Internship-stacking just got a boost: MAS and IBF launch the Young Talent Programme for AI in Finance (YTP-AIF)
Belle Neo - The Monetary Authority of Singapore (MAS) and the Institute of Banking and Finance (IBF) have launched the Young Talent Programme for AI in Finance (YTP-AIF), revealing plans to make over 1,000 intern- and trainee-ship positions available through structured programmes over the next year from its com ...
Internship-stacking just got a boost with the newly-launched Young Talent Programme for AI in Finance (YTP-AIF)
Belle Neo - The Monetary Authority of Singapore (MAS) and the Institute of Banking and Finance (IBF) have launched the Young Talent Programme for AI in Finance (YTP-AIF), revealing plans to make over 1,000 intern- and trainee-ship positions available through structured programmes over the next year from its com ...
Beyond survival: Elite UK Reit plots next phase of growth
Ry-Anne Lim - After stabilising the trust, CEO Joshua Liaw looks to more asset repositioning, active portfolio management
More serious effects of Iran conflict will be seen in coming months, says Apac airline association
Governments and airlines must cooperate closely, says head of Association of Asia Pacific Airlines
Asian airlines face collapse risks without government aid for high fuel prices
AAPA expects lower levels of profitability, fewer passengers to fly this year
Annual US$600 bil opportunity across climate and sustainability ecosystem by 2028 with AI: BCG and Temasek report
Lin Daoyi - A new report published by Boston Consulting Group (BCG) and Temasek has estimated that artificial intelligence (AI) could unlock an US$600 ($768) billion of annual value globally by 2028. More importantly, it connects sustainability with financial returns using AI. Published on May 19 at Ecosperity ...
AI Is now a trusted insider in your business but is it being governed like one?
Garen Ling - The establishment of the National AI Council and Singapore’s targeted National AI Missions signal a government intent on moving beyond experimental pilots, embedding AI into business operations at scale and securing the city-state’s reputation as a regional leader in the technology. The Thales D ...
Formentera sees Asian buyers seeking more Australian gas on supply squeeze
ADELAIDE, May 19 : Energy-focused U.S. private investment firm Formentera Partners said on Tuesday a lot of Asian oil and gas buyers, including Japan, may look to buy more gas from Australia as they face a global supply crunch caused by the Middle East conflict."This is the first time within As ...
Bets on Bank Indonesia rate hike ratchet up as rupiah hits record low
Elisa Valenta - The central bank last raised its benchmark interest rate in April 2024
Bets on Bank Indonesia rate hike rachet up as rupiah hits record low
Elisa Valenta - The central bank last raised its benchmark interest rate in April 2024
China will open its market to AI chips from US, Nvidia’s CEO says
NVIDIA chief executive officer Jensen Huang, speaking days after he joined President Donald Trump’s May 14-15 summit in China, said he expects...
Analysts maintain bullish view on ST Engineering; UOBKH's Chen raises target price to $11.75
The Edge Singapore - Analysts have maintained their bullish views on Singapore Technologies Engineering after its 1QFY2026 business update indicating strong earnings growth momentum and better prospects of new contracts to add to an order book that is already at a record high of $34.5 billion. For the three months to Ma ...
Analog Devices in talks to buy Empower Semiconductor for $1.5 billion, Bloomberg News reports
May 18 : U.S. chipmaker Analog Devices is in advanced talks to acquire artificial intelligence chip company Empower Semiconductor for about $1.5 billion in cash, Bloomberg News reported on Monday, citing people familiar with the matter.Here are a few details: • Empower Semiconductor is a Silicon V ...
Elon Musk loses OpenAI court battle: 5 takeaways from the blockbuster trial
Musk is still determined to bring down OpenAI
Google, Blackstone to create AI cloud firm with in-house chips
The move adds to a boom in spending on computing infrastructure
Undergrads to get hands-on AI finance training; sector to offer over 1,000 internships, traineeships
Renald Yeo - Young Talent Programme for AI in Finance is part of a broader push by MAS and IBF to expand talent pathways
Frencken shares fall 15.5% after Q1 earnings dive
Deon Loke - The technology solutions provider posts a 20.2% drop in net profit
Japan ready to act on FX volatility, mindful of US bond market impact
PARIS, May 18 : Japan stands ready to act against excessive foreign exchange volatility at any time, while ensuring that any yen-buying, dollar-selling intervention is conducted in a way that avoids pushing up U.S. Treasury yields, officials said on Monday."As we have stated previously, we will ...
