Real Estate
Toyota chairman to face scrutiny over US$33 billion deal at shareholder meeting
[TOYOTA CITY, Japan] Toyota Motor Chairman Akio Toyoda is likely to face scrutiny over a US$33 billion take-private deal of a key supplier when shareholders assemble for the Japanese...
Nvidia marks Paris tech fair with Europe AI push
[PARIS] Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into...
Oil prices jumps 4% to 2-month high as tensions rise in Middle East
[NEW YORK] Oil prices rose more than 4 per cent on Wednesday, to their highest in more than two months, after sources said the US was preparing to evacuate its Iraqi...
Eating out loses its bite; some listed F&B players are in the red on wilting demand, high costs
[SINGAPORE] As listed food and beverage (F&B) operators cite a drop in demand for eating out amid high rental rates and operating costs, analysts say this is pointing to...
AI bets that fuelled Big Tech’s surge now threaten rich profits
[NEW YORK] Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins and the risk that depreciation expenses will...
Singapore shares buck regional trend to close lower; STI falls 0.4%
[SINGAPORE] Local stocks fell for the second straight day on Wednesday (Jun 11), bucking the gains in most Asian markets as investors are concerned about the lack of details...
South-east Asia’s polymer production crisis worsens as US-China trade shift looms
[SINGAPORE] South-east Asia’s petrochemical industry is facing a double whammy of weakening export demands and potential import surges, as trade tensions could redirect US polymer to the region’s already-saturated...
Centurion shares hit all-time high on submission to list Reit on SGX
This is the highest price its shares have risen to since they started trading in 1995[SINGAPORE] Shares of Centurion rose on Wednesday (Jun 11) afternoon after the company announced...
