Culture
Shareholders to vote on Great Eastern delisting on Jul 8
[SINGAPORE] Independent directors of Great Eastern Holdings (GEH) are recommending for shareholders to accept OCBC’s conditional exit offer that will ultimately lead to the insurer’s delisting.This is based on...
Xiaohongshu joins wave of Chinese firms releasing open-source AI models
[BEIJING] Xiaohongshu, also known as Rednote, one of the country’s most popular social media platforms, has released an open-source large language model, joining a wave of Chinese tech firms...
Gold falls on strong US jobs data and improved trade outlook
[BENGALURU] Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal Reserve, while optimism over easing trade...
ECB’s Schnabel says now is right time to boost role of euro
[DUBROVNIK] European Central Bank Executive Board member Isabel Schnabel sees a favourable moment now to strengthen the euro’s global role as investors turn to Europe.
There is a “window of...
Arina East Residences sells 10 out of 107 units at average price of S$3,000 psf as booking opens
[SINGAPORE] Freehold development Arina East Residences sold about 9 per cent of its 107 units on Saturday (Jun 7), at an average price of about S$3,000 per square foot...
Group CEO Ng Chin Siau increases stake in Q & M
[SINGAPORE] Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional outflow of S$32 million compared to...
Keppel DC Reit set to join STI from Jun 23
[SINGAPORE] Following the Straits Times Index’s (STI) June quarterly review, Keppel DC Reit will be entering the index, replacing Jardine Cycle & Carriage, effective from Jun 23. This increases...
New push in Europe to curb children’s social media use
[LUXEMBOURG] From dangerous diet tips to disinformation, cyberbullying to hate speech, the glut of online content harmful to children grows every day. But several European countries have had enough...
Crude climbs on US jobs report, China talks
[HOUSTON] Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favourable US jobs report and resumed trade talks between...
Europe: Equities gain for second week on jobs data and trade hopes
EUROPEAN shares rose for a second straight week, buoyed by robust US employment figures and diminishing concerns over trade friction that had previously rattled investor confidence.The pan-European Stoxx 600 rose 0.32...
