Firm
Oil prices firm on hopes of US policy support for economic growth
OIL prices inched higher on Monday (Dec 23), along with other risk assets, after US data showed cooling inflation, reviving hopes of further policy easing next year that will...
US dollar holds firm as traders bet on cautious Fed in 2025
THE greenback held firm on Tuesday (Dec 17) ahead of an expected interest rate cut in the United States, as traders grow increasingly convinced the Federal Reserve will lower...
Chinese cybersecurity firm sanctioned, employee charged by US
THE US sanctioned a Chinese company it accused of working for intelligence agencies and charged one of its employees with hacking into the computer systems of thousands of businesses...
CVC in talks to take German software firm CompuGroup private
CVC Capital Partners is in advanced talks about a deal to take CompuGroup Medical SE & Co KGaA, a German software provider to the healthcare sector, private.Koblenz-based CompuGroup is...
Hailey Welsch could be arrested for crypto scam as law firm steps in to assist victims who lost millions
Hailey Welch, the internet sensation behind the viral "Hawk Tuah" meme, is at the center of a storm following the collapse of her new cryptocurrency, $HAWK. The coin, launched...
ST Telemedia sells majority stake in Malaysian telecom firm U Mobile
Singapore Technologies Telemedia said on Wednesday (Dec 4) Malaysia’s Mawar Setia will acquire a majority stake in the company’s U Mobile unit, a mobile and broadband service provider in...
Chinese driverless-tech firm Pony AI said to raise US$260 million in US IPO
The Guangzhou-headquartered company priced its American depositary shares at US$13 eachPONY AI raised US$260 million after pricing its US initial public offering at the top of the marketed range,...
Indonesia’s biggest taxi firm bets BYD plant to cut EV prices
Blue Bird aims for electric vehicles to account for 3% of its fleet by next year and to gradually increase the number to 20% by 2030INDONESIA’S largest taxi operator...
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
SINGAPORE Gulf Bank is seeking to raise at least US$50 million in a funding round and plans to acquire a stablecoin payments company next year, according to people with...
US semiconductor firm launches initiative in Singapore for power-efficient AI data centres
APPLIED Materials, the largest US maker of chip-manufacturing equipment, launched an initiative to bring together firms from across the semiconductor industry in Singapore to accelerate technologies for energy-efficient computing.
The...