Salesforce deepens AI automation push with $3.6 billion Fin buyout
June 15 : Salesforce on Monday said it will buy autonomous AI agent platform Fin for about $3.6 billion, bolstering its Agentforce offering as the business software provider deepens its focus on automation.The acquisition marks Salesforce's latest bet to accelerate its AI transition amid a wide ...
Salesforce to buy AI agent platform Fin for about $3.6 billion
June 15 : Salesforce said on Monday it had signed an agreement to buy autonomous AI agent platform Fin for about $3.6 billion.The deal strengthens Salesforce's Agentforce platform, as technology firms compete to roll out usage-based autonomous digital workers across enterprises.Following comple ...
BlackRock evaluating S$330m hotel purchase in Singapore CBD, Chinatown area
Kalpana Rashiwala - The price for Capri by Fraser China Square is expected to be about S$330 million; the hotel is on a long lease...
BlackRock said to be in exclusive due diligence for Capri by Fraser China Square
Kalpana Rashiwala - The price is expected to be about S$330 million; the hotel is on a long lease with a balance of about 69.5...
Allianz’s reported HSBC Life bid reflects race for scale in Singapore’s competitive life insurance sector
Ranamita Chakraborty - HSBC has reportedly shortlisted Allianz, Sumitomo Life Insurance and Dai-ichi Life Holdings as bidders for the Singapore insurance unit
ASX admits to misleading on CHESS software upgrade, agrees to $14.5 million penalty
June 15 : Australia's ASX admitted to making misleading statements regarding the progress of a troubled software upgrade on Monday, while agreeing to pay a penalty of A$20.5 million ($14.50 million), subject to the Federal Court's approval.The Australian Securities & Investments Commis ...
Canada's Nuvei to buy Payoneer for $2.75 billion in cross-border payments push
June 15 : Nuvei will buy cross-border payments firm Payoneer for about $2.75 billion in cash, the companies said on Monday, as the Canadian fintech aims to expand globally.Nuvei will buy all shares of Payoneer for $7.40 apiece, a premium of about 44 per cent to their last close on June 8. Payoneer h ...
Retail investors face tighter limits than funds in SpaceX IPO flipping
Underwriters and brokerage platforms impose market restrictions on flipping because it can destabilise the stock
‘Very low chance’ that US-Iran deal reverts energy flows to South-east Asia through Hormuz: Bloomberg Economics
Evan See - Regional growth in H2 is expected to slow amid high oil prices, US tariffs and fiscal concerns, says economist
Fox strikes $22 billion deal for Roku to fuel streaming push
June 15 : Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online.The deal, announced on Monday, gives Fox access to the more than 100 mi ...
Fox to buy Roku in $22 billion deal to accelerate shift to digital
June 15 : Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online.The deal, announced on Monday, gives the cable TV-reliant Fox direct ac ...
Fox to buy Roku in $22 billion deal
June 15 : Fox signed an agreement to acquire Roku in a deal valued at about $22 billion, the companies said. Roku is one of the first companies to bring streaming platforms like Netflix and YouTube to television through connected devices and smart TVs.Its business is largely driven by advertising an ...
Singapore stocks continue rally; STI up 1%
Jardine Matheson and Yangzijiang Shipbuilding lead the gainers on the blue-chip index, both rising 4.3%
China sets sights on heavy truck electrification in blow to diesel demand
The country could move toward electric trucks at an even faster pace than targets indicate
AT&S invests up to €2 billion in Malaysia plan to capitalise on AI boom
VIENNA, June 15 : Austrian circuit board manufacturer AT&S has announced it is investing up to €2 billion ($2.3 billion) in Malaysia to capitalise on the AI boom, sending its shares soaring nearly 30 per cent."We will fully expand our site in Kulim," the company's CEO Michael Me ...
US energy shares slump as Iran deal lowers Hormuz supply disruption risk
June 15 : U.S. energy shares fell on Monday as crude prices dropped after Washington and Tehran agreed terms to end their months-long conflict and reopen the Strait of Hormuz, a vital oil transit chokepoint.The U.S. and Iran will sign a memorandum of understanding in Switzerland on Friday, said t ...
Energy shares fall as Iran deal lowers Hormuz disruption risk
June 15 : U.S. energy shares fell in premarket trading on Monday as crude prices tumbled after Washington and Tehran reached an initial deal that could end the months-long conflict and reopen the vital Strait of Hormuz.The U.S. and Iran will sign a memorandum of understanding in Switzerland on Frida ...
