Business
Wall St opens lower; defence firms up as Trump calls for budget boost
Wall Street’s main indexes opened lower on Thursday (Jan 8), as investors turned cautious ahead of Friday’s crucial nonfarm payrolls…
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Business
Business
Morgan Stanley boosts managing director ranks after dealmaking revival
Wall Street expects another strong year as equity markets hit record highs and interest rates decline Morgan Stanley elevated 184…
Business
China Aviation Oil confirms Sinopec merger with parent CNAF
State administrators have given the nod for the merger following deliberation, says CAO The parent company of China Aviation Oil (CAO)…
Business
DBS lays groundwork for significant risk transfers: sources
South-east Asia’s largest bank held preliminary talks with funds investing in SRTs DBS Group Holdings is weighing a foray into the market…
Business
India defends antitrust penalty law in Apple fight
The watchdog says it could compute penalties from global turnover, but only sought “India-specific financial details” A law used to…
Business
Subsidiaries of Dasin Retail Trust manager receive court summons over Companies Act breaches
Charges involve failing to hold AGMs and lodge financial results for FY2022 and FY2023 Four subsidiaries of Dasin Retail Trust’s…
Business
Subsidiaries of Dasin Retail Trust manager receive court summonses over Companies Act breaches
Charges involve failing to hold AGMs and lodge financial results for FY2022 and FY2023 Four subsidiaries of Dasin Retail Trust’s…
Business
Units of Dasin Retail Trust manager receive court summonses over Companies Act breaches
Charges involve failing to hold AGMs and lodge financial results for FY2022 and FY2023 Four subsidiaries of Dasin Retail Trust’s…
Business
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Shareholders of Hang Seng Bank on Thursday (Jan 8) voted for a plan floated by its majority owner HSBC to take the bank private, in a…
Business
Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy said on Thursday (Jan 8) that it has completed its acquisition of majority stakes in two Indonesian…
Business
Singapore stocks track regional decline; STI down 0.2%
Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands Singapore stocks…
Business
Singapore stocks track regional declines; STI down 0.2%
Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands Singapore stocks…
Business
Inside Singapore’s AI bootcamp to retrain 35,000 bankers
The Government is working hand in glove with the country’s largest banks to teach new technology skills Kelvin Chiang knew the five…
Business
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America The Japanese operator of the Uniqlo clothing brand, Fast…
Business
UI Boustead said to seek US$700 million Singapore IPO in March
The real estate investment trust unit of Boustead Singapore will begin taking investor orders as soon as next month UI Boustead Reit is…
Business
Nvidia requires full upfront payment for H200 chips in China: sources
The US chipmaker imposes strict terms, demanding full payment with no cancellations, refunds or changes [BEIJING/SHANGHAI] Nvidia is…
Business
Sumitomo’s energy arm may set up LNG trading desk in Singapore
The energy trading arm of Sumitomo Corp is considering setting up an LNG desk in Singapore, the latest move by the Japanese company to…
Business
Indonesian independence celebrations falsely shared as Christmas Day event at Jakarta mosque
Old footage of an event at the Istiqlal Mosque in Jakarta to commemorate Indonesia's independence has resurfaced in posts falsely claiming…
Business
The world’s copper squeeze is set to intensify on AI and defence spending: S&P
The race for artificial intelligence (AI) and surging defence spending are set to intensify a projected shortage of copper as producers…
Business
CPIB says ‘no further action’ against Nam Lee MD over whistle-blower report
This comes ahead of extraordinary general meeting called to oust company executive director and chairman The Corrupt Practices…
Business
‘No further action’ by CPIB against Nam Lee MD over whistle-blower report
This comes ahead of extraordinary general meeting called to oust company executive director and chairman The Corrupt Practices…
Business
Grab, Chinese automaker GAC to deploy 20,000 EVs across South-east Asia
It will involve the introduction of three of the Chinese player’s models – Aion Y, Aion ES, and Aion V – across the region Ride-hailing…
Business
Young Singaporeans still prefer human advisers over digital tools for insurance products: survey
Young adults in Singapore continue to favour human advisers over digital tools when it comes to insurance decisions, even as the…
Business
Young Singaporeans prefer human advisers over digital tools for insurance: survey
In addition, more than six in 10 prefer clear planning over spontaneity when it comes to financial planning, says Prudential Young adults…