Takes
Simba takes a bite out of telco market; StarHub has most to lose: Maybank
MAYBANK Securities has downgraded its call on StarHub from “buy” to “hold” and cut its target price to S$1.30 from S$1.44, as it expects stiffer competition in the telco...
Google to develop AI that takes over computers: report
ALPHABET’S Google is developing artificial intelligence (AI) technology that takes over a web browser to complete tasks such as research and shopping, The Information reported on Saturday (Oct 26).Google...
Substantial shareholder Thomas Clive Khoo takes his Zixin stake to above 9%
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions spanning Oct 4 to Oct 10, with S$211 million of net institutional inflow, adding to the preceding...
Noontalk Media takes steps to ensure working capital until mid-2025
NOONTALK Media said on Friday (Oct 11) that it would have sufficient working capital and financial resources to meet its liabilities up to mid-2025, through various measures aimed at...
Activist Starboard Value takes US$1 billion stake in Pfizer
Activist investor Starboard Value has taken a stake of about US$1 billion in Pfizer and is seeking to spur a turnaround of the struggling pharmaceuticals giant, according to a...
Government cars abandoned as Sri Lanka’s leftist leader takes charge
Hundreds of pricey government vehicles have been abandoned around Sri Lanka’s capital after the country’s new Marxist-leaning president took office, a member of his party said on Wednesday (Sep...
Watchdog takes aim at Australia’s supermarket duopoly
AUSTRALIA’S competition watchdog sued the country’s two biggest grocery chains on Monday, alleging “discount” offers on hundreds of staples were more expensive than original prices.The regulator said Woolworths and...
Quick takes on US Federal Reserve’s half-point cut
THE US Federal Reserve has cut rates by 50 basis points (bps), a move aimed at boosting a cooling job market while continuing to push down on inflation.Fed chair...