Business
Singapore banks, insurers in ‘good position’ to withstand severe macrofinancial shock: MAS
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S…
Section
Business
Business
Cygnett Hotels & Resorts opens new property in Kharagpur, West Bengal
Cygnett Hotels & Resorts has inaugurated Cygnett Inn Kharagpur in West Bengal, marking a significant step in its Indian market expansion…
Business
Tourist not prepared for view behind bedroom curtain in Venice Airbnb
An unusual view hidden behind a curtain at an Airbnb venue in Venice, Italy, has baffled users on Reddit. Images of the view were shared…
Business
Man finds rare 89 million-year-old tooth of ancient hunter in Texas cave
A man has wowed internet users with his fascinating discovery, showing an incredibly old tooth belonging to an ancient animal in a cave in…
Business
Citi appoints ex-BlackRock portfolio manager Kate Moore as CIO
GLOBAL bank Citigroup announced on Wednesday (Nov 27) that it has appointed former BlackRock portfolio manager Kate Moore as its chief…
Business
Current higher yields on Singapore Savings Bonds and Treasury Bills unlikely to last: analysts
December tranche gives a 10-year average return of 2.81%; sees S$164.8 million in applications versus S$600 million on offer THE latest…
Business
Most Singapore companies able to service debt despite higher interest expense: MAS
DESPITE higher interest expenses, most companies in Singapore have been able to generate enough earnings to service their debt, said a…
Business
Apple misses out on big 2024 smartphone market rebound: study
GLOBAL smartphone sales rebounded strongly in 2024 after two successive years of decline, but Apple barely managed growth, an independent…
Business
Thai Airways plans 44 billion baht share sales to exit debt plan
THAI Airways International expects to raise as much as 44 billion baht (S$1.7 billion) from a share rights offering, the carrier’s final…
Business
Vitasoy ‘open to collaboration’ as takeover speculation mounts
VITASOY International Holdings is “open” to potential business collaboration opportunities, chief executive officer Roberto Guidetti said,…
Business
Philip Ng raises stake in Vitasoy, prompting speculation of takeover
CEO Roberto Guidetti says it’s ‘open’ to potential business collaboration as company’s shares jumped the most on record VITASOY…
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…
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.…