Lifestyle
Nearly one in 10 Apac Reit assets at high risk from climate change: report
CLOSE to one in 10 assets belonging to real estate investment trusts (Reits) across Asia-Pacific (Apac) will be at high risk from the effects of climate change and extreme...
Micron lifts 2024 capex forecast on rising investment in AI-related chips
Micron Technology on Tuesday (May 21) slightly raised its capital expenditure forecast for 2024, as the US chipmaker invests heavily to make high bandwidth memory (HBM) semiconductors to meet...
Warburg Pincus, Temasek buy insurance services firm SRG in £1 billion deal
WARBURG Pincus and Singapore’s Temasek agreed to acquire Specialist Risk Group (SRG), an independent insurance intermediary based in London.
US dollar edges down, Ether’s 2-month high fuels crypto rally
THE US dollar struggled for direction on Tuesday (May 21) as investors stuck to their views for the expected timing of Federal Reserve monetary easing this year.
Seatrium to pay US$68 million linked to interest following arbitration
SEATRIUM said on Tuesday (May 21) that it has agreed to pay US$68 million to MH Wirth to make good on the interest payable and all outstanding issues arising...
Goldman says equity investors bracing for return of volatility
STOCK investors are bracing for a spike in market volatility, and upcoming events such as Nvidia’s earnings report can exacerbate any moves, according to Goldman Sachs Group strategists.
Alibaba sparks China AI price war with spate of steep discounts
ALIBABA Group Holding slashed prices for a clutch of artificial intelligence services by as much as 97 per cent, spurring an immediate response from Baidu in potentially the start...
Eli Lilly’s diabetes drug tirzepatide gets approval in China
ELI Lilly said on Tuesday (May 21) its diabetes drug tirzepatide has received approval from Chinese regulators, setting up intensifying competition with its Danish rival Novo Nordisk in the...
