Business
Alibaba to sell Sun Art to buyout firm DCP for HK$12.3 billion
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile…
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Business
Business
Alibaba to sell China’s Sun Art to buyout firm at big discount
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile…
Business
The new Great Wall: China’s $70 billion, 2,700-mile water transfer mega-project
Throughout history, China has reshaped its geography to meet its growing needs. And now, it is undertaking what may be the largest…
Business
BYD chalks up new record as it narrows EV sales gap with Tesla
CHINA’S BYD enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year, narrowing its gap with Tesla as the two…
Business
Abu Dhabi’s Mubadala eclipses Saudi PIF with US$29 billion deals
ABU Dhabi’s Mubadala Investment was the world’s most active sovereign wealth fund (SWF) last year as it ramped up deal-making across…
Business
Dyna-Mac shareholders may have dodged a bullet as company delists
WHEN South Korean conglomerate Hanwha first launched its cash offer for shares in offshore oil-and-gas contractor Dyna-Mac in September…
Business
Semiconductor companies poised for more broad-based recovery in 2025
Some Singapore-listed players, such as Frencken Group and Grand Venture Technology, may come out ahead and outperform as well, say market…
Business
Fast Company Discusses the Future of AI
The fear surrounding artificial intelligence in design feels eerily familiar. As a designer who witnessed the transition from drafting…
Business
FCA Issues Warning on Unauthorized Meme Coin Project as Illegal Ads Persist
FCA Issues Warning on Unauthorized Meme Coin Project as Illegal Ads Persist Illegal crypto advertisements remain prevalent in the United…
Business
Brazil's Amazon saw highest number of fires in 17 years: agency
Brazil's Amazon rainforest experienced its highest number of fires in 17 years in 2024, government data published Wednesday showed, after…
Business
Singlife launches product-agnostic shared services hub for financial advisers
FINANCIAL advisers contracted to sell products from a specific insurance company or financial institution – or so-called tied agents – can…
Business
World’s 500 richest people surpass US$10 trillion in wealth in 2024
THE world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of…
Business
Macau 2024 casino revenues top official estimate but below pre-pandemic levels
BEIJING (Reuters) - Casino revenues in Macau, the world's biggest gambling hub, soared by nearly a quarter in 2024 but still came in short…
Business
Kingsmen Creatives appoints new CEO Chong Siew Ling
It has also appointed Marianne Soh, the general counsel of the group and the daughter of co-founder Benedict Soh, as a director…
Business
Chong Siew Ling is new CEO of Kingsmen Creatives
It also names Marianne Soh, the general counsel of the group and the daughter of co-founder Benedict Soh, as a director COMMUNICATIONS and…
Business
Citigroup says it’s leaving global climate-banking alliance
CITIGROUP said it is leaving the Net-Zero Banking Alliance (NZBA), becoming the third-biggest US lender to leave the climate-finance…
Business
Citigroup, BofA exit global climate-banking alliance
CITIGROUP and Bank of America said they are leaving a global climate-banking group, becoming the latest Wall Street lenders to exit the…
Business
Oil prices post 3% annual decline, slipping for second year in a row
OIL prices fell around 3 per cent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China’s…
Business
Dollar dominates on cautious Fed, Trump trade
THE US dollar hit a two-year high and was on track to post an annual gain against almost all major currencies on Tuesday (Dec 31) as the…
Business
Keppel delivers higher asset monetisation as it gears up for next phase of its transformation
FUND manager and operator Keppel has delivered higher asset monetisation in 2024 despite the challenging market, said chief executive…
Business
Europe: Stocks clock worst quarterly showing since 2022
EUROPEAN stocks recorded their worst quarterly showing in more than two years on Tuesday (Dec 31), as uncertainty around interest rates…
Business
US: Wall Street ends lower, capping a banner year
WALL Street lost ground on Tuesday (Dec 31) as investors closed the book on a remarkable year for equities, during which the US stock…
Business
Analysts positive on S-Reits in 2025 after a roller-coaster year
Singapore-listed real estate investment trusts seen to do better with interest rates likely to fall SINGAPORE-LISTED real estate…
Business
Blockbuster Trade Projection Would Send Marlins $56 Million Ace To Giants
Share ✓ Link copied to clipboard! The San Francisco Giants were rumored to be heavily interested in signing free-agent pitcher Corbin…