Business
IndiGo crisis shows perils of India’s corporate dominance
The domination of the country’s two airlines is a far cry from a decade ago, when more than nine players shared the market Flight chaos…
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Business
Business
Temasek-owned SeaTown raises about US$900 million in second close of third private credit fund
This comes four months after its first close of over US$612 million back in August SeaTown, owned by Temasek’s asset management group…
Business
World’s largest airline caterer Gategroup, co-owned by Temasek, said to ready for IPO
THE world’s biggest in-flight caterer Gategroup Holding AG is preparing for an initial public offering as soon as the second half of next…
Business
World’s largest airline caterer Gategroup, co-owned by Temasek, said to be prepping for IPO
THE world’s biggest in-flight caterer Gategroup Holding AG is preparing for an initial public offering as soon as the second half of next…
Business
A guide to the Nvidia chips at the centre of US-China AI rivalry
As China races to catch up with the US in artificial intelligence (AI) technology, the state of relations between the countries can be…
Business
New Zealand central bank says policy path not preset, guided by inflation outlook
New Zealand’s top central banker said on Wednesday that there was no preset course for monetary policy and that adjustments would be made…
Business
Stocks to watch: Golden Agri, YZJ Maritime, Centurion Accommodation Reit, Acrophyte Hospitality Trust, UltraGreen.ai
The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 10): Golden-Agri Resources, YZJ…
Business
Stocks to watch: Golden Agri, YZJ Maritime, Centurion Accommodation Reit, UltraGreen.ai, AHT, LMIRT
The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 10): Golden-Agri Resources, YZJ…
Business
AI memory chipmaker SK Hynix weighs New York stock listing
SK Hynix is exploring the possibility of listing shares in New York, a move seen potentially helping close the valuation gap between the…
Business
Tencent goes hands-on to reshape US$10 billion global games empire
This year, Tencent Holdings’ gaming business scored record sales, defying an industry slowdown with international hits such as zombie…
Business
Fed chair front-runner Hassett says ‘plenty of room’ to cut rates
White House economic adviser Kevin Hassett, the front-runner to be the Federal Reserve’s next chair, told the WSJ CEO Council on Tuesday…
Business
US bank regulator says banks can act as crypto intermediaries
Critics say such changes have made the traditional financial sector and the loosely-regulated and volatile world of cryptocurrencies more…
Business
Wells Fargo expects more job cuts, will roll out AI gradually in 2026
Wells Fargo expects more cuts to its workforce and sees higher severance expenses in the current fourth quarter, CEO Charlie Scharf said…
Business
Should CapitaLand Ascendas Reit rejig its portfolio further in favour of data centres and life sciences assets?
With the Reit in a prime position to capitalise on its advantage in such assets, this is the right time to seize the opportunities…
Business
World watches first teen social media ban kick off in Australia
Australia’s social media ban for youths took effect on Wednesday (Dec 10), a landmark move that’s drawn global attention at a time…
Business
SpaceX to pursue 2026 IPO raising far above US$30 billion
SpaceX is moving ahead with plans for an initial public offering (IPO) that would seek to raise significantly more than US$30 billion,…
Business
Swatch and Citizen face Italian scrutiny over pricing practices
The Italian competition authority said on Tuesday it had opened two investigations into Swiss watchmaker Swatch and Japan’s Citizen Watch.…
Business
Global airlines set for record US$41 billion net profit next year: Iata
Global airline trade body Iata said on Tuesday the airline sector would post record profits next year despite ongoing supply-chain issues…
Business
Microsoft makes US$17.5 billion pledge for AI cloud in India
The country of 1.45 billion people is increasingly drawing the attention of AI power brokers as a market and a source of talent and data…
Business
Europe shares subdued with Fed meeting in focus; EssilorLuxottica falls
EUROPEAN shares ended flat on Tuesday as investors stayed cautious going into the US Federal Reserve’s two-day policy meeting, while…
Business
US stocks close mixed as investors await Fed rate decision
THE S&P 500 ended Tuesday’s session slightly lower as investors anticipated that the Federal Reserve would take a hawkish tone even if it…
Business
The Shark and Guy Harvey Partner on Marine Wildlife Capsule
Greg Norman has long been known as the “Great White Shark,” a nickname he acquired for his aggressive style of golf, his blond hair and…
Business
If You Can’t Budget Marketing, Don’t Start
I’ve scaled brands from zero to millions, and I’ve seen the same painful mistake repeat. Companies try to buy growth before they’ve earned…
Business
LMIRT launches rights issue to raise S$63 million
Most of the proceeds will go towards paying off loans; some of it will be used for general working capital Lippo Malls Indonesia Retail…