Business
Singapore's Tiong Bahru Market to Close for 3 Months from April 14 for Renovation
Singapore's popular Tiong Bahru Market will be closed for three months as it will undergo renovations and repairs. The National…
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Business
Business
Bybit Hit by Record $1.5 Billion Crypto Heist: North Korean Hackers Suspected in Largest Digital Asset Theft Ever
Bybit, one of the world's largest cryptocurrency exchanges, has been hacked, with analysts estimating losses of nearly $1.5 billion.…
Business
US Treasuries end week on high note on demand for safer bets
A LATE rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid…
Business
On $15 a month, Venezuela's teachers live hand to mouth
With a monthly salary of $15, a teacher in Venezuela earns nowhere near enough to cover their basic food necessities, never mind rent or…
Business
Beyond the Boardroom: Dubai’s Cultural Revolution Starts at the Office
Strolling through the eight story tall glass atrium garden at ICD’s Brookfield Place in Dubai, you might find yourself weaving through an…
Business
Oil settles down US$2, posting weekly loss as Middle East risk premium fades
OIL prices settled down more than US$2 a barrel on Friday (Feb 21), posting a weekly decline as investors grappled with a fading Middle…
Business
US dollar recovers as markets in consolidation mode; pares gains after data
THE US dollar rose against a broad range of currencies on Friday (Feb 21), partly retracing losses versus the yen as investors…
Business
US: Wall Street ends sharply lower on mounting concerns over economy, tariffs
US stocks tumbled on Friday (Feb 21), extending their sell-off in the wake of dour economic reports and closing the book on a…
Business
EXCLUSIVE: Studs Continues Retail Expansion With 10 New Stores
Studs is continuing its rapid retail growth with 10 stores opening this year. The five-year-old ear-piercing studio is opening a fleet of…
Business
Fluidstack in talks to raise $200m
Fluidstack, a British startup specialising in cloud-computing services for AI, is in discussions with investors to secure up to $200m in…
Business
Hong Leong Finance posts 10% rise in H2 profit to S$51.5 million, as net interest margin expands
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an…
Business
Disclosure-based regulatory system and investor protection ‘not mutually exclusive’: Chee Hong Tat
THE move towards a more disclosure-based regulatory system for Singapore’s equity market does not mean that protection for investors will…
Business
Riverstone posts 3.7% Q4 profit rise, proposes special dividend amid semicon recovery
GLOVEMAKER Riverstone posted a 3.7 per cent rise in net profit to RM70 million (S$21.2 million) for the three months ended December 2024,…
Business
Sats posts 123.5% rise in Q3 net profit on higher business volume, rate increases
CATERING and ground handling company Sats posted a 123.5 per cent increase in net profit to S$70.4 million for the quarter ended Dec 31,…
Business
CapitaLand India Trust to buy Bengaluru office project for 14.7 billion rupees
CAPITALAND India Trust (Clint) will purchase a 1.13 million-square-foot (sq ft) office project in Bengaluru from luxury residence…
Business
Vicom posts 11% higher H2 net profit on robust demand for vehicle testing
VEHICLE Inspection company Vicom posted 11 per cent higher net profit of S$15.2 million for the half-year ended Dec 31, 2024, from S$13.7…
Business
Singapore stocks end up on Friday as regional indices gain ground; STI expands 0.1%
SINGAPORE equities finished higher on Friday (Feb 21) amid regional gains and a flurry of earnings reports. The benchmark Straits Times…
Business
Trust Bank hits one million customers, launches investment products
SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the…
Business
EDB managing director Jacqueline Poh named JTC’s new CEO
THE Ministry of Trade and Industry (MTI) on Friday (Feb 21) announced that JTC Corporation will appoint a new chief executive officer.…
Business
StanChart CEO Winters’ 2024 pay jumps 46% on-year
The surge in total remuneration comes mainly from a nearly 78% increase in the long-term incentive award STANDARD Chartered chief…
Business
Wellness CEO Henry Davis Takes Life One Quarterly Playlist at a Time
Set aside his trajectory as an investment-banker-turned-Glossier-president and now Sakara Life chief executive officer, Henry Davis still…
Business
BCEO Talks: Michelle Peluso, CEO of Revlon
Revlon‘s newly minted chief executive officer Michelle Peluso wants to make the company unforgettable — for all the right reasons. Taking…
Business
Old clip falsely shared as showing Kenyan ex-leader's reaction to losing 2025 AUC race
Kenya’s former leader Raila Odinga lost the race to lead the African Union Commission (AUC) to Djibouti’s foreign affairs minister in…
Business
Malaysia Starbucks franchise holder triples loss on boycotts
BERJAYA Food’s hundreds of Starbucks’ subsidiary outlets across Malaysia contributed to the company’s fifth straight quarterly loss after…