Morgan Stanley considers offloading some of its data-centre exposure
Esteban Duarte, Paula Seligson and Davide Scigliuzzo / Bloomberg - Morgan Stanley, one of the key players in financing the artificial-intelligence race, is considering offloading some of its data-centre exposure via a so-called significant risk transfer. The bank has held preliminary talks with potential investors about an SRT tied to a portfolio of loans to busine ...
Trump wants Asia’s ‘cute’ Kei cars to be made and sold in US
The ultra-compact cars are tailored to narrow roads with an affordable price tag to match their size
Meta subject to EU antitrust investigation over plan to block AI rivals in WhatsApp
BRUSSELS, Dec 4 : Meta Platforms was subject to another EU antitrust investigation on Thursday over its rollout of artificial intelligence features in its WhatsApp messenger that would block rivals, as Big Tech's use of generative AI comes under increasing scrutiny. The European Commission op ...
EU to launch antitrust probe into Meta over use of AI in WhatsApp, FT reports
Dec 4 : Brussels is planning a new antitrust investigation into Meta Platforms over the rollout of artificial intelligence features within WhatsApp, the Financial Times reported on Thursday.Reuters could not immediately verify the report. Meta did not immediately respond to a Reuters request for com ...
Micron to exit consumer memory business amid global supply shortage
The company has long been shifting focus to its HBM business
Thai consumer confidence hits 6-month high in November, survey shows
BANGKOK, Dec 4 : Thai consumer confidence rose for a third consecutive month in November to reach its highest level in six months, helped by government policies and support for domestic tourism, a survey showed on Thursday.The consumer index of the University of the Thai Chamber of Commerce rose to ...
Singapore Shopping Centre takes another stab at collective sale with S$200 million price tag
Deon Loke - Its most recent transaction attempt in August carried the same asking price
Singapore Shopping Centre relaunched for sale at S$200 million
Deon Loke - Its most recent sales attempt in August carried the same asking price
Australia's Optus restores nbn services across Brisbane, parts of Queensland after outage
Dec 4 : Australian telecom company Optus has fully restored its National Broadband Network (nbn) services in Brisbane and other affected areas of Queensland following a recent outage, a company spokesperson said on Thursday. About 95,000 customers in Brisbane and parts of Queensland faced an outage ...
Asian markets stumble as traders struggle to hold Fed cut rally
Market players remain confident that the Fed will continue to cut interest rates into the new year
Hikvision challenges US decision to expand crackdown on Chinese telecom gear
WASHINGTON, Dec 3 : Chinese manufacturer Hikvision said on Wednesday its U.S. arm has challenged a new Federal Communications Commision rule that allows Washington to tighten rules on telecoms gear made by Chinese companies deemed security risks.In October, the U.S. telecoms regulator voted 3-0 to b ...
Bitcoin miners hunted after stealing US$1 billion of electricity from Malaysia grid
Cracking down on illegal Bitcoin mining gangs has become a cat-and-mouse game in the country
BOJ's Ueda flags uncertainty on how far rates can go up
TOKYO, Dec 4 : Bank of Japan Governor Kazuo Ueda said on Thursday there was uncertainty on how far the central bank could raise interest rates due to the difficulty of estimating the country's neutral rate of interest."Unfortunately, the neutral rate of interest is a concept for which we c ...
Ship rates spiking 467% marks upended trade across commodities
Freight costs typically dip at year-end due to seasonal weakness in demand
China floods the world with gasoline cars it can’t sell at home
China’s gasoline-vehicle exports alone – not including EVs and plug-in hybrids – made it the world’s largest auto-exporting nation by volume in 2024
Paramount hikes Warner Bros breakup fee to US$5 billion
The parent of CBS has now made five bids in total
Race for talent is on as bankers brace for IPO boom in Vietnam
The pipeline for first-time share sale looks busy heading into 2026
Gold holds steady after weak US jobs data reinforce rate-cut bets
The US dollar hit a five-week low on Thursday
Oil stable after Ukraine strike on Russian oil pipeline does not disrupt supply
LONDON, Dec 4 : Oil prices were steady on Thursday, with the market focused on Ukraine's attacks on Russian oil assets, while stalled peace talks tempered expectations of a deal restoring Russian oil flows.Brent crude rose 24 cents, or 0.4 per cent, to $62.91 at 1030 GMT, while U.S. West Texas ...