Meta moves 7,000 workers into AI roles ahead of job cuts
Employees will move into one of several new groups focused on AI-related products, including agents and apps
Australia's TechnologyOne sees opportunity in British local government changes
May 19 : Australia's TechnologyOne on Tuesday said it expects to continue benefitting from cost cuts at a time when a surge of populist lawmakers is set to come to power in British local governments, among the company's top clients.TechnologyOne, which sells interactive software with embed ...
Stocks to watch: CDL, Lendlease Global Commercial Reit, Frencken, Geo Energy, Ever Glory
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect the trading of their securities on Tuesday (May 19):
Saint Laurent CEO admits brand must do more to retain luxury shoppers
Cedric Charbit says Saint Laurent has focused heavily on its wealthiest clients, while aspirational customers have fallen through the cracks during the luxury slowdown.
Gold extends gain as hopes for Iran truce ease inflation fears
The precious metal rises as much as 0.4% to trade around US$4,585 an ounce
Google, Blackstone plan AI cloud venture with $5 billion backing, WSJ reports
May 18 : Alphabet's Google and Blackstone plans to launch an artificial-intelligence cloud company using Google's specialized chips, the Wall Street Journal reported on Monday, citing sources.Blackstone, the world's largest alternative asset manager, is expected to contribute $5 billi ...
Google, Blackstone to launch AI cloud venture to meet data centre demand
May 18 : Alphabet's Google and Blackstone said on Monday that they will form an artificial intelligence cloud business venture aimed at capitalising on an insatiable demand for AI computing services.Blackstone, the world's largest alternative asset manager, will invest an initial $5 billio ...
DBS maintains 'buy' call and $12 target price on CDL following the return of 'experienced steward' Kwek Leng Peck
The Edge Singapore - Tabitha Foo of DBS Group Research has maintained her positive view on City Developments after news that Kwek Leng Peck - "an experienced steward" - has rejoined the company's board after six years. Leng Peck, cousin of executive chairman Kwek Leng Beng and uncle of group CEO Sherman K ...
Japan's economy grew more than expected in Q1
TOKYO, May 19 : Japan's economy grew an annualised 2.1 per cent in the first quarter, data showed on Tuesday, a sign it was on a solid recovery path before the energy shock caused by the Middle East conflict muddled the outlook.The increase in Japan's real gross domestic product (GDP) was ...
Japan's solid Q1 GDP faces reality check as Iran war threatens economy
TOKYO, May 19 : Japan's economy grew faster than expected in the first quarter on solid exports and consumption, data showed, though momentum will face a severe test as the full force of the energy shock from the Iran war filters through businesses and consumers.The data will be one of the key ...
Japan's economy grows at solid pace in Q1, but Iran war set to upend momentum
TOKYO, May 19 : Japan's economy grew faster than expected in the first quarter on solid exports and consumption, data showed, though momentum will face a severe test as the full force of the energy shock from the Iran war filters through businesses and consumers.The data will be one of the key ...
Bank Indonesia to hike interest rates on May 20, slim majority of economists said
BENGALURU, May 19 : Bank Indonesia will hike its key policy rate by 25 basis points on Wednesday, according to a slim majority of economists in a Reuters poll who said the weak rupiah could lead the central bank to tighten policy.The rupiah, already under pressure from concerns about fiscal manageme ...
StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030
The bank says the next phase of its growth would be aided by a more integrated operating model
Japan's economy expands annualised 2.1% in Q1, above forecast
TOKYO, May 19 : Japan's economy grew an annualised 2.1 per cent in the first quarter, government data showed on Tuesday, compared with the median market forecast for a 1.7 per cent gain.The growth in gross domestic product (GDP) translated into a quarterly increase of 0.5 per cent, which compar ...
OpenAI defeats Elon Musk’s lawsuit, removes obstacle to IPO
Judge says possible Musk appeal would face uphill battle
Elon Musk loses case against Sam Altman over OpenAI’s overhaul; verdict removes obstacle to IPO
Judge says possible Musk appeal would face uphill battle
