Business
The Feel-Good Ritual Behind Suited Coffee Company
Brian Martinez founded Suited Coffee Company with a vision of purpose, that each cup would create joy and meaningful connection in…
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Business
Business
US: Wall Street opens higher as investors focus on trade, key jobs data
stock indexes opened higher on Thursday (Jun 5) after signs of tariff negotiations between the US and China, while investors looked ahead…
Business
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines Great Eastern is considering options…
Business
World Bank U-turn ends loan ban to Uganda over gay rights
The World Bank says it is lifting a ban on loans to Uganda that it had put in place two years ago when the country passed a draconian new…
Business
Alphabet to keep hiring engineers while AI advances
Alphabet’s chief executive officer Sundar Pichai said his company will keep expanding its engineering ranks at least into 2026, stressing…
Business
StanChart brings maximum interest rate on savings account to record 8.05%
While local banks are dropping their interest rates on savings accounts, Standard Chartered Bank (StanChart) has raised its rates to an…
Business
Apple gives Tata India iPhone repair business as partnership expands: sources
Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market, signalling the Indian…
Business
Singapore shares rise on US rate-cut hopes, softer T-bill yields; STI up 0.4%
UOB economist, reacting to the sluggish retail sales print, expects retail sales to stay tepid this year Local shares rose on Thursday…
Business
Malaysia’s Petronas to cut more than 5,000 jobs after profits slump
The state-owned oil firm will also freeze promotions and hiring until December 2026 Malaysia’s state-owned oil firm will reduce headcount…
Business
Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan
Procter & Gamble said on Thursday (Jun 5) it would cut 7,000 jobs, or about 6 per cent, of its total workforce over the next two years, as…
Business
Acrophyte Hospitality Trust proposes disposal of Michigan hotel for US$6.7 million
Acrophyte Hospitality Trust has proposed the disposal of a hotel in the US city of Auburn Hills in Michigan for a consideration of around…
Business
China warns BYD, rivals to self-regulate as price war heats up
Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns…
Business
Court partially allows Goh Jin Hian’s appeal, finds he did not breach duty by not probing IPP’s red flags
The Appellate Division of the High Court has partially allowed an appeal by Goh Jin Hian against having to pay damages for breaching his…
Business
India central bank set to deliver third straight rate cut to lift growth
India’s central bank will likely cut interest rates for the third straight meeting to boost growth, with market watchers focused on the…
Business
Peter Kwee, son and firm sued for over S$71 million over insolvency of Laguna club operator
Motoring tycoon Peter Kwee has been sued – along with his 55-year-old son Kevin and their firm Laguna Hotel Holdings – for allegedly…
Business
Asian Markets Steady After Tariff Drama, AI Rally Fuel Global Gains
After a week of volatile signals from the United States and uncertain global data, investor sentiment in Asia sought stability. A week…
Business
Statista, TIA to award Singapore’s Top Fintech Companies for 2026
FOR the first time, Tech in Asia and global market research firm Statista will recognise Singapore’s top fintech companies. The list will…
Business
DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park
DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre…
Business
Gamers get hold of Nintendo’s hotly awaited Switch 2
Gamers on Thursday finally got their hands on Nintendo’s new Switch 2 console, which could score record early sales for the Japanese Super…
Business
L.A.’s Independent Jewelers on Economic Shifts and Consumer Demand
With global economic uncertainty reshaping luxury markets, the fine jewelry industry is undergoing its own transformation. Independent…
Business
Sofitel Taps Cordelia de Castellane to Design New Hotel Uniforms
PARIS — As part of its ongoing repositioning, French luxury hotel chain Sofitel has tapped Cordelia de Castellane to design the uniforms…
Business
Laopu Gold’s 2,300% rally faces test after stock hits HK$1,000
A BREATHTAKING rally in Laopu Gold is facing a critical test after its stock price hit HK$1,000 (S$164), a rare milestone that may deter…
Business
Vingroup seeks private loan to buy KKR’s stake in Vinschool
Vietnamese conglomerate Vingroup is seeking a around US$300 million private credit loan to purchase KKR’s stake of about 38 per cent in…
Business
Asia: Most markets rise as US data feeds rate-cut hopes
Asian shares mostly rose on Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and…