Business
Oil prices ease on surprise build in US crude stockpiles, Opec+ to consider output hike
Oil prices eased about 1 per cent to a two-week low on Thursday on a surprise build in US crude inventories last week and expectations…
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Business
Business
Europe: Shares end stronger on firmer Fed rate-cut bets
EUROPEAN shares closed higher on Thursday as heightened expectations for a US Federal Reserve interest rate cut lifted markets, while…
Business
Lululemon Gets Tripped Up in Q2 by Tariffs and Product Missteps
For years, Calvin McDonald led a master class of double-digit growth as chief executive officer of Lululemon Athletica Inc. And when the…
Business
US: S&P 500 rises to fresh record ahead of jobs data
stocks shook off early weakness on Thursday before climbing, with the S&P 500 ending at a fresh record on hopes a slowing employment…
Business
“Erupcja” Starts Charli XCX’s Acting Career on a High Note
One of the key works of the modern cinema, Roberto Rossellini’s “Voyage to Italy,” from 1954—starring Ingrid Bergman and George Sanders as…
Business
Biotech company Amgen set to build $600-million research center in Thousand Oaks
Biotech company Amgen is investing $600 million into a new research center for its Thousand Oaks campus. The new site will create hundreds…
Business
Charting a Responsible Future: Malaysia's National Action Plan on Business and Human Rights 2025-2030
Integrating human rights into business is essential for sustainable growth and success. It's not just managing risks, it fosters a more…
Business
BlackRock to run US$80 billion for Citi as bank refocuses wealth unit
The move highlights a growing trend among big banks to partner with specialist asset managers Citigroup said on Thursday (Sep 4) it will…
Business
US: Wall St indexes open mixed after jobs data
Wall Street opened mixed on Thursday (Sep 4) after a weaker-than-expected private payrolls report, while Salesforce shares dropped as the…
Business
Olam Group, Yangzijiang Financial to replace CapitaLand Ascott Trust, ComfortDelgro on STI reserve list
There will be no changes to the constituents of the STI following the September 2025 review Food and agricultural giant Olam Group and…
Business
Hitachi to invest US$1 billion to produce power grid components in US
Hitachi plans to invest US$1 billion to expand its US power grid infrastructure manufacturing, its energy unit said on Thursday (Sep 4),…
Business
HSBC names Maggie Ng as Hong Kong CEO, predecessor to lead Hang Seng Bank
Asia-focused lender HSBC on Thursday (Sep 4) picked insider Maggie Ng as the chief executive of its Hong Kong arm, succeeding Luanne Lim…
Business
Job cuts jump 66% year to date; DOGE, uncertainty and AI are major factors
Job cuts so far this year have already surpassed the total for 2024, as government cost-cutting, economic uncertainty and AI have prompted…
Business
VinFast’s quarterly loss widens amid heavy spending on ambitious growth strategy
Vietnamese electric-vehicle maker VinFast on Thursday (Sep 4) reported a wider second-quarter net loss as it stepped up spending on global…
Business
Google ruling shows how tech can outpace antitrust enforcement
The rapid pace of development in the world of tech, particularly in AI, spurred a judge’s cautious approach to curbing Google’s online…
Business
Cambricon’s shares dive 14% after red-hot China AI rally cools
Cambricon Technologies shares tumbled by the most in nearly eight months after investors cashed out of one of the more spectacular Chinese…
Business
Singapore stocks climb on weak US jobs data, rate-cut expectations; STI up 0.2%
Stocks on the Singapore Exchange (SGX) rebounded on Thursday (Sep 4), tracking a mixed performance in Asian markets amid weak US jobs data…
Business
Contributor: Why is California losing good jobs to other states? It's not rocket science
For a century, it worked, and brilliantly. The “California model” rested on massive investments in higher education, development of…
Business
ST Engineering will invest S$250 million to drive robotics solutions for complex challenges
ST Engineering is pouring S$250 million over the next five years into a programme that will drive physical artificial intelligence (AI)…
Business
Better AI Infrastructure Shaping Global Businesses
The present artificial intelligence market is expected to exceed $631 billion by 2028, as per IDC projections. From the advertisements we…
Business
Nasdaq proposes tighter listing rules for thinly traded stocks, China-based firms
Exchange operator Nasdaq proposed on Wednesday (Sep 3) stricter listing standards, including a higher minimum public float for certain new…
Business
PropertyGuru appoints Lu Yao as new Singapore managing director
PropertyGuru on Thursday (Sep 4) announced the appointment of Lu Yao as its new managing director for Singapore. He replaces former…
Business
PropertyGuru appoints Yao Lu as new Singapore managing director
PropertyGuru Group on Thursday (Sep 4) announced the appointment of Dr Yao Lu as its new managing director for Singapore. Dr Yao will…
Business
Malaysia's central bank holds key rate at 2.75%
Malaysia’s central bank held its benchmark interest rate steady at a review on Thursday (Sep 4), as widely expected by economists, amid…