Real Estate
DBS, Keppel, CDL, CICT, Sea, STE, Singtel among JPMorgan’s top picks for 2026
The city-state’s rally has a ‘long way to go’, says the bank, which is also ‘overweight’ on Vietnamese equities[SINGAPORE] Asean equities will be at an inflexion point in 2026,...
Instacart to pay US$60 million to settle FTC claims it deceived shoppers
INSTACART has agreed to pay US$60 million in refunds to settle the US Federal Trade Commission’s allegations that the online grocery delivery platform deceived consumers about its Instacart+ membership...
ECB holds rates with growth firmer and inflation near target
Policymakers give no guidance on next steps, saying decisions will be made meeting by meeting on data[FRANKFURT] The European Central Bank (ECB) left interest rates unchanged for a fourth...
IndiGo faces India antitrust scrutiny after mass flight cancellations
Disruptions highlight risks of the 90% IndiGo-Air India duopoly in India’s air market[NEW DELHI] India’s competition regulator said on Thursday (Dec 18) it was reviewing allegations of antitrust violations...
Google works to erode Nvidia’s software advantage with Meta’s help
The effort is part of Google’s aggressive plan to make its TPU a viable alternative to Nvidia’s GPUs[SAN FRANCISCO] Alphabet’s Google is working on a new initiative to make...
Chip shortage lingers as Honda to halt output in Japan, China
HONDA Motor will halt production at plants in Japan and China in coming weeks, highlighting the lingering fallout of the global chip shortage.The Japanese carmaker will suspend output in...
Oracle data centre plan hit as Blue Owl walks from US$10 billion deal: source
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiationsOracle’s largest data centre partner, Blue Owl Capital, will not provide funding for...
Volkswagen budget cuts force battery unit to seek external funds
PowerCo is considering bank loans, external investors and a potential public offering [FRANKFURT] Volkswagen’s battery business is being forced to seek external financing after the German carmaker cut its...
