Culture
Google faces EU fine next year for favouring own services, sources say
Alphabet’s Google is expected to be fined by EU antitrust regulators next year for not doing enough to comply with EU rules against…
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sources
Culture
Bank of Japan reluctant to intervene on rising yields, sources say
The recent rises are due to investors taking a wait-and-see approach on uncertainty over how far the BOJ can eventually raise rates The…
Culture
China’s ZTE may pay more than US$1 billion to the US over foreign bribery allegations: sources
ZTE said it is engaged in “ongoing communication” with the US Justice Department CHINESE telecom equipment maker ZTE Corp may pay more…
Culture
Brookfield, GIC near binding offer for National Storage: sources
The parties are finalising details of a transaction that could be announced as soon as Monday Brookfield Asset Management and GIC are…
Culture
Meta’s Zuckerberg plans 30% budget cut to metaverse unit, potentially triggering January layoffs: sources
The proposed metaverse cuts are part of the company’s annual budget planning for 2026 Meta Platforms’ Mark Zuckerberg is expected to…
Culture
DayOne Data Centers seeks US$2 billion in upsized funding deal: sources
The data-centre operator may reach a valuation of about US$10 billion after the potential fundraising Singapore-based DayOne Data Centers…
Culture
ExxonMobil to permanently shut one steam cracker in Singapore from March: sources
The shutdown of the plant, which opened in 2002, is expected to be complete by June ExxonMobil plans to wind down operations at the older…
Business
Guinea-Bissau president arrested as gunfire heard, sources tell BBC
Guinea-Bissau's President Umaro Sissoco Embaló has been arrested by armed men, government sources have told the BBC, after gunfire was…
Culture
China buys at least 10 US soybean cargoes in new deals after Trump-Xi call: sources
China bought at least 10 cargoes of US soybeans worth around US$300 million in contracts signed since Tuesday, two traders with knowledge…
Culture
Brookfield, GIC to weigh buyout of National Storage Reit: sources
The volume of mergers and acquisitions involving Australian companies as either targets or sellers has fallen to around US$70 billion this…
Culture
BHP makes renewed takeover approach to Anglo American: sources
BHP Group has made a renewed takeover approach to Anglo American, the London-listed miner that is itself seeking to reshape the industry…
Culture
Deutsche Bank’s DWS cuts Asia private credit team in shift: sources
Despite Asia credit pullback, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset management arm of…
Culture
Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset…
Culture
CK Hutchison weighing Hong Kong listing for retailer Watson: sources
CK Hutchison Holdings is considering listing health and beauty retailer AS Watson Group, people familiar with the matter said. The Hong…
Culture
Vietnamese airline Vietjet to resume use of Chinese-made Comac planes: sources
C909, which seats up to 90 passengers, has been operating commercially since 2016 Vietnamese budget airline Vietjet plans to resume the…
Culture
Samsung hikes memory chip prices by up to 60% as shortage worsens: sources
The chip crunch has been so severe that it has spurred panic buying by some customers, according to industry executives and analysts…
Culture
Musk's Grokipedia leans on 'questionable' sources, study says
ELON Musk’s Grokipedia carries thousands of citations to “questionable” and “problematic” sources, US researchers said Friday (Nov 14),…
Blog
How chummy is too chummy? Epstein emails shine light on relationships between journalists, sources
The emails to and from Jeffrey Epstein released this week shine a light on the delicate relationship between reporters and their sources.…
Culture
UBS joins list of star tenants in GIC-backed Mumbai tower: sources
The bank will move staff to the Altimus, a building jointly owned by GIC and India’s K Raheja UBS Group is taking up new office space in a…
Culture
Netherlands ready to drop Nexperia control if China chip exports resume: sources
The Netherlands is prepared to suspend a so-called ministerial order that gave it control over Chinese-owned chipmaker Nexperia in a move…
Culture
Chinese banks edge out global rivals in financing Boyu Capital’s Starbucks China deal: sources
Ping An Bank, Industrial Bank, and China Minsheng Banking are set to arrange a seven-year syndicated loan of about US$1.4 billion Chinese…
Culture
Trafigura floods LME Malaysia warehouses with aluminium: sources
LME aluminium stocks at Port Klang jump nearly 100,000 tonnes on Oct 30 to 366,850 tonnes Trafigura delivered large quantities of…
Culture
China bans foreign AI chips from state-funded data centres: sources
The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use…
Culture
UltraGreen.ai starts pre-marketing of over S$300 million Singapore IPO: sources
The planned share sale would add momentum to Republic’s efforts to attract high-growth companies and boost its capital markets…