Companies & Markets

OpenAI inks deals with US colleges, seizing early lead in education market

The company has sold more than 700,000 ChatGPT licences to about 35 public universities

Japanese firms sell millions of cars in the United States every year, but American vehicles are rare in Japan.

Toyota to import US-made cars after Trump gripe

JAPANESE car giant Toyota said on Friday it will begin importing three of its US-manufactured models into its home market next year, in an apparent move to placate Donald Trump.

The Bank of Japan decided by a unanimous vote to raise its main rate from 0.5 per cent.

Bank of Japan hikes interest rates to 30-year-high of 0.75%

THE Bank of Japan hiked interest rates to a 30-year high of 0.75 per cent on Friday, the first increase since January, as it said the economy had shown signs of improvement.

Hong Kong, Shanghai, Sydney, Seoul, Singapore, Taipei and Wellington markets were all up on Friday morning.

Asian markets rise as US inflation eases, Micron soothes tech fears

ASIAN markets rose on Friday as a below-forecast read on US inflation boosted hopes for another interest rate cut next month, while blockbuster earnings from chip firm Micron helped soothe nerves over...

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Thailand is known to have a significant pool of commercial gold traders, in addition to many households investing in physical gold as part of their personal reserves.

Baht soars to 3-year high against Singdollar – but can its strength persist?

Thai currency’s rise is fuelled by a soft US dollar, recent Fed easing and sharp acceleration in gold prices

Federal Reserve Governor Christopher Waller delivers remarks at a conference at Stanford University’s Hoover Institution in Palo Alto, California, Oct 14, 2024.

Trump praises Fed Governor Waller as ‘great’ after interview for Fed Chair

[WASHINGTON] US President Donald Trump said on Thursday he interviewed Federal Reserve Governor Christopher Waller a day earlier as a candidate to succeed Jerome Powell as Fed chair, praising him as “...

The sale is part of Coliwoo’s transition to a more asset-light business model.

Coliwoo disposes Pasir Panjang co-living hotel space in S$43.9 million sale-and-leaseback deal

Estimated net proceeds of S$15.3 million will be used to repay working capital loans owed to LHN Group and for general working capital purposes

Maxima is a building with a total lettable area of 16,689 square metres, which was completed in the late 1950s.

Stoneweg Europe Stapled Trust divests office asset in Italy for 34 million euros

Following the divestment, the trust’s exposure to Italy will fall from 18% to 17%

Coliwoo has entered into a sale-and-leaseback deal to dispose of a co-living hotel property in Pasir Panjang.

Stocks to watch: Stoneweg Europe Stapled Trust, Coliwoo

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Dec 19):