Business
Thai central bank unexpectedly holds key rate at 1.50%
Thailand’s central bank left its key interest rate steady on Wednesday (Oct 8), counter to market expectations for a cut as the economy…
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Business
Business
Thai central bank unexpectedly holds rates; trims growth forecast
The forecast for headline inflation this year is cut to zero, from 0.5 per cent previously Thailand’s central bank left its key interest…
Business
Temasek-backed Foundation Healthcare mulls US$300 million Singapore IPO: sources
Foundation Healthcare, backed by Temasek Holdings, is considering an initial public offering (IPO) that could value the medical group at…
Business
Charlie Kirk Was Furious About 'Bullying' Jewish Donors and Was Planning to 'Leave the Pro-Israel Cause' Before His Death, Leaked Messages Show
Charlie Kirk had furiously spoken out against what he called "bullying" from Jewish donors and said he was "considering leaving the…
Business
Australia’s central bank swings to A$11 billion profit, again skips paying dividend to government
Australia’s central bank swung to an accounting profit last financial year on lower bond yields and a depreciating currency, though it…
Business
SoftBank to buy ABB’s robotics arm in US$5.4 billion deal
SoftBank Group has agreed to acquire ABB’s industrial robots unit at an enterprise value of almost US$5.4 billion, reflecting the Japanese…
Business
SoftBank to buy ABB’s robotics business in US$5.4 billion deal
SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion…
Business
Crypto race to tokenise stocks raises investor protection flags
The industry is divided over which regulations apply to stock tokens, and investor rights and protections vary A race by crypto companies…
Business
From banking to the FIA: what Citi’s new Singapore head Lee Lung-Nien brings to the F1 governing body
Lee Lung-Nien has helped turn around a financially dire FIA, to the tune of a net 28.7 million euro swing Lee Lung-Nien – the first…
Business
From banking to the FIA: What Citi’s new Singapore head brings to the F1 governing body
Lee Lung-Nien has helped turn around a financially dire FIA, to the tune of a net 28.7 million euro swing Lee Lung-Nien – the first…
Business
Gold is booming. From mega vaults to discreet transport, who are the key players in Singapore?
Gold surged into uncharted territory on Wednesday (Oct 8), opening above US$4,000 an ounce for the first time, in a year that has seen it…
Business
BMW cuts annual guidance on weak China sales, tariff costs
The slack demand for luxury EVs is hitting automakers already dealing with muted growth in Europe and duties in the US BMW lowered its…
Business
SkillsFuture training to be banned from using third-party marketing from Dec 1
However, marketing and promotion are allowed under collaborations with designated intermediaries Training providers registered under…
Business
SkillsFuture trainers to be banned from using third-party marketing from Dec 1
However, marketing and promotion are allowed under collaborations with designated intermediaries Training providers registered under…
Business
FairPrice Group to be first to use autonomous vehicles in public for supply chain operations
The group says it will now be able to automate “important but routine tasks” such as the transportation of goods FairPrice Group (FPG) on…
Business
Data centre boom brings risks of overbuilding, Ares’ says
Alternative asset management giants have poured into data centre projects as a way to cash in on booming demand for processing power…
Business
RBNZ surprises with larger rate cut, sparking currency drop
Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle New Zealand’s central bank cut…
Business
Aspial Corp, Koh family-linked entity move privatise AF Global for S$31.8 million consideration
A consortium comprising Aspial Corp and an entity linked to the Koh family behind it has launched a bid to privatise mainboard-listed AF…
Business
Aspial Corp, Koh family-linked entity move to privatise AF Global for S$31.8 million
A consortium comprising jewellery retailer Aspial Corp and an entity linked to the Koh family behind it has launched a bid to privatise…
Business
Aspial Corp, Koh family-linked entity move to privatise AF Global for S$31.8 million as it sells stake in Knight Frank Singapore
The offeror, AFG Investment, is looking to acquire a 27.35% stake in the mainboard-listed group for S$0.11 per share A consortium…
Business
Tesla debuts ‘affordable’ Model Y and 3 that strike some as too expensive
Musk has been pivoting the company towards artificial intelligence, focusing on robotaxis and humanoid robots, but the new cars are key to…
Business
Gold prices hit record high, nears US$4,000 per ounce mark on safe-haven demand
Gold prices climbed to an all-time high on Wednesday (Oct 8), nearing the crucial US$4,000-per-ounce level, bolstered by economic and…
Business
Gold vaults over US$4,000 on rush to safety and Fed easing bets
Gold smashed through US$4,000 an ounce to hit a record high on Wednesday (Oct 8), driven by investors seeking safety from mounting…
Business
Gold builds on historic rally, soars past US$4,000 an ounce for first time
Gold pushed through US$4,000 an ounce to hit a record on Wednesday (Oct 8), driven by investors seeking safety from mounting economic and…