Business
Beauty, Wellbeing Sales Fuel Third-quarter Growth at Unilever
LONDON – Beauty and wellbeing sales are steaming ahead at Unilever, and drove underlying group sales growth up 3.9 percent to 14.7 billion…
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Business
Renault Q3 revenue rises on car sales, finance arm
Renault’s third-quarter sales gained 6.8 per cent, helped by demand for new models such as the Dacia Bigster as well as higher revenue at…
Business
Volvo car profit unexpectedly rises on cost-cutting success
Volvo Car reported better-than-expected profit in the third quarter as the automaker benefited from the effects of its 18 billion-kronor…
Business
South Korea keeps rates on hold but surprises with nod to further cuts
SOUTHKOREA-ECONOMY/RATES (UPDATE 3, PIX):UPDATE 3-South Korea keeps rates on hold but surprises with nod to further cuts South Korea’s…
Business
Former Citi, Julius Baer bankers to plead guilty in S$3 billion money laundering scandal
TWO former bankers at Citigroup and Julius Baer Group are set to plead guilty for their alleged roles in aiding the movement of illicit…
Business
Former Citi banker gets longest sentence in S$3 billion money laundering scandal
Former Julius Baer Group Ltd. banker Liu Kai is scheduled to plead guilty on Friday A former wealth banker at Citigroup Inc. got the…
Business
Former Citi banker Wang Qiming gets longest sentence in S$3 billion money laundering scandal
A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the…
Business
Indonesian sovereign wealth fund Danantara hires 2 executives from Singapore’s GIC
Indonesian sovereign wealth fund Danantara has hired two former GIC investment professionals to lead its global private market coverage,…
Business
Nomura CEO seeks to tap more private market bets from Japanese
Nomura Holdings’ chief executive officer sees more scope to get business from Japanese investors who are looking to private markets as a…
Business
Hyflux ex-company secretary testifies 2 lawyers involved in preference shares document
Officers from banks that had earlier considered providing project financing for the Tuaspring project have been lined up to take the stand…
Business
How Jenny Lee became Asia’s ‘Iron Woman’ of venture capital
In the past three decades, Singaporean venture capitalist Jenny Lee has proven her mettle with her trailblazing spirit “EVEN if you left…
Business
China and US ‘just flexing muscles’ over critical metals, BHP chair says
The US and China are battling to project power as they compete to secure critical minerals supply, the new chair of BHP said on Thursday,…
Business
Gold’s dip a mere blip in glittering rally hinting at global monetary shift
IT HAS been a banner year for gold bugs. Despite a 5 per cent correction on Oct 21, the yellow metal has been the best-performing asset…
Business
CapitaLand Malaysia Trust Q3 DPU up 3.7% at 1.11 sen on higher contributions across portfolio
CapitaLand Malaysia Trust (CLMT) on Wednesday (Oct 22) posted a distribution per unit (DPU) of 1.11 sen for its third quarter ended Sep…
Business
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on…
Business
Wee Hur unit enters JV to build Wycombe Abbey international school in Singapore
It also plans to consolidate its purpose-built student accommodation assets under a new fund Wee Hur announced on Wednesday (Oct 22) that…
Business
Wee Hur unit in JV to build Wycombe Abbey international school in Singapore
It also plans to consolidate its purpose-built student accommodation assets under a new fund Wee Hur announced on Wednesday (Oct 22) that…
Business
Chinese firms speed up US dollar selling amid optimism towards yuan
The PBOC set the yuan’s daily reference rate at its strongest in about a year this month Chinese banks helped clients offload overseas…
Business
Chinese firms speed up US dollar selling amid optimism towards renminbi
The clients include exporters, importers and some investors in overseas financial assets Chinese banks helped clients offload overseas…
Business
China’s margin curbs threaten rally in stock market favourites
A rule aimed at curbing exposure to overvalued stocks is posing another challenge to China’s market, just as renewed Sino-American trade…
Business
Stocks to watch: Mapletree Pan Asia Commercial Trust, FCT, Digital Core Reit, Sabana Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Oct 23): Mapletree Pan Asia…
Business
Stocks to watch: Mapletree Pan Asia Commercial Trust, FCT, Wee Hur, Digital Core Reit, Sabana Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Oct 23): Mapletree Pan Asia…
Business
Tea chain Chagee is sticking to high prices despite sales plunge
The Shanghai-based freshly-brewed tea chain has more than 200 international stores out of its network of 7,000 stores Tea maker Chagee…
Business
Frasers Centrepoint Trust’s H2 DPU rises 0.6% to S$0.06059
Distribution per unit (DPU) for Frasers Centrepoint Trust (FCT) for its second half ended September 2025 came in at S$0.06059, up 0.6 per…