Hedge fund managing partner Dmitry Balyasny taps AI as largest tail risk for 2026
ABU DHABI, Dec 9 : Hedge fund Balyasny Asset Management's managing partner said on Tuesday that the largest tail risk for the year ahead is if artificial intelligence surprises on the upside or the downside.Dmitry Balyasny, managing partner and the firm's chief investment officer, said if ...
How the battle over Warner Bros turned into a blockbuster
Netflix seeks studios and streaming only, while Paramount bids for the entire group
Malaysian royal launches ringgit-backed stablecoin for payments
Ryan Weeks and Niluksi Koswanage / Bloomberg - The eldest son of Malaysia’s billionaire king is launching a ringgit-backed stablecoin in the latest example of crypto tokens designed for payments expanding across the Asia-Pacific region. Bullish Aim Sdn., chaired and owned by Ismail Ibrahim, the son of Sultan Ibrahim Iskandar of the Johor royal ...
EU launches antitrust probe into Google's use of online content for AI purposes
It wants to know whether Google is distorting competition by imposing unfair terms and conditions on publishers and content creators
India’s biggest airline IndiGo says operations ‘back to normal’
The aviation regulator still orders the airline to cut its planned flights by 5%
India aviation regulator asks IndiGo to cut 5% of winter flights
The government has launched an investigation into how the airline ended up in its predicament
Warner Bros fight heats up with US$108 billion hostile bid from Paramount
Acceptance of the bid would trigger a US$2.8 billion breakup fee payable to Netflix
Google faces EU antitrust investigation over AI Overviews, YouTube
BRUSSELS, Dec 9 : Alphabet's Google faces an EU antitrust investigation into its use of publishers' online content and YouTube videos to train its artificial intelligence models.The European Commission's second investigation into Google in less than a month underscores growing unease ...
Google faces EU antitrust investigation into AI Overviews, YouTube
BRUSSELS, Dec 9 : Alphabet's Google faces an EU antitrust investigation into its use of web publishers' online content and YouTube videos to train its artificial intelligence models, the European Commission said on Tuesday. The Commission, which acts as the EU competition enforcer, said it ...
RHB ups Centurion’s TP to $1.86 as it adds Perth PBSA development
Felicia Tan - RHB Bank Singapore analyst Alfie Yeo has increased his target price to $1.86 on Centurion Corp after the company’s 25% stake acquisition of a 472-bed purpose-built student accommodation (PBSA) development in Perth, Australia for A$6 million ($5.1 million). The project is located at 37-43 Stirling ...
Stellantis partners with Bolt for 2026 driverless ride-hailing trials in Europe
Dec 9 : Carmaker Stellantis is teaming up with Estonia-based ride-hailing platform Bolt to deploy driverless vehicles across Europe, with plans to begin on-road trials in 2026, the companies said on Tuesday.The collaboration will integrate Stellantis' purpose-built autonomous vehicle platforms ...
CAREIT an ‘attractive diversification play’ with ‘decent’ yields, says RHB in unrated report
Felicia Tan - RHB Bank Singapore analyst Vijay Natarajan has called Centurion Accommodation REIT (CAREIT) an “attractive diversification play” in an unrated report dated Dec 9. CAREIT, which debuted trading on Sept 25, is Singapore Exchange’s (SGX) first living accommodation sector pure-play. The REIT has a ...
South Korea police raid e-commerce giant Coupang over data leak
Personal information of 33.7 million customers had been leaked – almost two-thirds of the population
Tech sector, followed by utilities and wealth management, most attractive to Singapore-focused investors: PwC
Kwan Wei Kevin Tan - Nearly two-thirds of investment professionals who invest in Singapore expect the technology sector to draw the most investment over the next three years, according to PwC’s 2025 Global Investor Survey published Dec 9. The survey, which ran from Sep 1 to Oct 6, drew responses from 1,074 investment ...
BOJ Governor Ueda says rises in long-term interest rates 'somewhat rapid'
TOKYO, Dec 9 : The Bank of Japan plans to ramp up government bond buying if long-term interest rates rise sharply, Governor Kazuo Ueda said on Tuesday, noting that the recent rate rises have been "somewhat rapid.""Recently, long-term rates have been rising at a somewhat rapid pace,&qu ...
