Business

Analysts Warn of Fallout from DeepSeek’s AI Breakthrough as Singapore Data Centre Reits Face Declines 0
- Business
- 01/28/2025
DeepSeek’s Cost-Effective AI Development Sparks Market Recalibration, Affecting Data Centre Stocks The rise of Chinese AI firm DeepSeek has sent ripples through the AI ecosystem, with analysts cautioning that companies, including those in Singapore, could face significant repercussions. DeepSeek’s ability to develop AI systems at a fraction of the cost and with lower power consumption
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HSBC to Scale Down Investment Banking Operations in the West as Part of Restructuring 0
- Business
- 01/28/2025
Major Focus Shift to Asia and the Middle East with Plans to Streamline Investment Banking Services HSBC Holdings is set to scale down its investment banking operations in Europe, the US, and the UK, as part of a broader restructuring initiative under CEO Georges Elhedery. The bank, Europe’s largest, will withdraw from providing equity capital
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Mapletree Investments Purchases Logistics Properties in UK and Spain for €315.1 Million 0
- Business
- 01/27/2025
The acquisition marks the foundation of the company’s second European logistics fund. Mapletree Investments, a prominent real estate firm, has acquired its first logistics property in the UK and a collection of 10 warehouses in Spain for a total of approximately 315.1 million euros (S$444.5 million). These newly acquired properties, which collectively offer a net
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Santosa and Kolonas Families Propose Privatisation of Japfa at S$0.62 per Share 0

The offer represents a 34.8% premium over the company’s last traded price, aiming to take Japfa private and provide greater business flexibility. The family members of Japfa’s founder have made an offer to take the agri-food company private through a scheme of arrangement at a price of S$0.62 per share. The offer is being made

Trump’s Push for Oil and Gas Expansion Expected to Benefit CSE Global, Says Maybank 0

Increased O&G Activities in the US Could Boost CSE Global’s Revenue and Opportunities in the Sector Maybank analysts have forecasted a potential boost for Singapore-listed CSE Global following US President Donald Trump’s recent executive actions to ramp up oil and gas (O&G) production. The new policies, aimed at addressing the US’s energy needs, include the

Southeast Asian Siblings Craft Luxury Indonesian Yacht Amid Pandemic Challenges 0

Despite Travel Barriers, Siblings Pursue Dream of Building a Premium Yacht in Indonesia In March 2020, as the Covid-19 pandemic forced New York City into lockdown, many Americans returned to their home states to reunite with family. Yet, for some, like fashion designer Jasmine Tabalujan Chong, the journey home proved nearly impossible. Jasmine, who was

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