Analysis:Jitters over AI spending set to grow as US tech giants flood bond market ​

NEW YORK :Investors are growing uneasy that the rapid rise in public debt used to bankroll AI investments could strain the U.S. corporate bond market and eventually dampen the appeal of tech... Read more »

Companies supported by EDB yield annual spillovers of S$48.5 million each

The figure refers to net benefits that EDB-supported firms brought to other firms, from 2012 to 2019 [SINGAPORE] From 2012 to 2019, companies supported by the Economic Development Board (EDB) each brought... Read more »

Zuckerberg, Meta directors agree to $190 million settlement of shareholder privacy case

WILMINGTON, Delaware :Mark Zuckerberg and current and former leaders of Meta Platforms agreed to pay the company $190 million to resolve shareholder allegations that they damaged Meta by violating Facebook users’ privacy,... Read more »

Bitcoin bears dominate: odds of year-end price below $90,000 rise

NEW YORK :The likelihood of bitcoin ending the year below $90,000 has risen to 50 per cent, according to online options platform Derive.xyz, as traders ramped up hedging against more declines in... Read more »

Leaders Arsenal face uncertainty as Gabriel injury clouds Spurs clash

MANCHESTER, England :Arsenal’s preparations for Sunday’s home clash with Tottenham Hotspur have been hit by uncertainty over centre-back Gabriel, whose thigh injury is expected to rule him out of the showdown.  Gabriel... Read more »

DBS Foundation tops list of S’pore’s largest private donors, committing over $100 million in grants

SINGAPORE – The DBS Foundation topped a list of Singapore’s largest private donors for the first time, having committed to giving $102.6 million in 2024 to fund various causes such as supporting... Read more »

Weaponisation of finance over geopolitics a concern, says GIC’s CEO

[SINGAPORE] Given the shifting geopolitical landscape’s major impact on security, trade and supply chains, Singapore’s sovereign wealth fund GIC’s CEO Lim Chow Kiat is worried that this might eventually hit financial markets.... Read more »

PM Wong says new framework is needed to avoid ‘devastating consequences’ of retaliatory trade

His conversation with Bloomberg’s editor-in-chief also covers money laundering and a possible capital gains tax for Singapore [SINGAPORE] Today’s retaliatory trade dynamics might “end up with devastating consequences”, which is why Singapore... Read more »

More & longer planned MRT closures needed in future to keep trains reliable: Jeffrey Siow

Acting Minister for Transport sets expectations for future of Singapore rail system at international rail summit At the International Metro Operators’ Summit organised by SBS Transit, Acting Minister for Transport Jeffrey Siow... Read more »

How TradeTrust helps businesses trade seamlessly across borders

[This is a sponsored article with IMDA.] Global trade hit a record US$33 trillion in 2024. That same year, Singapore, one of the world’s largest trading hubs, saw over 130,000 vessels calling at... Read more »