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.…
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Business
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…
Business
Wall Street subdued at open as Fed rate cut decision nears
Wall Street’s main stock indexes were subdued at the open on Tuesday (Dec 9) as investors awaited the Federal Reserve’s policy decision,…
Business
Accenture, Anthropic strike multi-year partnership to boost AI adoption
The tie-up reflects enterprise efforts across industries to upskill their workforce on AI technologies [DUBLIN, Ireland] Accenture and…
Business
Microsoft unveils US$23 billion in new AI investments with big focus on India
Microsoft on Tuesday (Dec 9) unveiled about US$23 billion in new artificial intelligence investments, with the bulk earmarked for India as…
Business
BMW names veteran Nedeljkovic as CEO to tackle China, Tesla
BMW named 30-year company veteran Milan Nedeljkovic as its next CEO on Tuesday (Dec 9) to replace long-time chief Oliver Zipse, as the…
Business
Novartis strikes deal with UK biotech for up to US$1.7 billion
Novartis is on a deal spree this year, including the US$12 billion acquisition of Avidity Biosciences Novartis will pay UK biotech…
Business
Mainboard debutants YZJ Maritime, Centurion Accommodation Reit among additions to iEdge Singapore Next 50 indices
The combined weightage of these two counters and Golden Agri-Resources will be around 9% Yangzijiang (YZJ) Maritime, Centurion…
Business
Apac airlines to increase net profit by 6.5% to US$6.6 billion in 2026: Iata
Asia-Pacific airlines are projected to record US$6.6 billion of net profit in 2026, up from S$6.2 billion in 2025, the International Air…
Business
BOJ’s Ueda says Japan is getting closer to sustainable inflation
Markets bet the central bank will lift rates to 0.75%, the highest since 1995, on Dec 19 Bank of Japan (BOJ) governor Kazuo Ueda said the…
Business
Singapore stocks gain more ground on Tuesday as regional indices end mixed
Across the broader market, gainers trail losers 262 to 265, after 1.1 billion securities worth S$1.1 billion change hands Stocks in…
Business
India aviation regulator asks IndiGo to cut 5% of winter flights
The government has launched an investigation into how the airline ended up in its predicament India’s aviation regulator ordered IndiGo to…
Business
India’s biggest airline IndiGo says operations ‘back to normal’
India’s biggest airline IndiGo said on Tuesday (Dec 9) its operations had stabilised after it cancelled thousands of flights, triggering…
Business
BHP strikes US$2 billion funding deal with GIP for iron ore power network
The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake BHP Group said on Tuesday (Dec 8)…
Business
Australia’s central bank holds rates steady, signals no rush to hike
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending Australia’s…
Business
Australia’s central bank holds rates steady, rules out further cuts
Bond yields spike to a 13-month high after governor Bullock says that price risks have ‘tilted to the upside’ Australia’s central bank…
Business
US Justice Department accuses two Chinese men of trying to smuggle Nvidia chips
Prosecutors estimate that the scheme had been in operation since at least November 2023, according to court documents Two Chinese men are…
Business
Singapore-focused investors look to tech sector for growth: poll
Even as the tech sector takes a beating across the world, Singapore-focused investors believe it will attract the most investment across…