Apple to allow third-party app stores in Brazil to settle iOS case with regulator
SAO PAULO, Dec 23 : Apple will allow other app stores besides its own in the tech giant's iOS operating system in Brazil to settle a three-year case with the country's antitrust regulator CADE, both parties said on Tuesday.An internal panel at CADE formed a majority to accept Apple' ...
Equities rise after strong US data; yen firms on currency warnings
NEW YORK/LONDON, Dec 23 : Major stock indexes were up while Treasury yields were little changed on Tuesday after stronger-than-expected U.S. economic data, while the yen shot up after warnings from Tokyo on its readiness to support the battered currency.The pan-European STOXX 600 index registered a ...
US judge blocks Texas app store age law meant to protect children
WASHINGTON, Dec 23 : A federal judge in Texas on Tuesday blocked Texas from enforcing a new state law aimed at protecting children by requiring app stores and developers to verify the age of users, in a win for Apple , Alphabet's Google and other technology companies.U.S. District Judge Robe ...
Trump's AI hiring campaign draws interest from 25,000 hopefuls
WASHINGTON, Dec 23 : Roughly 25,000 people have expressed interest in joining the Trump administration's cadre of engineers known as Tech Force, a senior Trump administration official said on Tuesday, as the U.S. government looks to install staff with artificial intelligence expertise in fed ...
US airlines see record holiday travel even as airfares climb
A daily average of 2.9 million passengers will travel between Dec 19 and Jan 5, up 1.5% from a year earlier
US delays slapping tariffs on China chips until 2027
Chinese Embassy in Washington expresses opposition to any tariffs
US holds off on new China chip tariffs amid Trump-Xi truce
This decision is the latest signal that the Trump administration is seeking to stabilise ties with China
US delays announcement of China chip tariffs until 2027
The move represents the latest effort by President Donald Trump to dial down tensions with Beijing
ServiceNow agrees to buy cyber startup Armis for US$7.75 billion
The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates
Wall Street opens lower as yields rise after GDP data
[NEW YORK] US stock indexes opened lower on Tuesday (Dec 23) after stronger-than-expected economic data drove Treasury yields higher, weighing on heavyweight...
US dollar retreats as prospect of Fed rate cuts overshadows growth data
NEW YORK, Dec 23 : The U.S. dollar weakened on Tuesday in a holiday-shortened week after data showing strong growth in the world's largest economy failed to shift sentiment on a currency under pressure from expectations of Federal Reserve interest rate cuts next year.The report bolstered vie ...
US dollar falters as markets focus on Fed easing over growth data
NEW YORK/LONDON, Dec 23 : The U.S. dollar fell on Tuesday in a holiday-shortened week, weighed down by expectations of more rate cuts next year, though it trimmed losses against the yen and euro after data showed strong third-quarter growth in the world's largest economy.The report bolstered ...
US dollar trims losses after stronger-than-expected growth data
NEW YORK, Dec 23 : The U.S. dollar curbed its losses against the yen and euro on Tuesday, after data showed the world's largest economy posted higher-than-expected growth in the third quarter, reinforcing expectations the Federal Reserve will pause cutting rates at its January meeting. ...
India’s RBI to inject 2 trillion rupees via fresh bond buys, US$10 billion in FX swap
This is to offset the cash drain from its US dollar sales in the currency market to support a weakening rupee
ServiceNow to buy Armis for $7.75 billion as AI-fueled cyber risks surge
Dec 23 : ServiceNow on Tuesday agreed to buy cybersecurity startup Armis for $7.75 billion, in the enterprise software maker's biggest-ever deal, as it bolsters its services to help counter rising cyberattacks driven by AI adoption.Through the deal, the company aims to integrate Alphabet-backed ...
