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Mastercard Boosts Cyber Resilience By Acquiring Recorded Future For $2.65 Billion
Mastercard has signed a $2.65 billion deal with private equity firm Insight Partners to acquire Recorded Future, a leader in threat intelligence. The acquisition marks a significant step for Mastercard…
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NXP Semiconductors to invest more than US$1 billion in India as it boosts R&D efforts
NXP Semiconductors will invest over US$1 billion in India, doubling its research and development efforts, the Dutch company’s CEO said on Wednesday (Sep 11), joining global names betting on a…
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Citi boosts Australia and New Zealand Markets business with key appointments
CITIGROUP announced seven new appointments for its Australia and New Zealand business on Monday (Sep 2) across verticals, as the financial services major aims to strengthen these markets. The appointments…
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Indian Railways Unveils Advanced Water Level Monitoring System; Boosts Passenger Comfort
IANS Indian Railways has launched an innovative ‘water level monitoring system’ aimed at enhancing the comfort of train passengers. The first installation of this system has been carried out on…
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‘Goldilocks’ scenario boosts Asian currencies to five-month high
ASIAN currencies rallied to the highest since March as ebbing US recession concern, bets on Federal Reserve rate cuts next month and an improving domestic backdrop lifted sentiment in the…
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Gold drifts higher as US rate cut optimism boosts appeal
GOLD prices nudged higher on Tuesday (Jul 16) as comments from Federal Reserve chair Jerome Powell bolstered the case for a September rate cut, while investors awaited more US economic…
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Bitcoin hits US$60,000 as Trump shooting boosts re-election odds
BITCOIN rose above US$60,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that his chances of winning the presidential election have climbed. The former president, who has…
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Demand boosts hotel RevPAR for hospitality S-Reits
Among the seven S-Reit sub-sectors, hospitality S-Reits are the fourth-largest in terms of combined market capitalisation. The five actively traded hospitality trusts have an average price-to-book ratio of 0.61 times…
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Demand boosts hospitality S-Reits’ hotel RevPAR
Among the seven S-Reit sub-sectors, hospitality S-Reits are the fourth largest in terms of combined market capitalisation. The five actively traded hospitality trusts have an average price-to-book ratio of 0.61…
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Gold holds ground as slowing inflation boosts Fed rate-cut bets
GOLD prices held steady on Monday (Jul 1) after data showed US inflation subsided, bolstering hopes that the US Federal Reserve will start cutting interest rates this year. Spot gold…
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SoftBank raises US$1.86 billion overseas as it boosts AI bets
SOFTBANK Group raised about US$1.86 billion via US dollar and euro bond sales in its first foreign currency debt deal since 2021, as the Japanese tech firm moves to jump-start…
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Nasdaq boosts scrutiny of investors in IPOs from China, Hong Kong
NASDAQ is once again increasing scrutiny of small initial public offerings (IPOs) from China and Hong Kong to avoid a repeat of the wild swings that followed a handful of…
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Berkshire Hathaway boosts stake in Occidental Petroleum to nearly 29%
BILLIONAIRE Warren Buffett’s Berkshire Hathaway acquired another 2.95 million shares in Occidental Petroleum, a regulatory filing showed, bringing his stake in the US oil producer’s common stock to nearly 29…
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Goldman Sachs boosts S&P 500 target on upbeat profit outlook
Goldman Sachs Group strategists have boosted their year-end target for the S&P 500 Index for a third time, reflecting Wall Street’s optimistic outlook for earnings growth and the US economy.…
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Broadcom boosts revenue forecast from AI chips, unveils stock split
BROADCOM raised its annual forecast for revenue from chips that help in artificial intelligence (AI) work by 10 per cent on Wednesday (Jun 12) and announced a stock split to…
