Business
Oil prices surge 3% to 7-week high as surprise US stockpile draw adds to supply worries
Oil prices climbed about 3 per cent to a seven-week high on Wednesday as a surprise drop in US weekly crude inventories added to a sense…
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Business
Business
Europe: Stocks slip; commodity, defence rallies offset by luxury losses
EUROPEAN stocks slipped on Wednesday as commodity and defence rallies faced resistance from heavyweight healthcare and luxury names, with…
Business
US: Stocks fall again amid angst over lofty valuations
WALL Street stocks fell for the second straight session on Wednesday as analysts pointed to worries about elevated equity valuations and…
Business
Celeste Rivas: Teen Girl Found Dead in Tesla of Singer D4vd Fled Home Several Times with Fake IDs Before Finally Ending Up Dead
The 15-year-old girl found dead in the trunk of singer D4vd's Tesla had a history of repeatedly running away from home due to a troubled…
Business
Fraser and Neave appoints Rahul Colaco as chief executive officer
Beverage manufacturer Fraser and Neave (F&N) has appointed Rahul Colaco as its new chief executive officer, effective Oct 1. He succeeds…
Business
Centurion Accommodation Reit’s offer of 262.1 million units oversubscribed by 16.6 times
The manager of Centurion Accommodation Real Estate Investment Trust (Reit) on Wednesday (Sep 24) said that the 262.2 million units on…
Business
Singtel’s Optus served A$100 million fine by Australia’s Federal Court for “appalling” actions against disadvantaged consumers
The telco sold phones and contracts to over 400 such consumers, including those with mental disabilities and learning difficulties, or who…
Business
Master Excel with these Workflow Features
Microsoft Excel is a wonderful program that allows you to do so much for work, school, and more. In fact, it can be an important factor in…
Business
7 Top Rated Cloud Servers for Small Businesses
It is a smart investment to have a small business cloud server. These days, data is power and needing to access it as quickly as possible…
Business
US: Wall St posts tame gains at open
— Wall Street’s main indexes opened modestly higher on Wednesday (Sep 24) as traders assessed measured comments from US Federal Reserve…
Business
As Fed and regional rates fall, Asia’s banks remain attractive yield plays: analysts
Loan growth and risk levels will impact capital availability for dividends in Asean Even as the US Federal Reserve and central banks…
Business
Vietnam President Luong Cuong Calls on US Businesses to Strengthen Ties with Vietnam
In an effort to usher in a new era of bilateral cooperation, Vietnam President Luong Cuong has urged the US business community to increase…
Business
Singapore stocks slip as US Fed chair Powell says equities ‘highly valued’; STI drops 0.3%
In the wider market, gainers edge out losers 285 to 270, after 1.6 billion shares worth S$1.4 billion change hands The Straits Times Index…
Business
OCBC appoints Carina Lee as new group chief risk officer
OCBC has appointed Carina Lee – its current group chief credit officer for the wholesale banking business – as its new group chief risk…
Business
CapitaLand India Trust unit to divest two assets in Chennai, Hyderabad for 11 billion rupees
The total enterprise value of the sale is about 3 per cent higher than the aggregate of the independent valuations The trustee-manager of…
Business
UBS boosts payouts for US wealth advisers amid intense hiring battle
The move comes after UBS lost several high-profile US wealth adviser teams to rivals or independence UBS Group is raising the payouts…
Business
Japan's Nikkei closes at record as AI rally helps overcome early losses
Japan’s Nikkei share average closed at a record high on Wednesday (Sep 24), fighting back from early losses on optimism buoyed by…
Business
Asia’s real-time payments surge, but gaps persist: StanChart
A common challenge is reconciling payment data, where mandatory fields needed in one country’s transactions differ from those in another…
Business
Alibaba launches Qwen3-Max AI model with more than one trillion parameters
The company has announced plans to invest 380 billion yuan in artificial intelligence-related infrastructure over the next three years…
Business
Alibaba to open new data centres; unveils most powerful AI model
The expansion comes as the company positions AI, which includes cloud, as a core business priority alongside its traditional e-commerce…
Business
Australian central bank blasts ASX for trading settlement failures
The Australian Securities Exchange must make “foundational changes” to its governance, culture and risk management after last year’s…
Business
China’s Comac said to slash delivery targets for its C919 jet
The Chinese aircraft maker is seeing bottlenecks in virtually all key parts of its supply chain, hampering its ability to produce jets at…
Business
Asia: Markets waver after Wall Street retreats from record
EQUITIES wavered on Wednesday following a down day on Wall Street, where worries about high valuations were compounded by mixed messaging…
Business
US hedge fund Verdad plans to launch new Japan small-cap fund
A gauge of smaller stocks has outperformed the broader Topix this year with a gain of 19%, compared to 14% for the index Boston-based…