Business
Game on: This Acer-backed gaming-related company is gearing up for growth
SINGAPORE-LISTED company Winking Studios, which provides services to gaming giants such as Ubisoft and Tencent, is poised for further,…
Section
Business
Business
Singapore shares in the black at Wednesday’s open; STI up 0.2%
Singapore shares were in positive territory on Wednesday (Jan 15) at the open, as investors globally await key inflation data in the US…
Business
Singapore shares decline at Wednesday’s close; STI retreats 0.4%
Across the broader market, gainers outnumber losers 241 to 217, as 875.2 million securities worth S$1.1 billion change hands Singapore…
Business
Ho Bee Land sparks bidding war for Australian property developer AVJennings at A$0.70 a share
The offer trumps an existing deal made by Proprium Capital Partners and Avid Property Group REAL estate group Ho Bee Land has launched a…
Business
Stocks to watch: CapitaLand Investment, Clint, SIA Engineering, LMIRT, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jan 15). CapitaLand Investment…
Business
JPMorgan says altcoin-ETF inflows may be as high as US$14 billion
JPMORGAN Chase analysts estimate that a proposed batch of exchange-traded funds (ETFs) holding alternative cryptocurrencies may attract…
Business
Intel to turn venture arm into separate firm with new name
INTEL, the once-dominant chipmaker struggling to revive its business and finances, plans to turn its venture capital arm into a separate…
Business
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations
U.S. securities regulators sued Elon Musk in federal court in Washington on Tuesday in an enforcement action arising from his $44 billion…
Business
South Korea’s import prices surge at fastest pace in five months as won weakens
SOUTH Korea’s import prices accelerated in December at the fastest pace in five months, central bank data showed on Wednesday (Jan 15),…
Business
Meta to cut roughly 5% of staff, targeting lowest performers
META Platforms is cutting roughly 5 per cent of its staff through performance-based terminations and plans to hire new people to fill…
Business
Repeat corporate bankruptcies in US hit fastest pace since 2020
PARTY City emerged from bankruptcy in October 2023, freed from US$1 billion of debt and with “an excellent foundation in place to drive…
Business
Patriots First-Round Draft Targets if Travis Hunter is Gone
The New England Patriots are in desperate need to hit it right in this year's NFL Draft. With the exception of their budding franchise…
Business
Falling SpaceX Debris Is Getting In The Way Of Commerical Flights
It makes perfect sense for a private space company to down its rockets over the ocean. However, it can still sometimes get in the way of…
Business
Mastercard Agrees to Settle Pay Discrimination Suit for $26 Million
Mastercard is set to pay $26 million to settle accusations that the company has for years underpaid thousands of female, Black and…
Business
JP Morgan Names Jenn Piepszak C.O.O. Succeeding Daniel Pinto
The slow-moving race to succeed Jamie Dimon at the helm of JPMorgan Chase has lost another entrant. The bank said on Tuesday that Jennifer…
Business
Amazon's $5 Billion Bet: Mexico Set to Become Latin America's Cloud Powerhouse
Amazon (NASDAQ:AMZN) just dropped a game-changer. The tech giant is pouring over $5 billion into a cutting-edge AWS data center in…
Business
Saudi Arabia and Sports Network DAZN Close to Deal
Saudi Arabia, long on the lookout for a global platform to showcase its sporting ambitions, is nearing the end of its search. The Gulf…
Business
SIA Engineering adds MOM perm sec Ng Chee Khern to board
SIA Engineering has appointed Ng Chee Khern, the permanent secretary of the Ministry of Manpower, as an independent non-executive…
Business
Capital One Is Accused of Cheating Customers Out of $2 Billion
The advertisement from Capital One had many of the same promises that other banks offer for high-yield savings accounts: There were no…
Business
Cordlife’s operation licences renewed for one year
EMBATTLED cord-blood bank Cordlife’s cord blood banking service and human tissue banking service licences have been renewed by the…
Business
Great Eastern Life prices US$500 million fixed rate perpetual capital securities
The Great Eastern Life Assurance Company has priced US$500 million fixed rate perpetual capital securities, first callable in 2032, to be…
Business
US: Wall St opens higher after softer-than-expected producer price data
WALL Street’s main indexes opened higher on Tuesday (Jan 14), as investors assessed softer-than-expected producer inflation to gauge the…
Business
Anysphere, a Maker of A.I. Coding Software, Raises $100 Million
Anysphere, whose Cursor software uses artificial intelligence to help programmers code on the fly, plans to announce on Tuesday that it…
Business
Apollo, StanChart sign US$3 billion energy transition partnership
APOLLO Global Management and Standard Chartered have formed a partnership to finance infrastructure deals, renewable energy and the…