Business
TotalEnergies wins 21-year deal to power Google data centres in Malaysia
The power supply contract is expected to take effect in the first quarter of next year France’s TotalEnergies said on Tuesday (Dec 16) it…
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Business
Business
Thai central bank is 'taking action' on baht, worried by rapid rise
Thailand’s central bank has taken action to tackle the appreciation of the baht, governor Vitai Ratanakorn said on Tuesday (Dec 16). It is…
Business
China AI chip firm Biren to launch Hong Kong IPO in coming weeks: sources
The company is banking on rapid growth as China seeks to develop domestic alternatives to US semiconductors [BEIJING/HONG KONG] Chinese…
Business
DBS, OCBC hit new records but UOB lags
The new records follow DBS’ appointment by the Chinese central bank to be the first local bank to serve as a yuan clearing lender Shares…
Business
Stock investing in 2026 demands diversification, active approach amid AI boom, geopolitical risks
Markets across Asia are likely to benefit from recent Fed rate cuts as well as a weaker US dollar Diversification and active management…
Business
Philippine wealth fund to invest in port company Asian Terminals
The Philippine sovereign wealth fund has pursued a few deals since its inception in 2023 Philippine sovereign wealth fund Maharlika…
Business
Asian markets retreat ahead of US jobs as tech worries weigh
ASIAN markets extended losses with Wall Street on Tuesday as investors jockeyed for position ahead of key US jobs and inflation data,…
Business
Economists at CBA, NAB call for Australia February rate hike
RBA Governor Michele Bullock has ruled out further policy easing last week after keeping rates steady The Commonwealth Bank of Australia…
Business
Gold edges higher on US rate outlook; silver dips but stays near record high
Gold prices edged higher on Tuesday (Dec 16), supported by expectations of a US interest rate cut in January, as investors awaited key…
Business
JPMorgan debuts first money market fund tokenised on Ethereum
MONY, open to qualified investors, allows them to earn a yield while holding the token on the blockchain JPMorgan Chase’s asset management…
Business
JPMorgan lets rich European clients borrow against luxury cars
The Wall Street giant’s private bank will give clients the option of borrowing against classic, rare or custom-designed automobiles…
Business
McKinsey plots thousands of job cuts in slowdown for consulting industry
The firm’s revenue growth has flatlined in the last five years, leading to a reset after rapid hiring over the prior decade As McKinsey…
Business
IndiGo chaos unmasks fragility of India’s aviation market
The crisis that has engulfed the airline, and led to more than 580,000 passengers being stranded In a matter of days, the reputation of…
Business
Stocks to watch: Singapore Airlines, CSE Global, ST Engineering
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 16): Singapore Airlines (SIA):…
Business
Stocks to watch: Singapore Airlines, CSE Global, ST Engineering, Raffles Education
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 16): Singapore Airlines (SIA):…
Business
Bjak founder weighs IPO as Malaysia insurtech expands abroad
Bjak, Malaysia’s largest online insurance aggregator, is mulling an initial public offering (IPO) within the next two years as it seeks to…
Business
Elon Musk’s fortune soars above US$600 billion on new SpaceX valuation
The company is the biggest player in the orbital launch industry with its Falcon 9 rockets Elon Musk’s wealth has reached a new high,…
Business
PayPal applies to become a bank as us loosens regulatory reins
PayPal Holdings applied to become a bank in the US, looking to take advantage of the Trump administration’s openness to…
Business
How Esther Perel Became the Modern Relationship Whisperer
Esther Perel is part of our 2025 Wellness Creator Awards, a.k.a. The Healthies. See the full list here. Perhaps the best evidence that…
Business
As AI writes code, Singapore firms hunt for ‘commercially ready’ tech talent
The talent shortage is especially pronounced in specialised and regulated sectors such as finance and cybersecurity Technical proficiency…
Business
GM strikes deal to put Apple Music in all of its new vehicles
General Motors (GM) has cut a deal with Apple to bring the Apple Music app into Chevrolet and Cadillac models starting on Monday (Dec 15),…
Business
Ford scales back EV ambitions, forecasts US$19.5 billion write-down
The company will focus on a family of smaller, affordable electric vehicles instead FORD on Monday announced a major retreat from large…
Business
Prediction markets will see five-fold growth by 2030: analysts
Sports gambling companies have recently made moves to offer event contracts so they can compete Prediction markets companies are likely to…
Business
Nasdaq seeks to extend trading hours, as Wall Street gears up for 24/7 move
Trading hours of stocks and exchange-traded products to be expanded from 16 hours to 23 hours, five days a week Nasdaq, one of the world’s…