Real Estate
Porsche to open S$100 million ‘experiential centre’ in Changi by 2027
GERMAN luxury carmaker Porsche is investing more than S$100 million in an “experiential facility” in Changi, set to launch in 2027.There, customers and visitors can test-drive Porsche’s cars, view...
OpenAI plans to announce Google search competitor on Monday: sources
OPENAI plans to announce its artificial intelligence (AI) powered search product on Monday (May 13), according to two sources familiar with the matter, raising the stakes in its competition...
UBS weighs bonus for investment bankers who refer rich clients
UBS Group is considering introducing a reward system for investment bankers who refer clients to the firm’s wealth management business, according to sources with knowledge of the matter.Some bankers...
Stocks to watch: OCBC, Sri Trang Gloves, Wilmar, Great Eastern, F&N, SingPost
THE following companies saw new developments that may affect trading of their securities on Friday (May 10): OCBC : O39 0%: The lender reported on Friday that its net profit...
Sony’s plans for Paramount include sale of famous studio lot
SONY Group plans to sell the historic Paramount Pictures lot in Los Angeles, featured in films such as Sunset Boulevard, if it succeeds in buying the studio’s parent company,...
Microsoft to launch mobile game store, vying with Apple, Google
MICROSOFT will launch its own mobile game store on the Internet in July, creating an alternative to Apple and Google’s app stores and their fees. The store will launch...
US banks face climate risk data challenges, Fed analysis shows
US BANKS face significant data and modeling challenges in predicting the impact of climate change on their loan books, the Federal Reserve said on Thursday after its first analysis on the...
China’s Zeekr prices US IPO at top of range to raise US$441 million
CHINESE electric vehicle maker Zeekr Intelligent Technology priced its US initial public offering (IPO) at the top of its indicated range, raising US$441 million, it said on Friday (May...
