Business
Ringgit rises to 13-month high on fading rate-cut view, growth outlook
THE Malaysian ringgit gained to the strongest in more than a year on fading expectations for a central bank interest-rate cut and by…
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Business
Business
Stocks to watch: OCBC, Singtel, CLI, Genting Singapore, Yangzijiang Financial, FLCT, Far East Orchard
The following companies saw new developments that may affect trading of their securities on Friday (Nov 7): Source link
Business
Frasers Logistics & Commercial Trust H2 DPU drops 11.1% to S$0.0295
Revenue for the period rises 3.7% to S$239.2 million, from S$230.6 million previously The manager of Frasers Logistics & Commercial Trust…
Business
SIA Engineering: analysts upgrade the stock as growth, supply chain outlook improves
The analysts’ upbeat outlook comes on the back of the company’s Q2 results, in which net profit is up 13.5% at S$40.4 million Analysts are…
Business
Federal Reserve’s Hammack says inflation a bigger concern than labour market
FEDERAL Reserve Bank of Cleveland President Beth Hammack said monetary policy should continue putting downward pressure on inflation,…
Business
First Brands says it needs US$600 million or ‘it’s game over’
FIRST Brands Group lawyers said the company needs access to its roughly US$600 million of remaining bankruptcy financing to keep the…
Business
Goldman Sachs to promote highest number of executives to managing director since 2021
The promotions include 31 per cent Asian, 3 per cent Black and 4 per cent Hispanic or Latino staff Wall Street lender Goldman Sachs will…
Business
OCBC Q3 profit flat at S$1.98 billion; beats expectations
OCBC’s net profit was flat for its third quarter, supported by higher non-interest income and lower allowances, it said on Friday (Nov 6).…
Business
OpenAI boss calls on governments to build AI infrastructure
OPENAI CEO Sam Altman called on world governments on Thursday to invest in AI infrastructure, as questions grow about whether the…
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…
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…