Business
Vietnam Seeks Singapore's Partnership in Building Global Financial Hub
Prime Minister Pham Minh Chinh has urged Singapore to assist Vietnam's strategic sectors, such as innovation, the digital economy,…
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Business
Business
‘Thoroughbred over unicorns’: How SGAG parent Hepmil went from seed to sale
Advertising and public relations giant Publicis Groupe is acquiring the company for an undisclosed sum South-east Asia’s tech scene…
Business
Singapore stocks end lower ahead of Fed decision; STI down 0.2%
Singapore stocks ended lower on Wednesday (Oct 29), ahead of the US’ monetary policy decision at this month’s Federal Open Market…
Business
GuocoLand and IOI Properties should collaborate on a mega Reit listing
GuocoLand’s share price has rallied strongly in the year to date – up 47 per cent as at Wednesday (Oct 29). Investors seem unperturbed by…
Business
Nvidia shares soar as Trump fuels hopes of China Blackwell sales
The tech company’s shares extended gains to 8.5% in Asian trading on the alternative platform Blue Ocean NVIDIA’S shares extended their…
Business
Nvidia set to become first US$5 trillion firm as AI rally extends
Nvidia is on track to become the first US$5 trillion company as chief executive officer Jensen Huang’s spree of deals around the world…
Business
Nvidia storms past US$5 trillion valuation as AI boom powers meteoric rise
The milestone underscores the company’s transformation from a niche graphics-chip designer into the backbone of the global AI industry…
Business
SGX RegCo introduces more flexible listing rules, removes financial watch list
The regulator also seeks feedback on proposed mainboard rule changes to consolidate listing review functions Companies looking to make…
Business
HSBC brings startup-focused Innovation Banking to Singapore, allocates US$1.5 billion to finance high-growth companies
The lender will execute a go-to-market strategy that covers both entrepreneurs and venture capital firms HSBC on Wednesday (Oct 29)…
Business
UBS Q3 profit beats expectations as investment banking rebounds, legal costs ease
UBS Group profit beat expectations in the third quarter as investment banking revenue and lower-than-forecast legal costs boosted…
Business
Mercedes beats margin forecasts as premium sales offset job-cut charges
[BERLIN/FRANKFURT] German carmaker Mercedes-Benz on Wednesday (Oct 29) reported stronger than expected margins at its core autos business…
Business
Mapletree Logistics Trust’s China asset divestments could pick up as interest rates fall
MLT is targeting divestments of S$100 million to S$150 million across its portfolio in FY2026 Mapletree Logistics Trust (MLT) is seeing…
Business
China blows past record for Europe car sales on hybrid, EV gains
The Asian nation’s latest plug-in hybrids offer long electric-only ranges, rapid charging and generous standard equipment at prices below…
Business
Maybank upgrades OUE Reit to ‘buy’ amid lower cost of debt in Q3
Analysts are positive on OUE Real Estate Investment Trust (Reit) on the back of its declining cost of debt in Q3 – with Maybank Securities…
Business
The 10 top-performing ETFs on SGX in Q3; China funds dominate
Singapore Exchange’s (SGX) third quarter recorded robust results on the exchange-traded fund (ETF) market, according to a report released…
Business
Philippine peso poised for rebound as holiday remittances set to arrive
The currency has come under pressure following Bangko Sentral ng Pilipinas’ unexpected cut in the benchmark interest rate in early October…
Business
iX Biopharma raises gross proceeds of S$6.7 million from placement
The group intends to raise at least S$5 million from the exercise, with new shares issued at S$0.10 apiece Singapore-based speciality…
Business
Saudi AI chief vows to avoid Huawei tech in bid for US chips
The country is subject to American restrictions on AI chip exports, with shipments of advanced accelerators requiring a license from…
Business
EXCLUSIVE: Amika Breaks Into Ulta Beauty With New Retail Partnership
Hair care brand Amika has a new retail partner. The brand is expanding into all Ulta Beauty doors on Dec. 1, marking its second specialty…
Business
Asia: Stocks join Wall Street records as tech bull run quickens
ASIAN stock markets surged on Wednesday morning, matching record gains on Wall Street the previous day as investor confidence in AI tech…
Business
SGAG parent company Hepmil sold to French Publicis Groupe for undisclosed fee
Established in 2015, Hepmil has a network of over 3,000 creators with a total reach exceeding 1 billion in six South-east Asian markets…
Business
SGAG parent company Hepmil sold to French Publicis Groupe for undisclosed sum
Established in 2015, Hepmil has a network of over 3,000 creators with a total reach exceeding one billion in six South-east Asian markets…
Business
Amazon to invest another US$5 billion in South Korea data centres
The spending comes on top of more than US$4 billion of envisioned investment with partner SK Group announced in June Amazon.com is setting…
Business
Toyota says it did not explicitly promise Trump new US$10 billion investment in US
Japan’s Toyota Motor did not explicitly promise a new US$10 billion investment in the United States, a senior executive from the Japanese…