Business
Canadian dollar falls for third week on jumbo rate cut bets
THE Canadian dollar steadied against its US counterpart on Friday (Oct 18)but was on track for its third straight weekly decline, as oil…
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Business
Business
Temasek, Saudi Arabia’s PIF rated highest for credit metrics and liquidity by Moody’s
SINGAPORE’S Temasek Holdings and Saudi Arabia’s Public Investment Fund (PIF) have the strongest intrinsic credit quality, among the 11…
Business
US stock market, economy on tenterhooks as Trump, Harris enter final stretch of campaign
The US’ creditworthiness will face problems if the peaceful transfer of power is jeopardised by violence after the election IN ALL…
Business
Sabana Reit overall portfolio occupancy up 78.8% in Q3
As at end-September, its portfolio had a weighted average lease expiry of 2.6 years, down from 2.7 years in the previous quarter SABANA…
Business
Asian IPOs set for blockbuster week as ‘animal spirits’ return
Asia’s stock markets are gearing up for their busiest week of listings in more than two years, offering a crucial test of demand as…
Business
S-Reits announce their schedule for upcoming earnings season
AROUND three-quarters of real estate investment trusts (Reits) and property trusts in Singapore have confirmed the release dates for their…
Business
Alex Bowman Reveals Odd Turn Of Events After Roval Disqualification
NASCAR driver Alex Bowman recently experienced an unexpected and unusual series of events following his disqualification from the Bank of…
Business
China Investigating why citizens "fear" having children
China has launched a national survey to better understand its citizens' reluctance or "fear" of having children, as the country grapples…
Business
Levi CFO sees a Dockers sale happening in six to nine months
LEVI Strauss is getting interest in its Dockers brand from potential buyers, according to chief financial officer Harmit Singh. “Phones…
Business
Cocoa prices help Ivory Coast win credit upgrade from S&P
HIGHER prices for cocoa and rising exports helped Ivory Coast win a credit rating upgrade from S&P Global Ratings, which boosted the…
Business
US SEC gives green light for options listing for spot Bitcoin ETFs to NYSE
THE US securities regulator has granted “accelerated approval” to 11 exchange-traded funds (ETFs) to list and trade options tied to spot…
Business
Bitcoin resumes push towards US$70,000 after setting fresh high
BITCOIN climbed for the fourth time in five days, with speculators targeting US$70,000 once again amid growing exuberance for digital…
Business
Starbucks new CEO taps fellow Chipotle alum for top marketing role
STARBUCKS on Friday (Oct 18) announced it hired food marketing veteran Tressie Lieberman to take its top marketing job, the latest in a…
Business
Cigna resumes merger discussions with Humana after talks ended last year
CIGNA Group has revived efforts to combine with its smaller rival Humana after merger talks fell apart late last year, according to…
Business
Singapore rejects crypto CEO’s PR bid; Nansen boss may relocate
SINGAPORE’S push to foster a digital-asset hub jumped back into the spotlight this week when Nansen chief executive officer Alex Svanevik…
Business
DBS CEO says only half of banks are making enough AI and tech progress
THE head of Singapore’s biggest lender said only about half of the banking industry has made sufficient progress in transforming their…
Business
Fed’s Raphael Bostic sees no need to rush on rate cuts
ATLANTA Federal Reserve Bank of Atlanta president Raphael Bostic on Friday (Oct 18) made the case for patient reductions in the central…
Business
Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook
OIL futures fell on Friday (Oct 18), declining more than 7 per cent on the week after data showed China’s economic growth slowed and…
Business
Kate Cassidy: Liam Payne's Girlfriend Breaks Her Silence after Death of One Direction 'Angel' Boyfriend as She Says She Is 'At a Complete Loss'
Kate Cassidy, Liam Payne's girlfriend, has spoken out for the first time following his death at the age of 31. Cassidy shared her…
Business
SGX RegCo reprimands former Sunrise Shares directors, CEO for breaches of listing rules
SINGAPORE Exchange Regulation (SGX RegCo) has reprimanded four former directors and the ex-CEO of Sunrise Shares for breaching listing…
Business
As Trump hits Harris on inflation, markets bet billions he'll make it worse
Wall Street is growing increasingly confident that Donald Trump will return to the White House. Billions are pouring into sectors like…
Business
Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers
Hong Kong has recorded its busiest week for new (initial public offering) IPO launches in almost two years with deals opened to raise up…
Business
StanChart sells India personal loan business to Kotak Mahindra Bank
KOTAK Mahindra Bank will buy Standard Chartered Bank’s personal loan business in India, the Indian lender said on Friday (Oct 18), leaving…
Business
AmEx profit beats estimate on robust customer spending
American Express reported third-quarter profit above Wall Street estimates on Friday (Oct 18), as higher spending on its cards offset a…