higher on Monday after the US Coast Guard tried to intercept an oil tanker in international waters near Venezuela a day...
Goodman Group, Canada's CPPIB strike $9.3 billion deal for Europe data centres
Dec 23 : Australian data centre landlord Goodman Group said on Tuesday it had signed a A$14 billion ($9.32 billion) partnership agreement with Canada Pension Plan Investment Board to develop data centre projects in Frankfurt, Amsterdam and Paris.The 50-50 venture, CPPIB's first data ce ...
European shares muted at start of holiday-shortened week
EUROPEAN shares were little changed on Monday, with beverage stocks weighing on the index, as investors navigated a holiday-shortened week on a tepid note...
Superbank, Merdeka Gold and Prajogo-linked IPOs jolt Indonesia’s equity market back to life
Elisa Valenta - Around 13 companies are in the listing pipeline next year
South Korea online retailer Coupang faces US securities class action over massive data breach
WASHINGTON, Dec 22 : South Korean e-commerce company Coupang has been sued in a U.S. court in an investor class action alleging violations of securities laws after a cybersecurity breach exposed personal information of more than 33 million customers.The lawsuit, filed last week in federal court i ...
FanDuel, CME Group launch prediction markets in five US states
Dec 22 : Sports betting firm FanDuel and derivatives exchange heavyweight CME Group on Monday announced the launch of their prediction markets platform in five U.S. states, as the red-hot asset class continues to draw in new entrants.The platform has been launched in Alabama, Alaska, South Caroli ...
United Launch Alliance CEO Tory Bruno resigns
Dec 22 : Tory Bruno has resigned as United Launch Alliance's CEO after leading the Boeing and Lockheed Martin-owned rocket maker for nearly 12 years, the company said on Monday, adding an interim CEO will take Bruno's place.Bruno, a longtime Lockheed executive who has led an array ...
California examines incidents of stalled Waymo robotaxis after San Francisco power outage
Dec 22 : A top California regulator said it was looking into incidents in which robotaxis from Alphabet unit Waymo stalled in parts of San Francisco on Saturday due to a widespread power outage that snarled traffic and gridlocked parts of the city.Waymo paused service Saturday evening following a fi ...
Waymo resumes San Francisco service after power outage pause
Dec 22 : Alphabet unit Waymo said on Monday it resumed its ride-hailing service in the San Francisco Bay Area on Sunday, a day after temporarily suspending operations due to a widespread power outage that snarled traffic and gridlocked parts of the city.The company paused service Saturday e ...
Coinbase doubles down on prediction markets with deal for The Clearing Company
Dec 22 : Coinbase said on Monday it will buy prediction markets startup The Clearing Company, as the crypto exchange looks to expand beyond its core digital assets business.Prediction markets let users buy and sell contracts tied to the outcomes of real-world events, ranging from elections and ec ...
Warner Bros bidding war and red hot M&A market has dealmakers working through holidays
NEW YORK, Dec 22 : A flurry of multi-billion-dollar deals has bankers and advisers from Wall Street to Canary Wharf packing laptops next to presents and warning family and friends their holiday vacations over the next two weeks will be cut short.There have been $463.6 billion in mergers and acqui ...
Alphabet to buy data center firm Intersect in $4.75 billion deal amid AI push
Dec 22 : Alphabet said on Monday it would buy data center and energy infrastructure provider Intersect for $4.75 billion in cash, plus assumed debt, as tech giants ramp up spending to expand computing and power capacity necessary for developing AI.Under the deal, Alphabet will acquire Inter ...
Alphabet to buy clean energy developer Intersect in $4.75 billion deal amid AI push
Dec 22 : Alphabet said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand the computing and power capacity necessary for developing artificial intelligence.Big Tech has ramped up investments in energy firms ...
Ellison steps in with personal guarantee as Paramount fights for Warner Bros
Dec 22 : Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance's latest effort to pry Warner Bros Discovery away from selling its prized Hollywood assets to streaming giant Netflix.The guarantee, disclosed in a filing on Monday, seeks to a ...
Israeli high-tech funding rises to nearly $16 billion in 2025, report says
JERUSALEM, Dec 22 : Israeli high-tech companies raised $15.6 billion in private funding in 2025, up from $12.2 billion in 2024, Startup Nation Central said in a report on Monday citing preliminary data.The tech sector, regarded as one of the largest in the world, accounts for about 20 per cent of ...
