Business
Fu Yu’s largest shareholder Victor Lim reinstated as director of strategy, makes new bid for board membership
Reinstatement is in view of his ‘ability to contribute to the group’, says company Components manufacturer Fu Yu has since Nov 1…
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Business
Business
Asian markets rally again as rate cut hopes bring Christmas cheer
EQUITIES extended a global rally on Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an…
Business
Rakuten AI boss diverges from big tech in prioritising low cost
RAKUTEN Group is expanding its AI team under the stewardship of a Google veteran and building models with a focus on cost efficiency. Ting…
Business
Straits Trading launches senior living pilot in bid to grow independent living business
It aims to build an integrated independent value-chain in the senior living business Mainboard-listed The Straits Trading Company on…
Business
Straits Trading launches senior living pilot in Singapore, Malaysia
It aims to build an integrated independent value-chain in the senior living business Mainboard-listed The Straits Trading Company on…
Business
Straits Trading launches senior-living programme in Singapore, Malaysia
It aims to build an integrated independent value-chain in the senior living business Mainboard-listed The Straits Trading Company on…
Business
Australia central bank saw risk of rate rise in 2026 to contain inflation
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to 3 per cent Australia’s…
Business
Volare Group triggers mandatory cash offer for Alpha Integrated Reit at S$0.48 per unit
The move comes after Volare acquired a significant stake of AI-Reit from ESR Group Mindarie Investment, a wholly owned subsidiary of…
Business
Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit Mindarie Investment,…
Business
Mandatory offer for Alpha Integrated Reit at S$0.48 each following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit Mindarie Investment,…
Business
Saks mulls bankruptcy year after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is…
Business
Stocks to watch: CapitaLand Investment, Ever Glory United
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI):…
Business
Stocks to watch: CapitaLand Investment, Ever Glory United, Alpha Integrated Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI):…
Business
Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024 THE standoff between China and…
Business
Citigroup to boost Japan investment banking team on deal boom
Other banks are strengthening their investment banking operations in Japan as well CITIGROUP will further increase its investment banking…
Business
Electronic Arts shareholders approve US$55 billion sale to Saudis
ELECTRONICS Arts shareholders approved the US$55 billion sale of the company, a leading video-game publisher, in a deal led by Saudi…
Business
US stocks push higher while gold, silver notch fresh records
WALL Street stocks pushed higher on Monday to begin a holiday-shortened trading week, while oil prices rallied amid worsening tensions…
Business
European shares muted at start of holiday-shortened week
EUROPEAN shares were little changed on Monday, with beverage stocks weighing on the index, as investors navigated a holiday-shortened week…
Business
At High-profile Properties, Miller Capital Advisory Advances High-end Agenda
When Andrew Miller, founder and chief executive officer of Miller Capital Advisory, says his firm is in “very rarefied territory,” he…
Business
Jeffrey Epstein Is Seen in New Photos Kissing and Cuddling Minor Girls on Lolita Express as More Files Are Released
Disturbing images released as part of the Justice Department's latest batch of documents appear to show Jeffrey Epstein cuddling and…
Business
From Batch Processing to Real-Time Alerts: Rebuilding SNAP Fraud Detection
Every month, SNAP benefits reach 42 million Americans, but behind those transactions sits a system riddled with gaps. In fiscal year 2023,…
Business
Telefonica to cut 5,500 jobs with total cost of 2.5 billion euros
The Spanish carrier has signed an agreement with unions to implement the exit plans Telefonica will book a cost of 2.5 billion euros…
Business
JPMorgan is exploring crypto trading for institutional clients
It is the latest sign of banks warming up to digital assets, and considering it less as a fringe investment JPMorgan Chase is considering…
Business
Wall Street climbs as tech rebound gathers momentum
US stocks rose on Monday (Dec 22), kicking off the holiday-shortened week on a positive note, as technology stocks continued to rebound…