Leadership
Singtel launches AI cloud service; to process data locally for sensitive sectors, government
SENSITIVE sectors, such as banking and healthcare, as well as the public sector, will soon be able to tap telco giant Singtel’s artificial intelligence (AI) cloud offering. The company...
Spotify starts free streaming option in South Korea
SPOTIFY’S free music and podcasts service option is now available in South Korea, the audio streaming platform said on Thursday (Oct 10), as it looks to widen its audience...
US charges 18 people, companies with cryptocurrency fraud
THREE cryptocurrency companies and 15 people have been charged with engaging in widespread fraud and market manipulation following an investigation in which the FBI for the first time directed...
Stocks to watch: SGX, Metro, NeraTel
THE following companies saw new developments that may affect trading of their securities on Thursday (Oct 10):
Powell’s half-point cut is hard to repeat with FOMC in no hurry
US FEDERAL Reserve chair Jerome Powell is unlikely to win another big interest-rate cut from his policy committee so long as the labour market holds up.Powell described the move...
BlackRock is among suitors exploring purchase of credit firm HPS
BLACKROCK is among firms exploring a purchase of HPS Investment Partners, according to sources with knowledge of the matter, in a deal that would push the world’s biggest asset...
Kiwi falls after hefty rate cut, US dollar edges up
THE New Zealand dollar slumped on Wednesday (Oct 9) after the country’s central bank cut interest rates by 50 basis points, while the US dollar nudged up against most...
Biggest US banks face revenue pressure in new era of rate cuts
BIG bank investors parsing through the industry’s third-quarter results this week will face something they haven’t grappled with in nearly a half-decade: the impact of Federal Reserve rate cuts.
JPMorgan...
