Business
Adani plans 1.1 trillion rupees of new investments in India growth push
Billionaire Gautam Adani said his group is planning more than 1.1 trillion rupees (S$17 billion) of new investments in India, signalling…
Section
Business
Business
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial…
Business
SGX shares climb more than 5% after MAS review group unveils plans to boost stock market
Initiatives include a S$5 billion Equity Market Development Programme to strengthen the fund management ecosystem Shares of the Singapore…
Business
Chinese firms dump Europe for Hong Kong to raise funds
CHINESE companies that once pursued additional listings in Europe are abandoning those plans after Beijing’s securities regulator…
Business
Singapore Reits need more support in wake of Paragon Reit's proposed privatisation
Privatisations make sense when trusts have poor liquidity and face constraints in upgrading assets IF INTEREST rates do not fall much…
Business
GIC, Silver Lake complete US$1.7 billion acquisition of billing software firm Zuora
A GIC affiliate and global technology investor Silver Lake have completed their US$1.7 billion acquisition of US-billing software company…
Business
Musk’s Starlink races with Chinese rivals to dominate satellite internet
SPACE is about to get more crowded for Elon Musk. The billionaire’s Starlink communications network is facing increasingly stiff…
Business
From tech to financial services: Layoffs and job cuts in 2025
RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries.…
Business
Indonesia launches new multi-billion-dollar sovereign wealth fund
Prabowo Subianto has ordered sweeping cuts across government to fund his key campaign pledges including the new investment vehicle (Bagus…
Business
Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while…
Business
Indonesia’s new Danantara investment fund readies for launch
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could…
Business
Indonesia launches sovereign wealth fund aiming to hold US$900 billion in assets
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could…
Business
Indonesia launches Danantara investment fund, channelling US$20 billion into 20 strategic projects
Indonesia officially launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to…
Business
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to…
Business
Millie Bobby Brown turns heads with new look at SAG Awards
Entertainment gossip and news from Newsweek's network of contributors Millie Bobby Brown walked the red carpet at the 2025 SAG Awards on…
Business
WiseTech board quits as founder Richard White wins power struggle
WISETECH Global’s founder and largest shareholder Richard White appears to have triumphed in a high-level power dispute after almost every…
Business
Olam to sell remaining stake in Olam Agri for US$4 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock…
Business
Olam to sell 44.58% stake in Olam Agri for US$1.8 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock…
Business
Olam to sell remaining stake in Olam Agri for US$2.6 billion, focuses on IPO of business unit ofi
OLAM is divesting its remaining stake in Olam Agri to Saudi Agricultural and Livestock Investment Company (Salic) for US$2.6 billion.…
Business
Stocks to watch: Olam, Raffles Medical, Sats, UOB, CapitaLand India Trust, Venture
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 24): Olam: The group on Monday…
Business
Gold market ructions drive Singapore exports to the US
GOLD shipments from Singapore to the US climbed to the highest level in almost three years in January, a further sign of the ructions in…
Business
Raffles Medical jumps 6.7% on 100 million share buyback plan; posts 4.3% rise in H2 profit to S$31.6 million
PRIVATE healthcare provider Raffles Medical Group posted a 4.3 per cent rise in net profit to S$31.6 million for its second half ended Dec…
Business
Kristen Bell wears adult diaper ahead of SAG Awards
Entertainment gossip and news from Newsweek's network of contributors Kristen Bell is hosting the 2025 SAG Awards — and her award fit may…
Business
Australia’s Perpetual ends talks with KKR on sale of wealth, trust units
AUSTRALIA’S Perpetual on Monday said it has ended talks with KKR for the sale of its wealth management and corporate trust units, while…