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Venezuelan President Nicolas Maduro’s Family Hit With US Sanctions Amid Corruption Crackdown
The United States imposed sweeping sanctions on December 11, 2024, targeting three nephews of Venezuelan President Nicolas Maduro’s wife and six oil tankers in a major escalation of pressure on…
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OCBC users hit by mobile and online log-in error
Subsequent checks show an error message that says OCBC is working to resolve the issue [SINGAPORE] OCBC digital users were unable to log-in to the mobile and online banking on…
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OCBC users hit by short-lived mobile and online log-in error; bank says issue resolved
[SINGAPORE] OCBC digital users are now able to access mobile and online banking services, following a short-lived outage on Thursday (Dec 18) morning. About 1,000 outage reports were lodged on…
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ANZ hit with second “strike” as shareholders dissent over pay report
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the bank’s executive pay report at its 2025 annual general meeting. Shareholders…
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Oracle data centre plan hit as Blue Owl walks from US$10 billion deal: source
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiations Oracle’s largest data centre partner, Blue Owl Capital, will not provide funding for…
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Gold could hit US$5,000 an ounce in 2026 if risk hedging persists: market watchers
Returns are expected to moderate for the precious metal in the new year, say analysts [SINGAPORE] Gold has surged more than 60 per cent since the beginning of 2025 –…
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Gold could hit US$5,000 an ounce in 2026 if risk hedging persists: market watchers
Returns are expected to moderate for the precious metal in the new year, say analysts [SINGAPORE] Gold has surged more than 60 per cent since the beginning of 2025 –…
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DBS, OCBC hit new records but UOB lags
The new records follow DBS’ appointment by the Chinese central bank to be the first local bank to serve as a yuan clearing lender [SINGAPORE] Shares of two local banks,…
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ASX hit with A$150 million capital charge, regulatory reforms
The exchange operator will also revamp its internal transformation programme with new targets and commit to stronger leadership [SYDNEY] Australia’s corporate regulator will impose a A$150 million (S$129 million) capital…
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Singtel hit with S$1 million fine for 2024 voice disruption
The incident on Oct 8 last year affected more than 500,000 users for more than four hours [SINGAPORE] The Infocomm and Media Development Authority (IMDA) imposed a S$1 million fine…
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Singtel hit with S$1 million fine for 2024 disruption that affected over 500,000 users
The incident on Oct 8 last year affected more than 500,000 users for more than four hours [SINGAPORE] The Infocomm and Media Development Authority (IMDA) imposed a S$1 million fine…
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You Might Get Hit by a $500+ AI Identity Theft Trap That’s Wrecking Americans’ Credit Scores
The number of identity theft victims in America has skyrocketed from 43% to 78% within a single year—and the consequences are devastating. Credit scores are plunging, and over half of…
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X hit with 120 million euros EU fine for breaching content rules, TikTok settles
Europe’s Big Tech crackdown to boost competition and consumer choice has drawn criticism from Trump’s administration [BRUSSELS] Elon Musk’s social media company X was fined 120 million euros (S$181 million)…
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US Manufacturing Suffers Ninth Month Of Contraction As Falling Orders, Rising Costs Hit Factories
AFP U.S. manufacturing continued to contract in November marking the ninth month in a row that factory activity has slipped. The latest nationwide survey of purchasing managers showed the manufacturing…
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OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago [SINGAPORE] Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management…
