Business
China road trip exposes list of uninvestable assets in the West
Venture capitalists (VCs) in clean tech are starting to say out loud what they have suspected for a while: China’s dominance has left key…
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Business
Business
Toll Group banks on India’s logistics growth amid rise of ‘quick commerce’
While Singapore is its top Asia market, India is the ‘most exciting’, says executive chairman Thomas Knudsen Toll Group expects its Indian…
Business
Oil prices slip as robust supply outweighs Fed cut
Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first…
Business
Europe: Shares finish week flat after key central bank verdicts
European shares were little changed on Friday (Sep 19), capping an eventful week on a benign note with sentiment that was largely shaped…
Business
US: Stocks end at records, extending rally
Wall Street stocks finished at fresh records on Friday (Sep 19), extending a rally after the US Federal Reserve announced its first…
Business
Remember This Week—It’s the Week America Became a Different Place
This is certainly an “only in America” story, but I do not mean that in the normal, heroic sense. I mean it in the creepy, corporate,…
Business
What the BOJ unwinding its ETF holdings means for Japan
THE Bank of Japan (BOJ) plans to start unwinding its exchange-traded fund (ETF) holdings, in a process that could take more than a century…
Business
Agoda saga: Companies should not stop retrenched employees from getting union help, says MOM
Agoda recently laid off 50 Singapore staff, and said it would deny severance benefits if they reported the retrenchments to agencies or…
Business
US: Wall St opens higher after rally, FedEx gains
Wall Street’s main indexes opened higher on Friday (Sep 19) after rallying to record highs in the previous session, while FedEx rose as…
Business
Coca-Cola bottler ‘plans plant closures in South Africa with 600 jobs at risk’
Bottling group Coca-Cola Beverages South Africa (CCBSA) is reportedly planning to close two factories in a move that could lead to more…
Business
Intel’s Nvidia deal expected to be a mixed blessing for Asian chipmakers
TSMC, Samsung and other powerhouses are building multibillion-dollar plants in the US amid pressure from the Trump administration to…
Business
Singtel’s Optus investigating emergency hotline outage that caused death of three people
The Australian telco will co-operate fully and transparently with all relevant government agencies and regulatory bodies Singtel’s…
Business
Video of Uganda's Yoweri Museveni saying 2026 presidential bid will be his last is doctored
As Uganda gears up for the January 2026 polls, President Yoweri Museveni, who has been in power since 1986, is seeking to extend his…
Business
STI continues slide on Friday, falls 0.2%
Across the broader market, advancers outnumber decliners 295 to 262 after 2.6 billion shares worth S$3.3 billion change hands Singapore…
Business
Singapore reviewing short seller claim against India's Vedanta
The Singapore Police Force replied to Viceroy’s complaint, assigning it a reference number indicating it was reviewing the matter The…
Business
Philippines central bank tightens rules on large cash withdrawals amid graft crackdown
The new rule comes amid a government-led anti-corruption crackdown on infrastructure projects The Philippine central bank has tightened…
Business
Bank of Japan keeps interest rates unchanged at 0.5 per cent, decides to start selling ETFs
The Bank of Japan (BOJ) kept interest rates steady on Friday (Sep 19) but decided to start selling its holdings of risky assets, taking…
Business
Boustead’s proposed Reit listing has portfolio value of S$1.9 billion
The portfolio will comprise 23 logistics and industrial properties – 21 in Singapore and two in Japan Boustead Singapore said on Thursday…
Business
Intel shares soar as Nvidia embrace brings it into the AI boom
Intel shares have skyrocketed after Nvidia announced plans to invest in and partner with the company, sparking hope that the old chipmaker…
Business
US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
Business
Nvidia invests US$5 billion in Intel, plans to co-design chips
Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to…
Business
New partnership to develop autonomous tech for construction equipment
Japan-based deep-tech startup TIER IV, as well as Komatsu and Earthbrain have partnered to develop technologies for automating…
Business
STI falls on Thursday, down 0.3%
Decliners outnumber advancers 322 to 233 across the broader market with 2.4 billion shares worth S$1.4 billion changing hands The Straits…
Business
DESPAR Italia launches seven new stores
DESPAR Italia has expanded its footprint in the country with the launch of seven new stores. The new stores cover both the DESPAR and…