Ubisoft's 'Assassin's Creed Shadows' debuts with 'mostly positive' rating on Steam
The newest instalment in Ubisoft's blockbuster "Assassin's Creed" franchise received a "mostly positive" rating on Steam based on 359 user reviews, with 79 per cent of them being positive, about two hours after the title launched on the game distribution platform on Thu ...
Ubisoft's 'Assassin's Creed Shadows' debuts with 'very positive' rating on Steam
The newest instalment in Ubisoft's blockbuster "Assassin's Creed" franchise received a "very positive" rating on Steam based on 751 user reviews, with 80 per cent of them being positive, around four hours after its launch on the game distribution platform.The twice dela ...
SGX RegCo reprimands directors of BlackGold Natural Resources over lack of internal controls and timely disclosure
The Edge Singapore - SGX RegCo has publicly reprimanded directors of BlackGold Natural Resources for flouting listing rules, where among others, for failing to put in place effective internal controls and for not making timely disclosures. The directors named are executive director and CEO Andreas Rinaldi, independent d ...
Microsoft Malaysia to launch three data centres in Q2 2025
The data centres, known as the Malaysia West cloud, will be located in the greater Kuala Lumpur area, Laurence Si says
Microsoft’s US$2.2 billion Malaysia investment solid amid US policy uncertainty
Tan Ai Leng - The tech giant’s commitment is underscored by its Malaysia West cloud region, comprising three data centres in Greater Kuala Lumpur to be...
Warship maker Babcock to join FTSE 100 after defence rally
Joe Easton / Bloomberg - British warship maker Babcock International Group will rejoin the FTSE 100 index amid a rally in defense stocks as Europe ramps up security spending. The London-based firm will replace Hargreaves Lansdown in the benchmark on Monday, FTSE Russell said in a statement. A spot is opening up in the inde ...
BlackRock fund’s forfeited China towers to be sold at 40% loss
China’s biggest cities are seeing a growing number of office buildings that are barely half-full, triggering rent cuts and slumping values as...
Nvidia to invest billions in US chip production over four years: FT
Huang says Nvidia can now manufacture its latest systems in the United States through suppliers such as Taiwanese chipmaking giants TSMC and...
Most Asian markets track Wall Street rally after Fed rate signals
HONG KONG: Most Asian equities rose Thursday (Mar 20) after US Federal Reserve boss Jerome Powell suggested any increase in consumer prices caused by tariffs
Hong Kong central bank keeps base rate unchanged as Fed holds steady
Hong Kong financial and monetary markets have continued to operate in a smooth and orderly manner, market liquidity condition remains stable
TSMC risks losing lead to Tencent as Asia’s largest company
Cindy Wang / Bloomberg - Taiwan Semiconductor Manufacturing Co. (TSMC) risks giving up its lead over Tencent Holdings as Asia’s biggest company by market value, with investors focused on the latter’s artificial intelligence plans. TSMC shares have dropped 11% this year, falling alongside global chip stocks like Nvidia a ...
China rolls out the spending bazooka
Goola Warden - To get back its economic swagger, China is boosting domestic consumption. But will its people regain the confidence to start spending? In the age of Trump, a new China is emerging. The Chinese government is pulling out all the stops to boost consumer spending. Specifically, the Chinese government is ...
Why billionaire Li-Ka-shing’s Panama ports deal infuriated China
The billionaire has been reducing his group’s exposure to Greater China for decades now and only 12 per cent of CK Hutchison’s...
Why Sasseur REIT is a proxy for Chinese consumption
Goola Warden - The experience of local investors with S-REITs with Chinese assets hasn’t been a bed of roses so far. At one point, three S-REITs with Chinese assets and a property trust were listed. They were CapitaLand China Trust , Sasseur REIT, EC-World REIT and Dasin Retail Trust . Mapletree Logistics Trust ...
As Hongkong Land's US$11.5 bil bet on Shanghai takes shape, recycling plans are announced
Goola Warden - If there is one property company that has placed a big bet on China property, it is Hongkong Land (HKL). At first glance, based on its investment properties, HKL’s largest exposure is to the Hong Kong office sector, followed by the Hong Kong retail sector and the Singapore office sector. Its mainl ...
DFI bets on Japan-inspired 7-Eleven ‘food bars’ in Guangdong
The Edge Singapore - For Scott Price, group CEO of DFI Retail Group , which operates the 7-Eleven franchises across several markets in Asia, it is his business to be a keen observer of how consumers behave. Price is betting that his network of 1,800 7-Eleven convenience stores in China’s Guangdong province will enjoy ...
