Business
Yankees Blockbuster Trade Proposal Would Bring In $154 Million All-Star
Share ✓ Link copied to clipboard! The New York Yankees' offseason has been highlighted by the additions of Max Fried, Cody Bellinger,…
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Business
Singapore shares retreat at Thursday’s open; STI down 0.5%
SINGAPORE shares started trading in negative territory on Thursday (Jan 9), mirroring overnight losses in European markets. As at 9.01 am,…
Business
Singapore shares retreat after Fed December minutes; STI down 0.6%
Across the broader market, losers beat gainers 281 to 222, with 982.3 million shares worth S$913.1 million changing hands SINGAPORE shares…
Business
Chip designer Arm considers acquiring Ampere computing
SOFTBANK Group and its majority-owned Arm Holdings are exploring a deal for Ampere Computing, according to sources familiar with the…
Business
Dyna-Mac delists from SGX on Jan 9
This comes after it fired its then executive chairman and chief executive Lim Ah Cheng following a business review in mid-December…
Business
Stocks to watch: Suntec Reit, China Everbright Water, Tan Chong International
THE following companies saw new developments that may affect trading of their securities on Thursday (Jan 9): Suntec Real Estate…
Business
Seven & i convenience store recovery hits wider retail headwinds
SEVEN & i Holdings will show some signs of recovery at its convenience stores in Japan and North America when it reports quarterly…
Business
Japan’s Seven & i Holdings reports 24% drop in third-quarter profit
Profit fell to 128 billion yen (S$1.1 billion) in the period from September to November Japan’s Seven & i Holdings, operator of the…
Business
Port Strike Averted With Labor Deal Days Before Deadline
Dockworkers on the East and Gulf Coasts reached a tentative labor agreement with employers on Wednesday, averting a strike that could have…
Business
BlackRock to cut about 1% of its employees; asset managing giant has over 20,000 staff
BLACKROCK told employees it’s cutting roughly 1 per cent of its workforce after it committed more than US$25 billion for acquisitions last…
Business
Blackstone’s infrastructure fund for individuals raises more than US$1 billion
BLACKSTONE is betting individuals will turn the firm into a bigger force in roads, ports and data centres. The alternative asset manager…
Business
Jefferies profit triples in sign dealmaking slump is ending
JEFFERIES Financial Group’s profit soared on a rebound in mergers and acquisitions (M&A ) and a surge in equity-trading revenue, signs…
Business
Fed minutes show officials were eager to slow interest-rate cuts
FEDERAL Reserve officials in December adopted a new stance on rate-cutting amid elevated inflation risks, deciding to move more slowly in…
Business
Rate-Cut Decision Was Narrow, Fed Minutes Show
Federal Reserve officials cut interest rates as expected last month. But minutes from their December meeting suggest that the decision was…
Business
Sebastian Mallaby on Finance’s Intellectual Adventure Stories
Sebastian Mallaby is a senior fellow at the Council on Foreign Relations and the author of five books, including, most recently, “The…
Business
Port Labor Talks Hinge on Deal on Automation
Ports on the East and Gulf Coasts could close next week if dockworkers and employers cannot overcome their big differences over the use of…
Business
Bitcoin Is Luring More Companies and Their Cash
A couple of weeks after the presidential election, Joe Davy, chief executive of the marketing firm Banzai, sent an email to the company’s…
Business
Venâncio Mondlane is Mozambique’s political challenger: what he stands for
When people watched political debates on Soico TV, one of the most watched private channels in Mozambique, around 2010, they often saw a…
Business
US: Wall St opens muted as investors assess data, Trump economic emergency report
Wall Street’s main indexes opened subdued on Wednesday (Jan 8), as investors digested softer-than-expected jobs data and took stock of a…
Business
Gordon Tang and wife increase cash offer for Suntec Reit to S$1.19 a unit
THE mandatory conditional cash offer made by property tycoon Gordon Tang and his wife Celine to acquire all the units of Suntec Real…
Business
Tesla poised for US$1 billion windfall from EU’s emissions curbs
TESLA could collect more than 1 billion euros (S$1.4 billion) in compensation from rival automakers that need help meeting tougher…
Business
Tesla poised for 1 billion euros windfall from EU’s emissions curbs
TESLA could collect more than 1 billion euros (S$1.4 billion) in compensation from rival automakers that need help meeting tougher…
Business
How long will Genesis be the inconspicuous luxury brand?
It took Toyota decades to crack the European market with Lexus but look at it now: from the low thousands year in year out to what should…
Business
Car dealer Tan Chong expects unrealised loss of HK$29 million for FY2024
TAN Chong International said on Wednesday (Jan 8) that it expects to record an unaudited unrealised loss of HK$29 million (S$5.1 million)…