Business
Food Empire to invest US$37 million to expand India coffee facility, eyes Asia for growth
Food and beverage company Food Empire intends to invest US$37 million to expand the capacity of its spray-dried soluble coffee…
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Business
Business
Prime US Reit signs 120,000 sq ft lease at Waterfront at Washingtonian in Gaithersburg, Maryland
The manager of Prime US real estate investment trust (Reit) announced on Thursday (Jul 10) that it signed a new 11-year lease of minimum…
Business
Prime US Reit signs 120,000 sq ft lease at Class A tower in Maryland
The manager of Prime US real estate investment trust (Reit) announced on Thursday (Jul 10) that it signed a new 11-year lease of minimum…
Business
Prime US Reit signs 120,000 sq ft lease at Class A office tower in Maryland
The manager of Prime US real estate investment trust (Reit) announced on Thursday (Jul 10) that it signed a new 11-year lease of minimum…
Business
BOJ will hold off rate hikes until March due to US tariff hit, ex-policymaker says
The Bank of Japan will likely hold off raising interest rates again until at least next March to assess the damage that US tariffs could…
Business
UOL unit prices S$75 million fixed rate notes at 2.78%
They will be issued as the second tranche of the fifth series of a S$2 billion multicurrency medium-term note programme Property player…
Business
Stocks to watch: DBS, Singtel, ST Engineering, UOL, SGX, Food Empire, Soilbuild Construction
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 10): DBS, Singtel, ST…
Business
Stocks to watch: DBS, Singtel, ST Engineering, UOL, SGX, Food Empire, Prime US Reit, Soilbuild Construction
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 10): DBS, Singtel, ST…
Business
Hong Kong Jockey Club to unload US$1 billion in Blackstone, Warburg funds
The Hong Kong Jockey Club is divesting as much as US$1 billion in funds held with Blackstone and other buyout firms, offloading US assets…
Business
Australia takes another step toward a central bank digital currency
Australia’s central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with a…
Business
Barclays hires sales trader in Hong Kong after pullback
Barclays hired Joseph Lee from HSBC Holdings as head of high-touch equity sales trading for Asia-Pacific as the UK bank ramps up staffing…
Business
AI chip startup Groq discusses US$6 billion valuation, The Information reports
semiconductor startup Groq has spoken to investors about raising between US$300 million and US$500 million at a US$6 billion…
Business
Samsung’s bet on foldable phones faces major test with slimmer new model
Samsung Electronics on Wednesday unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in the…
Business
Nvidia becomes first company to reach US$4 trillion in value
Nvidia became the first company to touch US$4 trillion in market value on Wednesday, a new milestone in Wall Street’s bet that artificial…
Business
Microsoft touts US$500 million AI savings while slashing jobs
Microsoft is keen to show employees how much artificial intelligence (AI) is transforming its own workplace, even as the company…
Business
Europe: Shares close at four-week high on banks boost; US trade talks in focus
EUROPEAN shares closed at a four-week high on Wednesday, with banks the biggest boost as investors awaited signs of progress on a trade…
Business
US: Nasdaq ends at record as stocks shrug off latest Trump tariffs
The Nasdaq vaulted to a fresh record on Wednesday, shrugging off new tariff threats from President Donald Trump as Nvidia became the first…
Business
Fed minutes show committee split around inflation worries
The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing…
Business
US Fed minutes show committee split around inflation worries
The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing…
Business
Australian Luxury Design Brand Paloma Editions Enters U.S. Market
MILAN — Australian design firm Paloma Editions, which was founded in 2023 as an antidote to consumerist style, grew its sales to $10…
Business
X CEO Steps Down After Two Years of Massive Failure
After two years of overseeing rampant conservatism, antisemitism, and general racism, X CEO Linda Yaccarino is stepping down. “When Elon…
Business
Linda Yaccarino to step down as CEO of Elon Musk's social media site X
Linda Yaccarino, the chief executive of social media site X, said Wednesday that she’s stepping down from her role after two years at the…
Business
What Is OpenAI's Scaling Team? Tesla, xAI, Meta Engineers Join Their Ranks as AI Hiring Competition Heats Up
After Meta made headlines for poaching top AI talent from rival companies to build its superintelligence team, another tech…
Business
US: Wall Street opens higher as markets await trade talks
Wall Street’s main indexes opened higher on Wednesday (Jul 9), as investors shrugged off President Donald Trump’s aggressive tariff moves…