Business
ECB holds rates unchanged, offers no clues about next move
The ECB halved its key rate to 2% in the year to June but has been on hold ever since The European Central Bank left interest rates…
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Business
Business
Low Keng Huat sinks into the red with S$10.2 million net loss in H1
The property developer’s half-year revenue tumbles 85% to S$38.7 million, from S$257.9 million the previous year Property developer Low…
Business
Oracle marches toward US$1 trillion club; tech stocks cheer
The stock’s gains also put co-founder Larry Ellison on course to beat Elon Musk as the world’s richest man Oracle’s shares rose on…
Business
Oracle retreats after record run towards US$1 trillion club on AI cloud boom
Oracle shares retreated on Thursday (Sep 11) after a record AI-driven surge in the previous session that brought the company closer to the…
Business
Number of German work days lost to strikes below 1 million in 2024
The number of working days lost to strikes in Germany fell to 946,000 in 2024, as workers walked off the job less often than in the…
Business
TalkMed to delist from SGX on Sep 15
Healthcare provider TalkMed will be delisted from the Singapore Exchange from 9 am on Sep 15, the company announced on Thursday (Sep 11).…
Business
Singapore stocks end higher amid mixed regional trading; STI up 0.2%
On the STI, UOL is the top gainer, up 3.9%; Thai Beverage is the biggest decliner, shedding 1.1% Local stocks tracked overnight gains on…
Business
The Return of Tarell Alvin McCraney’s Masterpiece, “The Brothers Size”
At the beginning of Tarell Alvin McCraney’s poetic drama “The Brothers Size,” now at the Shed, one of the play’s three actors pours white…
Business
Longtime Bulgari Executive, Heir Francesco Trapani Dies at 68
MILAN – Industry entrepreneur and investor Francesco Trapanihas died, aged 68. “It is with profound sadness that Bulgari mourn the passing…
Business
Carlyle, EQT, HongShan among final bidders for Starbucks China: sources
Global investment firms Carlyle Group and EQT, alongside regional players HongShan Capital Group and Boyu Capital, are preparing final…
Business
Saudi oil giant Aramco raises US$3 billion from Islamic bonds
Saudi Aramco, the world’s biggest oil company, raised US$3 billion from a sale of Islamic bonds, a term sheet showed on Thursday (Sep 11),…
Business
South Korea scraps plan to expand tax on stock investments
South Korean President Lee Jae-myung said on Thursday (Sep 11) he would not pursue plan to revise a capital gains tax on stock…
Business
Centurion soars 7.4% on the back of IPO for Centurion Accommodation Reit
Shares of Centurion soared nearly 7.4 per cent on Thursday afternoon (Sep 11) shortly after it gave details on the proposed listing of its…
Business
Veteran banker sees Malaysia’s BNM keeping rates unchanged
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting…
Business
Veteran banker sees Bank Negara keeping rates unchanged
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting…
Business
Singapore collects S$88.9 billion in tax revenue in FY2024/25, 10.7% higher than in previous year
The increased collection is driven by robust economic growth and higher consumer spending The Inland Revenue Authority of Singapore (Iras)…
Business
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2024/25 on robust growth and higher consumption
The Inland Revenue Authority of Singapore (Iras) announced that it had collected S$88.9 billion in tax revenue for the financial year of…
Business
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor The Inland Revenue Authority of Singapore (Iras)…
Business
Centurion Accommodation Reit aims to raise S$1.5 billion through IPO
It will be the first pure-play purpose-built living accommodation Reit listed on SGX Mainboard-listed Centurion Corp is spinning off…
Business
Centurion Accommodation Reit to offer 262 million units at S$0.88 apiece in mainboard listing
Mainboard-listed Centurion Corp is spinning off several of its worker accommodation properties into a Singapore-listed real estate…
Business
Australia’s multi-billion dollar energy link to Asia will focus on local data centres for now
The development is one of the most ambitious global efforts to supply power-hungry Asian economies that lack the land to generate enough…
Business
Asia: Markets mostly up as producer price data stokes rate cut bets
ASIAN equities mostly rose on Thursday as investors built on this week’s rally after US data ramped up expectations for a string of…
Business
Top Japan start-up Sakana AI touts nature-inspired tech
WHEN David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, energy-intensive…
Business
Toyota to manufacture EV SUVs at US Kentucky plant
The next-generation version of the model, due next year, will be manufactured in Japan, as the company announced in 2021 Toyota Motor will…