Business
SingPost up 7.7% after divestment of Australian logistics business
Shares of Singapore Post (SingPost) surged on Friday (Mar 28) morning, a day after the company announced the completion of the sale of its…
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Business
Toyota’s global output rises for second month in February on solid Japan sales
Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger…
Business
Hong Kong derivatives trading surges to record on turbulent markets and hedge fund interest
Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of…
Business
Celtics' Massive $6.1 Billion Sale in Danger of Being Canceled: Report
Will proposed new Boston Celtics majority owner Bill Chisholm be able to secure control over the 18-time NBA champions after all? That…
Business
Old image of under-construction overpass resurfaces after accident on Thai highway
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
Growing Singapore border demand boosts Malaysian bus firm IPO
Malaysian bus operator HI Mobility Bhd. is betting on increased traffic at the Singapore border to drive growth as the company readies to…
Business
Growing Singapore border demand boosts Malaysian bus firm’s IPO
Malaysian bus operator HI Mobility is betting on increased traffic at the Singapore border to drive growth as the company started trading…
Business
Singapore’s STI crosses the 4,000 mark for the first time
The Straits Times Index (STI) broke through to a new record on Friday (Mar 28) as it crossed the 4,000 mark for the first time in early…
Business
Sinarmas Land soars 23.6% on privatisation offer
The offer is a 12.7% premium over the company’s last traded price of S$0.275 on Mar 24 Shares of Sinarmas Land surged on Friday (Mar 28)…
Business
Nippon, US Steel offer increased investment to Trump officials to close deal, Semafor reports
NIPPON Steel and US Steel are in active talks about a deal that would preserve their US$14 billion merger and secure billions more in…
Business
Stocks to watch: Sembcorp, Nio, Keppel Infrastructure Trust, Sinarmas Land, SingPost
The following companies saw new developments that may affect trading of its securities on Friday (Mar 28). Sembcorp Industries: Its wholly…
Business
A look at how DBS shares soared nearly 270% under Piyush Gupta’s 15-year leadership
He will step down at the conclusion of the bank’s 26th annual general meeting on Friday (Mar 28) After helming DBS for more than 15 years,…
Business
Why DBS shares increased 270% in 15 years – Piyush Gupta’s strategy explained
He steps down on Friday (Mar 28) at the close of the bank’s 26th annual general meeting After helming DBS for more than 15 years, the…
Business
Lululemon plunges as US struggles weigh on sales outlook
LULULEMON Athletica shares dropped after the yogawear brand delivered a disappointing outlook for the year ahead amid slower US sales. The…
Business
US Fed official warns ‘inevitable’ tariffs boost inflation
It seems “inevitable” that Donald Trump’s tariff plans will push up near term inflation, although the increase could be short-lived, a…
Business
Oil approaches one-month highs as investors assess supply, trade war risks
Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new US tariffs and their expected effect…
Business
US: Stocks extend losses on auto tariff shock
Wall Street stocks retreated for a second day on Thursday, as US President Donald Trump’s announcement of upcoming tariffs on imported…
Business
Keppel eyes better market valuation as it sheds ‘conglomerate discount’
Global asset manager Keppel is eyeing a better valuation from the market, as the company sheds the “conglomerate discount” with its…
Business
From AI to ESG: Keppel CEO Loh Chin Hua’s take on the big trends
He sees a ‘very bright’ future for the company, in that its strengths have positioned it to succeed, even amid climate, energy and…
Business
Nio to raise HK$4 billion from equity placement to fund R&D
Chinese electric vehicle (EV) maker Nio on Thursday (Mar 27) announced plans to raise HK$4 billion (S$688 million) through a share…
Business
RFK Jr. makes sweeping cuts in federal health programs, including CDC, FDA
Robert F. Kennedy Jr. announced plans Thursday to slash the Department of Health and Human Services, cutting nearly a quarter of its…
Business
US: Wall St opens lower as Trump's auto tariffs sap sentiment
Wall Street’s main indexes opened lower on Thursday (Mar 27), as President Donald Trump’s latest tariff gambit sent auto stocks into a…
Business
Meta’s Asia-Pacific chief quits after a decade-long growth spurt
Meta Platforms is losing its senior-most business executive for the Asia-Pacific, an industry veteran who shepherded some of the social…
Business
SingPost completes A$1 billion sale of Australian logistics business
The divestment generated A$781.5 million in gross proceeds and an estimated gain of S$289.5 million Singapore Post (SingPost) said on…