Business
Haidilao down most since April after hotpot chain sales decline
Consumers in China are turning frugal as concerns around a slowing economy affect investment and consumption Haidilao International…
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Business
Business
Hyundai to lift US investment to US$26 billion after Lee visit
Hyundai Motor Group will increase its investment in the US to US$26 billion to 2028, as it seeks to expand autos, steel and robotics…
Business
Perplexity AI to share search revenue with publishers
PERPLEXITY AI on Monday said it will begin paying out millions of dollars to media outlets as part of a new model for sharing search…
Business
14 Singapore companies in fast-rising sectors are in Forbes Asia ‘100 to Watch’ 2025 list
India-based firms feature 18 times, while Singapore-based ones are tied for second with Japan-based companies Fourteen Singapore companies…
Business
Heir to Malaysian fortune seeks US$200 million for private markets
Rachel Lau plans to take majority stakes of 50% to 80% in international companies and help them with their expansion in South-east Asia…
Business
AirTrunk seals A$16 billion refinancing, plans fresh sales to fuel expansion
AirTrunk has closed an A$16 billion (S$13.3 billion) refinancing, the largest sustainability-linked financing ever in Asia-Pacific and…
Business
Frasers Property unit to buy rest of Yishun 10 mall from Frasers Centrepoint Trust for S$34.5 million
Frasers Property is proposing to buy the remaining properties at Yishun 10 mall it does not yet own from Frasers Centrepoint Trust (FCT).…
Business
Frasers Property unit to buy rest of Yishun 10 complex from Frasers Centrepoint Trust for S$34.5 million
Frasers Property is proposing to buy the remaining properties at Yishun 10 complex that it does not as yet own from Frasers Centrepoint…
Business
Thomson Medical surges 38.8% to 1.5-year high on news JS-SEZ mega project
Thomson Medical shares soared in early trade on Tuesday (Aug 26) after the group unveiled plans for an RM18 billion (S$5.5 billion)…
Business
Peter Lim’s Thomson Medical surges 38.8% to 1.5-year high on news of JS-SEZ mega project
Thomson Medical shares soared in early trade on Tuesday (Aug 26) after the group unveiled plans for an RM18 billion (S$5.5 billion)…
Business
Peter Lim’s Thomson Medical surges 22.4% on news of JS-SEZ mega project
With over 200 million shares having changed hands on Tuesday, it is the most heavily-traded counter by volume Thomson Medical shares rose…
Business
Stocks to watch: Frasers Property, Frasers Centrepoint Trust, Thomson Medical, Marco Polo Marine
The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 26): Frasers Property, Frasers…
Business
Pinault family is exploring options for Puma, including a sale
The Pinault family has reached out to potential buyers of Puma after the German sports brand lost about half of its market value in the…
Business
Kraft, other companies defeat test lawsuit over ultra-processed foods
KRAFT, Mondelez, Coca-Cola and several other major food companies on Monday succeeded in winning the dismissal of a lawsuit that accused…
Business
US appeals court orders SEC to review short-selling rules
A US appeals court ordered the Securities and Exchange Commission on Monday to assess the economic impact of President Joe Biden-era rules…
Business
Talent a key priority for new GXS Bank CEO Lai Pei Si
It has been some two months since Lai Pei Si took over as chief executive officer of digital bank GXS Bank on Jun 1, and she is making…
Business
Navigating alternative assets – how retail investors can build their private-market portfolios
As more affluent retail investors venture into alternative assets to diversify from public markets, wealth managers advise that investors…
Business
LinkedIn deepens video ad push, taps more publishers and creators to spur growth
LINKEDIN is expanding its video advertising programme, adding new publishers and creator-led shows to draw marketing dollars. The…
Business
Europe: Shares retreat after Powell-induced rally, JDE Peet’s soars
EUROPEAN shares closed lower on Monday, giving back Friday’s gains on optimism around US monetary policy easing, while JDE Peet’s soared…
Business
US: Stocks slide as investors await Nvidia earnings
Wall Street’s major indexes lost ground on Monday ahead of AI chip giant Nvidia’s earnings report, which is due midweek. The Dow Jones…
Business
Musk's xAI sues Apple and OpenAI, escalating billionaire's tech feud
Elon Musk on Monday ramped up his legal feud with OpenAI as his companies filed a new lawsuit against OpenAI and Apple accusing both of…
Business
Vietnam, Korea Agree to Strengthen Cooperation in Financial Sector
Vietnam and South Korea decided on Monday to further strengthen their financial sector cooperation, especially in the stock market system,…
Business
Intel warns US stake could hurt international sales, future grants
Intel said on Monday (Aug 25) that the US government’s 9.9 per cent stake in the chipmaker could pose risks to its business, from…
Business
Singapore Remains Asia's Most Peaceful Nation, Ranks Sixth Globally
In a new ranking of nations, Singapore maintained its position as the most peaceful country in Asia and sixth globally, despite a world…