Business
First Resources sells Indonesia units, exits oil palm plantation business in West Papua
The units are former subsidiaries of an Indonesia-listed company under First Resources Palm oil producer First Resources has disposed of…
Section
Business
Business
Hong Kong funding cost seen sliding on Fed cuts, slow lending
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 The cost of overnight…
Business
Stocks to watch: UOL, Singapore Land Group, First Resources
The following companies saw new developments that may affect trading of their securities on Friday (Oct 3): UOL, Singapore Land Group: The…
Business
Sumitomo Life said to take step to avoid marking bond losses
The Osaka-based insurer is taking advantage of guidelines for bond investors when prices move sharply Sumitomo Life Insurance is taking an…
Business
Applied Materials warns of sales hit from latest curbs on China
The long-awaited rule seeks to prevent sanctioned companies from using affiliates to access restricted US goods Applied Materials, the…
Business
Alphabet plans sale, spinoff of Verily unit, executive says
The Justice Department has asked the judge to force the company to sell its advertising exchange Alphabet has been working for the past…
Business
MUFG is hiring more bankers in Japan wealth management push
Backing the shift to this strategy is the government’s multi-year drive to get households to invest more Japan’s largest bank is…
Business
Boeing 777X to slide into 2027, driving billions in charges
The jet, already six years late, is of major strategic and financial importance to the company in its duel with Airbus for a bigger slice…
Business
Designing the revenue engine of tomorrow’s business
The businesses poised to thrive are those that view transformation with a forward-looking mindset SINGAPORE’S businesses stand at the…
Business
US: Wall Street closes with records as tech support offsets labour, shutdown uncertainties
The lacklustre jobs data so far has led traders to bet widely that the US Federal Reserve will cut interest rates two more times this…
Business
Europe: Stocks close at record high on tech rally, hopes for Fed rate cut
Investors are also watching any developments related to the US government shutdown European shares closed at a record high for a second…
Business
Why are buyers returning to Tesla?
Tesla electric vehicle sales jumped last quarter, as buyers rushed to take advantage of an expiring federal tax credit. The company’s EV…
Business
Credible, But Losing Momentum? How ShareYourStory.com Is Helping Leaders Turn Story Into Influence
How ShareYourStory.com is helping leaders turn their lived experience into lasting influence. The Overlooked Problem in Leadership and…
Business
Tesla sales surge to record on rush to snag US tax credit
The deliveries tally offers a preview of the earnings results the company will report Oct 22 Tesla reported a surprise increase in…
Business
US: S&P 500, Nasdaq hit intraday record highs as rate-cut hopes Trump shutdown jitters
The S&P 500 and the Nasdaq hit intraday record highs at market open on Thursday (Oct 2), on the back of renewed expectations for interest…
Business
UOL, SingLand and CapitaLand complete S$810 million Thomson View en bloc deal
The residents stand to receive between S$2.2 million and S$4.9 million each, depending on the size of their unit The S$810 million sale of…
Business
Asia’s carbon market struggles with fragmentation, lack of integrity: panel
Varied capabilities of participating companies, diversity of region said to make standardisation challenging Efforts to standardise the…
Business
Warren Buffett’s Berkshire Hathaway to buy Occidental’s chemical unit for US$9.7 billion
OxyChem is set to be Berkshire’s largest acquisition since it took over the insurer Alleghany in 2022 Warren Buffett’s Berkshire Hathaway…
Business
Musk becomes first person to hit US$500 billion net worth, Forbes list shows
Elon Musk on Wednesday (Oct 1) became the first person to surpass US$500 billion in net worth, powered by a rebound in Tesla’s share price…
Business
SIT and Nvidia to jointly train 200 AI specialists over three years
The collaboration aims to bridge the talent gap between artificial intelligence research and enterprise application A new training…
Business
Microsoft bets US$33 billion on neoclouds like Nebius to ease AI crunch: sources
Microsoft’s deal with neocloud company Nebius Group will provide computing power to internal teams creating large language models and a…
Business
Ziplines, DJs and Trump: Singapore’s crypto conference has attendees roaring
From making predictions about a multi-trillion stablecoin market to praising US President Donald Trump for his support of the crypto…
Business
The stars are aligning for Lendlease Reit to transform into a pure-play retail landlord
The potential sale of the trust’s Sky Complex office property and acquisition of PLQ Mall should excite unitholders Lendlease Global…
Business
Asia’s public markets must maintain performance and growth to drive inflows, GIC, Danantara executives say
Improving corporate governance help markets perform and allow for exits, so private equity performance can follow Strong public markets in…