Lifestyle
A$90 billion Australia pension reviews investments as Israel-linked firms face pressure
CBUS, one of Australia’s largest pension funds, is reviewing its investment policy following pressure from a major union to divest shares in companies that supply weapons and defence technology...
SoftBank sells off Vision Fund assets as Son pivots to AI, chips
SOFTBANK Group’s flagship Vision Fund has quietly sold off or written down billions of US dollars’ worth of its publicly-listed holdings in recent years, a sign of founder Masayoshi...
Asia: Markets mostly rise as US data boosts rate hopes
GROWING hopes that the Federal Reserve and other central banks are close to cutting interest rates helped push Asian stocks higher on Friday.Traders tracked gains in New York as...
Bank of Japan must avoid raising rates to combat weak yen, says ex-central banker Watanabe
THE Bank of Japan must avoid raising interest rates to combat a weak yen, as higher borrowing costs would hit consumption and services inflation, Tsutomu Watanabe, a former central...
United Hampshire US Reit reports 19% lower distributable income of US$6.4 million
UNITED Hampshire US real estate investment trust’s (United Hampshire US Reit) distributable income fell 19 per cent year on year to US$6.4 million, due to higher interest expenses and...
SingPost H2 profit up 93.4% at S$66.9 million; proposes S$0.0056 per share final dividend
SINGAPORE Post’s (SingPost : S08 0%) net profit for the second half ended March rose 93.4 per cent to S$66.9 million from S$34.6 million a year earlier.This resulted in...
SingPost H2 profit up 93.4% at S$66.9 million; final dividend of S$0.0056 per share proposed
THE net profit of Singapore Post (SingPost : S08 0%) in its second half ended March rose 93.4 per cent to S$66.9 million from S$34.6 million the year before....
Apple to power AI tools with in-house server chips this year
APPLE will deliver some of its upcoming artificial intelligence (AI) features this year via data centres equipped with its own in-house processors, part of a sweeping effort to infuse...
