Business
China’s US$7 trillion cash pile is shifting into stocks, gold
With rates now sliding towards 1%, that capital is increasingly looking for a new home. CHINESE households are scouring for…
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Business
Business
Shiseido faces tough turnaround after costly cosmetics stumbles
The company has embraced a turnaround plan that involves drastic cost-cutting and a refocus on its luxury brands Shiseido, once a…
Business
Can the Singapore market support growth stocks?
Despite the STI outperforming the S&P 500 in the last five years, investors continue to cast doubt on buying growth “Can Asians think?” A…
Business
Don’t meddle with GIC, Temasek’s mandates
But, more granular information about their performance could help foster trust among their stakeholders Several questions were raised in…
Business
Nasdaq-listed eToro to roll out SGX stocks on platform in Asia expansion push
Nasdaq-listed investment platform eToro is stepping up its focus on the Asia-Pacific as a key area for future growth, with Singapore…
Business
Sovereign wealth funds join clamour for private credit in EMs
A record wave of private credit deals across emerging markets (EMs) looks set to extend this year, with a host of institutional and…
Business
From accountant to IR chief: RWS CEO on why she wants to create ‘a new first impression’
Genting veteran Lee Shi Ruh is leading the massive transformation of the Sentosa integrated resort There is certainly quite a different…
Business
‘No reasons to own’: Software stocks sink on fear of new AI tool
Sell-off has exacerbated an already yawning gap between the performance of software companies and other areas of the tech sector THE new…
Business
Micron to buy Taiwan chip fabrication site for US$1.8 billion
The investment is part of Micron’s global expansion as it seeks to meet continued demand for memory chips Micron Technology has signed a…
Business
Located in Plentong, the 7,500 square store is the company’s third retail outlet in Malaysia
Situated in Plentong, the 7,500 sq ft store is the company’s third retail location in Malaysia Automotive accessory and tyre company…
Business
JPMorgan confirms Trump assertion that bank CEO Dimon was not offered Fed chair job
JPMorgan CEO Jamie Dimon on Saturday (Jan 17) confirmed he was not asked to be Federal Reserve chair, hours after US President Donald…
Business
Creative’s new CEO is no Sim Wong Hoo – but he shouldn’t strive to be
New chief Sim Li Ern’s main task is to convince investors that the company still has viable businesses Sim Li Ern, the nephew of the late…
Business
International oil companies push for quick reforms in Venezuela to give them control over oil exports
The companies are also seeking to remove extra taxes introduced by the government Oil executives and lawyers for international oil…
Business
Bank of Japan keeps yen watchers on edge for rate-hike clues
Yen weakness and negative real rates risk fuelling inflation, leaving the BOJ behind the curve The upcoming Bank of Japan (BOJ) meeting…
Business
China’s new tech stock boom leaves its economic malaise behind
Momentum may gain further support as DeepSeek rolls out a new AI model and China unveils a tech-focused five-year plan Nearly a year after…
Business
OpenAI to test ads in ChatGPT in bid to boost revenue
The move marks a major departure for the company that had so far relied on subscriptions OpenAI said it would start showing ads in ChatGPT…
Business
Net institutional inflow continues; QAF, XMH, JEP directors raise their stakes
For the five trading sessions spanning Jan 9 to 15, institutions were net buyers of Singapore stocks, with net institutional inflow of…
Business
Singapore: 5 People Charged Over Money Mule, Scam-Related Offences, Including Misuse of Singpass Accounts
Five people aged between 18 and 32 were charged in court on Friday, January 16, for their alleged involvement in a series of money mule…
Business
Vietnam Seeks US$5.5B in Foreign Loans to Accelerate Infrastructure Push in 2026
Vietnam plans to raise about US$5.5 billion in foreign loans in 2026 as it looks to fast-track major national infrastructure projects and…
Business
Musk seeks up to US$134 billion damages from OpenAI, Microsoft
ELON Musk wants OpenAI and Microsoft to pay him damages in the range of US$79 billion to US$134 billion over his claims that the…
Business
Nvidia H200 chip parts suppliers halt output after China blocks shipments, FT reports
SUPPLIERS of parts for Nvidia’s H200 have paused production after Chinese customs officials blocked shipments of the newly approved…
Business
Google asks US judge to defer order forcing it to share data with rivals while it appeals
ALPHABET’S Google asked a judge on Friday to postpone making the company share data with rivals while it challenges a ruling that the…
Business
Venezuelan banks will get US$300 million of oil money to sell on exchange market: sources
FOUR Venezuelan banks were notified this week by the country’s government that they will split US$300 million of oil revenues deposited in…
Business
Saks Global Unlocks $500M in Bankruptcy Funding
Saks Global has some dough again — and just in time. The retailer, which filed for bankruptcy late Tuesday and was relying on the good…