SIA Group passenger traffic rises 4.9% in May
Shikhar Gupta - Singapore Airlines and Scoot carry a total of 3.6 million passengers, a 5.2% year-on-year increase
What's next for SpaceX stock after IPO blastoff
NEW YORK, June 15 : The SpaceX IPO went off with a bang. Now investors turn their attention to a jam-packed calendar ahead for Elon Musk's rocket, internet and AI firm that may bring volatility.Just in the next two months, the sixth-largest U.S. listed company by market value will have a handfu ...
Warsh's debut Fed press conference may reveal his strategy for inflation, rates
WASHINGTON, June 15 : New Federal Reserve Chairman Kevin Warsh has talked at length in recent years about the U.S. central bank's balance sheet, the need to say less about interest rates and why it should not dip into issues like climate change.A Fed press conference on Wednesday, though, will ...
UOB Private Bank appoints Dennis Hong as regional market head for Greater China and North Asia franchise
Felicia Tan - UOB Private Bank has appointed Dennis Hong as its regional market head for its Greater China and North Asia franchise, the bank announced on June 15. Hong, who will be leading the growth and strategic development of the regions, will take on the role officially from September onwards. He will report ...
Analysts mostly lift SGX’s TPs after ‘strong’ May trading stats
Felicia Tan - Analysts are mostly bullish over Singapore Exchange’s (SGX) prospects after the exchange reported a “strong” set of numbers in May. During the month, securities market turnover rose by 70.4% y-o-y to $45.8 billion. Securities daily average value (SDAV) increased by 79.4% y-o-y to $2.4 billion, ...
Billionaire Partners Group founder moves to split family office
Wietlisbach is seeking independence over individual investments, sources said
Foundation Healthcare plans to file Singapore IPO soon: sources
The company is seeking to raise as much as S$500 million in the listing
Foundation Healthcare plans filing Singapore IPO soon: sources
The company is seeking to raise as much as S$500 million in the listing
Scandal-hit KPMG Australia will not bid for new federal work until end-September
State and federal agencies are reviewing their current contracts, private sector clients have also cut ties
Oil settles at three-month low after Trump says deal signed to end Iran war
HOUSTON, June 15 : Oil prices settled down $4 a barrel to a three-month low on Monday after President Donald Trump said the United States and Iran have signed a memorandum of understanding aiming to end the Iran war and reopen the Strait of Hormuz.Brent crude futures settled down $4.16, or 4.76 per ...
Oil falls $4 to three-month low after Trump says deal signed to end Iran war
HOUSTON, June 15 : Oil prices slumped around $4 a barrel to a three-month low on Monday amid a broad selloff after President Donald Trump said the United States and Iran have signed a memorandum of understanding aiming to end the Iran war and reopen the Strait of Hormuz. Brent crude futures fell $4. ...
Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz
HOUSTON, June 15 : Oil prices slumped 5 per cent to a three-month low on Monday amid a broad selloff after the U.S. and Iran said they agreed terms to end their war and reopen the Strait of Hormuz. Brent crude futures fell $4.38, or 5.02 per cent, to $82.95 a barrel by 10:54 a.m. EDT (1455 GMT) and ...
Britain announces sweeping social media ban for under-16s
Australia was the first country to ban social media for children under 16
Koh of UOBKH maintains 'buy' on UIBREIT with growing presence in 'high value' aerospace industry
The Edge Singapore - Jonathan Koh of UOB Kay Hian has reiterated his bullish call on UI Boustead REIT for a second time in three weeks, on the premise that the REIT is gaining a distinct edge with its strong presence in the high value, growing aerospace industry. Just last week, Bombardier announced it is spending $100 ...
‘Not just a venue manager’: The Kallang goes all out to court the world’s top concerts and sports events
Lee U-Wen - More are willing to spend on unique, memorable experiences than on physical goods, says chairman Keith Magnus
Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators
Researchers interviewed by Reuters said Tesla’s figures are highly misleading
US cybersecurity firm N-able opens India GCC, plans 50% local workforce expansion by end-2026
June 15 : U.S.-based cybersecurity firm N-able Inc plans to expand its India workforce by at least 50 per cent by the end of 2026, targeting the country's deep pool of AI and cybersecurity talent, CEO John Pagliuca said.N-able, which provides IT management, cybersecurity, and data protection so ...
