Technology

Temasek-backed Climate Impact X to launch market intelligence service
Temasek-backed Climate Impact X to launch market intelligence service
SINGAPORE-BASED carbon exchange Climate Impact X (CIX) said on Monday (May 13) that it will launch a new market intelligence service in the coming months. Called CIX Intelligence, the new...
Asia’s aversion to rate cuts steers EM bond investors away
Asia’s aversion to rate cuts steers EM bond investors away
EMERGING Asian bonds may have less room to rally compared to their global peers as central banks in the region are unlikely to embark on aggressive interest-rate cuts.Inflation-adjusted yields...
China probes local hedge fund for suspected illegal activities
China probes local hedge fund for suspected illegal activities
CHINA’S securities watchdog said it is investigating hedge fund Zhejiang Ruifengda Asset Management for suspected illegal activities, while media reports said the fund has failed to pay investors seeking...
China silver trading powerhouse eyes expansion in Singapore
China silver trading powerhouse eyes expansion in Singapore
THE commercial division of Chinese private smelter Henan Jinli Gold and Lead Group is looking to expand its commodities trading team in Singapore, as the industry turns increasingly bullish...
Chinese companies win more bids to explore for Iraq oil and gas
Chinese companies win more bids to explore for Iraq oil and gas
CHINESE companies won five more bids to explore Iraqi oil and gas fields, Iraq’s oil minister said on Sunday (May 12), as the Middle Eastern country’s hydrocarbon exploration licensing...
A doomsday recession mentality is keeping the S&P 500 strong
A doomsday recession mentality is keeping the S&P 500 strong
NORTH America’s largest companies are on track to post their best quarterly earnings relative to expectations in at least two years, as they have worked to keep costs down...
China to start one trillion yuan bond sale on Friday to boost economy
China to start one trillion yuan bond sale on Friday to boost economy
CHINA will start selling the first batch of its one trillion yuan (S$187 billion) of ultra-long special sovereign bonds on Friday (May 17), as officials ramp up efforts to...
China to start one trillion yuan bond sale on Friday to boost economy
China begins plans to sell 1 trillion yuan of long-dated bonds: FT
CHINESE authorities have kicked off plans to sell 1 trillion yuan (S$187.4 billion) of long-dated bonds as Beijing ramps up spending to stimulate the economy, the Financial Times reported...
AI will have to prove itself to gain greater traction in healthcare sector, say industry players
AI will have to prove itself to gain greater traction in healthcare sector, say industry players
ARTIFICIAL intelligence (AI), especially in frontier technologies such as large language models, has gained traction in many different industries as potential game changers. Yet, if history is any indication,...
DBS, UOB, OCBC’s Q1 outperformance lifts optimism for 2024 profits
DBS, UOB, OCBC’s Q1 outperformance lifts optimism for 2024 profits
THE chief executives of the three local banks – DBS, UOB and OCBC – were noticeably more optimistic at their respective earnings briefings for the first quarter ended March,...