UK privacy watchdog launches investigation into Grok
LONDON, Feb 3 : Britain's privacy watchdog on Tuesday launched a formal investigation into Elon Musk's xAI chatbot Grok over the processing of personal data and its potential to produce harmful sexualised images and video content. The probe is into xAI and X Internet Unlimited Company - th ...
Disappointment for some, relief for others as markets ponder Warsh’s nomination as next Fed chief
In some quarters, he is seen as a ‘credible choice’, who may hold his own against President Trump’s demand for rate cuts
QatarEnergy secures long-term LNG supply deal with Japan's Jera as demand surges
Feb 3 : QatarEnergy, one of the world's biggest LNG suppliers, signed a deal on Tuesday with Japan's top power generator Jera to supply 3 million tons of LNG annually for 27 years from 2028, further strengthening Qatar's position in the Japanese market. The agreement, made on the si ...
QatarEnergy signs 27-year LNG supply agreement with Japan's Jera
Feb 3 : QatarEnergy, one of the world's biggest liquefied natural gas (LNG) suppliers, signed an agreement on Tuesday with Japan's biggest power generator Jera to supply 3 million tons per year of LNG for 27 years.The agreement, which took place on the sidelines of LNG2026 industry confere ...
PayPal shares sink on CEO exit, disappointing 2026 profit forecast
Feb 3 : PayPal replaced its CEO Alex Chriss, who was brought in to steer the payments firm through slowing growth and heightened competition, and simultaneously issued a lackluster profit forecast for 2026 on Tuesday, sending its shares down 19 per cent.The company's board, which named HP' ...
PayPal sees 2026 profit below estimates, names HP's Lores as CEO
Feb 3 : PayPal issued a lackluster profit forecast for 2026 and reported fourth-quarter earnings below Wall Street expectations on Tuesday, while naming HP's Enrique Lores as its president and CEO.Shares of the company slumped nearly 16 per cent in premarket trading, after the payments giant� ...
HP appoints Bruce Broussard as interim CEO
Feb 3 : HP Inc on Tuesday named Bruce Broussard as the company's interim chief executive officer effective immediately.He succeeds Enrique Lores, who has stepped down as President and CEO and as a member of the board to pursue another professional opportunity, the company said.
PayPal names Enrique Lores as CEO
Feb 3 : PayPal said on Tuesday it has named Enrique Lores as president and CEO, effective March 1.
India's top court questions WhatsApp policy of sharing user data with Meta entities
NEW DELHI, Feb 3 : India's top court on Tuesday warned it could reimpose a ban on Meta-owned WhatsApp's data sharing with other group entities, saying the messaging app's privacy policy misled users, two lawyers present in court said.WhatsApp has been locked in a dispute with India� ...
Mooreast to collaborate with Sime Darby unit to capture offshore-related business
The Edge Singapore - Mooreast Holdings has announced a collaboration with Sime Darby Joy Industries to develop offshore-related business opportunities, including for renewable energy. Under terms of a non-binding indicative term sheet, both parties plan to explore, develop and undertake business opportunities to fabrica ...
US space stocks rise after Musk's SpaceX merges with xAI at $1.25 trillion valuation
Feb 3 : U.S. space stocks rose on Tuesday after Elon Musk announced the merger of SpaceX and xAI in a deal that valued the combined entity at $1.25 trillion, a major push to expand artificial intelligence infrastructure outside earth.Musk said the most cost-effective way to generate AI compute will ...
Explainer-What is Indonesia doing in wake of $80 billion market plunge?
JAKARTA, Feb 3 : Indonesia has promised capital market governance reforms after global index provider MSCI flagged concerns about market transparency that have rocked Indonesian stocks, wiping about $80 billion in value off the exchange.MSCI also said the capital market of Indonesia - Southeast Asia ...
NASA delays Artemis 2 moon mission to March due to liquid hydrogen leak
Feb 3 : NASA said on Tuesday it was targeting a March window to launch its Artemis 2 mission to send four astronauts around the moon after a delay in this week's departure, caused by a leak of liquid hydrogen during a key "wet dress rehearsal".The mission is the second in the multibil ...
Former Biofourmis CEO to be charged over alleged fraud and falsified invoices worth US$16.5 million
Deon Loke - BT understands the accused to be the healthcare startup’s founder and former chief executive Kuldeep Singh Rajput
Exclusive-Despite new curbs, Elon Musk’s Grok at times produces sexualized images - even when told subjects didn’t consent
NEW YORK, NY, Feb 3 : Elon Musk’s flagship artificial intelligence chatbot, Grok, continues to generate sexualized images of people even when users explicitly warn that the subjects do not consent, Reuters has found.After Musk’s social media company X announced new curbs on Grok’s public outpu ...
