Lifestyle

Sabana internalisation requires trust deed amendment, but court bars ESR from voting
Sabana internalisation requires trust deed amendment, but court bars ESR from voting
May 24, 2024
THE Singapore High Court has ruled that trust deed amendments are required to effect the internalisation of the manager function of Sabana Industrial Real Estate Investment Trust (Sabana Reit).But...
Samsung’s HBM chips failing Nvidia tests due to heat and power consumption woes, sources say
Samsung’s HBM chips failing Nvidia tests due to heat and power consumption woes, sources say
May 24, 2024
SAMSUNG Electronics’ latest high bandwidth memory (HBM) chips have yet to pass Nvidia’s tests for use in the US firm’s AI processors due to heat and power consumption problems,...
Elon Musk refuses to say if he’s still committed to cheaper Tesla EVs
Elon Musk refuses to say if he’s still committed to cheaper Tesla EVs
May 23, 2024
TESLA chief executive officer Elon Musk does not want to talk about whether he’s committed to bringing a low-cost electric vehicle (EV) to market, or the carmaker’s rough last...
US SEC approves exchange applications to list spot ether ETFs
US SEC approves exchange applications to list spot ether ETFs
May 23, 2024
THE US Securities and Exchange Commission (SEC) on Thursday approved applications from Nasdaq, CBOE and NYSE to list exchange-traded funds (ETFs) tied to the price of ether, potentially paving...
Oil falls for fourth straight session on US inflation jitters
Oil falls for fourth straight session on US inflation jitters
May 23, 2024
OIL prices fell for a fourth consecutive session on Thursday and settled at multi-month lows as the prospect of higher-for-longer US interest rates raised worries around demand growth in the...
US: Stocks fall despite blowout Nvidia results
US: Stocks fall despite blowout Nvidia results
May 23, 2024
WALL Street stocks finished sharply lower on Thursday after blowout earnings by Nvidia failed to ignite a broad rally.Stocks had opened higher, but analysts cited an uptick in US Treasury bond yields...
Boeing now sees negative free cash flow in 2024 as deliveries remain sluggish
Boeing now sees negative free cash flow in 2024 as deliveries remain sluggish
May 23, 2024
BOEING will burn rather than generate cash in 2024 and deliveries will not increase in the second quarter, the company’s finance chief said on Thursday (May 23), as the...
Sabana internalisation requires trust deed amendment, but court bars ESR from voting
Sabana Reit’s May 24 EGM to be postponed
May 23, 2024
THE manager of Sabana Industrial Reit said late on Thursday (May 23) that an extraordinary general meeting (EGM) requisitioned by unitholders led by Quarz Capital Asia would be postponed.The...
Google builds first subsea cable connecting Africa to Australia
Google builds first subsea cable connecting Africa to Australia
May 23, 2024
ALPHABET’S Google is building out the first undersea fibre optic cable that will directly connect Africa with Australia, helping to shore up Internet access in one of the least-connected...
As countries press on with climate targets, critical mineral shortages could scupper efforts: IEA
As countries press on with climate targets, critical mineral shortages could scupper efforts: IEA
May 23, 2024
[LONDON] A looming scarcity of raw materials such as nickel and lithium could slash global production of electric vehicles (EVs), solar panels, wind turbines and other clean energy products,...