Asian markets get ‘breather’ with US Fed’s rate cut pause
Navene Elangovan - Singapore banks and Reits to benefit from steady rates, say observers
Couche-Tard, Seven & i solicit US store interest by March-end, Bloomberg News reports
Potential buyers for a divestiture package of Japan's Seven & i and Canada's Alimentation Couche-Tard's U.S. stores have until the end of March to express their interest and show they can overcome antitrust concerns as talks over a possible merger continue, Bloomberg News reported ...
Potential buyers of Couche-Tard, Seven & i US stores have until March-end, Bloomberg News reports
Potential buyers of Japan's Seven & i and Canada's Alimentation Couche-Tard's (ACT) U.S. stores have until the end of March to express their interest and address antitrust concerns, Bloomberg News reported on Wednesday, citing people familiar with the matter.Some potential buyers ...
Canada seeks defence ties and deals with Europe as US pulls back
Donato Paolo Mancini, Andrea Palasciano, Thomas Seal and Brian Platt / Bloomberg - Canada has floated doing major defence deals with Europe and improving the continent’s access to its critical minerals in response to US President Donald Trump’s threats and his pullback from US defence commitments. Canada is seeking closer defence industry cooperation with Italy and the Europea ...
Real estate sector sees robust activity, but Singapore professionals not ahead in salaries
Bapat Sara Manish - Wages have increased, but bonus gap is also widening, with over half of global respondents considering job changes
Analysts hike target prices for ST Engineering on bright outlook after guidance
Therese Soh - They predict that the company will benefit from growth in its defence segment
ST Engineering on a tear; stock hits successive highs and is now more expensive than DBS and other leading blue chips
Therese Soh - Brokers see gains from defence segment, company paints rosy prospects, fuelling its PE ratio to about 30, ahead of DBS, OCBC, UOB,...
Nvidia to invest billions in US chip production over four years, FT reports
Nvidia plans to invest hundreds of billions of dollars in U.S.-made chips and electronics over the next four years, CEO Jensen Huang told the Financial Times on Wednesday.
Sincap Group in RTO deal with Skylink APAC for $42.3 million
Samantha Chiew - Catalist-listed Sincap Group announced that it is acquiring 100% stake in Skylink APAC, a homegrown commercial motor vehicle leasing, hire purchase financing and related maintenance service provider, for $42.3 million in a reverse takeover (RTO) transaction. Skylink APAC would then obtain its public ...
Google, Apple hit by EU regulatory crackdown
Both companies have been in the European Commission’s crosshairs since March last year over concerns that they may not be complying with...
Google launches US$499 Pixel 9a, rivalling Apple’s iPhone 16e
The new model has a slightly larger screen than the 8a, moving from a 6.1-inch display to a 6.3-inch
Beating China influencers at their own game through high tea
Daryl Guppy - Chinese social media and its influencers are a key portal for brand development and promotion. While it may also not be suitable for every product or for every social media user, the methods used by Chinese influencers can be applied by foreigners who wish to break into the high-end and sophisticate ...
Gold climbs to record high as Fed signals two rate cuts in 2025
Gold rose to an all-time high on Thursday as the Federal Reserve hinted at two possible interest rate cuts this year, bolstering bullion's appeal amid ongoing geopolitical and economic woes.Spot gold was up 0.1 per cent at $3,049.89 an ounce as of 0210 GMT. Bullion reached an all-time high of $ ...
Gold scales record peak as Fed signals two rate cuts in 2025
Gold climbed to an all-time high on Thursday as the U.S. Federal Reserve signaled two possible interest rate cuts this year, adding to the precious metal's appeal amid ongoing geopolitical and economic tensions.Spot gold added 0.1 per cent to $3,050.94 an ounce as of 0520 GMT, after touching an ...
Gold steadies near record highs on Fed rate cut hints
Gold prices were steady on Thursday, after touching another record high earlier in the session, driven by the Federal Reserve's indication of likely interest rate cuts later this year and geopolitical and economic uncertainty fuelling safe-haven demand for the bullion. Spot gold held steady at ...
China holds benchmark lending rates steady as expected
[SHANGHAI] China held benchmark lending rates steady for the fifth straight month in March on Thursday (Mar 20), matching market expectations.
Oil prices rise on US data, Middle East tensions
BEIJING : Oil prices rose in early trading on Thursday on a decline in U.S. fuel inventories and a ratchetting up of tensions in the Middle East. Brent crude futures rose 40 cents, or 0.57 per cent, to $71.18 a barrel by 0213 GMT, while U.S. West Texas Intermediate crude (WTI) gained 34 cents, or 0. ...
Chinese shares’ premium to Hong Kong peers poised for 2020-low
John Cheng / Bloomberg - The price gap between mainland China stocks and their counterparts listed in Hong Kong is poised to reach a more than four-year low, as optimism in artificial intelligence drives investors to the city’s market. A measure of onshore shares’ premium to their Hong Kong peers is close to surpassin ...