Business
CrowdStrike raises annual forecast on steady cybersecurity demand
CYBERSECURITY firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue on Tuesday (Nov 26), betting…
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Business
Business
Gold prices barely move ahead of US inflation data
GOLD was little changed on Wednesday (Nov 27), as investors awaited US inflation data for clues on the scale of a possible Federal Reserve…
Business
China Oct industrial profits narrow decline but demand remains weak
By Qiaoyi Li, Joe Cash and Liangping Gao BEIJING (Reuters) -China's October industrial profits narrowed their earlier declines, helped by…
Business
Singapore shares rise at Wednesday’s open; STI up 0.3%
SINGAPORE stocks began trading higher on Wednesday (Nov 27), despite US president-elect Donald Trump’s tariff threat on major trading…
Business
Blockbuster Red Sox-White Sox Trade Proposal Sends Ace To Boston For Haul
The Boston Red Sox are rumored to be one of the most aggressive teams in the league this winter in terms of pursuing talent. The team is…
Business
Stocks to watch: SingPost, Elite UK Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 27): Singapore Post (SingPost):…
Business
Bolivia announces $1 bn deal with China to build lithium plants
The plants are to be situated in Bolivia's vast Uyuni salt flats (Aizar RALDES) Bolivia said Tuesday it had signed a $1 billion deal with…
Business
Couche-Tard not giving up on bid to acquire 7-Eleven’s owner
CANADIAN convenience store and fuel retailer Alimentation Couche-Tard remains committed to snapping up its Japanese rival Seven & i…
Business
Netflix defeats shareholder lawsuit over growth forecasts
NETFLIX won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber…
Business
Chinese Courier SF Holding to start trading after HK$5.83 billion Hong Kong IPO
CHINA’S SF Holding’s shares are set to debut in Hong Kong on Wednesday (Nov 27), in what is expected to be the city’s final test for major…
Business
Dell reports sales that miss estimates on setback for PC market
DELL Technologies reported worse-than-expected sales after a budding revival in the personal computer (PC) market stalled out. Fiscal…
Business
US Fed minutes show officials prefer future rate cuts to be gradual
US FEDERAL Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and…
Business
Dow offers investors a chance to diversify in US’ post-election upswing
WITH the Republican Party poised to take full control of the US government, the American stock market could be set for a bullish forecast.…
Business
Nigerian economy surpasses expectations
Nigeria’s gross domestic product grew by 3.46% in the third quarter, surpassing expectations as its services sector expanded at its…
Business
Veteran Ethiopian politician’s interview about nationalism taken out of context
Earlier this month, prominent Ethiopian politician Lencho Leta spoke to local media about his political journey. An edited video of his…
Business
Disney agrees to pay $43 million to settle lawsuit over women's pay
Walt Disney Co. has agreed to pay $43.3 million to resolve a long-running lawsuit brought by a group of female employees who alleged…
Business
India's Andhra Pradesh state likely to suspend Adani power deal
India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the US indictment of the group’s…
Business
Singapore Post in exclusive talks for Australia business sale
Singapore Post’s Australian business had posted a revenue of S$574.8 million in the half year ending Sept 30, up from S$398.8 million a…
Business
Citigroup slashes promotions as it seeks to overhaul bank, FT reports
CITIGROUP is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink…
Business
Indonesia rejects Apple’s US$100 million investment offer
Tech giant has not met the government’s requirements when compared with its investments in other countries, says industry minister…
Business
Americans will throw out 316 million pounds of food on Thanksgiving. Here's how it fuels climate change
Mexico City — Each day, an army of trucks delivers tens of thousands of pounds of fresh fruit and vegetables to Mexico City’s Central de…
Business
Fireworks imports continue to rise in Germany after pandemic-era ban
The amount of fireworks being imported into Germany remains noticeably below the pre-coronavirus pandemic levels, although it has risen so…
Business
SingPost should quickly cut borrowings by divesting its non-core properties now
Over the past two years, the group has shuttered 12 post offices, leaving another 44 that are located at SLA properties, ground floors of…
Business
Maybank’s Q3 net profit rises 7.6% to 2.5 billion ringgit
MAYBANK’s net profit for the third quarter ended Sep 30, 2024, amounted to 2.5 billion ringgit (S$770 million), up 7.6 per cent from 2.4…