Business
Name Change Cost Shock: Hidden Fees You Need to Know
Ever thought about changing your name legally? It’s not just about picking a new name and moving on. There’s a lot more to it, especially…
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Business
Business
How to Invest During a Presidency With a Deep Devotion to Profits
“The chief business of the American people is business.” That declaration by Calvin Coolidge has been shortened and simplified since that…
Business
Santosa, Kolonas families offer to privatise Japfa at S$0.62 per share
THE family members of Japfa’s founder are looking to take the agri-food company private by way of scheme of arrangement, for S$0.62 per…
Business
Meta to spend up to US$65 billion this year to power AI goals, Zuckerberg says
META Platforms plans to spend between US$60 billion and US$65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said…
Business
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Mark Zuckerberg spent all of 2024 telling investors that artificial intelligence would be key to the future of his company, Meta. In 2025,…
Business
Great Eastern granted further extension to May 25 to explore options to return free float
GREAT Eastern now has until May 25 to explore options to comply with free float requirements under the Singapore Exchange’s (SGX) listing…
Business
US: S&P 500, Nasdaq open flat ahead of economic data; Boeing declines
THE benchmark S&P 500 and the tech-heavy Nasdaq opened muted on Friday (Jan 24), with investors staying cautious ahead of economic data,…
Business
Luxury 'doomsday bunker' for ultrarich unveiled by US firm
An opulent $300 million doomsday bunker complex, to protect ultrarich clients from disasters, has been unveiled by protective design…
Business
Terrence Howard theory praised by Joe Rogan—"Really interesting"
Comedian Joe Rogan has praised a theory that actor Terrence Howard once shared with him about the possibility of life on other planets. On…
Business
Debanking, and the Diss Heard Around Davos
Good morning from Davos, Switzerland, on the final day of the World Economic Forum. The hottest chatter over the past 24 hours has been…
Business
Lian Beng’s Ong family offers to privatise SLB Development at S$0.23 per share
LIAN Beng Group’s board of directors – comprising the controlling Ong family – has proposed to acquire and privatise property developer…
Business
Wall Street enters darker age with most stock trading now hidden
HERE’S a surprising new fact about the world’s largest and most-liquid public equity market: Most of the activity on it is not public…
Business
Thomson Medical warns of H1 loss on poorer Malaysia performance
THOMSON Medical expects to report a loss after tax for the six months ended Dec 31, 2024, following a preliminary review of the unaudited…
Business
Japan Foods warns of loss for 9-month period amid lower revenue, higher expenses
This was mainly due to weak sales in November and December 2024, despite a higher number of operating outlets JAPAN Foods expects to…
Business
Far East Orchard unit acquires additional stake in Woodlands Square for S$25 million
A UNIT of Far East Orchard (FEO) has acquired an additional stake in its commercial property in Woodlands for S$25 million. Woods Square,…
Business
Fu Yu board rejects substantial shareholder’s directorship bid due to non-conformance with SGX’s ‘integrity requirements’
PRECISION plastic components manufacturer Fu Yu Corporation’s board of directors declined to appoint substantial shareholder Victor Lim as…
Business
Alfa Romeo and Jeep dealership in Singapore to close by June
CAPELLA Auto, the agent for Alfa Romeo and Jeep cars in Singapore, is winding up its business by June and will sell its remaining stock of…
Business
Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist
President Trump has put unleashing American energy production at the center of his economic agenda, saying that ramping up fossil fuel…
Business
China firms boost shareholder returns via dividends and buybacks
CHINESE firms are attracting investors with increased dividends and buybacks, spurred by a policy push for corporate governance reforms in…
Business
Grab contributed as much as 0.8% of Singapore GDP in 2023: report
RIDE-HAILING company Grab added S$5.2 billion to Singapore’s economy in 2023 through its on-demand services such as ride-hailing and…
Business
BYD plans to sell plug-in hybrids in Japan
CHINA’S BYD could start selling its first plug-in hybrid vehicle in Japan this year, the company said on Friday (Jan 24), as it aims to…
Business
Jack Ma-backed Ant Group unit’s Anext Bank appoints CEO designate
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new…
Business
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new…
Business
Tesla launches new Model Y in US, Canada, Europe weeks after China
ELON Musk’s Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on…