Real Estate
Amazon bets US$150 billion on data centres required for AI boom
AMAZON.COM plans to spend almost US$150 billion in the coming 15 years on data centres, giving the cloud-computing giant the firepower to handle an expected explosion in demand for...
ERP 2.0 on-board units to be installed in all new vehicles in Singapore from May 1
NEW vehicles registered on or from May 1, 2024, in Singapore will come with on-board units (OBUs) that can support distance-based road pricing, or Electronic Road Pricing 2.0 (ERP...
With Cainiao buyback, Alibaba takes aim at rivals’ overseas advance
ALIBABA’S plan to buy full control of its logistics subsidiary rather than spinning it off could signal the Chinese giant is taking competition from e-commerce rivals Shein and Temu...
Insurer Lloyd’s of London swings to US$13.5 billion profit in 2023
LLOYD’S of London swung to a pre-tax profit of US$13.51 billion in 2023, the commercial insurance market said on Thursday (Mar 28), boosted by strong underwriting and investment performance.The...
Seoul bus drivers strike over pay, snarling commute in South Korean capital
BUS drivers in the South Korean capital of Seoul went on strike on Thursday (Mar 28) after last ditch efforts at negotiating a wage hike broke down, snarling the...
Apple’s iPhone maker sets record high as AI mania persists
SHARES of Hon Hai Precision Industry soared as artificial intelligence (AI) mania outweighs concerns over a sluggish recovery in the smartphone sector. Hon Hai, which makes iPhones for Apple,...
Two individuals related to Seatrium charged with corruption offences involving bribes in Brazil
TWO individuals related to Seatrium, formerly Sembcorp Marine, have been charged with corruption offences involving the payment of bribes for the benefit of persons in Brazil.
The public prosecutor is...
Gold slips as US dollar, bond yields firm after Fed official comment