News
Apple Tap to Pay now available in Singapore, allowing merchants to use iPhones as contactless payment terminals
The function also supports contactless credit and debit cards from American Express, JCB, Mastercard, UnionPay and Visa[SINGAPORE] Apple has announced that Tap to Pay on iPhone is now available...
OpenAI declares ChatGPT ‘code red’ over stiff competition: report
CEO Altman says resources must be devoted to fending off the new competition to its chatbot[WASHINGTON] OpenAI CEO Sam Altman has declared a company-wide “code red” as its ChatGPT...
Nomura CEO sees big growth phase in wealth and asset management
[TOKYO/YOKOHAMA] Nomura’s chief executive officer vowed to build on the company’s earnings revival by strengthening businesses across the board, ranging from wealth to asset management and dealmaking. “I believe we...
Travel platform Klook to delay US listing until early 2026: sources
The company expects investors to be more receptive to an IPO once the holidays are over[HONG KONG] Klook Technology plans to list in the US early next year, according...
Ad giant Omnicom to cut over 4,000 jobs, fold legacy brands after IPG takeover
The advertising industry faces a serious threat as artificial intelligence reshapes creative production and tech giants[BENGALURU] Omnicom said on Monday (Dec 1) that it will lay off more than...
Wall Street opens lower ahead of Powell speech, manufacturing data
[NEW YORK] Wall Street’s main indexes opened lower on Monday (Dec 1) as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from...
Schneider Electric looks to digitalisation, new partners to tackle rapid electrification
[SINGAPORE] Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation.From buildings requiring more air-conditioning amid global warming to technology such as electric vehicles...
S-Reits poised for upturn with ‘buy’ call on 5 blue-chips: UOBKH
Brokerage also favours Lendlease, CLAR and CLAS, citing safe haven liquidity inflow into Singapore, lower cost of debt[SINGAPORE] UOB Kay Hian (UOBKH) analyst Jonathan Koh has kept an “overweight”...
Gold edges lower from near three-week peak on profit-taking
Investors are looking ahead to US manufacturing and private payroll data due later this week[BENGALURU] Gold edged lower in early Asian trade on Monday (Dec 1) from a near...
Australia house prices climb in November amid record unaffordability, Cotality says
AUSTRALIAN home prices rose in November with large gains in several state capitals, amid a record level of housing unaffordability, property consultant Cotality said on Sunday (Nov 30).Prices increased...
