Section
Business
Advisory firm Glass Lewis backs Toyota chairman re-election
Akio Toyoda’s position at the automaker has come under scrutiny over governance concerns Advisory firm Glass Lewis has recommended…
Salesforce is back in talks to acquire Informatica
Salesforce is in talks to acquire software company Informatica, rebooting a pursuit that fell through last year, sources familiar with the…
Oracle to buy US$40 billion of Nvidia chips for OpenAI’s US data centre: report
Oracle will spend around US$40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data centre, the Financial Times (FT)…
China’s GAC starts auto sales in Brazil, eyes local plant by late 2026
Chinese automaker GAC announced on Friday (May 23) its product launch in Brazil, saying it expects its line of hybrid and electric cars to…
Sea ice data does not disprove warming in Antarctica
Social media posts are claiming to disprove the effects of climate change in Antarctica by comparing the amount of sea ice extent observed…
Trump scores a string of victories but Americans' economic frustrations aren't going away
President Trump heads into the summer of 2025 having racked up a series of second-term wins. However, he also roiled the stock market with…
Activists Know How to Stop Sexual Violence in the Garment Supply Chain. Will Brands Buy In?
Women across South and Southeast Asia are demanding an end to gender-based violence and harassment in the garment supply chain, which they…
The Bond Market’s Revenge
The U.S. had been leading a global movement of fiscal irresponsibility, and now bond traders are telling everyone that time’s up. Source…
Trump’s Crypto Dinner Guests Admit They’re Trying to Buy Him Off
“It’s kind of a fund-raiser” for Mr. Trump, Korean crypto executive Sangrok Oh and another dinner attendee, told the Times. “And he’ll…
5 Investing Mistakes Young Entrepreneurs Should Avoid
Under30CEO is a publication dedicated to young people dreaming big. Since its founding in 2008, the site has been committed to inspiring,…
Here’s What Happened at Trump’s Shady Cryptocurrency Dinner
Crypto-investors anonymously shelled out a total $148 million to purchase access to Donald Trump, but all they got was a low-quality…
Want to Be a CEO Someday? These Five Success Moves Could Make All the Difference
CEO success isn’t just about a fancy title or corner office views. It’s about leading with vision, navigating pressure with clarity, and…
RBI’s record US$31.6 billion payout to bolster government finances
A bonanza from the central bank will help meet the government’s 4.4% fiscal deficit target for the current financial year India’s central…
The Hour Glass H2 profit falls 6% to S$74.4 million on increased operating expenses
The Hour Glass has reported a 6 per cent drop in net profit to S$74.4 million in the six months ended March 2025, from S$79.5 million in…
Trust Bank’s FY2024 loss narrows to S$93.4 million
Deposit balances double to S$3.8 billion, from S$1.9 billion a year ago, attributable to the launch of Trust+ Trust Bank on Friday (May…
Sats Q4 profit rises 18.3% to S$38.7 million
In-flight caterer Sats on Friday (May 23) reported net profit of S$38.7 million for the three months ended Mar 31, 2025, gaining 18.3 per…
Manulife US Reit gets nod to extend asset disposal deadline to Dec 31
The manager of United States office real estate investment trust (Reit) Manulife US Reit (MUST) on Friday (May 23) announced it has…
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that…
STI inches up on Friday, tracking regional indices
The Straits Times Index (STI) edged up on Friday (May 23), tracking regional indices. The STI closed up 0.1 per cent or 2.33 points at…
Eco-Shop jumps on debut, minting a new Malaysian billionaire
Shares of discount-chain Eco-Shop Marketing gained on their debut on Friday (May 23) as Malaysia’s biggest initial public offering of the…
Great Eastern gets another extension to Jun 8 to announce plan to restore free float
It will update shareholders on the finalised proposal shortly, no later than Jun 8 Great Eastern Holdings has been granted yet another…
Cyclical, structural factors can affect current advantage of US dollar assets although outlook is stable for now: MAS chief
The outlook for the structural advantage of US dollar assets looks to be relatively stable at present, said Monetary Authority of…
RedBird Capital agrees to a £500 million deal to buy UK’s Telegraph newspaper
The current government’s decision to allow foreign state-owned investors to own up to 15% of British newspaper publishers helped unlock a…