Business
The unravelling of Hin Leong and OK Lim’s fall from grace
ONCE a giant in Singapore’s oil trading industry, the collapse of Hin Leong Trading (HLT) exposed a web of fraud, forgery and financial…
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Business
Business
Dana White, U.F.C. Head, Joins Meta’s Board
In recent years, Mr. White and Mr. Zuckerberg, the Meta chief executive, have bonded over their passion for professional fighting,…
Business
Stocks to watch: Straits Trading
THE following company saw new developments that may affect trading of its securities on Tuesday (Jan 7): The Straits Trading Company: The…
Business
Google to bring Gemini AI to TV sets running its software
ALPHABET’s consumer team will give TV sets running its Google TV operating system an artificial intelligence (AI) upgrade by adding Gemini…
Business
Insurance company changes anesthesia coverage: Who it impacts
Medical Mutual has changed its reimbursement policy regarding anesthesia coverage just weeks after United Healthcare CEO Brian Thompson…
Business
Opec output dips in December as UAE improves delivery of cuts
ORGANIZATION of Petroleum Exporting Countries ‘s (Opec) crude production dipped last month as the United Arab Emirates stepped up…
Business
Europe: Shares rev up as auto sector jumps on report of softer US tariffs
EUROPEAN markets closed higher on Monday (Jan 6), as investor optimism was fuelled by a report suggesting that US tariffs might be less…
Business
Former PSA chairman and veteran banker Fock Siew Wah dies, aged 84
FORMER PSA International chairman Fock Siew Wah, who steered the port operator for over 13 years and grew its global footprint, died on…
Business
Intel says new laptop chips will extend computer battery life
INTEL, which has been fending off mounting competition in notebook processors, says a new range of chips will help enable the longest…
Business
Qualcomm’s new chips will bring AI to US$600 personal computers
QUALCOMM introduced new chips designed to power personal computers (PCs) capable of running the latest artificial intelligence (AI)…
Business
Abbie Stockard, 22-year-old Nursing Student and Cheerleader from Auburn University, Crowned Miss America 2025: A Night of Glamour and Inspiration
Abbie Stockard, a 22-year-old nursing student and cheerleader from Auburn University, has been crowned Miss America 2025. The event took…
Business
C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages
A federal regulator sued a mortgage finance firm owned by Warren Buffett’s Berkshire Hathaway conglomerate on Monday, claiming it made…
Business
Fed’s Vice Chair to Step Down From Role as Top Bank Supervisor
Michael Barr will step down from his role as the Federal Reserve’s vice chair for supervision by Feb. 28, or sooner if President-elect…
Business
US: Wall St opens higher after report of selective Trump tariffs; chip stocks gain
WALL Street’s main indexes opened higher on Monday (Jan 6) as optimism around AI boosted technology stocks, and a report suggested the…
Business
German electric vehicles sales collapse in 2024 after end of subsidy
New VW ID.Buzz electric buses are parked in a parking lot at the Volkswagen Commercial Vehicles plant.Sales of electric vehicles in…
Business
Nolan Arenado Prefers Red Sox Trade, Will Not Block Deal, New Report Says
As the MLB offseason races toward a conclusion with Opening Day just 80 days away, several top free agents remain unsigned. But there is…
Business
LG CNS begins taking orders for Korea’s biggest IPO since 2022
LG CNS, whose services include cloud and warehouse management, is accepting bids until Jan 15 LG Corp’s tech-services unit started taking…
Business
Pace of SGX delistings may not slow down in 2025: analysts
With 20 delistings in 2024, SGX faces ongoing challenges from low market liquidity, increasing regulatory scrutiny, and the growing appeal…
Business
Japan PM says blocked US Steel deal could hit investments
JAPAN’S Prime Minister Shigeru Ishiba on Monday (Jan 6) urged Washington to dispel concerns that a decision by Joe Biden to block Nippon…
Business
Straits Trading Company expects to raise up to S$10 million through digital commercial paper
THE Straits Trading Company on Monday (Jan 6) launched the second series of its three-month commercial paper in digital securities on…
Business
Asia-Pacific loans set to recover in 2025 from three-year drop
ASIA-PACIFIC loan volume outside Japan is gearing up for a rebound in 2025 driven by merger and acquisition activity and favourable rates…
Business
Chinese exchanges ask big fund managers to restrict stock selling: sources
CHINA’S main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with…
Business
Japan's Nikkei slips more than 1% on 1st trading day of 2025 after year-end rally
Japan’s Nikkei share average slipped more than 1 per cent on the first trading day of 2025 on Monday (Jan 6) as investors sold stocks…
Business
Credit Suisse’s Ray Farris named Prudential’s first chief economist
CREDIT Suisse veteran Ray Farris has been appointed chief economist of Prudential’s asset management arm, Eastspring Investments, to drive…