GuocoLand seeks to take Malaysian unit private at RM1.10 per share
Sharanya Pillai - This represents a 17.7% premium to GLM’s last-traded share price of RM0.935 on Jan 30, GuocoLand says
CapitaLand India plans 50 billion rupees debt sale to trim FX costs
The shift marks a pivot for the Singapore-listed trust as higher rates and currency swings reshape funding
US brokers may charge fee from ETF managers as commission-free trading takes a toll
Feb 3 : U.S. brokerage firms and custodians may seek distribution fees from managers of exchange-traded funds, J.P. Morgan said, marking a possible crucial shift in the country's $13.5 trillion ETF market.The U.S. market over the past decade has seen the rise of new fintech firms that introduce ...
Gold on track for US$6,000 by year-end despite recent volatility: Deutsche Bank Private Bank CIO
Koh Kim Xuan - Investors should diversify their portfolios and focus on AI-related asset classes, says Christian Nolting
GuocoLand to privatise Bursa-listed GuocoLand (Malaysia); shareholders to receive RM1.10 per share
Jovi Ho - GuocoLand Limited is moving to privatise Bursa-listed GuocoLand (Malaysia) Berhad by way of a selective capital reduction and repayment exercise for some RM269.4 million ($86.9 million). As at Jan 19, GuocoLand Limited’s wholly owned subsidiary GLL (Malaysia) owns approximately 65.03% of the total ...
Singtel rally helps lift Singapore stocks to another record high; STI up 1.1%
Renald Yeo - The iEdge Singapore Next 50 Index, however, fell 0.5% to 1,489.35
Trump's tariff cut spells relief in India despite scant details
NEW DELHI, Feb 3 : U.S. President Donald Trump's move to slash tariffs on Indian imports sparked a relief rally across the Asian country's markets on Tuesday, lifting sentiment among exporters and policymakers even as details of the agreement remained scant. Trump announced a trade deal wi ...
Hongkong Land's SCPREF is uniquely Singapore, as share buyback programme increases by US$300 million
The Edge Singapore - On Dec 12, Hongkong Land announced the formation of Singapore Central Private Real Estate Fund (SCPREF) with $8.2 billion of assets under management at inception. Hongkong Land will be the General Partner and Manager of the Fund, and hold a majority stake in SCPREF at inception, as a founding invest ...
Hongkong Land launches S$8.2 billion private fund with portfolio including Asia Square Tower 1 and One Raffles Link
Jessie Lim - The fund will be Singapore’s largest commercial real estate private fund
Hong Kong December retail sales rise 6.6%, see support from visitor growth
HONG KONG, Feb 3 : Hong Kong's retail sales by value rose 6.6 per cent in December from a year earlier, the eighth month of gains, as the region's economic recovery continued solidly during the period, government data showed on Tuesday.Sales increased to HK$35 billion ($4.48 billion). In N ...
MSCI warning helps Indonesia, sees growth gains, finance minister says
Purbaya expects economic growth to come in at 6% this year and accelerate to 6.5% in 2027
ST Engineering’s hovercraft-like AirFish set to ply Singapore-Batam route from second half of 2026
ST Engineering will also work with operator Wings Over Water Ferries (WOW) to bring the service to India
Toyota Industries signals profit growth as tariff impact settles
Third-quarter operating income was 48.5 billion yen
GE Aerospace to inject US$300 million to boost Singapore engine repair business with EDB support
Derryn Wong - The move will focus on AI, automation and digitalisation to raise productivity and turnover
EU looks to rebalance China trade as global economic uncertainty grows
Trade between the European Union and China makes up more than 30 per cent of global gross domestic product, but the relationship is heavily skewed.
Japan's Nikkei jumps near 4%, closes at record high
[TOKYO] Japan’s Nikkei share average climbed nearly 4 per cent to close at a record high on Tuesday (Feb 3) rebounding from...
SLA launches tender of conserved heritage bungalows at Adam Park
Samantha Chiew - The Singapore Land Authority (SLA) has launched a concept and price revenue tender for a cluster of 19 residential heritage bungalows at Adam Park on a 30-year leasehold tenure. The 12.8ha site in Adam Park has an existing gross floor area of about 9,137 sqm. It is situated on high ground off Adam R ...
A-Sonic to take 55% stake in Malaysia's tech firm RES
The Edge Singapore - A-Sonic Aerospace plans to take a 55% stake in RES Malaysia, a Malaysian information technology company, so as to expand its tech capabilities and apply it on its logistics business. The amount to be invested is not disclosed for now. RES has four wholly-owned units, and has a 30% associate stake in ...
Bank of Korea board members signal prolonged pause in easing cycle, minutes show
SEOUL, Feb 3 : Most board members of the Bank of Korea continued to echo concerns about a weaker won fueling financial market instability, minutes of the bank's previous meeting showed on Tuesday, signaling a prolonged pause in its easing cycle.The bank's monetary policy board on January 1 ...
