Business
Thai users share staged clip as genuine footage of 'Bank of China ex-chairman after death sentence'
Thai social media users have shared a staged video of a man being taken away with the false claim it is genuine footage of the former Bank…
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Business
Business
Temasek’s asset manager Seviora expands to the Middle East
Seviora Group, an asset manager that is wholly owned by Temasek, is widening its reach by opening its first office in the Middle East.…
Business
DFI up 5.8% on sale of Singapore food business
It is selling its Singapore food business to South-east Asian retail conglomerate Macrovalue (Malaysia) for an initial purchase price is…
Business
Sinopec’s 2024 net profit drops 16.8% due to falling oil prices, NEVs
China Petroleum & Chemical Corporation, known as Sinopec, reported a 16.8 per cent decline in 2024 net profit, citing lower crude oil…
Business
DFI sells Singapore food business, including Cold Storage and Giant, for S$125 million to Macrovalue
Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) announced the divestment of its Singapore food business to…
Business
Jack Ma-backed Ant touts AI breakthrough built on Chinese chips
Jack Ma-backed Ant Group used Chinese-made semiconductors to develop techniques for training artificial intelligence (AI) models that…
Business
Asia: Markets fluctuate as traders prepare for ‘Liberation Day’
Asian markets swung on Monday as the White House prepares to impose tariffs on key trading partners next week that many fear could deal a…
Business
BOJ to raise rates if price outlooks to be achieved, deputy governor says
The Bank of Japan would continue raising interest rates if the central bank’s outlooks on the economy and prices are likely to be…
Business
Tencent upgrades AI model to compete with DeepSeek, Alibaba
Tencent Holdings unveiled an upgraded artificial intelligence (AI) reasoning model, the latest bid by China’s most valuable company to…
Business
Aussie dollar to snap losing streak on RBA stance, China support
[MELBOURNE, SYDNEY] The Australian dollar may be headed for its first annual gain since 2020, as the central bank keeps interest rates…
Business
AI startup Perplexity confirms interest to buy TikTok
Artificial intelligence (AI) startup Perplexity on Friday (Mar 21) expressed its interest in buying TikTok, which faces a deadline to…
Business
Stumbling stock market raises spectre of dot-com era reckoning
A revolutionary new technology comes along and infatuates investors with its seemingly limitless possibilities. Euphoria sparks a stock…
Business
Salvaging Qantas just the start as new CEO pledges more to come
[SYDNEY, HONG KONG] Vanessa Hudson could hardly have taken the helm of Qantas Airways at a worse time. The brand was in tatters after a…
Business
Data centres a possibility for Stoneweg European Reit under new sponsor
SWI Group “fully supports” the Reit’s strategy to rebalance its portfolio to focus more on industrial properties and high-quality offices…
Business
Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline
The firm’s Anchor Fund @ 65 mandate complements measures unveiled in MAS equities review group, says management Compared with stock…
Business
Signs of weakness in Hang Seng have emerged
AS AT Mar 20, 2025, the Hang Seng Index (HSI) had recorded a strong year-to-date increase of about 23.42 per cent, closing at 24,219.95…
Business
DoorDash Announces ‘Buy Now, Pay Later’ Partnership With Klarna
DoorDash customers can now take out a loan for a $40 order of burritos or a $50 pizza delivery. The financial tech company Klarna and the…
Business
Jeff Bezos and Lauren Sanchez Send Out Wedding Invites after Nearly Two-Year Engagement as Couple Set to Marry in Italy
Amazon founder Jeff Bezos and his fiancée, Lauren Sanchez, have officially sent out their wedding invitations nearly two years after…
Business
Incredible $40 Million Supercar Collection Showcases Rare International Automobiles
Read the full story on Modern Car Collector An astonishing private car collection, valued at $40 million, is capturing attention for its…
Business
Nvidia investors look to CEO keynote to keep rebound going
Nvidia shareholders are hoping that a keynote speech from chief executive Jensen Huang can deliver enough optimism to help sustain the…
Business
Transforming and developing a bank, the Japanese way
Under a new scheme, staff are posted overseas for six months to take a different role; this overseas working experience facilitates…
Business
High costs limit plastic recycling in South-east Asia: Bain
Plastic recycling in South-east Asia is limited by high collection and sorting costs, which can be 1.5 to two times the raw waste price,…
Business
Business Equipment: Asset or Liability?
Understanding the nature of your equipment is key to managing your finances when running a business. Equipment plays a vital role in…
Business
Hosen Group CEO Daniel Lim increases stake in the company
Over the five trading sessions from Mar 14 to 20, institutions were net sellers of Singapore stocks, with net institutional outflow…