Alibaba sues US Department of Defense for branding it a 'Chinese military company'
June 23 : Chinese tech and e-commerce giant Alibaba sued the U.S. Department of Defense for designating it a "Chinese military company," according to a court filing on Tuesday.
Anthropic launches Claude Tag in Slack with plans for wider rollout
June 23 : Anthropic on Tuesday launched an artificial intelligence agent inside Salesforce's Slack app that can work alongside employees in group chats, deepening its push into the enterprise market that has emerged as a key battleground for AI startups.Called Claude Tag, the tool lets users su ...
Anthropic launches Claude Tag in research preview for Slack users
June 23 : Anthropic on Tuesday launched an artificial intelligence agent inside Salesforce's Slack app that can work alongside employees in group chats, deepening its push into the enterprise market that has emerged as a key battleground for AI startups.Called Claude Tag, the tool lets users su ...
SPS Commerce explores sale amid activist pressure, sources say
(Corrects date of Anson stake disclosure in paragraph 5)By Milana VinnNEW YORK, June 23 : Supply chain software maker SPS Commerce is exploring a sale amid pressure from activist investors, according to three people familiar with the matter.The company is working with investment bank Morgan Sta
Exclusive-SPS Commerce explores sale amid activist pressure, sources say
NEW YORK, June 23 : Supply chain software maker SPS Commerce is exploring a sale amid pressure from activist investors, according to three people familiar with the matter.The company is working with investment bank Morgan Stanley on the potential sale, which is expected to draw interest from private ...
Mark Zuckerberg directed Meta to create a prediction markets app, NYT reports
June 23 : Meta CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar to Polymarket and Kalshi, the New York Times reported on Tuesday, citing two employees with knowledge of the matter.The company did not immediately respond to a Reuters request for c ...
Blackstone plans $30 billion investment in Japan AI data centres, Nikkei reports
June 23 : Blackstone is planning to invest $30 billion in Japan's AI data centers over the next three to five years, its president and chief operating officer Jonathan Gray told Nikkei in a recent interview, the business daily reported on Tuesday.The world's largest alternative asset manag ...
BOE's Taylor backs extended hold for interest rates
It’s the right response to the increase in price pressures spurred by conflict in the Middle East
Bitcoin hits two-week low as tech selloff sparks risk-off mood
US-listed spot Bitcoin exchange-traded funds have seen US$2.4 billion in outflows so far in June
Ho Bee Land to issue S$150 million worth of 10-year green notes at 3.3%
Ry-Anne Lim - Net proceeds will go towards funding or refinancing new or existing green projects
Ho Bee Land to issue S$150 million worth of 5-year green notes at 3.3%
Ry-Anne Lim - Net proceeds will go towards funding or refinancing new or existing green projects
Singtel’s Australian unit Optus prices S$200 million 10-year fixed-rate notes at 2.84%
Ry-Anne Lim - Net proceeds will fund the subsidiary’s ordinary course of business
Singtel’s Australian unit prices S$200 million 10-year fixed-rate notes at 2.84%
Ry-Anne Lim - Net proceeds will fund Optus’ ordinary course of business
India's Bajaj Auto says ransomware attack hits systems
June 23 : India's Bajaj Auto on Tuesday said a ransomware attack earlier in the day impacted the automaker and its unit Bajaj Auto Technology's systems.The company said it initiated necessary precautionary actions and protocols to mitigate the impact of the incident, adding that these meas ...
China Resources New Energy draws 6.4 trillion yuan in retail bids for biggest Shenzhen IPO
It is on course to raise up to 24.5 billion yuan if an overallotment option is fully used
Porsche’s promised comeback does little to calm investors over China
Its new CEO promised to lay out concrete steps on Oct 7
Wall St falls at open on tech selloff as concerns about hawkish Fed, AI spending mount
[NEW YORK] Wall Street’s main indexes opened lower on Tuesday (Jun 23), following sharp losses in megacap and semiconductor stocks as investors...
Singapore Airlines prices 1.5 billion yuan dim sum notes at 2.38%
Ry-Anne Lim - Proceeds will go towards aircraft purchases and aircraft-related payments, among uses
Singapore Airlines prices 1.5 billion yuan dim sum notes at 2.38 per cent
Ry-Anne Lim - Proceeds will go towards aircraft purchases and aircraft-related payments, among uses
Meta announces new range of smart glasses starting at $299
June 23 : Meta Platforms on Tuesday announced a new range of AI smart glasses in partnership with EssilorLuxottica, starting at $299.
French mid-sized firms adopt AI but see few gains, survey shows
June 23 : Generative AI use is spreading quickly among French mid-sized companies, but most have yet to report clear productivity benefits, according to a survey by state-backed investment bank Bpifrance.Bpifrance said in its annual barometer of Entreprises de Taille Intermédiaire, or ETIs, that 77 ...
GoTo, Grab to cut driver commissions to 8% in Indonesia
The companies will begin applying the 8% commission rate on July 1
Maersk CEO sees solid container demand through second half
THE head of A.P. Moller-Maersk A/S, the world’s No. 2 container carrier, said he expects global demand for merchandise trade to remain...
Finland may approve Tesla's supervised self-driving software before EU vote
HELSINKI, June 23 : Finland may approve Tesla's self-driving assistance system earlier than a European Union-wide decision expected in October, the country's transport authority said on Tuesday.The Netherlands in April became the first European country to grant provisional approval for Tes ...
US dollar rises to one-year high on Fed hike bets; yen hovers near 40-year low
[LONDON] The US dollar rose to its highest level in more than a year on Tuesday (Jun 23) as traders positioned for...
UK tribunal gives go ahead for £3 billion lawsuit against Apple over iCloud services
Apple has previously rejected the allegations
Iran says card-based banking hit by cyberattack on three lenders
DUBAI, June 23 : Iran's state-owned banking technology provider said on Tuesday that cyberattacks disrupted card-based banking services at Bank Melli, Bank Saderat and Bank Tejarat.This had prompted a temporary suspension of all card-related operations at the three banks to prevent further unau ...
UK tribunal gives go ahead for $4 billion lawsuit against Apple over iCloud services
LONDON, June 23 : Britain's competition tribunal has approved a £3 billion ($4 billion) lawsuit against Apple over its iCloud storage service, consumer group Which? said on Tuesday, clearing the way for tens of millions of consumers to join a collective action.The Competition Appeal Tribunal g ...
SoFi deepens AI-powered trading ambitions with Composer deal
June 23 : Financial services firm SoFi said on Tuesday it has bought Composer, an AI startup that helps retail investors build and execute sophisticated trading strategies that have long been the preserve of Wall Street firms.While commission-free trading has made it easier for individual investors ...
Digital euro clears key hurdle as EU seeks to break free from US credit cards
[FRANKFURT] The European Central Bank (ECB) secured key parliamentary backing on Tuesday (Jun 23) for the launch of a digital euro, an...
ECB secures key parliamentary backing for digital euro
The ECB plans to pilot the digital euro in the second half of 2027
Singapore-based car marketplace Carro said to be exploring US IPO
Sources say it is working with advisers and could raise as much as US$500 million
SoftBank-backed car marketplace Carro is said to explore US IPO
Sources say it is working with advisers and could raise as much as US$500 million
Singapore stocks end flattish after tech sell-off drags Asia markets; STI up 0.03%
Mapletree Pan Asia Commercial Trust leads the gainers on the blue-chip index
