Real Estate
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...
Gold holds ground on US rate cut hopes
GOLD prices held steady on Thursday (Jul 18) after hitting a record peak in the previous session amid rising expectations of a US rate cut in September.Spot gold was...
Settlement speculation pushes XRP to forefront of crypto rally
A LITTLE-KNOWN cryptocurrency that is at the centre of a key legal fight for the industry is leading the latest rally in digital assets amid speculation that the company...
United Airlines Q3 profit outlook disappoints amid industrywide discounting pressure
UNITED Airlines Holdings on Wednesday (Jul 17) forecast lower-than-expected profit in the current quarter as the industry grapples with excess seat capacity in the domestic market, which has undermined...
Europe: Stoxx 600 falls for third straight session as tech drags
EUROPEAN shares closed lower for a third straight day on Wednesday (Jul 17), with chip stocks sliding as investors remained wary of potential US-China trade tensions, with a focus...
