Business
China’s Baidu says its Kunlun chip cluster can train DeepSeek-like models
[BEIJING/SHANGHAI] China’s Baidu has successfully “illuminated” a cluster comprising 30,000 of its self-developed, third-generation P800…
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Business
Business
Suntec Reit sees subdued retail sales, expects office, retail tenants to hold off expansion plans
Office and retail tenants are expected to hold off on their expansion plans amid uncertainty over the impact of US tariffs, said the…
Business
Seven & i’s new CEO aims aggressive investments in US stores
Seven & i Holdings’ new chief executive officer plans to boost investments in its US stores using cash from a planned listing of its…
Business
Keppel Infrastructure Trust downgraded to ‘hold’; Mapletree Logistics Trust ‘buy’ call maintained: DBS
Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season – where they have kept their…
Business
DBS downgrades Keppel Infrastructure Trust to ‘hold’, keeps Mapletree Logistics Trust at ‘buy’
Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season: They have kept their “buy”…
Business
Singapore Airlines, OpenAI link up to build AI solutions to raise efficiency, customer service
SIA will also beef up its operational processes by integrating OpenAI’s advanced AI models into its existing tools Singapore Airlines…
Business
HSBC launches wealth centre at Star Vista, seeks to deepen local wealth banking network
HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista, marking the second of three…
Business
Citi picks Goldman Sachs’ Christopher Chan to head Asia-North and South markets solutions for financial institutions
Citi on Friday (Apr 25) announced that former Goldman Sachs banker Christopher Chan will be its new Asia-North and South head of markets…
Business
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, launch share buyback programme
Property group Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator for…
Business
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, and launch share buyback programme
Asian property developer Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator…
Business
Southwest CEO says US airline industry is already in a recession
The Dallas-based carrier is more dependent on domestic leisure travellers for revenue than US peers with more extensive international…
Business
Gold set for third straight weekly gain; US-China trade talks in focus
Gold prices rose on Friday (Apr 25) and were headed for a third consecutive week of gains, while investors closely monitored further…
Business
JD.com’s delivery clash with Meituan may worsen US$70 billion rout
While much of the world is focused on a volatile international trade war, two of China’s largest Internet companies are inflicting greater…
Business
Nomura weighs deeper foray into prime brokerage four years after Archegos
Nomura Holdings is weighing a return to offering cash prime-brokerage services in the US and Europe, businesses it largely exited just…
Business
Stocks to watch: CICT, MPACT, Sats, Suntec Reit, OUE Reit, Clint
The following companies saw new developments that may affect trading of their securities on Friday (Apr 25). CapitaLand Integrated…
Business
CapitaLand Integrated Commercial Trust NPI slips 0.8% on lower revenue
CapitaLand Integrated Commercial Trust posted a net property income (NPI) of S$291.5 million for its first quarter of FY2025, a 0.8 per…
Business
MPACT struggles with leasing demand, cost of debt as Q4 DPU tumbles 14.8%
The manager of Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Apr 25) warned of ongoing challenges – including slow leasing demand…
Business
Bank of Japan’s Ueda keeps rate-hike pledge but warns of US tariff impact
Bank of Japan (BOJ) governor Kazuo Ueda said on Thursday (Apr 24) that the central bank will continue to raise interest rates if…
Business
US bank regulators pull back guardrails on bank crypto activities
banking regulators announced on Thursday (Apr 24) that they were pulling back several documents that urge banks to show caution when…
Business
Chinese EV maker Nio’s challenges bleed into its bond prices
A rally in the price of Nio’s convertible bonds is not enough to allay concerns over the Chinese electric vehicle (EV) maker’s financial…
Business
Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop
Skechers on Thursday (Apr 24) withdrew its annual results forecast as the Trump administration’s erratic trade policies fuel economic…
Business
Mobile Marketing: Text Your Way to Profits
Mobile marketing is changing the way businesses connect with their customers. With more people using their phones for everything from…
Business
Intel delivers disappointing forecast, moves to slash jobs
Intel, the chipmaker attempting a comeback under new chief executive officer Tan Lip-Bu, gave a weak forecast for the current period and…
Business
Match Group seeks to woo more singles in Asia to swipe on its apps
Match Group, the dating app giant which owns popular platforms such as Tinder and Bumble, is eyeing Asia for new growth opportunities as…