Lifestyle
TSMC first-quarter profit expected to rise 5% on strong AI chip demand
TAIWAN Semiconductor Manufacturing Company (TSMC), the dominant producer of advanced chips used in artificial intelligence (AI) applications, is expected to report a 5 per cent rise in first-quarter profit...
Singapore shares open lower on Tuesday; STI down 0.3%
SINGAPORE stocks fell at the opening bell on Tuesday (Apr 16) morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East. As at 9.01 am,...
Keppel DC Reit to divest Sydney data centre at A$174 million agreed value
KEPPEL DC Real Estate Investment Trust (Reit) is divesting a 100 per cent freehold interest in its Sydney data centre, Intellicentre Campus, at an agreed value of A$174 million...
Broadcom questioned by EU over VMware licensing changes
US chipmaker Broadcom is being asked by European Union antitrust regulators about changes to newly acquired cloud computing company VMware’s licensing conditions following complaints from a spate of EU...
EU set to launch China probe on medical device procurement
THE European Union is set to launch an investigation into China’s procurement of medical devices, risking new tensions with Beijing months after opening a probe into the country’s electric...
Barclays, Citi are among banks testing tokenised deposits in UK
INDUSTRY body UK Finance is expanding its pilot of an experimental shared ledger to track banking payments, hoping to join some of the dots in the nascent world of...
China approves BNP Paribas plan for fully-owned securities brokerage unit
BNP Paribas has received approval from the Chinese securities watchdog to set up a wholly-owned securities brokerage arm in China, the latest foreign financial firm making inroads into the...
JPMorgan, Wells Fargo tap US high-grade bond market
JPMORGAN and Wells Fargo are tapping the US high-grade bond market, the first in a likely parade of bond sales from Wall Street’s six biggest banks following their release...
