Business
3M to return US$10 billion to shareholders, reiterates sales forecast
3M also reaffirmed its annual forecast of organic sales growth in the range of 2% to 3% 3M Co said on Wednesday (Feb 26) it would return…
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Business
Venus Williams Teams Up With Walking App WeWard to Fight the Inactivity Crisis
Venus Williams wants to get people walking. The tennis star, who recently released her health-focused book “Strive,” has joined the app…
News
Sudan military plane crashes in residential area
At least 46 people have been killed and 10 others injured after a Sudanese military plane crashed in a residential neighbourhood in…
Business
Yangzijiang Shipbuilding H2 profit up 50.5% at 3.6 billion yuan
YANGZIJIANG Shipbuilding reported a net profit of 3.6 billion yuan (S$659.3 million) for the second half ended Dec 31, 50.5 per cent…
Business
Indonesia, home to giant gold mine, launches bullion banking
INDONESIA has launched its first bullion banks in a bid to draw tonnes of privately held gold into the financial system of South-east…
News
Funeral procession for Bibas family under way in Israel
A public funeral procession for Israeli hostages Shiri Bibas and her two young sons, who were killed in captivity in the Gaza Strip, got…
Business
Billionaires should do more to list their businesses on SGX.
LAST week, there was a raft of measures unveiled to spur equities market development here. A S$5 billion equity market development…
Fashion
Ambush to Launch Its First Coffee Table Book During Paris Fashion Week
PARIS — It took Yoon Ahn and Verbal several years to put together their first book on Ambush, but as far as the duo are concerned, the…
Business
Singapore shares fall as company earnings disappoint; STI down 0.2%
Across the broader market, gainers beat losers 330 to 236, after 1.5 billion securities worth S$1.7 billion change hands SINGAPORE stocks…
Business
OCBC conservative about FY2025 targets amid trade tensions, uncertainties
Bank’s Q4 net profit is up 4% at S$1.7 billion, while full-year earnings rise 8% to a record S$7.6 billion OCBC rode on the strength of…
Business
Indonesia agrees deal with Apple that could end iPhone sales ban: reports
The deal could allow Apple to start selling its iPhone 16 in Southeast Asia's largest economy (Frederic J. BROWN) Indonesia has struck a…
Business
Indonesia reaches pact with Apple, signalling end for iPhone ban
APPLE has signed an agreement with Indonesia to invest in the country, paving the way for sales of the iPhone 16 to resume in South-east…
Business
Thai central bank surprises with rate cut as risks to growth increase
THE Bank of Thailand unexpectedly cut its key interest rate for the first time in four months, acting after disappointing growth data and…
News
Photo of Hindu idol falsely linked to unrest in Muslim-majority Bangladesh
As protesters demolished a museum to the father of Muslim-majority Bangladesh's ousted leader Sheikh Hasina, an image purportedly showing…
Business
CDL says Sherman Kwek remains group CEO, as board battle erupts
City Developments Ltd (CDL) group chief executive officer Sherman Kwek said recent changes to the board have “never been about ousting our…
Business
CDL CEO Sherman Kwek disappointed by father’s ‘extreme actions’ against him after suits filed
CITY Developments Ltd (CDL) group chief executive officer Sherman Kwek said that recent changes to the board have “never been about…
Business
Great Eastern privatisation is ‘natural progression’ in bank’s strategy: OCBC CEO Helen Wong
THE full integration of Great Eastern into OCBC will help the lender realise more synergistic value, by providing more opportunities for…
Beauty
EXCLUSIVE: Initio Parfums Privés Teams With Dsm-Firmenich on Functional Fragrances
PARIS — Initio Parfums Privés is teaming with Dsm-Firmenich on functional fragrance creation. The privileged partnership comes 10 years…
Business
St. John Announces New Leadership
St. John is unveiling new leadership following news in January that its chief executive officer Andy Lew would step up to lead parent…
Business
EXCLUSIVE: Giuseppe Zanotti Buys Back Minority Stake From L Catterton
MILAN — Giuseppe Zanotti has bought back the minority stake in his namesake brand from investment fund L Catterton. The acquisition takes…
Business
Alibaba makes AI model for video, image generation publicly available
CHINESE e-commerce leader Alibaba said on Wednesday (Feb 26) that its video- and image-generating artificial intelligence (AI) model Wan…
Business
Battle erupts between billionaire Kwek Leng Beng and son Sherman Kwek for control of CDL
A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Feb 25 with executive…
Business
Super Micro jumps after filing delayed financial reports
SUPER Micro Computer gained more than 20 per cent in extended trading after it submitted outstanding financial reports to become compliant…
Business
OCBC shares fall nearly 3% after Q4 earnings miss
Net profit of S$1.69 billion for the fourth quarter fell short of the S$1.78 billion consensus forecast SHARES of OCBC fell in early…