Uncategorized
Oil rises over 1% after US data weighs on dollar
OIL prices rose over 1 per cent on Thursday (Feb 15) after United States retail data prompted a sell-off in the US dollar, though investors eyed an International Energy...
No Signboard interim CEO’s stake in white knight Gazelle Ventures raises conflict-of-interest risk
BELEAGUERED No Signboard could run the risk of a potential conflict of interest, as interim chief executive Lim Teck-Ean is also a substantial shareholder in white knight investor Gazelle...
Google rolls out updated AI model capable of handling longer text, video
ALPHABET’S Google is rolling out a new version of its powerful artificial intelligence model that it says can handle larger amounts of text and video than products made by...
AI adoption increasing sales in telecoms sector, Nvidia report shows
USING artificial intelligence has already increased sales for around two thirds of the telecoms professionals surveyed for technology giant Nvidia. Nearly a fifth said revenue growth from AI was...
JPMorgan, State Street drop out of largest investor climate group
JPMORGAN Chase’s asset management arm and State Street said on Thursday (Feb 15) they would withdraw from the largest investor coalition focused on convincing the corporate world to act...
US Federal Reserve releases scenarios for 2024 bank “stress tests”
THE US Federal Reserve on Thursday (Feb 15) released scenarios for its annual bank health checks which will assess how well 32 large lenders would fare under a severe...
F&N unit leases land for US$3.9 million to build dairy manufacturing facility in Cambodia
BEVERAGE company Fraser and Neave (F&N) on Thursday (Feb 15) announced that its Malaysian unit Fraser & Neave Holdings Berhad (F&NHB) has agreed, through a subsidiary, to lease an...
Barclays among parties eyeing SocGen’s UK private bank
BARCLAYS is in the early stages of considering a bid for Societe Generale’s UK private bank, in an effort to expand its business targeting wealthy individuals, three people familiar...
