Business
US: Wall Street falls at open on concerns over rate outlook
WALL Street’s main indices dropped at the open on Friday (Dec 20) on fears over high interest rates next year, although a…
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Business
Business
Swiss bank watchdog blundered on Credit Suisse, report finds
THE Swiss parliament heavily criticised the previous leadership of Switzerland’s financial regulator Finma in a landmark enquiry into last…
Business
Insurance crisis could spark housing market crash worse than 2008: Report
What's New The growing instability in the U.S. homeowners insurance markets could lead to a housing crash worse than the 2008 one unless…
Business
UN food agency says 40 million people are struggling to feed themselves in West and Central Africa
DAKAR, Senegal (AP) — More than 40 million people are now struggling to feed themselves across West and Central Africa with that number…
Business
Nanofilm Technologies re-appoints founder as CEO
Current CEO will remain until Jun 13, 2025 to ensure a smooth transition of his duties and responsibilities NANOTECHNOLOGY solutions…
Business
Nanofilm Technologies reappoints founder as CEO
Current CEO will remain until Jun 13, 2025, to ensure a smooth transition of duties and responsibilities NANOTECHNOLOGY solutions provider…
Business
Competition watchdog fines two interior-construction firms nearly S$10 million for rigging tender bids
TWO contractors who provide interior fit-out construction services for non-residential properties were penalised by the Competition and…
Business
China’s hottest stock, Pop Mart, rockets 370% on craze for collectibles
IN A Vanity Fair video last month, Lisa, a member of mega K-pop band Blackpink, shared her obsession with toys from Chinese company Pop…
Business
China’s overseas investment adds to cash exodus weighing on renminbi
CHINESE firms from carmakers to miners are ramping up their overseas spending, adding to pressure on the renminbi amid an accompanying…
Business
Top Glove swings back to black with RM5.5 million Q1 net profit
GLOVE manufacturer Top Glove posted a net profit of RM5.5 million (S$1.7 million) for the first fiscal quarter ended November, reversing…
Business
Hertz My Car Subscription Review
Hertz My Car is making waves in the vehicle subscription market. It’s like having a car without the long-term commitment of a lease. You…
Business
Beijing woos AstraZeneca for investment while probe continues
BEIJING’S mayor called on AstraZeneca to expand its research and development investment in the Chinese capital, signalling that a probe…
Business
Intel shortlists suitors for programmable chip arm Altera
INTEL has shortlisted a number of buyout firms for the next round of bidding for its Altera unit, according to sources familiar with the…
Business
Apollo says private credit may reach US$40 trillion by 2030
APOLLO Global Management said that a booming part of private credit is already a US$20 trillion industry and that the market as a whole…
Business
'Wordle' today #1,280 answer, hints and clues for Friday, December 20
One of the reasons Wordle remains as popular today as when it was released three years ago is its simplicity. The easy to understand rules…
Business
SK Hynix completes deal for US$958 million in US chips grant, loan
THE Biden administration has cemented a deal to give SK Hynix as much as US$458 million in grants and US$500 million in loans to support…
Business
Tokyo inflation likely accelerated on suspended energy subsidies: Reuters poll
TOKYO (Reuters) - Consumer inflation in Tokyo likely accelerated in December on higher food costs and after the government's suspension of…
Business
Padres Could Steal $52M Star Infielder, Dodgers Target In Blockbuster Deal
✓ Link copied to clipboard! The San Diego Padres are looking to upgrade their roster this winter. San Diego has consistently been a few…
Business
Philippines may open 2025 with rate cut, central banker says
THE Philippine central bank is open to delivering another rate cut in its first monetary policy meeting next year, governor Eli Remolona…
Business
Asia: Markets mixed as traders digest Fed’s hawkish pivot
EQUITIES fluctuated on Friday (Dec 20) and the US dollar maintained its gains against its peers as investors assessed the fallout from the…
Business
Giants Predicted To Sign $210 Million Star In Dodgers-Esque Offseason Move
Share ✓ Link copied to clipboard! After Juan Soto signed the biggest contract in baseball history with the New York Mets, all the…
Business
Gold set for weekly drop; market awaits more US data for economic cues
GOLD prices were poised for a weekly fall on Friday (Dec 20) after the Federal Reserve’s verdict on its monetary policy-easing cycle noted…
Business
Italy probes CK Hutchison unit on tax in 3.4 billion euros asset sale
CK HUTCHISON’s Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4 billion euros (S$4.8…
Business
Singapore shares open lower on Friday; STI down 0.5%
SINGAPORE stocks opened lower on Friday (Dec 20), following another downbeat session on Wall Street as the US Federal Reserve’s hawkish…