Take-Two prices 'Grand Theft Auto VI' at $79.99
June 24 : Take-Two Interactive Software has priced its highly anticipated "Grand Theft Auto VI" at $79.99 and will launch the game on November 19, the company said on Wednesday."GTA VI" is expected to be the world's largest videogame launch, bringing in billions of dol ...
Apple aims for better and more entertainment offerings, executive Cue says
CANNES, France, June 24 : Apple aims to release "better and more" TV shows and movies on its streaming service and in movie theaters, senior executive Eddy Cue told Reuters as he accepted an entertainment industry honor in France.The iPhone maker began offering original TV series and films ...
Vicom CEO Sim Wing Yew to retire; deputy CEO Chung Tying Chun to become new CEO
Felicia Tan - Vicom’s CEO Sim Wing Yew will retire after 14 years in the role. Sim, who was appointed to the position on May 1, 2012, will step down on Dec 31. Sim will also step down from his roles as director and member of Vicom’s sustainability and technology committees on the same day. Deputy CEO Chung Ty ...
Fewer job offers for junior roles due to AI, Swiss study shows
ZURICH, June 24 : Fewer junior positions are being advertised in Switzerland than before 2023 as firms increasingly adopt AI, a study by Swiss job portal jobs.ch published on Wednesday showed.The share of entry level roles advertised in Switzerland was 32 per cent lower in 2025 than the average betw ...
Singapore releases Economic Strategy Review Final Report, with more detailed proposals
Tessa Oh - New details include ideas to help startups attract foreign talent, grow Singapore’s energy hub role and aid jobseekers
Intense AI use still rare among eurozone firms, ECB researchers find
Intense use is skewed towards smaller companies
SK Hynix seeks 45.45 trillion won with US listing to fund AI boom
The listing would give the company access to a fresh pool of investors
Don’t ‘park the bus’ with S-Reits. Now is the time for a goal rush
Jude Chan - The worst is likely over for these ever-dependable trusts, but there could be better opportunities
Singapore tech unfazed by global sell-off on low AI exposure, supportive macro data
Shikhar Gupta - Overnight sell-off is linked to AI hardware stocks, including Nvidia, says RHB analyst
Intense AI use still rare among euro zone firms, ECB researchers find
FRANKFURT, June 24 : Only a small fraction of euro zone firms use artificial intelligence intensely and they tend to be small, young, service-oriented companies, leaving plenty of room for diffusion, a European Central Bank blog post said on Wednesday.The vast majority of firms now say they have bee ...
Netherlands lobbies US to drop chip curbs targeting ASML sales to China
China is the company’s most important market and accounted for 19% of net system sales in the first quarter
DBS provides US$210 million loan to energy transition partnership under Singapore’s blended finance initiative
Chloe Lim - With the move, the lender becomes the sole commercial bank supporting two pillars of Fast-P
Nikkei falls on Fed rate-hike bets, tech valuation concerns
The decline followed overnight losses in US stocks
AirPods maker Luxshare gauges interest for US$3 billion Hong Kong listing
Its 2025 revenue hit 332.3 billion yuan, up 24% from the same period the year before
CEO at Kadokawa, Japan's 'Elden Ring' powerhouse, survives shareholder vote
TOKYO, June 24 : Japanese media powerhouse Kadokawa said on Wednesday that its CEO had secured enough support from shareholders to stay on as a board member despite an activist investor campaign calling for him to step down.The exact level of support for Chief Executive Takeshi Natsuno at Kadokawa ...
Airbus A380 aircraft require checks for possible wing cracks
A total of 16 aircraft require additional checks
Bank of Japan’s governor Ueda reiterates risk of inflation exceeding 2% target, signals further rate hikes
The timing and pace of those adjustments will depend on the impact of the war in Iran, among other factors
South Korea's SK Hynix says to raise $29 billion in US ADR listing
SEOUL, June 24 : South Korea's SK Hynix said on Wednesday it plans to raise 45.45 trillion won ($29.43 billion) via the listing of American Depository receipts (ADR) in the U.S., as it seeks to expand its investor base and production capacity for chips used in artificial intelligence.($1 = 1,54 ...
