Entrepreneurship
Seatrium consortium bags major contract with TenneT to link Germany’s grid with North Sea wind power
[ad_1] This brings Seatrium’s value of new wins for FY2025 to over S$4 billion to date[SINGAPORE] A consortium comprising Seatrium and GE Vernova was on Thursday (Dec 11) awarded a...
DBS’ Tan Su Shan is 29th among Forbes’ 2025 World’s 100 Most Powerful Women; two other Singaporeans ranked
[ad_1] The other two are Temasek Trust chair Ho Ching and seasoned venture capitalist Jenny Lee[SINGAPORE] DBS Group chief executive officer Tan Su Shan is one of three business leaders...
Singtel hit with S$1 million fine for 2024 disruption that affected over 500,000 users
[ad_1] The incident on Oct 8 last year affected more than 500,000 users for more than four hours[SINGAPORE] The Infocomm and Media Development Authority (IMDA) imposed a S$1 million fine...
Swiss National Bank holds interest rate at zero, cuts inflation forecast
[ad_1] The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut[ZURICH] The Swiss National Bank kept its interest rate at zero,...
Bank of Japan reluctant to intervene on rising yields, sources say
[ad_1] The recent rises are due to investors taking a wait-and-see approach on uncertainty over how far the BOJ can eventually raise rates[TOKYO] The Bank of Japan (BOJ) sees a...
India’s aviation watchdog deploys monitors to IndiGo offices
[ad_1] These teams are required to give daily reports to the Directorate General of Civil Aviation[NEW DELHI] India’s aviation regulator, in an unprecedented move, deployed two on-site teams at IndiGo’s...
China’s ZTE may pay more than US$1 billion to the US over foreign bribery allegations: sources
[ad_1] ZTE said it is engaged in “ongoing communication” with the US Justice DepartmentCHINESE telecom equipment maker ZTE Corp may pay more than US$1 billion to the US government to...
Asian markets diverge post Fed cut, with analysts expecting short-term relief rally
[ad_1] Asia markets end mixed as the STI and KLCI gain, while Hang Seng, Nikkei and Kospi retreat[SINGAPORE] Markets will likely rally in the short term, after the US Federal...
AI’s US$400 billion problem: Are chips getting old too fast?
[ad_1] Cloud computing giants assumed that their chips and servers would last about six yearsIN PURSUIT of the AI dream, the tech industry this year has plunked down about US$400...
Gold rises as a divided Fed cuts rates; silver hits record high
[ad_1] [BENGALURU] Gold prices rose on Thursday (Dec 11) after the US Federal Reserve cut interest rates, even as policymakers remained split on the outlook for further easing next year,...
