Leadership
Westpac posts higher quarterly profit as loan volumes grow, late repayments decline
AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said a widely awaited interest rate cut by the central...
STI’s new high: A narrow group of companies unlocking value, lifting profitability has driven the run
GIC shouldn’t allocate funds to ‘pump-prime’ the market; another vehicle should be formed to seize the economic benefits of a more vibrant local market ecosystemThe Straits Times Index (STI)...
Broadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports
Intel’s rivals Taiwan Semiconductor Manufacturing Co (TSMC) and Broadcom are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported on...
Data centre S-Reits report growth in latest results
THE rise of artificial intelligence (AI) has been a key theme for investors in recent years, and data centre (DC) assets are likely beneficiaries as the adoption of such...
Meta plans major investment into AI-Powered humanoid robots
META Platforms, after pushing into augmented reality and artificial intelligence (AI), has identified its next big bet: AI-powered humanoid robots.The company is making a significant investment into the category...
Dell nears US$5 billion AI server deal for Elon Musk’s xAI
DELL Technologies is in advanced stages of securing a deal worth more than US$5 billion to provide Elon Musk’s xAI with servers optimised for artificial intelligence (AI) work.The company...
Trump’s Washington is opening its doors to eager fintechs
AFTER struggling to win much sway in a Biden-era Washington, some of the biggest fintech firms are now getting a lot more facetime on Capitol Hill. Groups that lobby...
JPMorgan expects criticism over its DEI policy
The bank’s latest annual filing has only one mention of DEI, in contrast with six mentions in the previous yearJPMORGAN Chase expects to face criticism on some of its...
