Business
Thai Airways set to emerge from debt with plan to double fleet
FIVE years after Thai Airways International filed for bankruptcy protection, the state-controlled carrier’s court-appointed debt…
Section
Business
Business
BHP sees recovery in steel and copper demand, logs lowest profit in six years
BHP sees signs of economic recovery in China and central bank rate cuts reviving demand for steel and copper but flagged risks to global…
Business
Southwest Airlines to cut 15% of corporate jobs in first-ever layoffs
SOUTHWEST Airlines will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the first layoffs in…
Business
Renault, Geely deepen partnership with Brazil car sales plan
The latest agreement gives Geely better access to South America’s biggest economy RENAULT and China’s Zhejiang Geely Holding Group plan to…
Business
Europe: Stocks mark record closing high as defence stocks soar
EUROPEAN shares marked a record closing high on Monday (Feb 17), boosted by defence stocks as investors priced in the likelihood of…
Business
New UPS air route targets trade from France to Hong Kong
A Boeing 747-8 freighter is guided to its parking stall at Paris Charles de Gaulle Airport. UPS has begun operating five cargo flights per…
Business
Argentine judge investigates fraud case against President Milei over crypto promotion
BUENOS AIRES, Argentina (AP) — A judge in Argentina was selected Monday to investigate allegations of fraud against President Javier Milei…
Business
DOGE seeks access to IRS system with taxpayers' financial data
The Department of Government Efficiency is seeking access to Internal Revenue Service computer systems that include detailed financial…
Business
Germany argues for limits to EU defence spending exemption
German Finance Minister Jörg Kukies on Monday argued that countries such as Italy, Spain and Belgium should not be able to benefit from…
Business
Woman receives mystery Valentine at work, internet rushes to find clues
An anonymous Valentine's Day card sent to a woman's workplace has sparked a widespread online investigation. After she shared the mystery…
Business
Mitsubishi Electric partners with HD Renewable Energy to advance carbon neutrality
Mitsubishi Electric has reached an agreement with HD Renewable Energy, a Taipei-based solar power and battery energy storage systems…
Business
Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31,…
Business
Aoxin Q&M’s largest shareholder calls for EGM to oust executive director
Mainboard-listed Q&M Dental Group (Singapore) holds some 32.78% of Catalist-listed Aoxin’s shares AOXIN Q&M Dental Group’s largest…
Business
The New York Times Wins 3 Polk Awards
Journalists from The New York Times, The New Yorker and ProPublica were among the winners of the George Polk Awards, which were announced…
Business
Singapore’s financial sector looks to internal hiring, reskilling and flexible structures to fill manpower gaps
AMID high-profile layoffs that have hit some global banks, financial-services firms are still grappling with a shortage of good talent.…
Business
Talent crunch pushing Singapore’s financial sector to rewrite operations playbook to retain staff
In the race for talent, some banks are re-thinking their operating models, or redefining seniority by performance, not tenure AMID…
Business
Oiltek applies to transfer listing to SGX mainboard
The company says the shift could result in better liquidity and improved share performance VEGETABLE and edible oil engineering process…
Business
Card-issuing banks in Singapore to require additional verification for mobile wallet users
Major card-issuing banks have prevented S$53.9 million of losses in Q4 2024, ABS says THE Association of Banks in Singapore (ABS) said on…
Business
Singapore stocks rise on Monday; STI climbs 0.7%
Property developer Hongkong Land is the top gainer on the index, while Yangzijiang Shipbuilding fell the most SINGAPORE equities ended…
Business
Singapore Exchange veterans leave amid stock market revival push
Several veteran staffers of Singapore Exchange are leaving as the bourse tries to revive its flagging equities business, according to…
Business
TikTok grabs US market share from Shein despite looming risks
TIKTOK Shop, the Bytedance-owned social media giant’s e-commerce feature, saw its sales outdo competition in the US just before President…
Business
Furlough vs. Layoff: What's the Real Difference?
When businesses face economic challenges, they often have to make tough decisions about their workforce. Two common approaches are…
Business
Xi meets China's tech titans amid economic struggles
Chinese President Xi Jinping speaks during an event in Berlin. Maurizio Gambarini/Deutsche Presse-Agentur GmbH/dpa Chinese leader Xi…
Business
Shein faces investor pressure to slash valuation to US$30 billion: sources
FAST-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with the matter,…