Business
World leaders launch fund to save forests, get first $5 bn
World leaders attending a climate summit in Brazil launched a fund Thursday to save the world's forests, quickly raking in over $5 billion…
Section
Business
Business
Tesla shareholders approve US$878 billion pay plan for Elon Musk
Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as US$878 billion over the…
Business
US: Wall Street ends lower on tech valuations, economic jitters
US stocks closed in negative territory on Thursday, with a resumption of Tuesday’s tech selloff as investors contended with mounting…
Business
Bal Harbour Shops, a Beacon of Luxury and High-touch Service, Celebrates 60 Years
For five hours Wednesday night at Bal Harbour Shops in north Miami, the Champagne was flowing, the crowd was dancing and mood was…
Business
Europe: Stocks fall as tech nerves sap sentiment; earnings, economic data in focus
EUROPEAN stocks fell on Thursday, dragged by technology stocks that came under fresh selling pressure while investors assessed mixed…
Business
Ulta Beauty Makes Middle East Debut With Kuwait Store, Plans Expansion in Dubai and Saudi Arabia
Ulta Beauty has landed in the Middle East. After debuting internationally in Mexico earlier this year, the Bolingbrook, Ill.-based beauty…
Business
Oil falls as investors weigh potential supply glut, weak demand
Oil prices declined on Thursday as investors considered a potential supply glut, as well as weakened demand in the United States, the…
Business
Singapore’s big board refresh... and what lies beyond
The nine-year rule has been a necessary jolt, forcing boards to re- examine composition, succession and independence IN THE wake of…
Business
Marketing Insights From Someone Who's Seen It All
After twelve years in the marketing trenches working with over 6,000 companies, I’ve developed a unique perspective on what actually works…
Business
Fu Yu receives letters of demand from fired CEO seeking S$2 million over salary and alleged defamation
The sum claimed by David Seow includes over S$1.8 million in salary and S$200,000 in damages Fu Yu has received two letters of demand from…
Business
Germany fines JPMorgan €45 million for anti-money-laundering failings
Germany’s financial watchdog BaFin has fined JPMorgan €45 million after finding shortcomings in the US bank’s money laundering prevention…
Business
US: Wall Street opens lower as investors assess corporate earnings, mixed economic data
Wall Street’s main indexes opened lower on Thursday (Nov 6), as investors digested a slate of corporate earnings, while concerns around US…
Business
Thakral’s profit triples to S$19.5 million on divestment of Osaka property
Investment and lifestyle group Thakral Corporation’s net profit more than tripled to S$19.5 million for the third quarter ended Sep 30, up…
Business
Seoul Fintech Companies to Showcase at Singapore FinTech Festival (SFF 2025) and Host On-site IR Demo Day
Seoul Fintech Lab (Director: Baek Kwang-woo) and the Second Seoul Fintech Lab (Director: Chae Sung-min) announced that they will support…
Business
DECTA Goes Global: Fintech Fast Track Program Launch in Asia at Singapore FinTech Festival 2025
Singapore Global payments leader DECTA plans to make the Asia-Pacific region its next frontier following the official launch of its highly…
Business
Singtel offers US1.2 billion stake in Bharti Airtel, terms show
A Singapore Telecommunications unit offered to sell shares in Indian mobile carrier Bharti Airtel in a deal that may fetch US$1.2 billion,…
Business
Yangzijiang Financial not proceeding with one billion yuan investment in Chinese lithium battery producer
Subsidiary Jiangsu New Yangzi Commerce & Trading and two strategic investors fail to secure an approval from Ningbo Shanshan’s creditors…
Business
Yangzijiang Financial aborts one billion yuan investment in Chinese lithium battery producer
Subsidiary Jiangsu New Yangzi Commerce & Trading and two strategic investors fail to secure approval from Ningbo Shanshan’s creditors…
Business
India in talks to create bigger banks, including via mergers, finance minister says
India has 12 state-owned banks, which together hold assets totalling 171 trillion rupees (S$2.51 trillion) as of March India needs more…
Business
Bank of Canada plans 10% job cuts as PM Carney moves to trim expenses
The central bank is committed to achieving a 15% total budget reduction over the 2026 to 2028 period The Bank of Canada is planning to…
Business
Far East Orchard’s 9M profit more than doubles to S$37.6 million
Hospitality and student housing player Far East Orchard’s net profit more than doubled to S$37.6 million for the nine months ended Sep 30,…
Business
Bank of England keeps rates on hold in knife-edge vote that hints at cut soon
The Bank of England kept borrowing costs on hold on Thursday (Nov 6) but a narrow vote and signs that governor Andrew Bailey might soon…
Business
SGX to launch ‘next-gen’ trading engine in second half of 2027
SGX Regulation is seeking public feedback on rule amendments and new functions of the engine from Thursday to Dec 31 With investor…
Business
Genting Singapore Q3 net profit rises 19% to S$94.6 million amid higher VIP volume, win rate
Genting Singapore posted a 19 per cent year-on-year increase in net profit to S$94.6 million for the third quarter ended Sep 30, with…