Singtel users report mobile service disruption on Nov 18

Singtel users report mobile service disruption on Nov 18

[ad_1] [SINGAPORE] Singtel was hit by an outage on Tuesday (Nov 18), with more than 1,600 reports in the afternoon. Reports of outages spiked on Downdetector at that time, falling briefly before a second peak at 5.40 pm, when more than 1,300 reports. More than seven in 10 users reported an outage in mobile phone…

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IOI Properties eyeing Reit listings in Malaysia and Singapore: sources

IOI Properties eyeing Reit listings in Malaysia and Singapore: sources

[ad_1] [SINGAPORE] Malaysia’s IOI Properties Group is exploring two real estate investment trust (Reit) listings in Malaysia and Singapore, with a combined asset value of up to US$8 billion, two sources with knowledge of the matter said. The company, one of Malaysia’s largest property developers, is in talks with advisers and looking to list a…

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Ueda signals BOJ remains on rate hike path after PM meet

Ueda signals BOJ remains on rate hike path after PM meet

[ad_1] [TOKYO] Governor Kazuo Ueda told Prime Minister Sanae Takaichi that the Bank of Japan is in the process of slowly dialling back its easing support for the economy, signalling his unshaken intention to carefully raise rates. “The mechanism for inflation and wages to grow together is recovering,” Ueda told reporters on Tuesday (Nov 18)…

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STI falls 0.9%, tracking regional peers

STI falls 0.9%, tracking regional peers

[ad_1] [SINGAPORE] Singapore stocks ended lower on Tuesday (Nov 18), tracking regional losses. The benchmark Straits Times Index (STI) lost 0.9 per cent or 38.92 points to finish at 4,504.67. Meanwhile, the iEdge Singapore Next 50 Index gained 0.2 per cent or 2.46 points to 1,453.26. Across the broader market, gainers trailed losers 171 to…

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Europe’s banks face ‘unprecedentedly high’ risk of shocks, ECB warns

Europe’s banks face ‘unprecedentedly high’ risk of shocks, ECB warns

[ad_1] [FRANKFURT] Eurozone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems, the European Central Bank said on Tuesday (Nov 18) as it outlined its supervisory priorities for the next three years. The ECB has long argued that banks face a new reality with more frequent shocks from tariffs…

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No firm is immune if AI bubble bursts, Google CEO Pichai tells BBC

No firm is immune if AI bubble bursts, Google CEO Pichai tells BBC

[ad_1] Pichai calls the AI boom an ‘extraordinary moment’ but warns of market irrationality [LONDON] Alphabet chief executive Sundar Pichai said no company would be unscathed if the artificial intelligence boom collapses, as soaring valuations and heavy investment in the sector fuel concerns of a bubble. Pichai said in an interview with the BBC published…

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Japan’s Nikkei plunges by most in seven months on tech selloff

Japan’s Nikkei plunges by most in seven months on tech selloff

[ad_1] [TOKYO] Japan’s Nikkei share average sank by the most in more than seven months on Tuesday (Nov 18), as investors sold off tech stocks following Wall Street’s sharp decline overnight. The index dropped 3.2 per cent to close at 48,702.98, posting its sharpest daily decline since April 9. The broader Topix sank 2.9 per…

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LA County Sheriff investigating new sexual battery claim against Sean ‘Diddy’ Combs while hip-hop mogul behind bars

LA County Sheriff investigating new sexual battery claim against Sean ‘Diddy’ Combs while hip-hop mogul behind bars

[ad_1] The Los Angeles County Sheriff’s Department is investigating a new sexual assault claim alleging Sean ‘Diddy’ Combs masturbated on a shirt belonging to late rapper Biggie and tossed it at a music producer, according to authorities. The fresh allegations from an alleged victim in Largo, Florida, will be investigated by the LA County Sheriff’s…

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