Technology
Link Reit CEO George Hongchoy retires after 16 years at company
[SINGAPORE] The group CEO of Link Asset Management Limited, George Hongchoy, plans to step down before the end of June 2026.Hongchoy has held the CEO position for 16 years...
Google and OpenAI’s AI models win milestone gold at global math competition
[SAN FRANCISCO] Alphabet’s Google and OpenAI said their artificial intelligence (AI) models won gold medals at a global mathematics competition, signalling a breakthrough in math capabilities in the race...
China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports
[HONG KONG] China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and is requesting a powerful role in...
Asia: Stocks mixed with trade and earnings in focus; Tokyo reopens with gains
[HONG KONG] Asian markets were mixed on Thursday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks just over a...
China’s overcapacity drive faces stubborn oil-refiner revival
[BEIJING] China’s oil refining sector is once again showing its knack for survival just as Beijing seeks to tackle industrial overcapacity.Of three small refiners in Shandong province that went...
UOBKH initiates coverage on Lum Chang Creations with ‘buy’ call on strong growth outlook
[SINGAPORE] UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a S$0.39 price target on Monday (Jul...
US Treasury’s Bessent calls for review of Fed non-monetary policy operations
[WASHINGTON] US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its “mandate creep” into non-policy areas and he called on the...
Oracle in talks for US$100 million Skydance-Paramount cloud deal
[NEW YORK] Oracle is in discussions with Skydance Media for a major software deal once the media company’s acquisition of Paramount Global is complete.The new arrangement is expected to...
Asset manager IPCG accuses Deutsche Bank of breaching agreement, files lawsuit
[SINGAPORE] Asset manager Invest Partners Capital Group (IPCG) is suing Deutsche Bank for allegedly breaching a contractual agreement governing their external asset management arrangement, according to court documents filed...
