Business
Man backed for "brutally honest" response to wife's cheating question
The internet has rallied behind a Reddit user for his candid response during a game of "Never Have I Ever" that led to unexpected tension…
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Business
Business
Amazon Gains Creative Control Over the James Bond Franchise
The British family that has steered the James Bond franchise for more than 60 years, zealously protecting the superspy from the…
Business
Business for Sale: Buy Your Dream or Your Nightmare?
Buying an existing business can be a shortcut to achieving your entrepreneurial dreams, but it’s not always smooth sailing. Sure, it can…
Business
Marriott International signed 161 deals in Greater China in 2024
Marriott International has reported a robust year of growth in 2024 for its Greater China region, with 161 deals signed, equating to…
Business
US: Wall St opens lower as markets assess Trump’s tariff threats; Walmart drops
WALL Street’s main indexes opened lower on Thursday (Feb 20) as investors avoided risky bets after another bout of tariff threats from…
Business
Far East Hospitality Trust expands mandate to global investments, adjacent lodging asset classes
FAR East Hospitality Trust (FEHT) will have an expanded mandate to invest in new geographical markets and asset classes, effective 30 days…
Business
Far East Hospitality Trust to acquire Sheraton hotel in Japan for 6 billion yen
FAR East Hospitality Trust (FEHT) will make its first Japanese hotel acquisition after expanding its investment mandate to global markets…
Business
Walmart Racks Up Sales Record but Sees Slower Growth Ahead
Walmart, the largest retailer in the United States, said on Thursday that strong holiday sales propelled its revenue to another annual…
Business
A Trump DOGE Dividend Could Raise Inflation
DealBook’s Lauren Hirsch is in Miami Beach at the FII Priority conference, where President Trump floated the idea of sending Americans a…
Business
Sing Investments & Finance H2 net profit up 21% at S$20.3 million
SING Investments & Finance (SingFinance) posted a 21 per cent increase in net profit to S$20.3 million for the half year ended Dec 31,…
Business
Ant Group’s profit rises with Jack Ma back in the public eye
ANT Group’s quarterly profit surged more than 50-fold after it benefited from an investment gain, a major boon for the Chinese fintech…
Business
UOL unit, partner win tender for residential site in Shanghai
A UNIT of property developer UOL Group, together with an industry partner, has won a nine billion yuan (S$1.7 billion) tender for a…
Business
Alibaba revenue beats estimates as signs of a comeback mount
ALIBABA Group Holding posted its fastest pace of revenue growth in more than a year, reflecting a turnaround in its commerce business and…
Business
Europeans Owe the World 300 Hours of Work per Year
Europe can again become the place the world talks about when it talks about the economic frontier. Europeans have nothing to lose but…
Business
Wilmar posts 39.4% fall in H2 net profit on absence of year-ago gain, weak sugar price
AGRIBUSINESS Wilmar International posted a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December 2024.…
Business
Genting Singapore posts 34% fall in H2 net profit to S$222 million
GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half year ended Dec 31, 2024, from S$334.9 million in…
Business
Clean Energy Was Lifting Manufacturing. Now Investment Is in Jeopardy.
American manufacturing has been in the doldrums for years, battered by high borrowing costs and a strong dollar, which makes exports less…
Business
Singapore shares decline amid hawkish Fed minutes; STI loses 0.2%
SINGAPORE equities ended Thursday (Feb 20) lower, as markets reacted to the US Federal Reserve’s January meeting minutes. The local…
Business
Singapore shares decline amid hawkish Fed minutes; STI down 0.2%
Across the broader market, losers beat gainers 320 to 205, after 1.5 billion securities worth S$1.4 billion change hands SINGAPORE stocks…
Business
TikTok restructures trust and safety team, lays off staff in unit: sources
The layoffs began the same day for teams in Asia and Europe, Middle East and Africa TIKTOK is laying off global staff at its trust and…
Business
TikTok cuts trust and safety jobs in Singapore as part of global layoffs
AT LEAST a dozen TikTok employees in Singapore were let go with immediate effect, as the firm trimmed its back-end teams globally to…
Business
DeepSeek rally helps Chinese tech firms raise more funds
Listed Chinese companies have raised more than US$1 billion globally through placements so far this year, with most of it in February THE…
Business
Singapore’s Abaxx Exchange plans gold futures as metal surges
SINGAPORE’S Abaxx Exchange plans to introduce gold futures in the coming months, with prices setting fresh records this year as traders…
Business
Growth in global private equity deal flow may be slower than expected this year: Preqin
INVESTORS forecasting a quick uptake in global private equity (PE) activity this year may be disappointed, especially if the gap in…