Business
Wilmar closes 1.4% down on corruption verdict; RHB downgrades stock to ‘sell’
The company’s earnings will be dented by the forfeiture of a security deposit seized by the authorities in relation to the case Shares of…
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Business
Business
Income funds with higher yields as lower rates weigh on investors: Morningstar
Investors seeking steady income streams are reassessing their options as yields on Singapore Treasury bills (T-bills) plummet this year,…
Business
F&N Malaysia unit to sell 50% stake in property development JV for about RM180 million
The sale of its interest in the joint venture with Frasers Property is expected to result in a one-off gain of about RM83.2 million Fraser…
Business
Foxconn workers faced tough conditions in rush to make iPhone 17: labour group
CHINESE factory workers suffered difficult conditions while racing to get Apple Inc.’s new iPhone 17 lineup ready, according to a report…
Business
Why Dubai's Entrepreneurs Must Rethink the Founder's Exit
Dubai, UAE – September 2025 – The UAE has quickly risen as one of the world's most dynamic hubs for entrepreneurship. With visionary…
Business
Dallas Fed President says central bank should consider replacing its benchmark rate
LORIE Logan, president of the Federal Reserve Bank of Dallas, has proposed replacing the central bank’s benchmark federal funds rate - the…
Business
Stocks to watch: SingPost, CapitaLand Integrated Commercial Trust, Wilmar, Sheng Siong
The following companies saw new developments that may affect trading of their securities on Friday (Sep 26): Singapore Post (SingPost):…
Business
Amazon’s AWS CEO chides staff for slow product rollouts
Amazon Web Services’ top executive admonished staff on Thursday for what he called slow product rollouts by the cloud computing provider…
Business
Meta in talks to use Google’s Gemini to improve ad business, The Information reports
META staffers have had discussions with Alphabet’s Google Cloud about the possibility of using its Gemini models to improve the Facebook…
Business
Oil holds steady at multi-week high as Russia limits fuel exports, US GDP revised up
Oil prices steadied on Thursday after hitting a seven-week high in the previous session as Russia moved to restrict fuel exports until the…
Business
US: Wall Street indexes fall as data raises uncertainty for rate-cut outlook
US stocks were lower on Thursday, with most sectors down, as economic data increased uncertainty about the outlook for interest rate cuts.…
Business
Europe: Shares touch three-week low as med-tech hit by US import probes
EUROPEAN stocks were dragged down by med-tech shares on Thursday after the US launched fresh import probes, while investors sifted through…
Business
Spotify says it removed millions of 'spammy' AI-generated music tracks
Spotify has removed more than 75 million AI-generated “spammy” music tracks from its platform over the past 12 months, the company said…
Business
Amazon to pay $2.5 billion to settle allegations it duped people into subscribing to Prime
Amazon has agreed to pay $2.5 billion to settle accusations that the e-commerce giant tricked millions of customers into subscribing to…
Business
Billionaire Xiaomi founder Lei Jun debuts a US$630 answer to iPhone 17
Lei challenges Apple directly, shifting Xiaomi’s branding and timing to rival the US company’s best Xiaomi’s billionaire co-founder…
Business
Who is the CEO of the Security Platform Drata?
There are so many businesses out there. Each one has a role to play in the business industry. One such niche is security. This is a vital…
Business
US: Wall Street opens lower as investors reassess rate-cut hopes
Wall Street’s main indexes opened lower on Thursday (Sep 25), as fresh economic data and remarks from a Federal Reserve official tempered…
Business
Bosch to cut 13,000 jobs to bring down costs in tough autos market
Germany’s Robert Bosch will cut 13,000 jobs as the world’s top autos supplier battles a sluggish market, high costs and pressure from…
Business
Influencers say the ‘not financial advice’ disclaimer is insufficient, as MAS issues warnings to five content creators
But they say MAS guidelines will make them more careful about the clients they choose to work with Getting your financial education from…
Business
Influencers agree the ‘not financial advice’ disclaimer is insufficient, as MAS issues warnings to five content creators
But they say MAS guidelines will make them more careful about the clients they choose to work with Getting your financial education from…
Business
China opens digital yuan hub in Shanghai to boost global use
The hub will support digital finance trade, investment, innovation, and strengthen the country’s overseas financial links China’s central…
Business
Starbucks to close stores, cut 900 jobs in US$1 billion restructuring
The company says its overall store count will drop by 1% during the 2025 fiscal year Starbucks said it will close stores and eliminate 900…
Business
European banks to launch euro stablecoin in bid to counter US dominance
The new Amsterdam-based company is expected to launch its stablecoin in the second half of next year A consortium of nine European banks,…
Business
SingPost appoints Mark Chong as group chief executive officer
Currently group chief corporate officer at Singtel, Chong will begin his new role in November Singapore Post (SingPost) has appointed Mark…