Meta's CEO Mark Zuckerberg has made AI Meta’s top priority, and said in January that the company would spend as much as US$65 billion on related projects this year.

Chua’s total stake in the company is now at 75.682%.

Following the acquisition, CLI’s funds under management (FUM) will increase by around $470 million.

Gross domestic product shrank at an annualised pace of 0.2% in the three months through March, according to the Cabinet Office.

The consumer-price index fell 0.1% in May from a year earlier, the National Bureau of Statistics said Monday.

The DBS analysts note that the EU market is home to “often-overlooked global giants”.

Southeast Asia’s top lender gained as much as 0.8% in Singapore trading on Monday to hit $45.50. The firm is trading at a market capitalisation of $129 billion, extending its gains this year to 4.3%.

The company’s 1HFY2025 net profit is currently at 44% of RHB analyst Alfie Yeo’s revised estimates.

The Catalyst-listed firm also launched the inaugural issue of its three-month commercial papers on digital securities platform SDAX.

Some local property stocks and S-REITs could recover as part of de-dollarisation and the move of funds into Europe and Singapore

DBS keeps its 'buy' recommendation and increases target price of US$3.60.

The HSCEI and Hong Kong’s broader Hang Seng Index are both up more than 20% this year.

The group is also currently the top bidder for Lakeside Drive in Singapore, with a bid of $608 million or 1,132 per sq ft per plot ratio.

The entity, called Singapore Energy Interconnections, intends to invest in, develop, own and operate interconnectors to import electricity within Asean.

Japanese government bonds, in the meantime, have largely underperformed peers since mid April amid weak appetite for long-dated debt.

Great Eastern Holdings announced plans to delist its shares with a $0.9 billion conditional exit offer at $30.15 per share for the 6.28% GEH shares it does not own on June 6.

“The parties are not involved in any discussions at this time and Grab has not entered into any definitive agreements,” Grab said in a statement Monday.

The exchange saw a growth in SGX KRW/USD FX Futures from the unprecedented volatility in the Taiwan dollar.

This follows an announcement in April where SingPost mutually agreed with Alibaba Group Holdings to unwind cross-holdings in 4PX and QSI.