Leadership

IBM makes more AI models open source and lands Saudi Arabia deal
IBM makes more AI models open source and lands Saudi Arabia deal
May 21, 2024
INTERNATIONAL Business Machines (IBM) on Tuesday (May 21) said that it will release a family of artificial intelligence models as open-source software, and that it will help Saudi Arabia...
Vendor in contract spat with Sembcorp’s wind-power unit in India files new counterclaim
Vendor in contract spat with Sembcorp’s wind-power unit in India files new counterclaim
May 21, 2024
A VENDOR involved in a contract dispute with Sembcorp Industries’ indirect, wholly-owned Indian subsidiary, Green Infra Wind Energy Limited (GIWEL) has added another claim to the dispute, bumping up...
Singapore stocks end Tuesday lower, as bearish sentiment builds across region
Singapore stocks end Tuesday lower, as bearish sentiment builds across region
May 21, 2024
LOCAL stocks slipped on Tuesday (May 21), as the Singapore market was not spared from the mounting gloom across South-east Asian indices and market traders.
Lendlease Reit could divest Jem office tower but still ride Jurong growth story with mall
Lendlease Reit could divest Jem office tower but still ride Jurong growth story with mall
May 21, 2024
LIKE some of its real estate investment trust (Reit) peers listed in Singapore, the manager of Lendlease Global Commercial Reit : JYEU 0% (LReit) could be looking to pare...
Singapore to sell at least S.1 billion of sovereign green bonds
Singapore to sell at least S$2.1 billion of sovereign green bonds
May 21, 2024
THE Singapore government plans to raise between S$2.1 billion and S$2.5 billion through the sale of 30-year sovereign green bonds, said the Monetary Authority of Singapore on Tuesday (May...
Nvidia earnings could spark US0 billion swing in shares, options show
Nvidia earnings could spark US$200 billion swing in shares, options show
May 21, 2024
TRADERS are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday (May 22), though expectations for volatility are more muted than in the...
CDL posts S6.8 million Q1 sales revenue in Singapore property development
CDL posts S$736.8 million Q1 sales revenue in Singapore property development
May 21, 2024
CITY Developments Limited (CDL) and its joint venture (JV) associates registered a sales revenue of S$736.8 million in Singapore for the first quarter ended March, up from a total...
Singapore, Japan investors less optimistic than Asian peers about ESG funds’ performance
Singapore, Japan investors less optimistic than Asian peers about ESG funds’ performance
May 21, 2024
INVESTORS in Singapore are among those who have more tempered expectations when it comes to ESG (environmental, social and governance) funds, a new study by AXA Investment Managers (IM)...
MAS, China’s central bank further collaboration in green finance
MAS, China’s central bank further collaboration in green finance
May 21, 2024
THE Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) are planning to advance cooperation in green and transition finance between China and Singapore.
Asia: Markets slump as traders take profits, eye commodities’ spike
Asia: Markets slump as traders take profits, eye commodities’ spike
May 21, 2024
ASIAN markets suffered a downturn on Tuesday after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices....