Lifestyle
Eurozone banks are vulnerable to US funding squeeze: ECB
The growing dependence on US dollars and the stronger link between banks and non-banks pose risks to the eurozone’s financial systemEUROZONE financial institutions are increasingly using US dollar markets...
Amos Group extends offer closing date to Dec 12
OFFSHORE oil and gas equipment manufacturer Amos Group on Wednesday (Nov 20) extended the deadline for shareholders to accept the offer made by its controlling shareholder to 5.30 pm...
OpenAI launches free AI training course for teachers
Trained on reams of data, generative AI can create brand-new humanlike content, helping users spin up term papers, complete science homework and even write entire novelsOPENAI and non-profit partner...
Chinese EV maker Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024, from 4.6 billion yuan in the...
Singapore stocks fall amid mixed regional showing; STI drops 0.4%
Nikkei 225 ends 0.2% lower, while Kospi is up 0.4%; Bursa loses 0.3% and Hang Seng closes 0.2% higherSINGAPORE stocks closed lower on Wednesday (Nov 20), as investors awaited...
ADIA, GIC said nearing Pye-Barker Fire & Safety minority stake
The Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are in advanced talks to acquire a minority stake in Pye-Barker Fire & Safety in a deal that would value...
Singapore shares rise at Wednesday’s open; STI up 0.2%
SINGAPORE stocks began trading higher on Wednesday (Nov 20) morning following a mixed performance in world indices. As at 9.03 am, the Straits Times Index (STI) rose 6.14 points...
Keppel DC Reit’s upsized private placement closes at S$2.09 apiece; equity fundraising totals S$1.1 billion
KEPPEL DC Real Estate Investment Trust (Reit) closed its private placement at S$2.09 apiece with 334.9 million new units issued, said the manager on Wednesday (Nov 20). The private...
