Real Estate
DBS CEO sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out...
Vietnam adds to global steel turmoil with tariffs hitting China
Outside China itself, Vietnam is the biggest single buyer of Chinese steel, and hot-rolled coil is a major export productVIETNAM will impose anti-dumping tariffs on steel from China, following...
PBOC’s policy flip-flop sows confusion over timing of rate cuts
AT A rare press briefing back in September, China’s central bank chief Pan Gongsheng unveiled a stimulus blitz that spurred optimism for one of the biggest policy shifts in...
Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while the focus shifted to a key US...
Indonesia launches Danantara investment fund, channelling US$20 billion into 20 strategic projects
[JAKARTA] Indonesia officially launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while serving as a powerful...
Raffles Medical posts 4.3% rise in H2 profit to S$31.6 million
PRIVATE healthcare provider Raffles Medical Group posted a 4.3 per cent rise in net profit to S$31.6 million for its second half ended Dec 31, 2024, from S$30.3 million...
Australia’s Perpetual ends talks with KKR on sale of wealth, trust units
AUSTRALIA’S Perpetual on Monday said it has ended talks with KKR for the sale of its wealth management and corporate trust units, while confirming plans to pursue a sale...
Qatar signs deal with Scale AI to use AI to boost government services
Scale AI will develop more than 50 possible uses of AI for Qatar’s government over the next five yearsQATAR’S government has signed a five-year deal with artificial intelligence (AI)...
