Real Estate
Several Singapore companies hit by global IT outage; Changi Airport processes check-ins manually
SEVERAL companies in Singapore were hit by a global IT outage on Friday (Jul 19) afternoon.The websites of several companies appeared unable to load from around 2 pm. In...
Several Singapore companies hit by global IT outage; over 10 airlines at Changi Airport affected
SEVERAL companies in Singapore were hit by a global IT outage on Friday (Jul 19) afternoon.The websites of several companies appeared unable to load from around 2 pm. In...
Singapore shares fall at Friday’s open tracking global retreat; STI down 0.6%
SINGAPORE stocks opened weaker on Friday (Jul 19) following overnight losses on Wall Street and Europe amid a selloff on technology stocks. The Straits Times Index (STI) headed down...
Blackstone posts modest Q2 profit jump on private equity, credit gains
BLACKSTONE said on Thursday (Jul 18) its second-quarter distributable earnings rose 3 per cent from a year earlier, as a jump in asset sales in its private equity and...
DBS launches generative AI virtual assistant for customer service workforce
CUSTOMER service officers at DBS will all soon be able to use a generative artificial intelligence (AI)-powered virtual assistant to serve customers more efficiently and effectively. The virtual assistant, named...
ECB keeps rates unchanged, offers no guidance on next move
THE European Central Bank (ECB) kept interest rates unchanged as expected on Thursday (Jul 18) and gave no hints about its next move, arguing that domestic price pressures remain...
Singapore AUM up 10% to S$5.4 trillion in 2023; new debt issues rise 21%
SINGAPORE’s financial sector had a good showing in 2023 with a 10 per cent growth in asset under management (AUM) to S$5.41 trillion as at Dec 31, 2023, while...
TSMC rides AI demand to raise revenue forecast, says no to US joint venture
TAIWAN’S TSMC, the world’s largest contract chipmaker, raised its full-year revenue forecast on Thursday (Jul 18) given surging demand for chips used in artificial intelligence, and rejected the idea...
