Business
Kraft Heinz to split into two companies in growth push
Kraft Heinz said on Tuesday (Sep 2) it would split into two publicly-listed companies, one focusing on the sauces business and the other…
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Business
Business
Beyond the Spreadsheet: How AI and XR Are Forging the Future of Global Enterprise Operations
Global supply chains are breaking. According to recent McKinsey research, 73% of enterprises report that their ERP systems can't keep pace…
Business
Jane Street plans to move Singapore office in latest Asia expansion
Jane Street Group is planning to move to a larger office in Singapore in the latest sign of the securities trading juggernaut expanding in…
Business
Building Digital Trust: How One Engineer Led Data Governance at Scale
When people hear "data privacy," they often think of consent checkboxes or long pages of fine print. But beneath those tools lies a deeper…
Business
Singapore stocks close higher as STI briefly reaches 4,300; index up 0.5%
Stocks on the local bourse closed higher on Tuesday (Sep 2) as the Straits Times Index (STI) briefly traded above 4,300 points for the…
Business
Singapore stocks close higher as STI briefly breaks past 4,300; index up 0.5%
Stocks on the local bourse closed higher on Tuesday (Sep 2) as the Straits Times Index (STI) briefly traded above 4,300 points for the…
Business
Indonesia's central bank to share some bond coupon payments with government
Indonesia’s central bank has agreed on a “burden sharing” deal where it will give the government some bond coupon payments it receives to…
Business
Bukom refinery exports rare naphtha cargo: sources
Singapore’s Bukom refinery has exported its first naphtha cargo in years following a longer-than-expected outage at its cracker, according…
Business
Indonesia's central bank wants rupiah to trade around 16,300 a dollar
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on Monday Indonesia’s central bank has been guiding the…
Business
DBS’ plan to buy Alliance Bank stake is said to have stalled
DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory…
Business
Rothschild boosts Middle East wealth efforts with Liechtenstein deal
Rothschild is set to take over the United Arab Emirates subsidiary of the Liechtensteinische Landesbank (LLB), bolstering its presence in…
Business
MUFG to launch 100 billion yen Japan real estate fund
Mitsubishi UFJ Financial Group (MUFG) plans to launch a 100 billion yen (S$870 million) fund to invest in Japanese real estate, an…
Business
China-led bloc to set up development bank in win for Xi
Chinese President Xi Jinping secured an agreement from partner countries to set up a new development bank, realising a longtime ambition…
Business
EXCLUSIVE: Swarovski Is Celebrating Its 130th Birthday With Swans, an Exhibition, Collaborations and More
The swan, a clutch of new collaborations, a retrospective exhibition — and gold galore — take center stage as Swarovski kicks off its…
Business
Kasikornbank ditches key profit goal as Thai economy falters
Thailand’s second-largest lender Kasikornbank abandoned a key earnings target on concerns that the already weak economy may deteriorate…
Business
Asia: Gold glitters to new high as stocks mixed
climbed to a new record on Tuesday as investors sought out safe havens, while Japan’s Nikkei and the Hang Seng pushed higher waiting for…
Business
Metaplanet holders approve fresh funding tools to buy Bitcoin
The firm aims to quintuple its stockpile to 100,000 by the end of 2026 and hold 210,000 tokens by the close of 2027 Japanese Bitcoin…
Business
Singapore key to HSBC’s global wealth strategy, says its bank’s wealth head here
As HSBC undergoes a global overhaul of its operations, Singapore remains a key priority of the bank’s strategy to “future-proof” itself,…
Business
China’s margin trades surge to record as stock rally extends
The world’s second-biggest stock market has embarked on a surprise rally in recent months, partly reflecting optimism that China’s…
Business
China’s margin trades surge to a record amid stock rally
Chinese investors are borrowing a record amount of cash to buy local stocks, further fuelling a months-long rally that has largely been…
Business
BOJ should keep raising interest rates, Deputy Governor Himino says
[KUSHIRO, Japan] Bank of Japan Deputy Governor Ryozo Himino said on Tuesday it would be appropriate to continue raising interest rates in…
Business
Trump’s World Liberty token falls in first day of trading
The digital tokens backing the Trump family’s cryptocurrency venture, World Liberty Financial, fell in value on Monday (Sep 1) in their…
Business
Gold hovers near record high on US rate-cut hopes, soft dollar
Gold prices climbed to a more than four-month high on Tuesday (Sep 2), inching closer to the all-time high touched in April, supported by…
Business
Gold hits record high as US rate-cut hopes, softer dollar boost appeal
Gold prices climbed to an all-time high on Tuesday (Sep 2), extending gains to a sixth session on the back of a weaker US dollar and…