Business
Sunil Agarwal – Engineering Trust in the Digital Age
In today's world, where every purchase, payment, and connection depends on invisible systems, reliability has become the silent currency…
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Business
Abbott posts higher quarterly revenue on strong medical device demand
Abbott reported higher quarterly revenue on Wednesday (Oct 15), driven by strong demand for its medical devices including continuous…
Business
Bank of America beats profit estimates on dealmaking strength
It reported a net income of US$8.5 billion, or US$1.06 per share, in the three months ended Sep 30 Bank of America beat Wall Street…
Business
Industrial property developer Soon Hock IPO 9.8 times oversubscribed
Industrial property developer Soon Hock on Wednesday (Oct 15) said that its 21.6 million units on offer were 9.8 times subscribed. Its…
Business
Industrial property developer Soon Hock IPO 9.8 times subscribed
Industrial property developer Soon Hock on Wednesday (Oct 15) said that its 21.6 million shares on offer were 9.8 times subscribed. Its…
Business
Morgan Stanley’s profit beats estimates on boost from dealmaking, stock trading
Morgan Stanley’s third-quarter profit beat market expectations as investment bankers brought in more fees from advising on deals and by…
Business
BlackRock, Nvidia-backed group strikes US$40 billion data centre deal to fuel AI boom
The acquisition follows a slew of mega-deals focused on securing coveted compute capacity An investment consortium that includes…
Business
BlackRock, Nvidia-backed group including Temasek strikes US$40 billion data centre deal to fuel AI boom
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models An investor group, including…
Business
Temasek, Nvidia, Blackrock part of group striking US$40 billion data centre deal to fuel AI boom
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models An investor group including…
Business
Garuda Indonesia appoints new CEO Glenny Kairupan
The airline also appoints Balagopal Kunduvara, a former executive of Singapore Airlines, as new CIO State airline Garuda Indonesia on…
Business
Apple’s shipments in China boosted by iPhone 17 series
Apple’s shipments in China grew 0.6 per cent from the year before to 10.8 million units in the third quarter. This is amid sluggish demand…
Business
Aztech Global Q3 profit falls 21.2% to S$10.8 million on lower demand
Aztech Global’s net profit fell 21.2 per cent to S$10.8 million for the third quarter ended Sep 30, from S$13.7 million in the previous…
Business
Vietnam Moves to Revise Insurance Law Amid Slowing Market Growth
In an attempt to modernize the insurance industry, Vietnam's Ministry of Finance (MoF) is putting forward revisions to the Law on…
Business
Singapore shares edge higher as bank stocks lift STI 0.3%
Shares on the Singapore bourse edged up on Wednesday (Oct 15), as the three local banks all finished the trading day higher. The benchmark…
Business
Vietnam, Pakistan Explore Preferential Trade Agreement to Boost Bilateral Ties
In a move toward closer and more long-term economic cooperation, Vietnam and Pakistan have formally begun negotiations on a bilateral…
Business
ASML orders beat expectations as AI arms race boosts demand
ASML Holding posted stronger-than-expected orders in the third quarter and said sales next year would be at least on par with 2025, as…
Business
Temasek-backed US fintech firm iCapital to expand Singapore, Hong Kong operations
It also plans to open its first office in Australia to ride the wave of rising demand for alternative assets iCapital, a Temasek-backed…
Business
Market sees higher ship refinancing amid conflicts between US and China
Likely beneficiaries of the spat are shipowners that are neither Chinese nor American, such as Singapore-based players With the US levying…
Business
Germany greenlights €2,000 tax-free earnings for pensioners
Germany will introduce an “active pension” from 1 January 2026 that lets people who choose to work past the statutory retirement age earn…
Business
Foxconn sees limited impact from China rare earths curbs for now
The company has been riding the wave of the AI boom and reported earlier this month record third-quarter revenue Taiwan’s Foxconn, the…
Business
Coinbase backs India’s CoinDCX at US$2.45 billion valuation
Global crypto playersare attempting to expand in India despite a punitive tax regime that has curtailed trading volumes Coinbase Global…
Business
Asia: Markets rally as Fed cut hopes Trump trade war fears
STOCKS jumped on Wednesday as trade war fears were overshadowed by comments from Federal Reserve boss Jerome Powell that suggested the…
Business
Indian central bank is said to resume FX swaps to aid liquidity
The move highlights the RBI’s effort to balance growth with currency stability as India faces the highest US tariffs in Asia India’s…
Business
Trust Bank to launch US equities trading function within its mobile app
Digital lender Trust Bank will launch a trading platform for US stocks and exchange-traded funds, with a wait-list opening on Wednesday…