Oil prices firm after Ukrainian strikes on Russian oil infrastructure, stalled peace talks
BEIJING, Dec 4 : Oil prices moved slightly higher on Thursday after Ukrainian attacks on Russia's oil infrastructure signalled potential supply constraints, and stalled peace talks tempered expectations of a deal restoring Russian oil flows to global markets, though weak fundamentals kept gains ...
Oil gains after Ukraine hits Russian oil infrastructure, stalled peace talks
NEW DELHI, Dec 4 : Oil prices firmed on Thursday after Ukrainian attacks on Russia's oil infrastructure signalled potential supply constraints, and stalled peace talks tempered expectations of a deal restoring Russian oil flows to global markets, though weak fundamentals kept gains limited.Bren ...
M&A boom fuels record decline in Japan’s listed companies
The country is mirroring the decline in listings in developed markets that has been going on for decades
SGX denies it is in talks to buy Cboe Australia
The Edge Singapore - SGX Group has denied reports from Australia that it is in talks to acquire an exchange Down Under. According to the Australian Financial Review, SGX has held preliminary talks to acquire the Australian unit of Chicago-based Cboe Global Markets, potentially joining New Zealand's stock exchange a ...
Ringgit rally, fiscal strength fuel Malaysia’s bond momentum
For 2026, the government has set a deficit target of 3.5%
Goldman, BlackRock rush to fill wealth-advice void in Australia
As governments everywhere struggle with ageing populations and ballooning deficits, the country’s superannuation system stands out as a model – with a...
Stocks to watch: Cordlife, DFI Retail Group, SingLand, Tuan Sing, Vibrant Group
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Dec 4):
OpenAI agrees to acquire AI startup Neptune to boost model training capabilities
Dec 3 : OpenAI has agreed to acquire Neptune, a startup that provides tools that help companies track their AI model training, the ChatGPT maker said on Wednesday. While OpenAI did not disclose the financial terms of the deal, The Information reported that OpenAI is paying less than $400 million in ...
Wikipedia seeks more AI licensing deals similar to Google tie-up, co-founder Wales says
Dec 3 : Wikipedia is working with Big Tech on deals similar to its arrangement with Google, the online encyclopedia's co-founder, Jimmy Wales, said on Wednesday, in a bid to help the firm monetize AI companies' heavy reliance on its content. Speaking in an interview at the Reuters NEXT su ...
Young innovators turn ideas into social impact at Huawei’s Tech4City Competition
Nurdianah Md Nur - Marking student essays is one of education's most laborious tasks. Teachers in Singapore spend an average of 6.4 hours a week grading, about a third of the 17.7 hours they devote to actual teaching. This leaves limited time to deliver the detailed, individualised feedback students need, accordi ...
Nvidia’s Huang unsure whether China would accept its H200 chips
Allowing H200 sales to the Asian nation would mark a significant win for the world’s most valuable company
Nvidia scores lobbying win as Congress rejects chip export bill
Lawmakers are working on another bill, the Safe Act, which would codify existing limits on AI chip sales to China
Concerns of weak prospects at Low Keng Huat belie a history of strong shareholder returns
Ben Paul - Over the past 16 years, its shares have delivered a total return higher than that of STI, CDL, Hongkong Land and UOL...
Singapore’s SGX mulls bid for Cboe Australia, AFR reports
Australia’s financial regulator is working closely with the parent company to find a suitable buyer
Intel says it will keep networking and communications unit
The chip maker has considerably improved its cash position as a result, finance chief Dave Zinsner says
