Business
Stellantis Will Restart Illinois Factory That U.A.W. Pushed to Revive
Stellantis, the company that owns Chrysler and Jeep, said on Wednesday it planned to reopen a factory in Illinois and increase production…
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Business
Business
Apple's $1B Deal Poised to End Indonesia iPhone 16 Ban, Officials Say
Apple (NASDAQ:AAPL) edged higher Thursday after reports indicated the company is close to resolving its dispute with Indonesia, which has…
Business
JPMorgan’s Dimon sees inflated stocks as ‘animal spirits’ return
JPMORGAN Chase’s dealmakers are spending their time in the Swiss Alps huddling with ebullient clients, but the boss of the biggest US bank…
Business
US: Wall St opens higher after Netflix results, Trump's AI investment plans
Wall Street’s main indexes opened higher on Wednesday (Jan 22), with the benchmark S&P 500 just shy of a record high, as investors cheered…
Business
Frasers Centrepoint Trust posts 99.5% retail portfolio occupancy for Q1
FRASERS Centrepoint Trust (FCT) posted a committed occupancy of 99.5 per cent for its retail portfolio for the first quarter of its…
Business
Mapletree Industrial Trust posts 1.5% rise in Q3 DPU to S$0.0341
THE distribution per unit (DPU) for Mapletree Industrial Trust (MIT) rose 1.5 per cent to S$0.0341 for its third quarter ended Dec 31,…
Business
Saudi Alwaleed’s KHC interested in TikTok if Musk or others buy it, CEO says
SAUDI Arabian Prince Alwaleed Bin Talal’s investment company Kingdom Holding (KHC) would be interested in investing in ByteDance’s TikTok…
Business
Saudi prince’s investment firm would be keen on TikTok if Musk or others buy it, CEO says
SAUDI Arabian Prince Alwaleed Bin Talal’s investment company Kingdom Holding (KHC) would be interested in investing in ByteDance’s TikTok…
Business
DP World says sea freight prices could fall 20% if Red Sea attacks curbed
By Elisa Martinuzzi DAVOS, Switzerland (Reuters) - Ships not linked to Israel could begin returning to the Red Sea in as little as two…
Business
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TIKTOK owner ByteDance on Wednesday (Jan 22) released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s…
Business
China unveils plan to encourage insurance funds into stock markets
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share…
Business
When are February 2024 SNAP payments coming?
Share ✓ Link copied to clipboard! Another round of SNAP benefits will be paid in February 2025—but when will yours arrive? Why It Matters…
Business
ECB policymakers line up behind further interest rate cuts
EUROPEAN Central Bank policymakers lined up behind further interest rate cuts on Wednesday (Jan 22), indicating that next week’s reduction…
Business
Goldman Sachs starts infrastructure fund for wealthy individuals
GOLDMAN Sachs Group’s alternative investment arm is launching a global infrastructure fund for wealthy individuals, as it ramps up efforts…
Business
Eastspring urges investors in Asia to be active, instead of tracking indices
INVESTORS in Asia need to be active in managing their portfolios this year, given the wider themes at play that could lead certain…
Business
Microsoft relaxes data centre grip on OpenAI amid US$500 billion joint venture
MICROSOFT on Tuesday (Jan 21) said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture…
Business
Sunway Healthcare picks banks for what could be biggest Malaysia IPO in years
SUNWAY has picked banks including HSBC Holdings and Malayan Banking to help arrange an initial public offering (IPO) of its healthcare…
Business
Wealthy Indians tap into bathroom luxury with 1.6 million rupee smart toilets
IN INDIA’S polluted northern city of Kanpur, Rajat Ghai has a penchant for Rado watches and Louis Vuitton shoes. Now, as the 31-year-old…
Business
Indonesia pressures commodity firms with earnings rule
INDONESIA’S plan to force commodity firms to keep export earnings onshore for a year will create new challenges for companies that are…
Business
Indonesia’s new export earnings rule raises fears of cash crunch, competitive setbacks
Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 is set to shake up the industry.…
Business
Record beef imports raising risk of China imposing trade curbs
CHINA’S record beef imports are hitting a market where demand is slowing and prices have fallen to the lowest since 2019, raising the risk…
Business
Apple loses top-stock crown as analysts downgrade on iPhone risk
APPLE received a pair of analyst downgrades, in the latest sign that soft iPhone sales are becoming an increasing concern for investors,…
Business
Indonesia to force exporters to keep all US dollar earnings onshore for a year amid rupiah concerns
INDONESIA’S government plans to force commodity exporters to keep their entire foreign currency-denominated earnings onshore for at least…
Business
Luxury, hotel stocks are all the rage as tourists flock to Japan
JAPAN’S stock market is only now waking up to potential gains from record numbers of big-spending tourists. A growing number of companies,…