Business
Singapore stocks edge higher, tracking regional bourses; STI up 0.9%
Local shares closed higher on Monday (Dec 22), tracking regional bourses. The benchmark Straits Times Index (STI) rose 0.9 per cent or…
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Business
Business
SingPost’s 2024 fraud incident allegedly involved e-commerce shipments bound for Canada
More details have emerged about Singapore Post’s (SingPost) parcel delivery fraud incident that came to light in 2024. The Business Times…
![Tylor Chase: Former Nickelodeon Star Is Seen Homeless on Los Angeles Streets in Heartbreaking Video [WATCH]](https://data.ibtimes.sg/en/full/84590/tylor-chase.jpg?w=800&h=420)
Business
Tylor Chase: Former Nickelodeon Star Is Seen Homeless on Los Angeles Streets in Heartbreaking Video [WATCH]
Former Nickelodeon actor Tylor Chase was recently seen homeless in a heartbreaking video that has since gone viral. Chase, 36, who played…
Business
China’s power reforms, global data centre buildout usher in battery boom
A revamp of China’s electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for…
Business
China to scrub small overdue debts from credit records to help spur lending
China’s central bank on Monday unveiled a one-off credit repair scheme to allow overdue personal debts of up to 10,000 yuan (S$1,835)…
Business
Uber teams up with Baidu to start robotaxi trials in UK
Global robotaxi rollouts are accelerating, with Chinese companies and Alphabet’s Waymo leading the charge Uber Technologies said that it’s…
Business
AI, liquidity to drive Asia markets in 2026 amid US fiscal risks: Schroders
The technology sector remains the cornerstone of Schroders’ bullish thesis for the region In 2025, US fiscal and geopolitical headwinds…
Business
Asia: Markets rally with Wall Street as rate hopes rise, AI fears ease
ASIAN markets rallied on Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts, while…
Business
From Amazon to DBS: AI is driving the thousands of pink slips being issued to staff
The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of jobs have or will be axed by…
Business
From Amazon to DBS: AI is driving thousands of job cuts worldwide
Global banks alone will cut as many as 200,000 jobs in the next three to five years The global march of artificial intelligence (AI)…
Business
Uniqlo’s owner boosts new graduate pay as Japan faces inflation
UNIQLO owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12 per cent, stepping up efforts to secure…
Business
Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
Spot gold surged to a record high of US$4,383.73 per ounce on Monday, lifted by expectations of further US Federal Reserve rate cuts after…
Business
Gold, silver hit record highs on Fed rate-cut bets
Gold and silver hit record highs on Monday (Dec 22) as softer US labour data and a tame inflation reading fuelled bets the Federal Reserve…
Business
Gold smashes past US$4,400, silver hits record as rate cut bets fuel rally
Bullion has surged nearly 68% this year, marking its biggest annual rise since 1979 Gold crossed the US$4,400-per-ounce level for the…
Business
China consumer shares hit record losing streak on weak demand
Chinese consumer stocks are headed for their longest-ever stretch of annual underperformance, and analysts expect the trajectory to…
Business
CNMC Goldmine shares fall 7.3% on extra tax, penalty in Malaysia
A Malaysian unit of CNMC Goldmine is facing additional income tax and a penalty worth RM29.6 million Shares of Catalist-listed CNMC…
Business
CNMC Goldmine shares fall 1.8% on extra tax, penalty in Malaysia
Shares of Catalist-listed CNMC Goldmine fell as much as 7.3 per cent on Monday (Dec 22) as investors reacted to its Malaysian unit facing…
Business
Li Ka-shing is remaking his empire as a generational shift looms
Li Ka-shing and his family set in motion a series of deals this year that stand to completely transform his business empire. The Hong Kong…
Business
How UOB’s Wee Ee Cheong masters the long game
WEE Ee Cheong, the third-generation UOB chief, recently posed a question to AI: what will UOB’s market capitalisation be in ten years? The…
Business
Seatrium, Maersk vessel contract dispute to be resolved with US$360 million payment
Offshore, marine and energy specialist Seatrium announced on Monday (Dec 22) that it has reached an agreement with a buyer, Maersk…
Business
Seatrium, Maersk vessel contract dispute resolved with US$360 million payment
Offshore, marine and energy specialist Seatrium announced on Monday (Dec 22) that it has reached an agreement with a buyer, Maersk…
Business
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
Offshore, marine and energy specialist Seatrium has reached an agreement with buyer Maersk Offshore Wind’s affiliate Phoenix II, for the…
Business
Stocks to watch: Seatrium, CNMC Goldmine, Singapore Paincare
The following companies saw new developments that may affect trading of their securities on Monday (Dec 22): Seatrium: Seatrium announced…
Business
Chinese chipmakers race to IPO after back-to-back listings surge
Chinese chipmakers are rushing to the initial public offering (IPO) market, raising funds that are key to the nation’s goal of…