Technology
MAS issues 5-year prohibition order on former investment company rep for fraudulent trades
A FORMER representative of fund management company Nech Capital was issued a five-year prohibition order by the Monetary Authority of Singapore (MAS) on Tuesday (Sep 24) for dishonest conduct....
Brookfield fund raises US$2.4 billion for clean energy investment
BROOKFIELD Asset Management (Brookfield) announced an initial closing of US$2.4 billion for its Catalytic Transition Fund (CTF) to drive clean energy and transition asset investments in emerging markets across...
OpenAI news account on X compromised, sends crypto posts
OPENAI said one of its accounts on X was compromised on Monday (Sep 23), when an unauthorised individual sent out posts soliciting users to click through to a crypto...
Stocks to watch: DFI Retail Group
THE following company saw new developments that may affect trading of its securities on Tuesday (Sep 24):DFI Retail Group: The supermarket and retail store operator on Monday announced plans...
Japan’s struggle with rice inflation to continue after harvest
BAGS of rice are expected to start filling the shelves of Japan’s supermarkets again soon as farmers harvest their new crop, though the increase in supply will do little...
EU probes some financial services firms over possible antitrust violations
THE European Commission said on Monday it has conducted unannounced inspections at financial services companies in two member states over possible breaches of antitrust regulations.“The Commission has concerns that the inspected...
Japan bank stung by US Fed hikes plots return to government bonds
A BANK operating in Japan’s least populated area is doing something that may have global repercussions if its peers do the same: the lender is planning to return to...
Fed officials leave door open to another large interest-rate cut
A HANDFUL of Federal Reserve officials on Monday (Sep 23) left open the door to additional large interest-rate cuts, noting that current rates still weigh heavily on the US...
Singapore LNG Corp eyes bunkering, storage and expansion to fuel growth
Demand for liquefied natural gas is increasing as world transitions towards using cleaner fuels DEMAND for liquefied natural gas (LNG) in Singapore has grown at a speed that few...
US Announces It’s Sending More Troops to the Middle East as Israel-Hezbollah Conflict Sparks Fears of All Out War
The U.S. is sending additional troops to the Middle East following a massive surge in violence between Israel and Hezbollah forces in Lebanon, escalating concerns of a broader regional...