Fashion
Riskiest real estate bonds are beating Nvidia’s returns
A PREVIOUSLY gloomy corner of the debt world has become the biggest winning trade in global financial markets, producing returns that few traders have seen in more than a...
Raffles Medical executive chairman expands interest; First Reit independent director cashes in
Institutions were net sellers of Singapore stocks over the five trading sessions spanning Sep 20 to 26, with S$54 million of net institutional outflow – reducing total net inflows...
Apple drops out of talks to join OpenAI investment round: WSJ
APPLE has left negotiations to participate in an OpenAI funding round expected to raise about US$6.5 billion, the Wall Street Journal said on Friday (Sep 27). The tech giant...
Canada’s high-yield bond market is suddenly the hottest in years
THE often-overlooked Canadian high-yield debt market is having a moment, as companies pile in to sell debt and investors look to lock in coupons before central bank monetary policy...
OpenAI sees US$11.6 billion revenue next year, offers Thrive chance to invest again in 2025
THRIVE Capital is investing more than US$1 billion of OpenAI’s current US$6.5 billion fundraising round, and it has a sweetener no other investors are getting: the potential to invest...
Binance founder Zhao released from US custody: Bloomberg
BINANCE founder Zhao Changpeng was released from a correctional facility in California on Friday (Sep 27), Bloomberg News reported, citing a spokesperson for the Bureau of Prisons.Former chief executive...
Comcast unit sues Warner Bros for breach on TV show deals
COMCAST’S European Sky pay-television unit sued Warner Bros, alleging the film and TV company breached an agreement to share co-production opportunities on projects like a Harry Potter TV series.The...
OpenAI is growing fast and burning through piles of money
OPENAI, the San Francisco startup behind ChatGPT, has been telling investors that it is making billions from its chatbot and that it expects to make a lot more in...
Rate cuts set gold on track for best quarter in eight years
GOLD prices were heading for their best quarter in more than eight years on Friday (Sep 27), having hit a series of record highs in recent sessions as the...
Dollar weakens after inflation data, yen surges on Ishiba win
THE dollar fell on Friday (Sep 27) after a reading of US inflation signalled price pressures continue to ebb, while the yen strengthened against the greenback after Shigeru Ishiba,...
