Business
Maersk raises profit outlook on strong market
Danish shipping group AP Moller-Maersk said on Monday (Oct 21) it had raised its full-year forecasts on the back of strong third quarter…
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Business
Business
Trump media revenue less than one McDonald's franchise
Former President Donald Trump's media company's quarterly revenue is less than that of an average McDonald's franchise, according to…
Business
Hefner Capital offers US$100 million, equity to buy Playboy brand
Hefner Capital, a firm led by Hugh Hefner’s son Cooper, has expressed interest in acquiring the Playboy brand from PLBY Group, according…
Business
BYD bets on Brazil agribusiness to drive sales of hybrid pickup truck
BYD has launched its sixth model in Brazil this year, gambling that its hybrid pickup truck can take on the likes of Toyota Motor and Ford…
Business
Boeing to book more than US$1 billion in wage-related costs from new labour proposal, analysts forecast
BOEING is expected to book more than US$1 billion in wage-related expenses from its proposed labour contract, analysts said. About 33,000…
Business
Strong US economy and ‘Trump trades’ boost dollar
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming…
Business
Strong US economy and ‘Trump trades’ boost greenback
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming…
Business
Syngenta seeks US$3 billion ESG loan, Asia’s biggest this year
AGROCHEMICALS giant Syngenta Group is seeking a US$3 billion sustainability-linked loan, in what would be Asia’s largest US dollar…
Business
Citic to sell stake in McDonald’s China, HK operations for US$430.3 million
CHINA’S state-owned Citic has agreed to sell its 19.23 per cent stake in the company that operates fast-food chain McDonald’s across China…
Business
Great Eastern gets further extension to Jan 24 to explore options for free float rule
GREAT Eastern Holdings now has until Jan 24, 2025, to explore options to comply with free float requirements under the Singapore…
Business
Sembcorp inks deal to produce green hydrogen with Indonesia’s PLN
The facility in Sumatra will churn out 100,000 metric tonnes of green hydrogen a year SEMBCORP Industries said on Monday (Oct 21) that its…
Business
Opinion: The risks of sharing your DNA with online companies aren't a future concern. They're here now
Turmoil at 23andMe, a company offering popular at-home DNA testing, has upset the industry. Following the resignation of every independent…
Business
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to…
Business
UBS sells its 50% stake in Swisscard to American Express
UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank’s 50 per cent stake in…
Business
ABS partnership outlines best practices for anti-money laundering audits in banks
THE Association of Banks in Singapore (ABS) has launched Singapore’s first industry-led best practice paper to enhance anti-money…
Business
Bitcoin flirts with US$70,000 after US$2.4 billion inflow into ETFs
BITCOIN pushed higher on Monday (Oct 21) as a spurt of inflows into exchange-traded funds (ETFs) for the largest digital asset as well as…
Business
Keppel and Australia’s biggest gas developer sign deal for liquid hydrogen to power Singapore data centres
Conditional agreement paves way for binding deal for Woodside Energy to supply the fuel from as early as 2030 Keppel has tied up with…
Business
Singapore shares open almost flat on Monday; STI dips 0.04%
SINGAPORE shares began Monday (Oct 21) trading nearly flat despite weekend gains in markets abroad. As at 9.02 am, the Straits Times Index…
Business
Stocks to watch: Keppel, CDL, SingPost, Sabana Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Oct 21): Source link
Business
These organizations value contributions from employees with disabilities
National Disability Employment Awareness Month is celebrated in October to recognize the value and talent that workers with disabilities…
Business
Beijing bourse plans to help smaller tech companies to list
THE Beijing Stock Exchange will help small and medium-sized tech companies with training and access to finance so they can list on the…
Business
Frasers Centrepoint Trust rides on resilience of prime suburban malls in Singapore
CEO of FCT’s manager says big is better to keep ahead of competition, sees progressive wage model increasing propensity to spend in…
Business
Singapore’s role as commodities hub increasingly crucial amid rising trade tensions, demand for compliance: market watchers
A dense network of global traders allows businesses to source from alternative markets directly from the Republic when needed AS…
Business
Singapore’s commodity hub in spotlight as it oils global market fragmented by geopolitical tensions
A dense network of global traders allows businesses to source from alternative markets directly from the Republic when needed AS…