Technology
MAS ‘following up’ with DBS on cause of May 2 glitch in digital banking services
THE Monetary Authority of Singapore (MAS) said on Tuesday (May 7) that it was “following up” with DBS : D05 0% over the root cause of a disruption to...
Aramco to pay US$31 billion dividend as Saudi posts budget deficit
ARAMCO will pay US$31 billion in dividend to the Saudi government and other investors despite lower profit, as the kingdom’s economy continues to struggle with a budget deficit.The world’s...
Swiss-Asia Financial Services fined S$2.5 million for money-laundering rule breaches
WEALTH and fund management company Swiss-Asia Financial Services (SAFS) was issued a composition penalty of S$2.5 million for breaching the Monetary Authority of Singapore’s (MAS) anti-money laundering and countering...
Apple is working on its own AI chip for data centres: WSJ
APPLE has been developing a homegrown chip to run artificial intelligence (AI) tools in data centres, though it’s unclear if the semiconductor will ever be deployed, The Wall Street...
Gold prices tick higher on US rate cut bets
GOLD prices edged up for a second session on Tuesday (May 7), after recent economic data boosted bets that the Federal Reserve would cut interest rates later this year.Spot...
FLCT posts 1.1% lower H1 DPU of S$0.0348 on higher vacancies, expenses
FRASERS Logistics and Commercial Trust : BUOU 0% (FLCT) posted a 1.1 per cent fall in distribution per unit (DPU) to S$0.0348 for its first half ended Mar 31, from...
VinFast’s EV ambitions get a reality check as shares plunge 65%
A 65 per cent slide in VinFast Auto’s stock this year underlines the challenge faced by the electric vehicle (EV) maker backed by Vietnam’s richest man.
BlackRock cuts jobs in muni business under new leadership
BLACKROCK, the world’s largest money manager, cut fewer than 10 jobs in its municipal bond department under the new leadership of Patrick Haskell, according to a source familiar with...
