Culture

Apple to pay US$95 million to settle Siri privacy lawsuit
APPLE agreed to pay US$95 million in cash to settle a proposed class action lawsuit claiming that its voice-activated Siri assistant violated users’ privacy. A preliminary settlement was filed on...
US: Wall St opens higher in first trading session of 2025
Wall Street’s main indexes opened higher on the first trading session of 2025, with investors hoping a fresh political landscape and more interest rate cuts will enhance corporate and...
Nvidia’s remarkable stock surge mints three board billionaires
NVIDIA’S banner year supercharged chief executive officer Jensen Huang’s net worth to new heights. It also boosted three of the chipmaker’s longest-serving board members into the billionaire ranks, in...
Keppel DC Reit to divest Malaysia data centre for RM55.6 million
Reit subsidiary has entered into a sale and purchase agreement with Basis Bay Services MSC, an unrelated third partyKEPPEL DC Real Estate Investment Trust (Reit) is divesting Basis Bay...
10-year average return on Singapore Savings Bond slides to 2.82%
THE 10-year average return for the latest tranche of the Singapore Savings Bond (SSB) continued to fall, to 2.82 per cent, in line with rate cuts by the US...
Apple offers iPhone discounts in China as competition intensifies
APPLE is offering rare discounts of up to 500 yuan (S$93) on its latest iPhone models in China, as the US tech giant moves to defend its market share...
Retail traders seek nearly US$60 billion for toymaker Bloks Group’s Hong Kong IPO
RETAIL investors have applied to borrow nearly US$60 billion to participate in Chinese toymaker Bloks Group’s Hong Kong initial public offering (IPO), continuing to show demand for new listings....
PBOC seen delaying RRR cut after adding liquidity via new tools
CHINA’S central bank injected massive liquidity into the market at the end of 2024 without using high-profile stimulus, as officials preserve policy space before US president-elect Donald Trump returns...
CapitaLand Investment foresees heightened macro, geopolitical uncertainties in 2025
MACROECONOMIC and geopolitical uncertainties are likely to “weigh heavily” on CapitaLand Investment’s (CLI) business in the coming year, according to group chief executive Lee Chee Koon’s New Year message...
Asian LNG prices set to rise after Russia-Ukraine transit ends
THE end of Russian natural gas flows to Europe via Ukraine is likely to boost competition with Asia and prices for alternatives.Ukraine hopes increased supply of gas from the...
Lendlease, Warburg Pincus appoint Bart Price as CEO of Apac R&D joint venture
He has two decades of career experience in real estate, infrastructure investments and capital marketsAUSTRALIAN real estate group Lendlease and US private equity giant Warburg Pincus announced on Thursday...
China faces first FX test of 2025 with yuan’s red line in focus
THE offshore yuan’s year-end slide to its weakest since 2022 is set to put the China’s daily reference rate for the currency in focus as the market assesses policymakers’...