Business
Amazon Plans Massive Layoffs After Nine Months of President Trump
“Republicans’ reckless decisions are causing prices on everything to go up, from groceries to gas—Wisconsinites cannot afford to pay even…
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Business
Business
Qualcomm to take on Nvidia with its own AI chips
Qualcomm on Monday announced the release of a new series of artificial intelligence chips to compete with the market leader Nvidia, as the…
Business
Grindr receives buyout offer to take dating app private
Grindr, the publicly-traded company behind the popular dating and social networking app for LGBTQ people, is closer to becoming private.…
Business
Cordlife submits information to MOH by extended deadline it was given
Embattled cord blood bank Cordlife announced on Monday (Oct 27) that it had submitted on the same day the necessary written…
Business
First Reit extends lease for Siloam Hospitals Lippo Cikarang for ‘revenue stability’
Manager believes it is prudent to continue to have in place a short-term lease in line with market terms while its strategic review…
Business
China securities regulator unveils plan to ease foreign investor access
Qualified foreign investors will also be allowed to use exchange-traded fund options The China Securities Regulatory Commission (CSRC)…
Business
US: Wall Street opens at record highs on US-China trade hopes
WALL Street’s main indexes opened at record highs on Monday (Oct 27), as expectations of a US-China trade truce fuelled risk-taking in a…
Business
China's central bank to resume bond trading on open market
China’s 10-year government bond yield fell sharply by 2 basis points following comments by PBOC governor China’s central bank will resume…
Business
Deutsche Bank’s DWS joins rivals in setting up Abu Dhabi office
It aims to be the preferred asset manager for institutional investors ploughing money into Europe, including Germany Deutsche Bank’s…
Business
Buybacks take backseat as AI drives record US capex spending
INVESTORS are increasingly favouring US companies that channel capital towards AI innovation over those offering traditional shareholder…
Business
As Fed prepares to cut rates this week, all eyes are on outcome of Trump-Xi meeting in Seoul
The prospect of a trade deal between Washington and Beijing has raised hopes of prices of goods coming down ahead of the holiday season…
Business
'EXO is 9' Trends Online; SM Entertainment Receives Backlash After EXO Announces Fan Meeting
EXO is 9 trends online as EXO-Ls criticize SM Entertainment after announcing the upcoming year-end fan meeting of EXO titled EXO'verse…
Business
Singapore stocks track regional gains on Monday; STI up 0.4%
Local stocks ended higher on Monday (Oct 27), tracking gains in the region. The benchmark Straits Times Index rose 0.4 per cent or 18.09…
Business
iX Biopharma shares jump 35% on potential US, Australia listing plans
Shares of Singapore-based speciality pharmaceutical and nutraceutical company iX Biopharma jumped 35.1 per cent to S$0.127 on Monday (Oct…
Business
Amazon to invest US$1.6 billion in Dutch operation
Amazon plans to invest US$1.63 billion in the Netherlands over the next three years, the company said on Monday (Oct 27). The investment…
Business
Les Deux Expands in Europe and U.S. With Paris Flagship and New York Distribution Hub
PARIS — Les Deux, the Danish menswear brand with the French name, has planted its flag in the Marais. It’s the brand’s first flagship…
Business
Jurong Island’s ‘balancing act’: Going green while sustaining jobs and growth
The petrochemical hub’s transition comes amid the oil down-cycle and a looming carbon tax hike As Singapore’s Jurong Island embarks on a…
Business
Banks not told of power plant when it gave in-principle loan commitment to Tuaspring project: witness
Consortium sends18 questions to company upon finding out about the higher-risk power plant The consortium of banks which considered…
Business
Banks not told of power plant when they gave in-principle loan commitment to Tuaspring project: witness
Consortium sends18 questions to company upon finding out about the higher-risk power plant The consortium of banks which considered…
Business
Banks not told of power plant when they gave in-principle loan commitment to Hyflux’s Tuaspring project: witness
Consortium sends18 questions to company upon finding out about the higher-risk power plant The consortium of banks which considered…
Business
Eurozone to get hard data on tariff damage as ECB sets rates
Europe’s largest economy is under the spotlight as Chancellor Friedrich Merz tries to engineer a recovery from two years of contraction…
Business
Luxury brands turn on the charm in China to kindle nascent spending recovery
As Chinese shoppers dip toes back in the luxury pool, brands are targeting economically resilient high-earners with distinctive,…
Business
Dasmond Koh’s NoonTalk Media defends strategy amid going concern warning
Auditors flagged a ‘material uncertainty related to going concern’ earlier this month, after the group incurred a net loss of S$1.8…
Business
Toyota’s September output grows for fourth stright month, aided by strong US demand
Toyota Motor on Monday said its worldwide production increased by more than 10 per cent in September and rose for a fourth straight month,…