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…
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Business
Business
"Wordle" today #1,348 hints and answer for Wednesday, February 26 game
There's no judgment if you're in need of a helping hand with today's Wordle. The word-based game, which was acquired by The New York Times…
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
BP to unveil strategy shakeup amid energy transition
BRITISH energy giant BP is set on Wednesday to announce a shakeup to its strategy after a difficult trading year and as countries…
Business
The unravelling of Hour Glass co-founder Jannie Chan’s fortunes
FETED at high-society events and billed as a poster girl for female entrepreneurship, Jannie Chan – erstwhile known as Jannie Tay – once…
Business
OCBC shares fall nearly 3% after Q4 earnings miss
Fourth-quarter net profit of S$1.69 billion falls short of the S$1.78 billion consensus forecast SHARES of OCBC fell in early trading on…
Business
CDL calls for trading halt as it cancels results briefing
City Developments Limited (CDL) announced on Wednesday (Feb 26) morning that it is canceling its results briefing that was scheduled to be…
Business
Lynas profit slumps 85% as low rare earths prices take toll
The miner’s performance indicates the market is still over-supplied, with rare earth oxide prices down due to strong output from China and…
Business
Stocks to watch: OCBC, CDL, SingPost, Food Empire, SingLand, Aztech Global
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 26): OCBC: The lender on…
Business
Instacart forecasts downbeat first-quarter core profit, shares fall
INSTACART on Tuesday forecast a lower-than-expected first-quarter core profit as the online grocery delivery platform expects sequential…
Business
Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
Shares of Tesla had been on a tear since Donald J. Trump won the presidential election. Investors were betting that the carmaker would…
Business
How to Build Wealth for Retirement: Smart Investing Strategies
If you want to build wealth for retirement, it will require careful planning, disciplined investing, and a long-term perspective. Whether…
Business
Italy extends big tech tax probe to Musk’s X social network
ITALY is claiming 12.5 million euros (S$17.4 million) from Elon Musk’s social network X following a tax probe running parallel to one into…
Business
Coupang profit beats estimates, even as sales growth slows
COUPANG, the largest e-commerce company focused on South Korea, handily beat profit estimates for the fourth quarter, even as sales grew…
Business
Forest City could become cheaper, secondary family office hub to complement Singapore
While the fundamentals are there, it is too early to tell if the zone could become a regional wealth centre MALAYSIA’S Forest City could…
Business
MAS review group initiatives to benefit banks, Reits in near term
DIVIDEND-PAYING players such as banks and real estate investment trusts (Reits) may gain in the near term from the first set of measures…
Business
New York Public Radio to Lay Off About 7% of Staff
New York Public Radio said on Tuesday that it would lay off about 7 percent of its staff as it continued to struggle with a financial…
Business
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
Fresh off the worst inflation shock in decades, Americans are once again bracing for higher prices. Expectations about future inflation…
Business
Japan's ANA to purchase mega-order of 77 new jets
Japan's All Nippon Airways (ANA) will have approximately 320 aircraft in its fleet by the financial year 2030 (Richard A. Brooks) Japan's…
Business
Reason flight is delayed, leaves woman unsure how to explain to dad
A video about a passenger claiming that her flight was delayed because of another person attempting to film content for social media has…
Business
Americans Are Expecting Higher Prices. That Could Unnerve the Fed.
Fresh off the worst inflation shock in decades, Americans are once again bracing for higher prices. Expectations about future inflation…
Business
US: S&P 500, Nasdaq muted as US plans tighter curbs on chip exports to China
The benchmark S&P 500 and the Nasdaq had a subdued start on Tuesday (Feb 25) as markets braced for the potential impact of more stringent…