Singapore must take bolder steps to keep thriving as a global financial hub: Ex-DBS chief
He added that transforming the way finance works will require commitment and a completely new infrastructure
Analysts see much room for growth ahead for LHN
Samantha Chiew - Analysts are upbeat on LHN’s outlook and expect the newly listed Coliwoo to drive growth. In a Dec 8 report by CGS International, analysts Tan Jie Hui and Lim Siew Khee say: “We believe Coliwoo will remain a significant driver of LHN’s FY2026 earnings despite the spin-off, supported by new and ...
BHP strikes US$2 billion funding deal with GIP for iron ore power network
The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake
No bubble, doom, or trouble for Malaysia’s data centres
For over the past year, questions have persisted about Malaysia’s data centre boom. Is it sustainable? Will hyperscalers pull their chips? Is it in...
Australia’s central bank holds rates steady, rules out further cuts
Bond yields spike to a 13-month high after governor Bullock says that price risks have ‘tilted to the upside’
Australia’s central bank holds rates steady, signals no rush to hike
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending
Spacecraft brings Russians, American back to earth, Russia's space agency says
MOSCOW, Dec 9 : A Soyuz MS-27 spacecraft carrying Russian cosmonauts Sergei Ryzhikov and Alexei Zubritsky and NASA astronaut Jonathan Kim has returned to Earth, Russia's Roscosmos space agency said on Tuesday.The spacecraft landed at 08:04 Moscow time (05:04 GMT) near the Kazakh city of Zhezkaz ...
US Justice Department accuses two Chinese men of trying to smuggle Nvidia chips
Prosecutors estimate that the scheme had been in operation since at least November 2023, according to court documents
Bitcoin's 2025 rollercoaster may end on a low
With a series of record highs and crushing sell-offs, 2025 has been a rollercoaster ride for bitcoin, the world's largest cryptocurrency, which is at risk of ending the year with its first annual decline since 2022.The world's main stock benchmarks have also had a turbulent year, repeatedl ...
Global pilots warn India's rest rule exemption for IndiGo raises safety concerns
Dec 9 : India's decision to ease stricter rules on pilot rest following a wave of flight cancellations by the country's largest carrier should be reversed due to the adverse effect of fatigue on safety, the head of global pilot union group IFALPA said.IndiGo, which controls about 65 per ...
Singapore-focused investors look to tech sector for growth: poll
Shikhar Gupta - The PwC survey results detail the views of 322 Singapore-focused investors
Vietnam’s Vingroup to develop US$3 billion ecosystem in Telangana, strengthens India push
VinFast, despite its ongoing global expansion, continues to report widening losses
Google says first AI glasses with Gemini will arrive in 2026
Samsung Electronics, Warby Parker and Gentle Monster are among its early hardware partners
Vietnam's Vingroup to develop $3 billion ecosystem in Telangana, strengthens India push
HANOI, Dec 9 : Vietnam's largest conglomerate Vingroup on Tuesday signed a memorandum of understanding with Telangana's state government for a proposed $3 billion investment to establish a multi-sector ecosystem in the southern Indian state.The projects would cover smart urban development, ...
Aster invests US$155 million to expand Singapore’s Bukom refinery capacity
Chloe Lim - The rejuvenation projects are targeted to be operational in 2026
'Deteriorating' outlook for shipping: Fitch
Lin Daoyi - In light of ongoing geopolitical and policy risks, Fitch Ratings is maintaining its deteriorating outlook for global shipping into 2026. Fitch expects weaker GDP growth across most major economies to negatively impact the sector on a y-o-y basis, with downside risk from any correction in the financi ...
Chinese clean-energy foreign investment surging, says think tank
Washington’s hostility to clean energy has also played into Beijing’s hands
Singapore-licensed MetaComp raises US$22 mil to scale stablecoin payment network
Nurdianah Md Nur - MetaComp, a Singapore-licensed stablecoin payments and treasury management provider, has raised US$22 million ($28.5 million) in a Pre-A funding round. The round was backed by Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund and Beingboom Capital, with 100Summit Partners as exclusive financi ...
CGSI increases Marco Polo Marine’s TP to 20 cents citing ‘better yard outlook’ ahead
Felicia Tan - CGS International analysts Meghana Kande and Lim Siew Khee have increased their target price for Marco Polo Marine to 20 cents from 14 cents previously as they see a “better yard outlook” ahead for the offshore and marine (O&M) company. The more bullish outlook came after Kande and Lim atten ...
