Business
Anthony Law, PropNex Realty salesperson refute allegations in lawsuit involving 99-1 deal
This is in response to a case filed by a couple over the purchase of a unit at The Gazania Anthony Law Corp, which has been sued by a…
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Business
Business
Anthony Law, PropNex Realty salesperson rebut allegations in lawsuit involving 99-1 deal
This is in response to a case filed by a couple over the purchase of a unit at The Gazania Anthony Law Corp, which has been sued by a…
Business
Retail investors push e-commerce platform Meesho’s US$604 million India IPO to full subscription
The company has raised about US$270 million from anchors including Government of Singapore ahead of its IPO Meesho’s US$604 million…
Business
Asian exchanges play key role in providing global investors with diversification: SGX chief
Loh Boon Chye expects product innovation for derivatives to move toward multi-jurisdictional operations The chief executive officer of the…
Business
Global accounting body IASB consults on new model for assessing bank risks
The model will attempt to replace a transaction-driven view of how banks manage interest rate risks Banks could give investors a clearer…
Business
OECD Projects Vietnam's Economy to Sustain Strong Recovery Through 2026–2027
The Organisation for Economic Co-operation and Development (OECD) has raised its medium-term growth forecast for Vietnam, projecting GDP…
Business
Singapore’s benchmark index STI rises for the sixth day, up 0.4%
Across the broader market, decliners beat gainers 297 to 275, after 1.3 billion securities valued at more than S$1.4 billion are…
Business
Singapore’s benchmark STI rises for the sixth day, up 0.4%
Across the broader market, decliners beat gainers 297 to 275, after 1.3 billion securities valued at more than S$1.4 billion are…
Business
How banks handle interest rate swings may soon be clearer to investors
Newly proposed rules by International Accounting Standards Board centre on new Risk Mitigation Accounting model The International…
Business
HSBC names Brendan Nelson chairman in surprise move
The bank says Nelson’s appointment follows a robust process assessing internal and external candidates HSBC Holdings’ interim chairman…
Business
Cordlife faces S$5.45 million civil claim from clients over damaged cord blood units
Cordlife Group is facing claims of at least S$5.45 million in damages from clients who stored 109 cord blood units (CBUs) with the…
Business
Philippines' slow growth raises chance of December rate cut, says central bank chief
Data last month showed annual growth slowed to a four-year low of 4.0% in the third quarter A slower growth outlook for the Philippines…
Business
Major Chinese banks cut high-yield deposit products to ease margin pressure
Some major Chinese commercial banks have removed five-year, large-scale certificates of deposit that carry a high yield from their…
Business
GXS cuts about 10% of workforce in rightsizing exercise
Digital bank GXS is cutting 82 jobs or about 10 per cent of its workforce across the group. This exercise is part of the group’s…
Business
Grab-Singtel’s GXS bank cuts about 10% of workforce as it moves on from early-stage operations
Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si Digital bank GXS is cutting…
Business
Chinese smart glasses firms eye overseas conquest
[HANGZHOU, China] In China, artificial intelligence (AI) glasses let the wearer pay in shops with just a glance at a QR code and a voice…
Business
MAS EQDP: Manulife Investment Management launches Singapore all-cap fund strategy
Manulife Investment Management said it will launch a fund strategy with an emphasis on Singapore small and mid caps, shortly after it was…
Business
Most Asian markets rise as traders await key US data
Money markets have put the chances of a Dec 10 cut at around 90%, with another three forecast by the end of next year Markets mostly rose…
Business
Malaysia palm oil reserves seen at six-year high as exports slump
Palm oil stockpiles in Malaysia surged to the highest in more than six years as exports dropped in November, according to a survey.…
Business
Gold flat as investors await US data for rate-cut signals
US rate futures are pricing in an 89% chance of a rate cut in December, according to the CME’s FedWatch tool Gold prices were little…
Business
Infinity Development sees muted Catalist debut; up 1.28% from all-placement offer price
Shares of adhesive manufacturer Infinity Development were up 1.28 per cent on Wednesday (Dec 3) – as the company debuted on the Catalist…
Business
Infinity Development sees muted Catalist debut; up 1.3% from all-placement offer price
Shares of adhesive manufacturer Infinity Development were up 1.3 per cent at Wednesday’s (Dec 3) open – as the company debuted on the…
Business
Infinity Development closes flat at S$0.39 on Catalist debut
Shares of adhesive manufacturer Infinity Development were up 1.3 per cent at Wednesday’s (Dec 3) open – as the company debuted on the…
Business
Adani Group plans US$15 billion India airports expansion by 2030
The Adani Group plans to invest US$15 billion to boost passenger capacity at its airports to 200 million annually in the next five years,…