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…
Section
Business
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…
Business
Nanofilm H2 profit rises 6.5% to S$11.5 million
NANOFILM Technologies reported a 6.5 per cent increase in net profit in the second half ended Dec 31, 2024, to S$11.5 million, from S$10.8…
Business
Abacus Worldwide adds Auditoria to network
Abacus Worldwide has added Brazilian accounting firm Vision Auditoria into its international association of independent accounting,…
Business
Groom left in tears after message from daughter, moments before ceremony
A girl's adorable voice message for her dad as he waited at the altar, moments before tying the knot, has left the internet in tears. The…
Business
Food Empire H2 profit down 3.2% at US$28.9 million
FOOD Empire’s net profit fell 3.2 per cent to US$28.9 million for the second half ended Dec 31, 2024, from US$29.8 million in the same…
Business
DBS flags 13,000 employees for upskilling, reskilling amid job cuts
DBS has identified 13,000 employees that require upskilling or reskilling, in order to enable them to be future-ready, the bank said on…
Business
SingLand H2 net profit rises 76% to S$180.5 million on higher revenue from hotel ops
SINGAPORE Land Group (SingLand) reported a net profit of S$180.5 million in the second half ended Dec 31, up 76 per cent from S$102.4…
Business
Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth
GLOBAL demand for liquefied natural gas is estimated to rise by around 60 per cent by 2040, driven largely by economic growth in Asia, AI…
Business
Aztech Global H2 profit falls to S$23.9 million on lower sales but group doubles dividend
DESPITE its profit dropping from S$57.1 million to S$23.9 million in the second half of 2024, Aztech Global almost doubled its dividend…
Business
Business Insurance Secrets Revealed
Running a business is no small feat, and protecting it with the right insurance is just as important as managing daily operations.…
Business
Tesla Moves One Step Closer to Self-Driving Cars in China
Elon Musk, the chief executive of Tesla, tried for years to convince Chinese regulators to let him offer self-driving capabilities in one…
Business
Singapore shares in the red as regional indices fall; STI retreats 0.3%
Losers beat winners 326 to 234, as 1.6 billion securities worth S$1.8 billion change hands SINGAPORE equities closed Tuesday (Feb 25) in…
Business
China raises scrutiny of outflows via Hong Kong listings, foreign deals
CHINA is increasing scrutiny of outbound investments by domestic companies as well as their use of proceeds from Hong Kong share sales,…
Business
SingPost must quickly find a new group CEO to deliver it from its troubles
The postal-service provider’s road map following the sale of its Australian unit would shape the slate of candidates and its final pick of…
Business
OCBC, UOB poised to gain most from JS-SEZ; DBS could seek to expand Malaysia footprint: analysts
The zone will enable the banks with networks that are entrenched in the two markets to gain from stronger investment flows AMONG the trio…
Business
China Everbright Water’s FY2024 profit falls 14% to HK$1 billion
CHINA Everbright Water’s net profit for the full year ended Dec 31 fell 14 per cent to HK$1 billion (S$175.5 million) from HK$1.2 billion…
Business
‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; Maybank upgrades to ‘buy’
ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which…
Business
‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; DBS, Maybank upgrade to ‘buy’
ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which…