Business
Gold zooms past US$4,000 for first time in historic flight to safety
Gold raced past US$4,000 an ounce for the first time on Wednesday (Oct 8) as investors piled into a historic rally in the safe haven to…
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Business
Business
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million, in its first retail pure play
The purchase of its first pure-play retail asset marks its expansion into the retail sector Keppel Real Estate Investment Trust (Reit) has…
Business
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first retail pure play purchase
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered…
Business
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first pure-play retail purchase
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered…
Business
Nvidia to invest in Musk’s xAI as part of US$20 billion funding
Data centre capacity is seen as a necessity for developing top AI models, though some have debated how much computing power can improve…
Business
Stocks to watch: DBS, Keppel Reit, NetLink NBN Trust, StarHub, Info-Tech
The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 8): DBS Bank: The bank’s shares…
Business
Ikea buys US logistics tech firm Locus in online growth push
[LONDON/STOCKHOLM] Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday (Oct 7), a deal the Swedish…
Business
October Prime Day Sees Footwear Deals Up to 70% Off on Nike, New Balance, Cole Haan, Ugg and More
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission.…
Business
Intel to reveal tech details on forthcoming PC chip: sources
The Panther Lake chips are the company’s high-end mobile processors that are typically included in more expensive laptops Intel plans to…
Business
Dell raises growth targets for next four years on strong AI server demand
The company continues to expect revenue growth of 2 to 3 per cent for its client solutions group, which includes personal computers Dell…
Business
Oil settles flat amid Opec+ output hike, supply glut fears
Oil prices steadied on Tuesday (Oct 7) as investors weighed a smaller-than-expected increase to the Organization of the Petroleum…
Business
US: Wall Street retreats from record closing highs as economic worries mount
US stocks closed lower on Tuesday (Oct 7) as investors, deprived of economic data resulting from the shuttered government, looked to…
Business
Europe: Luxury rebound in France cushions European stock losses amid turmoil
European stocks slipped on Tuesday (Oct 7), dragged down by healthcare and bank shares, while a luxury-led rebound in France kept regional…
Business
Info-Tech Systems’ CFO to resign, shortly after SGX mainboard listing
Gan Lai Thong’s last day in the role will be Dec 31, 2025; no replacement announced yet The chief financial officer (CFO) of software…
Business
StarHub prices S$200 million perpetual securities at 3.35%
Net proceeds from the issue will be used to finance the group’s general corporate funding requirements and investments StarHub has priced…
Business
US: Wall Street opens higher as Fed cues awaited
WALL Street’s main indexes opened higher on Tuesday (Oct 7), a day after the S&P 500 and the Nasdaq hit record closing highs, with focus…
Business
Yen, euro extend slide against US dollar as politics calls the shots
Political developments drove currency markets again on Tuesday (Oct 7) with the yen falling to a two-month low after Sanae Takaichi’s…
Business
Vietnam Expected to Record Over $900 Billion in Trade Turnover by 2025
Vietnam's trade turnover is already exceeding expectations, and it is expected to reach a historic milestone of over $900 billion in 2025.…
Business
NYSE parent nears deal for US$2 billion stake in crypto-based betting startup Polymarket: sources
INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall Street…
Business
Duty Free International returns to the black with RM2.6 million Q2 net profit
Revenue for the quarter is up 14.5% at RM42.6 million amid stronger customer demand Malaysian retail group Duty Free International…
Business
Stablecoins could suck US$1 trillion from emerging-market banks in next three years: Standard Chartered
The boom in US dollar-backed stablecoins, helped by President Donald Trump’s crypto policies, could suck US$1 trillion worth of deposits…
Business
NetLink opens S$110 million Seletar Central Office to serve northern Singapore
The facility will benefit upcoming developments including the North-South Corridor and 40,000 new homes Internet service provider NetLink…
Business
Singapore shares continue to rally; STI up 1.1%
Singapore shares closed higher on Tuesday (Oct 7), buoyed by local bank DBS’ continued rally. The benchmark Straits Times Index (STI) rose…
Business
Indonesia mulls moving 10 trillion rupiah to regional banks to boost growth
Indonesia is considering moving up to 10 trillion rupiah (S$780 million) per lender to regional banks, its finance minister said on…