News
AI to send Asia’s data centre spending and power needs up; Morgan Stanley picks the winners
[SINGAPORE] Data centre investments in Asia will likely double to US$200 billion by 2030, as the rising use of artificial intelligence (AI) will powers the demand for digital infrastructure...
US regulator drops lawsuit against Binance
Published Fri, May 30, 2025 · 11:51 AM[WASHINGTON] The US Securities and Exchange Commission (SEC) on Thursday dropped its civil lawsuit against the cryptocurrency exchange Binance and its majority...
Microsoft touts AI sales at town hall, reveals Barclays contract
MICROSOFT touted its progress selling artificial intelligence tools to corporate customers during a companywide town hall on Thursday, including a major deal with Barclays.Chief commercial officer Judson Althoff told...
US judge sentences ex-Goldman Sachs banker to two years over 1MDB scandal
[NEW YORK] A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued for leniency due...
Europe: Shares ease as trade uncertainty lingers after court blocks Trump’s tariffs
EUROPEAN shares eased on Thursday as initial relief that a US trade court had blocked some of President Donald Trump’s tariffs fizzled out.The continent-wide Stoxx 600 index closed 0.19...
Businesses tackling Asia’s ageing crisis awarded S$3 million at DBS Foundation’s Impact Beyond Awards
[SINGAPORE] Smart emergency-response devices available round the clock and using artificial intelligence (AI) to help clients match with caregivers were among the four ideas that won the DBS Foundation’s...
US: Wall St opens higher after court blocks most Trump tariffs
Published Thu, May 29, 2025 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened higher on Thursday (May 29) after a federal court ruled against most of US President...
Singapore stocks rise after US court blocks Trump’s tariffs; STI up 0.1%
[SINGAPORE] Singapore stocks ended higher on Thursday (May 29), after a US trade court on Wednesday blocked US President Donald Trump’s “Liberation Day” tariffs from going into effect.In Singapore,...
NTT Docomo to buy SBI’s net bank for 420 billion yen in cut-throat market
[TOKYO] NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s financial offerings in a hyper-competitive...
Sony says spinoff will give financial arm its own fundraising capabilities
It is the first partial spinoff by a company in Japan with a direct listing – the first in Japan in more than two decades – set for Sep...
