AI hyperscalers will drive higher US corporate bond supply in 2026, analysts say
WASHINGTON, Jan 15 : U.S. corporate bond issuance is expected to increase substantially in 2026, driven in part by AI hyperscaler companies' build-out needs, analysts forecast.While pent-up M&A activity and a need by companies to refinance existing debt will likely contribute to higher over ...
IMF’s Georgieva says central bank independence critical, backs Powell
[KYIV] International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind...
JPMorgan CEO Jamie Dimon says he wants to stay in job at least five more years
[WASHINGTON] JPMorgan CEO Jamie Dimon wants to stay at his job “at least” five more years, he told an event hosted by...
US, Taiwan reach trade deal focused on semiconductors, US Commerce Department says
Chipmakers like TSMC that expand US production will get a lower tax rate for semiconductors they import into the country
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
[WASHINGTON] US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude...
Fed officials back rate-cut pause as inflation concerns linger
The central bank is widely expected to leave its benchmark unchanged at its Jan 27 to 28 meeting
Oil settles down 4% as Trump comments ease Iranian supply concerns
[HOUSTON] Oil prices settled down around 4 per cent on Thursday ending a five-day streak of gains after US President Donald Trump said...
European shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and...
US stocks: Wall Street ends up as banks gain following results; chips rally with TSMC
[NEW YORK] US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly...
California approves Verizon acquisition of Frontier, clearing way for closing
Jan 15 : The California Public Utilities Commission on Thursday approved Verizon Communications' $20 billion deal to acquire fiber-optic internet providers Frontier Communications , clearing the way for the deal to close on Tuesday after Verizon agreed to a series of conditions.California state ...
California set to approve Verizon acquisition of Frontier
Jan 15 : The California Public Utilities Commission is set on Thursday to approve Verizon Communications's (VZ.N) $20 billion deal to acquire fiber-optic internet providers Frontier Communications (FYBR.O) after a series of conditions agreed to by the U.S. telecom company, board members said. ...
Blackstone could invest up to $4.65 billion for data center in Germany, Handelsblatt reports
Jan 15 : Blackstone could invest up to 4 billion euros ($4.65 billion) for a data center in Lippetal, Germany, Handelsblatt reported on Thursday, citing sources.In December, Blackstone’s president Jon Gray said he still sees good opportunities to invest in data centers despite a rush of investment ...
Blackstone to invest $4.65 billion for data center in Germany, Handelsblatt reports
Jan 15 : Blackstone is providing 4 billion euros ($4.65 billion) for a data center in Lippetal, Germany, Handelsblatt reported on Thursday, citing sources.Blackstone did not immediately respond to a Reuters request for comment.($1 = 0.8611 euros)
Taiwan chip deal is worth a total of $500 billion, US Commerce Secretary Lutnick says
WASHINGTON, Jan 15 : Under the terms of a new U.S. trade deal with Taiwan, companies from Taiwan will invest $250 billion and the island's government will invest another $250 billion to expand semiconductor manufacturing in the United States, Commerce Secretary Howard Lutnick told CNBC on Thurs ...
US, Taiwan reach trade deal focused on semiconductors, Commerce Department says
Jan 15 : The U.S. and Taiwan have a reached a trade deal that the U.S. Commerce Department said on Thursday would drive a "massive reshoring of America’s semiconductor sector."Under the deal, the U.S. reciprocal tariff rate on Taiwanese goods would be capped at 15 per cent, according to ...
Publishers seek to join lawsuit against Google over AI training
Jan 15 : Publishers Hachette Book Group and Cengage Group asked a California federal court on Thursday for permission to intervene in a proposed class action lawsuit against Google over the alleged misuse of copyrighted material used to train its artificial intelligence systems. The publishers said ...
Netflix inks global deal to stream Sony Pictures' films after theatrical window
Jan 15 : Netflix and Sony Pictures Entertainment have reached a new agreement that would bring films such as "Spider-Man: Beyond the Spider-Verse" to the streaming giant's customers worldwide after they play in cinemas, the companies said on Thursday.Under the multi-year agreement, Ne ...
Analysis:Musk dealt blow over Grok deepfakes, but regulatory fight far from over
STOCKHOLM/LONDON, Jan 15 : Elon Musk's Grok chatbot is testing Europe's ability to clamp down on deepfakes and digital undressing of images online, even after regulators scored a rare win by forcing Musk's xAI to curb the creation of sexualized images.xAI said late on Wednesday it had ...
