Real Estate
Singtel partners Bridge Alliance to offer GPU-as-a-Service in South-east Asia
AIS in Thailand, Malaysia’s Maxis and Telkomsel in Indonesia are among the early adopters of the offeringSINGTEL and Bridge Alliance – a mobile alliance with 35 member operators globally...
Chinese copper exports fall from record as local demand rebounds
CHINESE copper exports dropped last month from an all-time high, as domestic buyers took advantage of the metal’s rapid retreat in price.Exports of unwrought copper and products fell 40...
Memiontec husband and wife co-founders out on bail amid CAD, MAS probe
THE co-founders of water treatment company Memiontec have been released on bail after being interviewed by the Commercial Affairs Department (CAD). The interview was part of a joint investigation...
South Korean AI chip makers Rebellions and Sapeon agree to merge
SOUTH Korean artificial intelligence (AI) chip makers Rebellions and Sapeon Korea have signed a definitive merger agreement, the privately held companies said on Sunday (Aug 18).They announced merger negotiations...
Australia’s Westpac profit rises as margin pressure shows signs of easing
WESTPAC Banking’s profit edged higher as pressure on margins eased and mortgage lending grew faster than the wider industry, offsetting a fragile outlook for the nation’s economy. Unaudited net...
Goldman cuts US recession risk following retail sales, jobs data
GOLDMAN Sachs Group economists lowered the probability of a US recession in the next year to 20 per cent from 25 per cent, citing last week’s retail sales and...
Gold tops US$2,500 for first time on outlook for lower rates
Gold topped US$2,500 an ounce for the first time, bolstered by hopes that the US Federal Reserve is edging closer to cutting interest rates. Spot bullion climbed as much...
US: Wall Street slips at open after strong run, weak housing starts data
Wall Street’s main indexes opened lower on Friday (Aug 16) after a weak housing starts report dampened sentiment after the S&P 500 and the Nasdaq’s six-straight sessions of gains...
Centurion upbeat on strong student dorm demand, bed shortage in key study destinations
An analyst says the specialised accommodation operator’s strong rental reversions could be a catalyst for a re-rating of the counterMAINBOARD-LISTED Centurion Corporation expects the demand for purpose-built student accommodation...