Business
Crypto exchange HashKey seeks up to US$215 million from Hong Kong IPO
HashKey Holdings, operator of Hong Kong’s largest licensed crypto exchange, is seeking to raise as much as HK$1.67 billion (S$279 million)…
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Business
Business
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold edged higher on Tuesday (Dec 9), even as investors pulled back slightly on US rate cut bets, reflecting caution that the US Federal…
Business
Granite Asia raises US$350 million for fund backed by Temasek, Khazanah, INA
Granite Asia, a Singapore-based investment firm, said on Tuesday (Dec 9) that it had raised more than US$350 million in the first close of…
Business
SingPost raises standard domestic mail rates by S$0.10
The new prices are S$0.62 for standard regular mail and S$0.90 for standard large mail On Tuesday (Dec 9), Singapore Post (SingPost)…
Business
SingPost raises standard domestic mail rates by S$0.10 as mail decline, rising costs persist
The new prices are S$0.62 for standard regular mail and S$0.90 for standard large mail On Tuesday (Dec 9), Singapore Post (SingPost)…
Business
Stocks to watch: OCBC, Jardine Matheson, Mandarin Oriental, SingPost
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 9): OCBC: The bank’s mezzanine…
Business
Mandarin Oriental shareholders approve Jardine Matheson privatisation offer
Shareholders of Mandarin Oriental International on Monday (Dec 8) voted in favour of Jardine Matheson’s cash takeover bid that values the…
Business
Jardine Matheson’s bid to privatise Mandarin Oriental gets shareholders’ nod
Shareholders of Mandarin Oriental International on Monday (Dec 8) voted in favour of Jardine Matheson’s move to delist its hotel…
Business
Nvidia wins Trump’s approval to sell H200 AI chips in China
The company sells the more advanced Blackwell generation in the US and is preparing to shift to an even speedier family of chips called…
Business
US to allow Nvidia H200 chip shipments to China, Trump says
The United States will allow Nvidia’s H200 processors, its second-best artificial intelligence chips, to be exported to China and collect…
Business
US to allow Nvidia H200 chip shipments to China, says Trump
Nvidia shares rise 2% in after-hours trading after announcement; US president says same approach will apply to AMD, Intel The United…
Business
Mana Products Said to Furlough Employees, Explore Options
Industry rumors swirled Monday around the future of one of beauty’s oldest contract manufacturers, which is allegedly in the process of…
Business
Nomura sends bankers to New York, London in asset manager push
Nomura Asset Management plans to relocate dozens of staff from its Tokyo headquarters to offices in cities such as London and New York to…
Business
US economy in ‘soft landing’, though inflation won’t go away that quickly: JPMorgan CEO Jamie Dimon
Singapore has a ‘big chance’ to become a bigger financial hub in the coming years, he says in first visit to city-state since 2022 When…
Business
JPMorgan’s Jamie Dimon: It’s 'staggering’ how Singapore is always thinking ahead (BT Exclusive)
Singapore has a ‘big chance’ to become a bigger financial hub in the coming years, he says in first visit to city-state since 2022 When…
Business
JPMorgan’s Jamie Dimon on succession, Singapore model, AI, US economy (BT interview)
Global banking titan believes Singapore has big chance to become bigger financial hub; talks about succession, AI and US economy When…
Business
JPMorgan’s Jamie Dimon on succession, Singapore model, AI, US economy in exclusive BT interview
Global banking titan believes Singapore has big chance to be bigger financial hub; talks about succession, AI and US economy When JPMorgan…
Business
PepsiCo plans layoffs as it looks to wrap up Elliott talks
Companies have frequently requested staff to work from home in recent years ahead of layoffs PepsiCo announced a series of operational…
Business
US stocks end lower as investors wait for Fed rate decision
Technology companies have been looking to override disparate laws passed by US states Wall Street’s main indexes closed lower on Monday…
Business
European shares subdued at close amid caution ahead of week’s Fed rate decision
Global markets have gained in the last few weeks on rising expectations of a Fed cut in December European shares ended subdued on Monday…
Business
Moody’s downgrades Genting Bhd and two subsidiaries
Move reflects Malaysian giant’s “already-weak position” due to prolonged deleveraging amid slow earnings recovery, says ratings agency…
Business
Private credit, core-plus infrastructure could offer ‘good risk-reward’ in 2026: Temasek CEO
Private credit and core-plus infrastructure assets could put investors looking to diversify from equities in a “good risk-reward” position…
Business
US stocks open higher as investors await Fed rate cut decision
Wall Street’s main indexes opened modestly higher on Monday (Dec 8) as investors priced in expectations that the Federal Reserve will…
Business
IBM accelerates cloud drive with US$11 billion Confluent deal as AI demand booms
Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models IBM said on Monday (Dec…