Business
Stocks to watch: Seatrium, Food Empire, Frasers Property, Frasers Centrepoint Trust, Keppel
The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 24): Seatrium: The offshore,…
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Business
Seatrium divests AmFELS shipyard in Texas for S$65 million
It allows the group to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities Offshore,…
Business
KKR, Blackstone make US$17 billion natural gas bet after AI boost
Private credit lenders have been increasingly focused on investment-grade companies and large public firms for financing opportunities as…
Business
Central Bank’s New Brazilian Forex Rules Could Impact Crypto Exchanges
Brazil’s central bank (BCB) has proposed new rules for the forex sector that may place further restrictions on the country’s crypto…
Business
Crypto giant Tether seeks US$500 billion valuation in major raise
The El Salvador-based company has made a fortune by parking the reserves that back its token in cash-like assets, including US Treasuries,…
Business
Fed’s Powell strikes middle path on inflation, jobs, as others take sides
US Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation…
Business
Micron gives solid forecast after AI boosts memory demand
Demand for data centre equipment is stretching the ability of companies to keep up with orders Micron Technology, the largest US maker of…
Business
Oil settles up US$1/bbl as restart of Kurdish oil exports stalls
Oil prices settled up more than US$1 a barrel on Tuesday after a deal to resume exports from Iraq’s Kurdistan stalled, pacifying some…
Business
Europe: Shares rise as US spending boosts luxury stocks
EUROPEAN stocks touched their highest in more than a week on Tuesday, lifted by a rally in luxury goods companies on higher US spending…
Business
OpenAI, Oracle, SoftBank plan five new AI data centres for US$500 billion Stargate project
Artificial intelligence is a priority for Trump and tech companies that are pouring billions into building the computers that are…
Business
US: Stocks retreat from records as tech giants fall
Wall Street stocks fell on Tuesday, snapping a series of record-setting sessions as Nvidia, Amazon and other large tech names retreated…
Business
Nvidia to invest $100 billion in OpenAI to build data centers
Nvidia plans to invest $100 billion in OpenAI, giving the ChatGPT maker a huge war chest to build data centers with the chip maker’s…
Business
Can Dick’s Restructure Foot Locker? Analysts React
Fashion, footwear and retail mergers are not for the faint of heart. Dick’s Sporting Goods earlier this month completed its $2.5 billion…
Business
Singapore businesses gear up for an uncertain 2026
Local firms are bracing for risks but see opportunities in digitalisation and green growth SINGAPORE companies head into 2026 under the…
Business
Revolut to spend US$13 billion on its push for 100 million users
Revolut plans to enter 30 new geographies by the end of the decade, a strategy that will ultimately see the fintech invest US$13 billion…
Business
US: Wall Street muted at open with Powell in spotlight for rate outlook
Wall Street’s main indexes were muted at open on Tuesday (Sep 23) as the recent tech-fuelled rally took a breather, while investors…
Business
Can we stop talking about T-bills now?
Singapore’s equities market is booming. And market watchers believe there is more upside on the horizon. I was slightly aghast when a…
Business
Nvidia’s US$100 billion OpenAI play raises big antitrust issues
The US$100 billion partnership between dominant AI chipmaker Nvidia and leading artificial intelligence company OpenAI could give both…
Business
Singapore stocks rise on Tuesday; STI gains 0.1% as investors react to growth forecast
Across the broader market, decliners outnumber advancers 306 to 257 after about 1.5 billion shares worth S$1.4 billion change hands Local…
Business
How typhoons can delay big IPOs like Zijin Gold’s US$3.2 billion deal in Hong Kong
One could be forgiven to question how a storm could delay one of the world’s biggest deals in a sophisticated financial centre like Hong…
Business
Audemars Piguet Joins 2026 Watches and Wonders Lineup
PARIS – Watches and Wonders keeps on growing. The annual watch industry fair announced Tuesday the arrival of Audemars Piguet among the…
Business
Heineken to buy Fifco businesses for US$3.2 billion in Central America push
The deal will enable Heineken to enter “new profit pools” across Central America, says chief executive Dolf van den Brink Dutch brewer…
Business
Jordan Hames Builds Six-Figure Property Portfolio With Samuel Leeds's Guidance
Former model and media personality Jordan Hames has quietly established himself as a successful property investor, completing multiple…
Business
Thai central bank wants to avoid side effects from steps to constrain baht, official says
Thailand’s central bank wants to avoid unintended consequences from any measures such as a tax on gold trading that it takes to curb the…