Business
Hidden Algorithm Cracks Carrier Misconduct Code, Promises Revolutionary Logistics Transformation
Among the many challenges that logistics industry faces, fraud is the most persistent, particularly false claims related to weather…
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Business
Business
Mapletree Logistics Trust posts 12.4% fall in Q1 DPU to S$0.01812
The decline is due to the absence of one-off divestment gains and impact of weaker regional currencies Mapletree Logistics Trust’s (MLT)…
Business
Apple and Google face more UK antitrust scrutiny over mobile ecosystems
A final decision on both designations is expected by Oct 22, with the regulator also outlining possible next steps in its parallel…
Business
MPACT to dispose two office buildings in Japan for 8.7 billion yen
Mapletree Pan Asia Commercial Trust (MPACT) is divesting two office buildings in Japan for 8.7 billion yen (S$78.7 million). The…
Business
Sabana Reit’s H1 DPU rises 26.9% to S$0.017 on higher overall occupancy, sustained positive rental reversions
Sabana Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.017 for the first half of its fiscal…
Business
ST Engineering bags new contracts worth S$4.7 billion in Q2 2025
ST Engineering on Wednesday (Jul 23) announced that it secured S$4.7 billion in new contracts in the second quarter of 2025. These…
Business
Digital Core Reit H1 DPU unchanged at US$0.018
The manager of Digital Core Real Estate Investment Trust (Reit) on Wednesday (Jul 23) posted a distribution per unit (DPU) of US$0.018 for…
Business
STI inches up on Wednesday, mirroring regional indices
The Straits Times Index (STI) closed higher on Wednesday (Jul 23), mirroring regional indices. The STI inched up 0.6 per cent or 23.02…
Business
ST Index inches up on Wednesday, mirroring regional indices
The Straits Times Index (STI) closed higher on Wednesday (Jul 23), mirroring regional indices. The STI inched up 0.6 per cent or 23.02…
Business
ST Index up on Wednesday, mirroring regional indices
The Straits Times Index (STI) closed higher on Wednesday (Jul 23), mirroring regional indices. The STI rose 0.6 per cent or 23.02 points…
Business
Citi targets Middle East ultra-rich with push to hire private bankers
Citigroup’s private bank is planning a hiring drive for the Middle East region as part of the Wall Street giant’s global expansion of its…
Business
BOJ sees trade deal as raising chance of meeting inflation goal
Japan’s trade deal with the US has reduced uncertainty surrounding the economy, the central bank’s deputy governor Shinichi Uchida said,…
Business
PNC taps Coinbase to create crypto trading offering for bank customers
The banking industry has fiercely resisted accusations that it denies services based on ideological reasons Bank is working with…
Business
Alibaba launches open-source AI coding model, touted as its most advanced to date
The launch comes amid intensifying competition among Chinese technology companies in the global artificial intelligence development race…
Business
PayPal to create global digital wallet platform with Tenpay, UPI
The company also plans to add artificial intelligence and stablecoin use cases to the digital wallet platform at some point PayPal…
Business
Starbucks opens free study rooms in China to lure back customers
Starbucks has launched free “study rooms” in some of its China outlets, the company’s latest initiative to help boost consumer traffic as…
Business
Meta's $100 Million AI Bait Faces Resistance as Anthropic, Others Hold Ground
Meta is stepping up its AI recruitment game with enormous compensation packages, reportedly offering up to $100 million to top talent in a…
Business
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries Indonesian petrochemical producer Chandra…
Business
Hiap Seng shares soar 75% after Indonesian oil giant Chandra Asri buys 11.9% stake
Shares end Wednesday at multi-year high of S$0.021; future partnership between both companies could be on the horizon, says Hiap Seng CEO…
Business
Morgan Stanley faces Finra probe on client-vetting: report
The firm has been working on fixing its client-screening practices after the US Federal Reserve for years raised concerns about…
Business
Asia: Tokyo’s Nikkei leads rally after Japan-US trade deal
Tokyo stocks rallied with the yen on Wednesday after Japan and the United States finally hammered out a trade deal to slash Donald Trump’s…
Business
Asian local-currency bond sales reach record on risks to US dollar
US President Donald Trump’s unpredictable policy moves are driving investor demand for Asian local-currency bonds, spurring fresh interest…
Business
Chinese hackers exploit Microsoft flaws, US nuclear agency hit
Microsoft warned that Chinese state-sponsored hackers are among those exploiting flaws in its SharePoint software to break into…
Business
BOJ’s Uchida warns of downside risks to economy on trade uncertainty
[KOCHI, Japan] Bank of Japan Deputy Governor Shinichi Uchida said risks to economic activity and prices were skewed to the downside due to…