Technology
Maybank initiates ‘buy’ call on Keppel DC Reit amid demand for AI adoption, cloud migration
[SINGAPORE] Maybank Securities analyst Krishna Guha on Thursday (Jul 17) initiated a “buy” rating on Keppel DC Reit, with a target price of S$2.40, considering that it would benefit from...
DBS shares rally to a new record as STI clocks yet another high
[SINGAPORE] DBS shares hit a new high on Friday (Jul 18) morning, bringing the Straits Times Index (STI) to a fifth consecutive record this week in intraday trade.As at...
US set to impose 93.5% duty on China battery material
[NEW YORK] The US Commerce Department imposed preliminary anti-dumping duties of 93.5 per cent on Chinese imports of graphite, a key battery component, after concluding the materials had been...
Bain seeks next airline after tripling money on Virgin Australia
[SYDNEY] Bain Capital is scouting for its next airline deal after already more than tripling its money on Virgin Australia Holdings.The US buyout firm sold a 30 per cent...
US: S&P 500, Nasdaq end at record highs after solid retail data
[NEW YORK] Wall Street stocks rose to fresh record highs on Thursday (Jul 16) as markets focused on solid US retail sales data and corporate earnings rather than lingering...
Did Captain Sumeet Sabharwal Intentionally Crash Air India Plane? Investigation Focuses on Pilot Who ‘Remained Calm’ While First Officer ‘Panicked’
Investigators examining the Air India crash are focusing on the actions of the captain, who stayed composed while the first officer panicked over a potential fuel cutoff to the...
Ammonite Discovered Beyond Pluto: Is This the Real Ninth Planet?
Japanese astronomers have discovered a far-off object orbiting the Sun well beyond Neptune, suggesting that an extraordinary event occurred in the early solar system.The discovery was made by astronomers...