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…
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Business
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…
Business
P&G misses quarterly sales estimates on weakening demand in US, China
PROCTER & Gamble missed Wall Street expectations for first-quarter sales on Friday (Oct 18), as consumers in its major markets, the US and…
Business
Fuji Soft board supports KKR buyout offer: Nikkei
THE board of Japan’s Fuji Soft has decided to stick with a 558.4 billion yen (S$4.9 billion) buyout offer from KKR, the Nikkei newspaper…
Business
Dog takes "calming treat" but they work a little too well
A woman gave her dog a calming treat, but it worked a little too well—sending internet users into hysterics as the video racked up…
Business
China approves BNP Paribas, Prudential insurance ventures
CHINA has approved separate insurance units to be set up by BNP Paribas and Prudential Financial, a regulator said on Friday (Oct 18), as…
Business
Big Nomura clients halt trades with firm over manipulation case
SOME of Japan’s largest financial institutions have halted trading securities with Nomura Holdings as the fallout from its market…
Business
China central bank chief flags more interest rate cuts
CHINA’S central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be cut further by 25 to…
Business
Asia: Markets swing as China economic growth slows
ASIAN markets fluctuated on Friday (Oct 18) after China posted its weakest economic growth in a year and a half, as gold prices hit a…
Business
China’s mega banks trim deposit rates as stimulus hits profits
CHINA’S largest state-owned lenders have cut their deposit rates on Friday (Oct 18), their second reduction this year as they rushed to…
Business
Singapore shares open higher on Friday; STI up 0.1%
SINGAPORE shares started trading in positive territory on Friday (Oct 18), mirroring overnight gains in the Europe market. As at 9.01 am,…
Business
Keppel DC Reit Q3 DPU up 0.4% at S$0.02501
KEPPEL DC Reit posted a distribution per unit (DPU) of S$0.02501 for the third quarter ended Sep 30, up 0.4 per cent from S$0.02492 in the…
Business
Sam Altman’s rebranded Worldcoin ramps up iris-scanning crypto project
WORLDCOIN, a cryptocurrency project founded by OpenAI CEO Sam Altman, said on Thursday (Oct 17) it was rebranding to World Network and was…
Business
Blackstone tops profit estimate as its assets hit record, dealmaking picks up
BLACKSTONE beat Wall Street’s expectations on its key quarterly earnings metric on Thursday (Oct 17), as the world’s largest alternative…
Business
Ray-Ban maker EssilorLuxottica misses sales expectations as China slows
FRANCO-ITALIAN eyewear maker EssilorLuxottica, opens new tab missed third-quarter revenue expectations on Thursday (Oct 17), dented by a…