Business
Oil settles lower as traders gauge Middle East tensions
Oil prices settled slightly lower on Thursday as traders booked profits from a 4 per cent rally in the prior session, driven by concerns…
Section
Business
Business
US stocks close higher as bond yields retreat
Wall Street stocks finished higher on Thursday following a choppy session as markets weighed worries about US trade tariffs with benign…
Business
US stocks close higher as bond yields retreat
Wall Street stocks finished higher on Thursday following a choppy session as markets weighed worries about US trade tariffs with benign…
Business
The Biggest Counterfeit Sneaker Busts of All Time
Whether people buy them knowingly or unwittingly, counterfeit sneakers constitute a massive global industry. In 2023, total revenue for…
Business
Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructure
Temasek’s participation comes after the Kuwait Investment Authority joined earlier in June Temasek has joined a consortium backed by…
Business
US: Wall St opens lower as Middle East tensions rise
Wall Street’s main indexes opened lower on Thursday (Jun 12) as signs of rising tensions in the Middle East hurt risk sentiment and…
Business
Boustead Singapore reviews assets for potential sale to Reit for listing
No certainty that any transaction will materialise as a result of this process, says the engineering and technology group Boustead…
Business
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
Business
Mattel taps OpenAI to help it design toys, other products
Mattel, the maker of Barbie dolls and Hot Wheels cars, has signed a deal with OpenAI to use its artificial intelligence tools to design…
Business
Damage is done: China exports to US in May crash most since Covid as trade flows reroute to Asean
While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two…
Business
Damage is done: China exports to US in May see biggest drop since Covid as trade flows reroute to Asean
While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two…
Business
Investor rush for India exposure revs up block deals, IPOs
India’s market for share sales is warming up after several dull months, as companies and shareholders cash in on a buoyant stock market.…
Business
Singapore shares rise as trade tensions between China and US ease; STI up 0.1%
Across the broader market, gainers beat losers 252 to 236 as 1.3 billion securities worth S$1.2 billion change hands Singapore stocks rose…
Business
Deutsche Bank's deal-making business weaker than expected, CEO says
He says deals will be delayed, not cancelled, on the back of the US’ tariff policies Deutsche Bank’s origination and advisory business is…
Business
MAS orders unlicensed crypto exchanges to weigh exit
A final warning from the Monetary Authority of Singapore (MAS) has prompted major crypto exchanges operating in the country without a…
Business
MAS order prompts unlicensed crypto exchanges to plan exit
A final warning from the Monetary Authority of Singapore (MAS) has prompted major crypto exchanges operating in the country without a…
Business
Singapore needs to embrace Bitcoin to maintain status as financial hub: Jeremy Tan
Singapore needs to welcome Bitcoin-related businesses to maintain its status as a global financial hub, said retired businessman Jeremy…
Business
Tencent said to study deal for US$15 billion game developer Nexon
Tencent Holdings is studying a potential deal for Nexon, as the Chinese Internet giant looks for ways to bolster its lucrative gaming…
Business
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people…
Business
SGX securities turnover rises 1% in May, volume down 18%
The total securities market turnover value on the Singapore Exchange (SGX) edged up 1 per cent year on year to S$26.9 billion, supported…
Business
China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Business
China stocks soar on AI, trade hopes. Who are the country’s ‘Terrific Ten’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Business
China stocks soar on AI, trade hopes. Which are the country’s ‘Terrific Ten’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Business
China stocks soar on AI, trade hopes. Which are the country’s ‘Terrific 10’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…