AI personal shoppers hunt down bargain buys

AI personal shoppers hunt down bargain buys

[NEW YORK] Internet giants are diving deeper into e-commerce with digital aides that know shoppers’ likes, let them virtually try clothes on, hunt for deals and even place orders. The rise of virtual personal shoppers springs from generative artificial intelligence (AI) being put to work in “agents” specialising in specific tasks and given autonomy to…

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Seatrium posts S$21.3 billion Q1 net orders

Seatrium posts S.3 billion Q1 net orders

[SINGAPORE] Seatrium recorded net order book wins amounting to S$21.3 billion as at end-March, comprising 26 projects with delivery dates till 2031. Of these, nine are scheduled for delivery in 2025, and they have a contract value of S$387 million, the offshore and marine specialist said on Thursday (May 29) in its Q1 business update.…

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Hong Kong bankers on edge over US$11 billion New World refinancing

Hong Kong bankers on edge over US billion New World refinancing

[HONG KONG] Hong Kong bankers have become fixated on an US$11 billion loan deal with unusually high stakes for the financial hub. New World Development, an embattled property developer controlled by one of Hong Kong’s richest families, is aiming to complete one of the city’s largest-ever corporate refinancing deals with more than 50 banks by…

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Hong Kong bankers on edge over US$11 billion New World refinancing

Hong Kong bankers on edge over US billion New World refinancing

[HONG KONG] Hong Kong bankers have become fixated on an US$11 billion loan deal with unusually high stakes for the financial hub. New World Development (NWD), an embattled property developer controlled by one of Hong Kong’s richest families, is aiming to complete one of the city’s largest-ever corporate refinancing deals with more than 50 banks…

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