Business
STI rises 1.1% to new high, as DBS leads gains
The benchmark Straits Times Index (STI) ended 1.1 per cent or 48.89 points higher at a record 4,346.46 on Wednesday (Sep 10), with DBS…
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Business
Business
“Cashing Out” Examines an Investment Strategy That Profited from AIDS Deaths
As grateful as I am to the director Matt Nadel for making “Cashing Out,” a vital and outstanding film about a terrible time, it also made…
Business
Asian markets enjoy record day as new US jobs data fans rate cut hopes
Asian markets extended gains on Wednesday (Sep 10), with Tokyo and Seoul emulating a record day on Wall Street as fresh data pointing to a…
Business
Ellison rivals Musk as world’s richest man with US$70 billion gain
Larry Ellison is closing in on Elon Musk for the title of the world’s richest person. His fortune soared US$70 billion after Oracle…
Business
Ellison tops Musk as world’s richest man after US$101 billion gain
Ellison, who co-founded Oracle, has the bulk of his net worth tied up in the database software company Larry Ellison has become the…
Business
Oracle co-founder Ellison tops Musk as world’s richest man after US$101 billion gain
Ellison, who co-founded Oracle, has the bulk of his net worth tied up in the database software company Larry Ellison has become the…
Business
South Korea's Kospi benchmark hits record as reform prospects brighten
South Korean shares hit a record high on Wednesday (Sep 10), boosted by investors’ hopes for President Lee Jae Myung’s plan to reverse a…
Business
Wegovy-maker Novo Nordisk to cut 9,000 jobs in restructuring
Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5 per cent of its workforce, in a restructuring to save eight billion Danish…
Business
Ozempic-maker Novo Nordisk to cut 9,000 jobs in restructuring
Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5 per cent of its workforce, in a restructuring to save eight billion Danish…
Business
Deutsche Bank hires trio for Asia Pacific credit trading, sales
Deutsche Bank hired three for its Asia Pacific credit trading and sales desk, underscoring high demand for staff, as finance professionals…
Business
Alibaba mapping app steps into local business rankings, intensifying competition
Alibaba’s mapping app Amap is moving away from its traditional focus on navigation and encroaching into rival Meituan’s local-lifestyle…
Business
DBS breaks new barrier at S$52.72 as STI soars to 4,346.68 points
JPMorgan has bullish STI target of up to 5,000, cites declining interest rates and Republic’s S$5 billion market development programme DBS…
Business
DBS breaks new barrier at S$52.72 as STI soars to new high of 4,346.68 points
JPMorgan has bullish STI target of up to 5,000, cites declining interest rates and Republic’s S$5 billion market development programme DBS…
Business
DBS breaks new barrier at S$52.75 as STI soars to new high of 4,346.68 points
JPMorgan has bullish STI target of up to 5,000, cites declining interest rates and Republic’s S$5 billion market development programme DBS…
Business
DBS reaches new peak of S$52.87, as STI soars to record high of 4,355.84 points
JPMorgan has bullish STI target of up to 5,000 by year’s end, cites declining interest rates and Republic’s S$5 billion market development…
Business
Banker talent war spurs CICC to add new paths for promotion
The volume of deals, including mergers and acquisitions involving Chinese firms, this year is up 54% from the same period in 2024 to…
Business
Asia: Markets rally as new US jobs data fans rate cut hopes
ASIAN markets extended gains on Wednesday following a record day across Wall Street as fresh data pointing to a weakening US jobs market…
Business
Chinese EVs set to gain share in Singapore as rebates extended
More EV makers from the world’s biggest automobile market are also launching in the city-state Chinese automakers such as BYD look set to…
Business
South-east Asia set to export surplus biofuels to Europe, Petronas executive says
South-east Asia is positioned to export biofuels to other markets such as Europe as production capacity exceeds demand in the region, a…
Business
KKR, Blackstone turn India into Asia’s buyout HQ after China dip
The South Asian nation offers strong economic expansion, with broader investment opportunities across sectors from infrastructure to…
Business
Gold takes a breather as focus turns to US inflation data
Gold prices were flat on Wednesday (Sep 10), as investors awaited key inflation reports due later this week, while expectations of a US…
Business
LHN surges over 5.2% after securing eligibility for Coliwoo mainboard listing, Q3 update
Shares of LHN jumped 5.2 per cent minutes after market open on Wednesday (Sep 10). The increase comes after its receipt of conditional…
Business
LHN surges over 5.2% on SGX approval for Coliwoo mainboard listing, Q3 update
Shares of LHN jumped 5.2 per cent minutes after market open on Wednesday (Sep 10). The increase comes after its receipt of conditional…
Business
LHN surges over 8.7% on SGX approval for Coliwoo mainboard listing, Q3 update
Shares of LHN jumped 8.7 per cent on Wednesday (Sep 10). The increase comes after its receipt of conditional approval to list its…