Business
IMDA to probe MyRepublic for potential regulatory breaches after broadband outage
Telecom operators must provide adequate redundancy, backups and diversity arrangements within their networks, says the authority THE…
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Business
Business
Singapore shares open lower on Wednesday; STI down 0.1%
SINGAPORE stocks began Wednesday (Oct 2) trading in negative territory, mirroring overnight losses in global markets. As at 9.01 am, the…
Business
LME to approve Hong Kong for warehousing by end-2024: sources
THE London Metal Exchange (LME) is set to approve the expansion of its global metals warehousing network into Hong Kong before the end of…
Business
Stocks to watch: Sembcorp, OUE, Oxley
THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 2): Source link
Business
Barclays expects new dealmakers to take 18 months to ramp up
BARCLAYS said it expects a raft of senior dealmakers its hired in recent months to become more productive in the coming year, which…
Business
Tesla sales perk up after China boosts electric vehicle subsidy
TESLA is expected to post its first quarterly sales increase this year after car buyers in China, the world’s largest electric vehicle…
Business
Bitcoin wobbles in poor start to token’s best month historically
BITCOIN speculators banking on a seasonal October melt-up faced an early reality check as deepening tension in the Middle East drove a…
Business
US dockworkers begin strike, halting half the nation's ocean shipping
U.S. East Coast and Gulf Coast dockworkers began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting…
Business
India M&As back in action, up 14% in the first nine months of 2024
3 min read Last Updated : Oct 02 2024 | 12:42 AM IST After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per…
Business
From Maruti to Tata, auto firms prune sales to dealers over low demand
4 min read Last Updated : Oct 02 2024 | 12:18 AM IST Wholesale dispatches of passenger vehicles (PVs) in September marginally dipped to…
Business
Plutus Wealth increases shareholding in SpiceJet, buys Rs 50 cr worth share
Shares of SpiceJet jumped 6.95 per cent to close at Rs 68.13 apiece on the BSE. | Photo: Shutterstock 1 min read Last Updated : Oct 01…
Business
Trai's whitelisting norms: Majority of banks, insurers in compliance
3 min read Last Updated : Oct 01 2024 | 11:35 PM IST All national-level banks, insurers, and other financial players in both public and…
Business
Samsung to cut thousands of jobs as part of worldwide layoffs
SAMSUNG Electronics is laying off workers in South-east Asia, Australia and New Zealand as part of a plan to reduce global headcount by…
Business
Samsung’s Singapore staff not spared as it cuts thousands of jobs globally amid struggles in AI market
SAMSUNG Electronics is laying off workers in South-east Asia, Australia and New Zealand as part of a plan to reduce global headcount by…
Business
AMC shares rise up to 5% as new asset class opens revenue stream for MFs
3 min read Last Updated : Oct 01 2024 | 7:22 PM IST Shares of major asset management companies (AMCs) rose up to 5 per cent on Tuesday—in…
Business
Global borrowing binge brings record US$600 billion of bond sales
Companies and governments around the globe spent the past month streaming into debt markets, seizing on declining interest rates ahead of…
Business
Adani flagship’s US$1.3 billion share sale said to start next week
Billionaire Gautam Adani’s flagship firm plans to roll out its share sale as early as next week, according to people familiar, marking its…
Business
Birla Estates sells residential real estate worth Rs 600 cr in Bengaluru
1 min read Last Updated : Oct 01 2024 | 5:19 PM IST Realty firm Birla Estates has sold properties worth about Rs 600 crore in its new…
Business
Goldman Sachs trades £1 billion in Thames Water debt
Goldman Sachs Group executed more than £1 billion (S$1.7 billion) of trades in Thames Water’s bonds in September, as it made a market…
Business
ThaiBev revives IPO plan for beer unit, eyes potential partners
Thai Beverage is reviving plans for an initial public offering of its beer unit to take advantage of a rally in global stock markets,…
Business
Singapore shares decline amid mixed regional showing; STI down 0.1%
SINGAPORE stocks fell into the red on Tuesday (Oct 1), even asmost regional markets ended mixed. The benchmark Straits Times Index (STI)…
Business
Malaysia’s Petronas to supply gas to Sabah Electricity
MALAYSIA’S Petronas will supply gas to Sabah Electricity for power generation in the regions of Sabah and Labuan, the state-owned energy…
Business
Lufthansa aims to revive 'problem child' airline by 2026: CEO Carsten Spohr
Lufthansa is still waiting for 41 new Boeing planes to arrive, with the 777x jets on order already facing years-long delays.(Photo:…
Business
Pfizer raises US$3.2 billion by selling part of Haleon stake
Pfizer increased the number of shares to 640 million from 540 million after the sale began Pfizer has raised about US$3.2 billion from the…