Orsted sells 55% of Taiwan wind farm to Cathay
COPENHAGEN, Dec 23 : Danish offshore wind developer Orsted has agreed to sell a 55 per cent stake in its Greater Changhua 2 offshore wind farm in Taiwan to life insurance company Cathay in a deal worth around 5 billion Danish crowns ($788.74 million), it said on Tuesday.Orsted, the world
Novo Nordisk shares jump almost 8% after US approves Wegovy pill
The approval gives the drugmaker a first-mover advantage in the race for a potent oral weight-loss medicine
GSH Corp’s joint development pact with Fujian Jinnan on Malaysian land development project expires
Kwan Wei Kevin Tan - GSH Corporation says it will no longer be working with Fujian Jinnan Construction Group to develop a land parcel in Malaysia. On Oct 8, GSH's subsidiary GSH Properties entered into a non-binding framework cooperation agreement with Fujian Jinnan to jointly develop a land parcel located in the C ...
NTT DC REIT added to S-REIT Benchmark Index
Kwan Wei Kevin Tan - The number of constituents in the Singapore REIT (S-REIT) Benchmark Index has gone up to 28 with newcomer NTT DC REIT joining the index. The benchmark index is relevant to the determination of the performance fee that may be paid to the manager under the trust deed constituting the respective REITs. ...
China’s renminbi climbs to 15-month high, overcoming weak PBOC fixing
On Dec 23, onshore yuan ends at 7.0287 per US dollar, while its offshore counterpart fetches 7.0181 at 4.30pm SGT
AI data centers are forcing dirty ‘peaker’ power plants back into service
Dec 23, CHICAGO - In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides.The rarely-used eight-unit Fisk power ...
AI data centers are forcing obsolete ‘peaker’ power plants back into service
Dec 23, CHICAGO - In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides.The rarely-used eight-unit Fisk power ...
Paramount’s new offer for Warner Bros is not sufficient, major investor says
The investors now have until Jan 21 to accept or reject the so-called tender offer
Paramount's new offer for Warner Bros is not sufficient, major investor says
Dec 23 : Paramount Skydance's latest offer to buy Warner Bros Discovery still is not good enough for prominent shareholder Harris Oakmark, the investor told Reuters on Friday. Warner Bros' fifth largest shareholder, owning 96 million shares or about 4 per cent of shares as of the end of ...
Vietnam puts 1,200-hectare, two-city International Financial Centre into operation
Jamille Tran - Hanoi introduces sweeping guiding frameworks that include Common Law elements, 10-year residency for foreign experts, and 30-year tax incentives
CPF in 2026: Higher CareShield Life payouts, matched MediSave top-ups and more
Shikhar Gupta - Six new changes will be rolled out, starting from Jan 1
A Trump-inspired ‘Big Beautiful’ baby bonus could help birth the next boom for Singapore equities
Jude Chan - It wouldn’t cost much relatively, and it could pave the way for stock investments to be part of our lives – while...
Chip turmoil will worsen on Nexperia spat: Wingtech chair warns
Ruby Yang adds that as the dispute continues, the damage to global industrial chain, investment confidence and shareholders deepens
Accrelist chairman continues share buying spree, raises stake to 29.65%
Kwan Wei Kevin Tan - Terence Tea, executive chairman and managing director of Accrelist, has raised his stake in the investment holding company to 29.65% after buying another 100,000 shares from the open market. Tea purchased the shares on Dec 22 at 4.8 cents apiece. With the purchase, Tea now holds 95,188,556 shares in ...
Singapore office landlords poised to turn more aggressive in rent expectations
Kalpana Rashiwala - Most property consultants project acceleration in CBD Grade A office rent growth in 2026, on the back of tighter supply
Indonesia’s major telco Indosat Ooredoo Hutchison enters JV to build fibre infrastructure
Lionel Lim - Venture with Arsari Group and Northstar Group will allow Indosat to monetise its fibre assets
Singapore stocks inch up on inflation forecast; STI gains 0.6%
Navene Elangovan - The iEdge Singapore Next 50 Index rises 0.2% or 2.38 points to 1,447
Japan to test mine rare-earth mud from deep seabed
TOKYO: Japan will conduct test mining of rare-earth-rich mud from the deep seabed off Minamitori Island, some 1,900km southeast of Tokyo, from Jan 11 to Feb 14, the head of the government-backed project said on Tuesday (Dec 23). The operation will mark the world's first attempt to continuou ...
DBS and OCBC hit record highs; will the rally continue in 2026?
Both banks are set to close the year on a strong note, while UOB may need more time to overcome volatility
