Business
Indonesia’s benchmark yield falls to lowest in almost two years
Emerging Asian sovereign bonds have rallied this year as global funds diversified their investments away from US dollar assets Indonesia’s…
Section
Business
Business
Accumulating bitcoin a risky digital rush by companies
US PRESIDENT Donald Trump’s media group and Tesla, the electric carmaker owned by tech billionaire Elon Musk, are among an increasing…
Business
Over 30 companies in IPO pipeline: SGX
More than 30 companies are currently in the Singapore Exchange’s (SGX) initial public offering (IPO) pipeline, according to the group’s…
Business
Asia: Tokyo soars on trade deal relief as Asian markets limp into weekend
JAPANESE stocks rallied on Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue…
Business
Asia: Tokyo soars on trade deal relief as markets limp into weekend
JAPANESE stocks rallied on Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue…
Business
China’s tech giants spook a generation of workers with job cuts
FOR years, a job at one of China’s technology behemoths was a golden ticket for the country’s ambitious youth. Now, a wave of downsizing…
Business
Blackstone makes first hire for Japan private credit origination
Firms are also pursuing private loan origination in Japan, seeking to offer an alternative to bank financing. Blackstone made its first…
Business
Leading ladies: The women heading the biggest family-led hotels in Asia
Kuok Hui Kwong’s appointment as the new chief at Shangri-La Asia is only the latest in a string of women taking over the reins across…
Business
BOJ debated chance of resuming rate hike, July summary shows
Some Bank of Japan policymakers warned of mounting inflationary pressures and one signaled the chance of resuming interest rate increases…
Business
STI stocks fall, as SIA, Genting, OCBC tumble
Shares of several Straits Times Index (STI) constituents fell in early trade on Friday (Aug 8), on the impact of earnings and amid tariffs…
Business
STI stocks fall, as SIA, Genting, Sembcorp, OCBC tumble
Shares of several Straits Times Index (STI) constituents fell in early trade on Friday (Aug 8), on the impact of earnings and amid tariffs…
Business
STI, semiconductor stocks fall, as Genting, Sembcorp, SGX decline
Shares of some Straits Times Index (STI) constituents and semiconductor firms fell on Friday (Aug 8), on the impact of earnings reports as…
Business
GM to buy EV batteries from China’s CATL for low-cost Bolt EV
The Chinese company is one of the world’s largest battery manufacturers and a major supplier of LFP batteries to the auto industry General…
Business
DBS shares jump 2%, crosses the $50 mark
DBS shares climbed above the S$50 mark in early trade on Friday (Aug 8), one day after it hit that record-level following news of improved…
Business
DBS shares jump 2%, cross the $50 mark
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its…
Business
DBS shares jump 2%, cross S$50 mark
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its…
Business
DBS shares jump 2.5%, cross S$50 mark
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its…
Business
Nextdoor cuts 12% of workforce in quest for profitability
Nextdoor Holdings, the neighbourhood social networking company, is eliminating 12 per cent of its workforce, part of a broader effort by…
Business
Stocks to watch: UOB, SGX, Genting, Sembcorp, Singapore Land, Riverstone, Daiwa, BHG Retail
The following companies saw new developments that may affect trading of their securities on Friday (Aug 8): UOB: Trade loans are expected…
Business
Daiwa House Logistics Trust H1 DPU drops 8.6% to S$0.0224
The manager of Daiwa House Logistics Trust (DHLT) on Friday (Aug 8) posted a distribution per unit (DPU) of S$0.0224 for its first half…
Business
Paramount closes US$8 billion merger with Skydance after settling ‘60 Minutes’ lawsuit
Paramount Global and Skydance Media completed their US$8.4 billion merger on Thursday (Aug 7), capping a drawn-out deal process marked by…
Business
SGX H2 net profit dips 2.6% to S$308 million
The group is working with the Monetary Authority of Singapore and key ecosystem partners to boost the competitiveness of the Singapore…
Business
SGX ekes out record high full-year profit despite 2.6% decline in H2
Singapore Exchange (SGX) reported its highest-ever full-year revenue and net profit since listing on Friday (Aug 8). This milestone comes…
Business
Sembcorp H1 earnings flat at S$536 million on lower gas revenue
But the company raises its interim dividend to S$0.09 per share, from S$0.06 per share Sembcorp Industries saw earnings fall 1 per cent to…