News
Federal Reserve’s Barr says AI will transform economies though outcomes vary
[ad_1] FEDERAL Reserve Governor Michael Barr said although artificial intelligence will transform economies, there are a range of outcomes as to how that will play out.Barr, in remarks prepared for...
Asia: Markets up on hopes over shutdown deal, rate cut
[ad_1] EQUITIES rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive Federal Reserve interest rate...
ST journalist wins Financial Story of the Year award
[ad_1] Angela Tan recognised for scoop on Kwek family feud; Lianhe Zaobao, CNA938, The Edge Singapore also bag awards [SINGAPORE] Senior business correspondent Angela Tan has bagged the Financial Story...
Gold gains for fourth day on softer dollar, Fed rate-cut optimism
[ad_1] GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US government and flow of economic data will...
Stocks to watch: Singtel, F&N, SBS Transit, CLAR, Prime US Reit, Stoneweg Europe, BHG Reit
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 12): Singtel : Singtel posted a 176.4 per cent increase in net...
Europe: Stocks close at record high, led by buoyant healthcare shares, hopes for end to US shutdown
[ad_1] EUROPEAN shares closed at a record high on Tuesday, led by healthcare stocks, as investors anticipated an end to the US government shutdown and assessed mixed forecasts from telecom companies...
BHG Retail Reit logs 94.2% committed occupancy rate in Q3, eyes acquisitions
[ad_1] The Reit’s manager is upbeat about economic conditions in China, even though its recovery “may take time”[SINGAPORE] China-focused BHG Retail Real Estate Investment Trust (Reit) recorded a committed occupancy...
Microsoft to invest US$10 billion in Portugal AI data hub
[ad_1] The company is building the hub with Start Campus, a Portuguese developer, and British startup Nscale[LISBON] Microsoft will spend US$10 billion on an artificial intelligence (AI) data centre along...
Stoneweg Europe Stapled Trust divests Slovakia portfolio for 70 million euros
[ad_1] This comes as it focuses on Western European markets with ‘deeper liquidity and stronger tenant demand’ [SINGAPORE] Stoneweg Europe Stapled Trust (Sert) has divested its entire Slovakia investment in...
Sea doubles profit to US$375 million for Q3
[ad_1] [SINGAPORE] Sea reported on Tuesday (Nov 11) a 144.6 per cent increase in its third-quarter earnings to US$375 million, up from US$153.3 million for the year-ago period. Revenue for...