Musk dealt blow over Grok deepfakes, but regulatory fight far from over
STOCKHOLM/LONDON, Jan 15 : Elon Musk's Grok chatbot is testing Europe's ability to clamp down on deepfakes and digital undressing of images online, even after regulators scored a rare win by forcing Musk's xAI to curb the creation of sexualized images.xAI said late on Wednesday it had ...
Rio Tinto to supply copper to Amazon for AI data centers
Jan 15 : Rio Tinto said on Thursday it would supply copper that it leaches from an Arizona mine to Amazon.com for use in the tech giant's artificial intelligence data centers.The move underscores the rampant push by the AI industry for access to supplies of copper and other critical minerals th ...
Canada privacy watchdog expands probe into X, cites Grok deepfakes
Jan 15 : Canada's privacy watchdog said on Thursday it was expanding an existing probe into X following reports that the social media platform's Grok AI chatbot was making non-consensual sexually explicit deepfakes.In a statement, Privacy Commissioner of Canada Philippe Dufresne also said ...
Verizon offers $20 credit to customers affected by massive wireless outage
Jan 15 : Verizon Communications said on Thursday it is offering a $20 credit to hundreds of thousands of customers impacted by its 10-hour outage on Wednesday that the U.S. wireless company said was caused by a software issue.Verizon said the issue primarily impacted customers in the northeast, sout ...
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before
Asdew's Wang raises stake in Low Keng Huat to 7.29% with open market buying
The Edge Singapore - Wang Yu Huei, also known as Alan Wang, has emerged as a substantial shareholder of Low Keng Huat (Singapore), which is in the midst of a privatisation offer. Wang, who makes his investments via an entity called Asdew Acquisitions, on Jan 14 paid $33,636,195 for 43,542,000 shares, which works out to ...
Wall Street opens higher as chip stocks shine
[NEW YORK] Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally...
Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels
Consultant warns of speculation risks in red-hot Johor property market
Choy Nyen Yiau & Eng Wen Tzer / The Edge Malaysia - The Johor property market is booming thanks to projects like the Rapid Transit System (RTS) Link and the Johor-Singapore Special Economic Zone (JS-SEZ), but there are risks of over-speculation beyond the areas directly benefiting from them, according to a consultant. Rahim & Co International Pro ...
SiFive to adopt Nvidia technology for speedy links between chips
SAN FRANCISCO, Jan 15 Reuters) - SiFive, which makes blueprints for parts of complex chips, said on Thursday it will become the first maker of RISC-V chip designs to integrate Nvidia technology that creates speedy links between chips.Like SoftBank's Arm Holdings - an industry giant, SiFive prov ...
German AI startup Parloa triples valuation to $3 billion in latest fundraise
Jan 15 : German startup Parloa has raised $350 million in a late-stage round that tripled the valuation of the artificial intelligence-driven customer service platform to $3 billion in less than a year.The Series D round, announced on Thursday, was led by General Catalyst and joined by existing inve ...
Fengshui consultant Joey Yap’s outlook for 2026: Year of the Fire Horse
Jovi Ho - 2025 was a defining year, says Malaysia-born fengshui master Joey Yap. Founder of the Mastery Academy of Chinese Metaphysics and chief consultant of the Joey Yap Consulting Group, Yap says his team called it a “consolidation and build year”. “After several years of rapid expansion, this was th ...
Indonesian tycoon Sukanto Tanoto’s eldest son buying Singapore retail assets: sources
Kalpana Rashiwala - Private vehicle seen linked to Andre Tanoto said to have picked up Lian Beng’s four big HDB units, is in due diligence...
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Chloe Lim - Group is set to release its financial results for the first half-year on or about Feb 12
CapitaLand India Trust wins second hyperscaler agreement for data-centre development
Chloe Lim - The facility has a gross power capacity of 55 MW and is set to be completed by Q4 2026
S’pore office workers want more cafes and networking events
Jovi Ho - Singapore office landlords are expected to help improve employee engagement by providing more on-site lifestyle amenities, according to the results of a recent office worker survey. Some 95% of local office workers surveyed expect on-site F&B, retail and wellness amenities within the building an ...