Business
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning - The Business Times
TIKTOK owner ByteDance on Wednesday (Jan 22) released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s…
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Business
China unveils plan to encourage insurance funds into stock markets - The Business Times
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share…
Business
ECB policymakers line up behind further interest rate cuts - The Business Times
EUROPEAN Central Bank policymakers lined up behind further interest rate cuts on Wednesday (Jan 22), indicating that next week’s reduction…
Business
Eastspring urges investors in Asia to be active, instead of tracking indices - The Business Times
INVESTORS in Asia need to be active in managing their portfolios this year, given the wider themes at play that could lead certain…
Business
Sunway Healthcare picks banks for what could be biggest Malaysia IPO in years - The Business Times
SUNWAY has picked banks including HSBC Holdings and Malayan Banking to help arrange an initial public offering (IPO) of its healthcare…
Business
Wealthy Indians tap into bathroom luxury with 1.6 million rupee smart toilets - The Business Times
IN INDIA’S polluted northern city of Kanpur, Rajat Ghai has a penchant for Rado watches and Louis Vuitton shoes. Now, as the 31-year-old…
Business
Indonesia’s new export earnings rule raises fears of cash crunch, competitive setbacks - The Business Times
Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 has come in for some criticism,…
Business
Record beef imports raising risk of China imposing trade curbs - The Business Times
CHINA’S record beef imports are hitting a market where demand is slowing and prices have fallen to the lowest since 2019, raising the risk…
Unsorted
US SEC unveils task force to start work on crypto regulations - The Business Times
THE US Securities and Exchange Commission’s (SEC) new leadership said on Tuesday (Jan 21) it had created a task force to develop a…
Business
Luxury, hotel stocks are all the rage as tourists flock to Japan - The Business Times
JAPAN’S stock market is only now waking up to potential gains from record numbers of big-spending tourists. A growing number of companies,…
Business
Stocks to watch: Mapletree Logistics Trust, SingPost, Stoneweg E-Reit, Sabana Industrial Reit - The Business Times
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jan 22): Mapletree Logistics Trust…
Business
Meta plans Oakley-branded glasses, explores watches and earbuds - The Business Times
META Platforms is working on upgrades to its popular smart glasses and is exploring new wearable devices such as watches and…
Business
Charles Schwab’s fourth-quarter profit soars on higher asset management fees - The Business Times
BROKERAGE firm Charles Schwab said on Tuesday (Jan 21) that its profit rose 44 per cent in the fourth quarter driven by a jump in asset…
Culture
Netflix posts record quarter thanks to sports, ‘Squid Game’ - The Business Times
NETFLIX closed 2024 with its biggest quarterly subscriber gain in history, benefiting from its first major live sporting events and the…
Business
Alternative asset classes regain favour as interest rates tick down - The Business Times
Rate cuts are just one of the many factors driving investors to seek returns outside of equities THE cutting of interest rates by the US…
Business
UBS CEO signals job cuts will continue in quest to lower costs - The Business Times
UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit…
Unsorted
US: Wall St opens higher with all eyes on President Trump's trade policy - The Business Times
Wall Street’s main indexes opened higher on Tuesday (Jan 21), as investors assessed newly elected President Donald Trump’s executive…
Business
Aramco chief expects additional oil demand of 1.3 million bpd this year - The Business Times
Oil demand this year will approach 106 million barrels per day after averaging about 104.6 million barrels per day in 2024 SAUDI oil giant…
Business
Sabana Reit posts 32.2% rise in H2 DPU to S$0.0152, with 10% kept for capital management - The Business Times
SABANA Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.0152 for the half-year ended Dec 31,…
Business
Easing tariff fears cement bets on ECB rate cut next week - The Business Times
EUROPEAN Central Bank policymakers are likely breathing a sigh of relief that the new US administration did not impose the blanket trade…
Business
Comac jets for Vietnam show China’s push for international market - The Business Times
CHINA’S drive to break into foreign aviation markets with its homegrown Comac jets has intensified, with a push to persuade Vietnam to…
Business
UBS halts margin loans on some New World Development securities - The Business Times
UBS Group halted accepting some bonds and shares of New World Development as collateral for margin loans, joining other global lenders in…
Business
Apple’s iPhone sales in China plunged 18% in holiday quarter - The Business Times
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for…
Business
Claims against e-wallet players hit half a million dollars in just over a month: financial dispute agency - The Business Times
A TOTAL of 16 claims amounting to half a million Singapore dollars were filed against e-wallet providers in just over a month, with a…