Business
Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
Sentiment remains largely positive on the sector amid resilient asset quality, steady capital returns The three local banks may be nearing…
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Business
Business
News Corp beats quarterly revenue estimates on growth in Dow Jones unit
Corp beat Wall Street estimates for second-quarter revenue on Thursday, bolstered by growth in its Dow Jones, digital real estate and book…
Business
Michael Saylor’s crypto project pounded after US$12.4 billion loss
Bitcoin’s plunge below US$65,000 is intensifying the crisis rocking the digital-asset complex, and few companies are more exposed than…
Business
Reddit forecasts revenue above estimates as AI fuels ad sales
IT forecast first-quarter revenue above analysts’ estimates on Thursday (Feb 5), as artificial intelligence-powered enhancements to its ad…
Business
Amazon says it will spend US$200 billion this year on AI build-out
Amazon.com said that it plans to spend US$200 billion this year on data centres, chips and other equipment, worrying investors the…
Business
Bitcoin plummets, driving US$2 trillion tumble in crypto market value
Bitcoin plunged on Thursday, its decline accelerating amid weakening risk sentiment driven in part by volatility in precious metals and a…
Business
Elon Musk Will Be Deposed Over What He Did With DOGE
The report attributes 30,784 of the job losses to ending contracts, such as that of UPS. Market and economic conditions led to 28,392…
Business
Oil settles almost 3% down on easing supply concerns ahead of US, Iran talks
Oil prices settled down almost 3 per cent on Thursday in choppy trading, after the US and Iran agreed to hold talks in Oman on Friday,…
Business
European shares fall as investors gauge earnings, ECB keeps rates unchanged
PEAN shares fell on Thursday as the European Central Bank kept interest rates unchanged but offered no clues about its next move, while…
Business
US stocks: Wall Street ends sharply down as AI worries weigh
Street ended sharply lower on Thursday, with the Nasdaq dragged to its lowest since November by losses in Microsoft, Amazon and other tech…
Business
Workplace romance: When boards must step in
When do workplace relationships cross the line – from being a personal issue to a boardroom concern? COLDPLAY-GATE was a standout moment…
Business
Nancy Guthrie: Cops Confirm Ransom Note Set Deadline of 5PM Thursday and Share Terrifying Doorbell Camera Details as Noone Has Been Ruled Out
The FBI said a ransom note sent to several media outlets demanded millions of dollars for Nancy Guthrie's release and set a deadline of 5…
Business
How to protect your intellectual property as a new founder
You finally have something real: a prototype, a name, maybe your first customers. And then it hits you. What if someone copies this? What…
Business
Singapore Retains Top Spot as Vietnam's Leading Foreign Investor for 2026
Vietnam's foreign direct investment (FDI) landscape has opened the year on a high note, with realized capital demonstrating significant…
Business
Offer for Low Keng Huat turns unconditional with 95.5% of shares secured
Managing director Marco Low and his family are taking the company private at S$0.78 per share The privatisation bid for construction and…
Business
Wall Street opens lower on anxiety over Alphabet’s capex plans
Wall Street’s main indexes opened lower on Thursday (Feb 5) as investors fretted over Alphabet’s spending plans and Qualcomm’s downbeat…
Business
OpenAI unveils AI agent service as part of push to attract businesses
The platform is part of a broader effort by OpenAI to seize the enterprise market from its rivals OpenAI on Thursday (Feb 5) said it is…
Business
First Reit H2 DPU falls 10.3% to S$0.0104 on weaker rupiah and yen
Distributable income for the second half declines 9.3% to S$22 million, from S$24.3 million First Real Estate Investment Trust (Reit)’s…
Business
ECB keeps rates unchanged even as choppy markets threaten its 'good place'
The European Central Bank left interest rates unchanged as expected on Thursday (Feb 5) and offered no clues about its next move,…
Business
EV maker Nio set to record first adjusted operating profit for Q4 FY2025
The turnaround is driven by ‘sustained growth’ in sales volume and a favourable product mix Electric vehicle manufacturer Nio expects to…
Business
Air India probes if crew followed protocols in Boeing fuel-switch incident
Britain has given Air India a week’s deadline to submit a complete response, or face regulatory action Air India said on Thursday (Feb 5)…
Business
Bank of England holds rates after narrow 5-4 vote, signals reduction ahead
The BOE has been moving cautiously as Britain has the highest inflation rate among the world’s big, rich economies The Bank of England…
Business
Aster to complete Singapore refinery expansion, berth works in second-half of 2026
Singapore’s Aster Chemicals and Energy expects to complete several projects in the second half of this year to raise its refining capacity…
Business
Elite UK Reit secures £24.3 million in new leases with UK government
Its portfolio’s weighted average lease to expiry is expected to improve from 2.4 years to 7.2 years Elite UK Real Estate Investment Trust…