Fashion
Microsoft‘s massive AI spending draws investor concerns as cloud business booms
[ad_1] MICROSOFT’S spending on artificial intelligence infrastructure soared to a record of nearly US$35 billion in the September quarter, deepening investor concerns about the mounting costs of sustaining the AI...
Masayoshi Son becomes Japan’s richest with US$55 billion fortune
[ad_1] Uniqlo billionaire Tadashi Yanai has been at the top of the country’s ranking for most of the past decade, and continuously since April 2022[HONG KONG] Masayoshi Son’s big wager...
US Fed cuts rates by 0.25%, Powell signals December move ‘far from’ certain
[ad_1] The US government shutdown has frozen or pushed back the compilation and release of key reports tracking the economy[NEW YORK] US Federal Reserve chair Jerome Powell cautioned investors against...
Leading AI company to ban kids from long chats with its bots amid growing concern about the technology
[ad_1] Character.AI, a platform for creating and chatting with artificial intelligence chatbots, plans to start blocking minors from having “open-ended” conversations with its virtual characters.The major change comes as the...
GM to cut over 1,200 jobs at EV plant
[ad_1] [DETROIT] General Motors will cut about 1,200 jobs at its EV plant in Detroit, as the carmaker responds to slowing demand for its battery cars, Detroit News reported on...
Mapletree Industrial Trust Q2 DPU down 5.6% on absence of divestment gains, lower occupancy
[ad_1] The trust also had reduced income following the divestment of three Singapore industrial properties in August 2025[SINGAPORE] Mapletree Industrial Trust (MIT) reported a distribution per unit (DPU) of S$0.0318...
Boeing reports US$5.4b loss on large hit from 777X aircraft delays
[ad_1] Boeing has pushed back commercial deliveries on the 777X to 2027 from the prior 2026 timeframe[NEW YORK] Boeing reported a US$5.4-billion third-quarter loss on Wednesday (Oct 29) as massive...
Malaysia bets on mix of solar and gas as it shifts away from coal
[ad_1] The cost-per-unit for solar is actually much cheaper than gas and coal, says TNB CEO Megat Jalaluddin[KUALA LUMPUR] Malaysia will focus on a mix of solar and gas-fired power...
Keppel, Engie collaborate to boost Asia-Pacific’s transition to low-carbon energy systems
[ad_1] [SINGAPORE] Asset manager Keppel ’s infrastructure division is collaborating with Engie Energy Marketing Singapore, a subsidiary of French energy company Engie, to jointly advance the development of innovative energy...
Singapore stocks end lower ahead of Fed decision; STI down 0.2%
[ad_1] [SINGAPORE] Singapore stocks ended lower on Wednesday (Oct 29), ahead of the US’ monetary policy decision at this month’s Federal Open Market Committee (FOMC) meeting.The benchmark Straits Times Index...
GuocoLand and IOI Properties should collaborate on a mega Reit listing
[ad_1] [SINGAPORE] GuocoLand’s share price has rallied strongly in the year to date – up 47 per cent as at Wednesday (Oct 29). Investors seem unperturbed by the group’s 48 per...
SGX RegCo introduces more flexible listing rules, removes financial watch list
[ad_1] The regulator also seeks feedback on proposed mainboard rule changes to consolidate listing review functions[SINGAPORE] Companies looking to make their trading debut on the Singapore Exchange (SGX) mainboard will...