European shares muted as investors assess US-Iran talks
Crude prices were trading at early-March levels
ETAF under Singapore's FAST-P raises US$250 million in first close
The Edge Singapore - On June 24, the Monetary Authority of Singapore (MAS), Clifford Capital, and the Private Infrastructure Development Group (PIDG) announced that the Energy Transition Acceleration Finance partnership (ETAF) has achieved its first close with US$250 million in committed capital for its displacement str ...
Malaysia central bank fines AEON Credit for sanctions breaches
KUALA LUMPUR, June 24 : Malaysia's central bank said on Wednesday that it has fined AEON Credit Service (M) Berhad 520,000 ringgit ($125,665) for breaches of targeted financial sanctions.AEON Credit, a Malaysian unit of Japan's Aeon Co, has since taken remedial measures and conducted refre ...
Japan plans to better manage war chest for yen intervention
Tokyo resumed massive intervention in late April when the currency slid past 160 per dollar
Temasek’s SeaTown, Oman wealth fund invest in Vinpearl’s US$255 million private credit
The financing was structured through convertible dividend preference shares, that pay dividends with the option to convert to equity
Thai central bank raises economic outlook, holds rates as expected
BANGKOK, June 24 : Thailand's central bank upgraded its economic growth forecasts on Wednesday, signalling a modest improvement in the outlook after it held interest rates steady for a second meeting.The Bank of Thailand (BOT) said it expected economic growth to come in at 2.3 per cent this yea ...
Thai central bank holds key interest rate, as expected
BANGKOK, June 24 : Thailand's central bank kept its key interest rate unchanged for a second straight meeting on Wednesday, as expected.The Bank of Thailand's monetary policy committee voted unanimously to maintain the one-day repurchase rate at 1.00 per cent.All 28 economists in a Reuters ...
When decisions outrun evidence: how agentic AI rewires insight for Singapore
Hui Ching Tan - In most organisations, the decisions that matter most are made well before the evidence meant to inform them actually arrives. A leader commits capital to a new market, repositions a product, or moves on a competitive opening, while the study that should have guided the choice arrives weeks later. I ...
BOJ must scrutinise impact on financial system from AI, non-bank activities, Ueda says
TOKYO, June 24 : Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank must scrutinise how Middle East developments, profitability of AI-related investments and overseas non-bank activities could affect the country's financial system."Japan's financial system remains st ...
Who captures the value in Singapore’s S$37 billion frontier tech bet?
For both companies and their investors, the opportunity is specific and time-bound
Alibaba sues Pentagon over blacklist designation
The lawsuit contests the Pentagon's decision to include Alibaba in a list released earlier in June of companies it says have ties to the Chinese military.
Emperador sets 2026 capex at 2.4 billion pesos, more than half to go towards whisky business
Deon Loke - The capital expenditure this year is lower compared with previous years
Japan’s NTT targets US$10 billion offering in largest Asian corporate bond sale of 2026
Half of the fundraising may be in US dollars, and the other half across euros and sterling
Talk of a bubble is 'blasphemy against AI' says SoftBank's Son
TOKYO, June 24 : SoftBank founder and CEO Masayoshi Son told shareholders on Wednesday that artificial intelligence is still in its early stages and any talk of a bubble is "an insult to AI." "I think it's blasphemy against AI if you say it's a bubble," Son said at the ...
Talk of a bubble is an 'insult to AI' says SoftBank's Son
TOKYO, June 24 : SoftBank founder and CEO Masayoshi Son told shareholders on Wednesday that artificial intelligence is still in its early stages and any talk of a bubble is "an insult to AI". "I think it's an insult to AI if you say it's a bubble," Son said at the Japan ...
AIP, backed by BlackRock and Temasek, said to be interested in Stack data centres
The number of prospective buyers reflects how data centres and related infrastructure have come to the forefront of dealmaking in Asia