Entrepreneurship

ESR-Reit sells 8 Singapore assets to Brookfield for S$338m; sale would trim distribution
[ad_1] The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay[SINGAPORE] The manager of ESR-Reit on Monday (Dec 15) has signed a deal to...
Bearish outlook persists for WTI
[ad_1] WEST Texas Intermediate (WTI) crude oil prices have remained weak this year, down 18 per cent year-to-date at the time of writing. After a brief spike in June to...
Keppel Reit’s dilutive purchase of MBFC Tower 3 a gamble on the sensibilities of S-Reit investors
[ad_1] A quick rebound from its sell-off last week might suggest investors are prepared to stomach some DPU dilution for the right deal at the right time[SINGAPORE] It has been...
‘Not meant to make a big statement’: JPMorgan’s Jamie Dimon on why the bank has shelled out US$4 billion on New York HQ
[ad_1] It’s about the belief in building great spaces for employees in the US, Europe, Asia and elsewhere, says the CEO in exclusive interview with BT[SINGAPORE] What does a “workplace...
JPMorgan’s new HQ’s so tall it had to buy air rights over Grand Central Station and St Bartholomew’s Church
[ad_1] It’s about the belief in building great spaces for employees in the US, Europe, Asia and elsewhere, says the CEO in exclusive interview with BT[SINGAPORE] What does a “workplace...
ServiceNow nears up to US7 billion deal for cybersecurity startup Armis
[ad_1] [NEW YORK] ServiceNow is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as US$7 billion and would represent...
Hong Kong, India fuel blockbuster year for Asia fundraising
[ad_1] Hong Kong’s share sales nearly quadruple to over US$73 billion via IPOs, placements and block trades[HONG KONG] Not long ago, Hong Kong’s share-sale market was a symbol of China’s...
Singapore insurers brace for 2026 as medical inflation climbs and IP rules tighten
[ad_1] Despite challenges, longer-term demographic and wealth trends remain supportive, observers say[SINGAPORE] Medical inflation is expected to remain one of the most pressing challenges for Singapore’s insurance sector in 2026,...
Chinese AI euphoria obscures a gloomier technological reality
[ad_1] Washington and its allies are not supplying the country with the gear required to make the most sophisticated AI chips[TAIPEI] Moore Threads Technology’s phenomenal debut this month, China’s most...
Bitcoin hoarding company Strategy remains in Nasdaq 100
[ad_1] [BENGALURU] Bitcoin hoarding giant Strategy clung to its place in the Nasdaq 100 on Friday (Dec 12), continuing its year-long stint in the benchmark at a time where analysts...
Intel nears US$1.6 billion deal for AI chip startup SambaNova
[ad_1] [NEW YORK] Intel is in advanced talks to acquire artificial intelligence (AI) chip startup SambaNova Systems for about US$1.6 billion, including debt, according to sources familiar with the matter.A...
Wall Street ends lower; fears of AI bubble and inflation send investors away
[ad_1] Other companies that have benefited from AI bets but went into reverse on Friday included SanDisk[BENGALURU] The S&P 500 and the Nasdaq closed down more than 1 per cent...