Business
Olivia Lum trial: What counts as non-disclosure?
After years of struggling with the Tuaspring project, Hyflux was ordered to be wound up in 2021, closing a critical chapter in one of…
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Business
Business
Singapore shares rise as market eagerly awaits signals of interest rate cuts; STI up 0.3%
Singapore shares rose on Thursday (Aug 21), as the market awaits for hints from US Federal Reserve chairman Jerome Powell about the future…
Business
Musk’s Starlink courts luxury airlines to grow in-flight Wi-Fi business
For the past three years, Elon Musk has steadily elbowed his way into the booming market for in-flight Wi-Fi, with his Starlink service…
Business
Sats rises 5.7% to three-week high on Q1 profit growth
Shares of ground handler and inflight caterer Sats climbed in early trade on Thursday (Aug 21), a day after the group posted higher…
Business
Sats rises 2.5% on Q1 profit growth
Shares of ground handler and in-flight caterer Sats advanced on Thursday (Aug 21), a day after the group posted higher first-quarter…
Business
Hyflux’s legal head did not raise issues over non-compliance of listing rules for draft announcement, witness says
The legal head of Hyflux did not raise any issue of non-compliance with the listing rules in a draft of an announcement on the company…
Business
Hyflux’s legal head did not raise issues over non-compliance of listing rules for draft announcement, says witness
The legal head of Hyflux did not raise any issues of a draft announcement being non-compliant with Singapore Exchange (SGX) listing rules,…
Business
McDonald’s Japan scraps ‘One Piece’ promotion after Pokemon frenzy
NALD’S Japan has cancelled a promotion based on the classic One Piece manga series, after a similar Pokemon-themed campaign sparked a…
Business
Baidu ranks as China’s cheapest Internet stock amid AI concerns
Sharp stock underperformance for Baidu on concerns over its outlook have left it trading at the cheapest valuation among China’s major…
Business
Complex to Open Permanent ‘Concept Retail Space’ in SoHo
Aaron Levant has always tried to figure out a way to stay ahead of the game. Now chief executive officer of Complex, the entrepreneur…
Business
Global beauty firms look to carve up Indian market as ‘last bastion’ of growth
From Japan’s Shiseido to France’s L’Oreal, global cosmetics giants are doubling down on India, betting on the world’s most populous nation…
Business
Asia: Markets creep up as investors await key speech
ASIAN markets edged mostly upward in muted morning trading on Thursday, one day before a key speech expected to offer signals about future…
Business
India becomes rare hub for green IPOs with US$4 billion of deals
India is seeing a revival in clean-energy initial public offerings (IPOs) as companies capitalise on Prime Minister Narendra Modi’s push…
Business
Bank of Japan chief’s dogged caution tempers board’s hawkish instincts
In 2024, Kazuo Ueda delivered Japan‘s first interest rate hike in 17 years, a bold shift for a central bank once dominated by advocates of…
Business
Australia: Shares hit fresh high on mining and banks boost
AUSTRALIAN shares rose to a record high on Thursday, driven by miners and banks, while investors awaited US Federal Reserve Chair Jerome…
Business
Commonwealth Bank of Australia reverses job cuts decision over AI chatbots
Lenders around the world are grappling with the use of artificial intelligence and its impact on jobs Commonwealth Bank of Australia (CBA)…
Business
AI job cuts debacle sees biggest Australia bank reverse tack
Commonwealth Bank of Australia (CBA) reversed a decision to cut 45 customer service roles due to new artificial intelligence (AI)…
Business
Great Eastern resumes trading after year-long suspension; opens at S$13.2 following bonus issue
Great Eastern Holdings (GEH) resumed trading on Thursday (Aug 21) after a proposed bonus share issue lifted its free float to above 10 per…
Business
Great Eastern resumes trading after year-long suspension; opens at S$13.21 following bonus issue
Great Eastern Holdings (GEH) resumed trading on Thursday (Aug 21) after a proposed bonus share issue lifted its free float to above 10 per…
Business
Great Eastern resumes trading after year-long suspension; closes 10% lower than OCBC’s best offer
Great Eastern Holdings (GEH) resumed trading on Thursday (Aug 21), after a proposed bonus share issue lifted its free float above 10 per…
Business
Gold little changed as investors await Jackson Hole remarks
Gold prices were steady on Thursday (Aug 21) as investors awaited cues into the US Federal Reserve’s policy outlook ahead of the Jackson…
Business
Stocks to watch: Sats, Great Eastern, Wing Tai, Beng Kuang Marine, Capital World
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 21): Sats: The airline caterer…
Business
Microsoft curbs early access for Chinese firms to notifications about cybersecurity flaws
Microsoft has curtailed Chinese companies’ access to advance notifications about cybersecurity vulnerabilities in its technology after…
Business
Singapore-focused listed companies are having their turn in the spotlight
The oft-heard complaint is that Singapore’s market is too small and, beyond the banks, no one can make much money from investing in it.…