Business
Thailand’s virtual bank race heats up
Thailand’s finance ministry is set to issue three virtual banking licences by mid-June – a move that could jolt the country’s lucrative…
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Business
Business
There's one bright spot for San Francisco's office space market
SAN FRANCISCO — In recent years, San Francisco’s image as a welcoming place for businesses has taken a hit. Major tech companies such as…
Business
S-Reits with Singapore office assets post resilient Q1 2025 amid positive rent reversions and high occupancy
Singapore-listed office real estate investment trusts (S-Reits) reported a broadly resilient performance in the first quarter of 2025,…
Business
Independent director Chua Kee Lock acquires venture shares on open market
Over the five trading sessions from May 23 to May 29, institutions were marginal net sellers of Singapore stocks, with net institutional…
Business
OPEC+ Maintains Oil Production Increase as Prices Soften and Market Awaits Demand Recovery
With international oil markets facing price pressure and economic instability, OPEC+ has remained committed to gradually restoring supply.…
Business
Kobe Bryant x Nike Air Force 1s Drop Fall ’25 in Snakeskin, Classic White and Lakers Purple
Kobe Bryant’s Nike line is adding new snakeskin-patterned Air Force 1 styles to its lineup this fall. In addition to upcoming Kobe-themed…
Business
Blackstone lowers offer for warehouse Reit, extends deadline
S managed by Blackstone have lowered an offer to purchase Warehouse real estate investment trust (Reit) Plc after matters uncovered in due…
Business
US: Stocks mixed as China trade tensions fuel unease
Wall Street stocks saw a mixed end to the day on Friday (May 30), as trade tensions between the United States and China heated up with…
Business
Europe: Shares end May higher as trade uncertainty persists
EUROPEAN shares closed higher on Friday (May 30), rounding off the month with gains in a still uncertain trade environment as investors…
Business
Oil finishes down on possible OPEC+ output hike
US crude futures fell on Friday (May 30) as traders expected Opec+ would decide on Saturday to boost oil output for July beyond previous…
Business
LinkedIn cuts 281 workers in California as tech layoffs continue
LinkedIn, the professional social network where people search for work, is shedding jobs. The Microsoft-owned tech company has cut 281…
Business
DeepSeek's R1 Upgrade Nears Top-Tier LLMs
DeepSeek today rolled out DeepSeek-R1-0528, an upgraded version of its R1 large language model that it says now rivals OpenAI's O3 and…
Business
Iran's spy game: How the Islamic Republic convinces Israelis to betray their homeland
INTERNAL SECURITY AFFAIRS: For a fistful of dollars, Israelis are ready to assist Iran in its war against Israel. Roy Mizrahi and Almog…
Business
Glenn Greenwald: Pulitzer-Winning Journalist's Sex Tapes Go Viral on Social Media as He Blames 'Political Enemies' Behind Scandal
Journalist Glenn Greenwald has spoken out against his "political enemies" after sex tapes involving him were shared on social media. In a…
Business
Asian Markets React to U.S. Tariff Shifts, Japan Debt Concerns and Strong Yen Pressure Stocks
Markets in Asia finished the week cautiously as investors awaited critical United States inflation figures and a continuing air of…
Business
Name Game: Shoe Carnival Is Converting More Stores to Shoe Station Banner
First quarter net sales and net income were down at Shoe Carnival Inc., but its stock rose in pre-market trading after the company…
Business
US: Wall St opens lower as Trump says China violated tariff terms
Wall Street’s main indexes opened lower on Friday (May 30) as trade worries deepened after US President Donald Trump accused China of…
Business
Saudi Aramco could tap debt markets again after US$5 billion bond sale
Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major may soon…
Business
OKP unit wins S$258.3 million LTA contract to construct new cycling paths in east
A unit of mainboard-listed infrastructure and civil engineering company OKP has won a contract worth S$258.3 million from the Land…
Business
Olam secures US$1.85 billion loan
The first tranche is a US$1.6 billion conventional loan, while the remaining US$250 million will be issued as an Islamic loan Agribusiness…
Business
Wee Hur sets up S$500 million medium-term note programme
Notes to be issued may be in Singapore dollars or any other currency, in various amounts and tenors, and may bear interest at fixed,…
Business
China's central bank injects 700 billion yuan of outright reverse repos in May
Market participants are closely watching for signals on when the PBOC will resume purchases of its own government bonds China’s central…
Business
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group…
Business
MacDermid Alpha Electronics Solutions expands Singapore production facility
Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production…