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Soros Fund Management to shut Hong Kong office in rejig
SOROS Fund Management, founded by billionaire George Soros, plans to shut its Hong Kong office as part of an administrative…
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Goldman promotes Singapore, Hong Kong and Japan bankers to partner
GOLDMAN Sachs promoted three Japanese nationals to its highest rank of executives, the most in more than a decade, after a revival in…
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Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings
SHARES of UOB and OCBC leapt to levels never seen before, with both lenders surpassing street consensus estimates in their third-quarter…
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Baidu readies AI smart glasses to rival Meta’s Ray-Bans
BAIDU is set to unveil a pair of glasses with a built-in artificial intelligence (AI) assistant, putting up a Chinese rival to the Meta…
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Ravens All-Pro Safety Kyle Hamilton Exits Game With Scary Leg Injury
UPDATE: Hamilton has been ruled out with an ankle injury. Baltimore Ravens All-Pro safety Kyle Hamilton has exited the game in what…
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Sats unlikely to resume dividend payout ratio of 70-80%, but quantum will rise in tandem with profit
The group aims for over S$8 billion in revenue, return on equity of higher than 15%, and net profit margin of over 5% in FY2029 IN-FLIGHT…
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Gold extends gains on Fed rate cut, but heads for weekly fall
GOLD prices inched higher on Friday (Nov 8), extending gains spurred by the US Federal Reserve’s widely anticipated quarter-point rate cut…
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Attika Group makes trading debut at S$0.21, below IPO price
SHARES of Attika Group commenced trading on the Catalist board at S$0.21 on Friday (Nov 8), down 4.5 per cent from its initial public…
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FBI is investigating "offensive and racist" texts sent after the election
Share ✓ Link copied to clipboard! The FBI said Thursday that it is investigating a number of "offensive and racist" text messages sent to…
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‘I would do it differently, if I were to do it again’: Outgoing DBS CEO on bank’s tech capabilities
OUTGOING DBS chief executive Piyush Gupta would have done things differently if he were given another chance to build the bank’s…
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United Hampshire US Reit Q3 distributable income falls 14.6% to US$6 million
UNITED Hampshire US Reit’s distributable income for the third quarter ended Sep 30 declined 14.6 per cent to US$6 million, from US$7.1…
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Cryptocurrencies tainted by SEC suits surge after Trump victory
THE likely departure of US Securities and Exchange Commission (SEC) chair Gary Gensler following Donald Trump’s victory in the…
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3 suspects charged in Liam Payne's death, including hotel employee and alleged dealer
In the ongoing investigation into One Direction singer Liam Payne’s death, three suspects have been charged for their alleged involvement…
Business
UOB posts 16% higher Q3 profit of S$1.61 billion
UOB’s net profit for the third quarter ended September 2024 rose 16 per cent year on year to S$1.61 billion, from S$1.38 billion the year…
Business
UOB surpasses estimates with 16% higher Q3 profit of S$1.61 billion
UOB’S net profit for the third quarter ended September rose 16 per cent year on year to S$1.61 billion, from S$1.38 billion the year…
Business
Bank of England says unwind of trade that rocked gilt market likely over
BANK of England (BOE) officials said the UK bond sell-off that followed last week’s budget announcement was exacerbated by investor…
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Pinterest gives weak holiday forecast as it lags behind peers
PINTEREST fell in late trading after forecasting weak sales for the holiday quarter, a sign the search and discovery network is struggling…
Business
Lakers Officially Demote Bronny James to G League
Share ✓ Link copied to clipboard! The Los Angeles Lakers have assigned Bronny James to the G League, per ESPN's Shams Charania. James is…
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Can B Corps save the world?
THE “shareholder primacy” doctrine that promoted profit maximisation as the purpose of business is fading. The increasing wealth gap,…
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Charli XCX's viral 'Brat' summer: music, aesthetic and phenomenon explained
There's no doubt Charli XCX had one of the biggest albums of the year — and with her sixth studio album, Brat, she launched not only a…
Business
Moderna reports surprise profit on higher-than-expected Covid vaccine sales
MODERNA reported a surprise third-quarter profit on Thursday (Nov 7), driven by cost cutting and higher-than-expected sales of its…
Business
US: Wall Street hits all-time highs, Fed decision on tap
WalL Street’s main stock indexes hit record highs in the run-up to an interest-rate decision from the Federal Reserve on Thursday (Nov 7),…
Business
Nissan cuts 9,000 Jobs amid declining sales and rising costs
Nissan, the Japanese automaker, announced it will cut 9,000 jobs— six percent of its 133,000 global workforce— after experiencing a…
Business
Yangzijiang Shipbuilding bags US$11.6 billion worth of order wins in year to date
MARITIME vessel maker Yangzijiang Shipbuilding said that it has secured US$11.6 billion of order wins in the year to date. This exceeds…