Business
LVMH’s subdued sales temper hopes for a rapid luxury rebound
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury…
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Business
Business
HSBC plans biggest investment banking retrenchment in decades
HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday (Jan 28), accelerating a…
Business
Microsoft shares slide as cloud forecast, AI spending disappoint
MICROSOFT on Wednesday (Jan 29) forecast disappointing growth in its cloud computing business, sending its shares down more than 5 per…
Business
IBM beats profit estimates as AI shift boosts software performance, shares surge
THE International Business Machines Corporation (IBM) surpassed fourth-quarter profit estimates on Wednesday (Jan 29), driven by robust…
Business
ACLU calls on Brown University to reinstate Pro-Palestine student group
A Palestinian flag is seen on a bicycle outside Sayles Hall at Brown University on April 30, 2024. (Photo by Alexander Castro/Rhode Island…
Business
Toronto waterfront revitalisation plan gets $680m funding
The governments of Canada and Ontario, and the City of Toronto have jointly announced a investment of C$975m ($679.5m) to expedite…
Business
Who can share seeds? As climate change and counterfeits hurt Kenyan farmers, it's a growing question
KIKUYU, Kenya (AP) — Tucked away in a lush, forested area of central Kenya's Kikuyu town, the National Seed Bank stands as a crucial…
Business
Texas Business Boom: Start Your LLC Without the Headache
Thinking about starting a business in Texas? You’re not alone. With its booming economy and business-friendly climate, Texas is a top…
Business
US markets: Stock buyers step in to boost tech after AI jolt
The world’s largest technology companies climbed after a selloff that shook markets around the globe, with traders gearing up for the…
Business
Construction companies need to collaborate and plan better as demand climbs
Poaching and project delays could plague the sector as it faces a greater strain on manpower and resources STRONG growth in construction…
Business
Logan Group says creditors holding 66% debt have agreed to overhaul plan
DEFAULTED Chinese developer Logan Group said creditors holding over 66 per cent of the group’s US$6.2 billion offshore debt have signed an…
Business
World’s richest people lose US$108 billion after DeepSeek sell-off
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion on Monday (Jan 27) as a tech-led…
Business
Who is Liang Wenfeng: The geek behind DeepSeek?
The rise of Chinese artificial intelligence (AI) firm DeepSeek caused a meltdown in US tech stocks on Monday (Jan 27). Nvidia on Monday…
Business
Business Owner Salaries Revealed: The Shocking Truth
Ever wondered what the average business owner salary looks like? It’s not always the glamorous figure you might imagine. Many business…
Business
Singapore shares rise before Chinese New Year break; STI up 0.1%
SINGAPORE stocks ended higher on Tuesday (Jan 28), before markets closed for the Chinese New Year break. At the close, the Straits Times…
Business
Trust Fund Baby? Here's How to Actually Set One Up
Trust funds might sound like something only the super-rich deal with, but they’re actually a smart way for any parent to plan for their…
Business
Aims Apac Reit’s 9M DPU rises 1.1% to S$0.0707
THE manager of Aims Apac Reit (AA Reit) on Tuesday (Jan 28) posted a 1.1 per cent increase in distribution per unit (DPU) to S$0.0707 for…
Business
Why Chinese AI company DeepSeek is spooking investors on U.S. tech
Major U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese artificial intelligence startup DeepSeek…
Business
US: Wall St opens sharply lower as China's AI push rattles Big Tech
Wall Street’s main indexes opened lower on Monday (Jan 27), as the surging popularity of a low-cost Chinese artificial intelligence model…
Business
Keppel Reit H2 2024 DPU falls 3.4 per cent to S$0.028; manager confident of strong Singapore office demand
DPU fall comes despite a 13.6% increase in H2 FY2024 net property income to S$105.1 million THE manager of Keppel Real Estate Investment…
Business
PwC study says electric vehicles sales up in 2024, but Germany slips
The logo of the auditing company PWC, taken in Manhattan. Worldwide sales of battery electric vehicles (BEVs) grew last year to 10.4…
Business
ECB to cut rates again, with a nervous eye on Trump - The Business Times
EUROZONE rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track…
Business
With the Fed likely to stay pat on rates, investors will scrutinise every detail for any deviation on policy - The Business Times
This time, unlike at previous high-stakes meetings, no one expects to see any surprises THE US Federal Reserve is so likely to leave…
Business
With the Fed likely to stand pat on rates, investors will scrutinise every detail for any deviation on policy
This time, unlike at previous high-stakes meetings, no one expects to see any surprises THE US Federal Reserve is likely to leave interest…