Business
Hong Kong IPO frenzy sets sights on record HK$250 billion fundraising for 2025
HONG Kong’s sizzling initial public offering (IPO) market is prompting the Big Four accounting firms to sharply raise their fundraising…
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Business
Business
S-Reits with best debt profiles have an average gearing ratio of 33.5%
[singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite…
Business
Companies keep slashing jobs. How worried should workers be about AI replacing them?
Tech companies that are cutting jobs and leaning more on artificial intelligence are also disrupting themselves. Amazon’s Chief Executive…
Business
Hugo Boss shareholder Frasers warns it won’t back dividends
Frasers Group warned Hugo Boss it will vote against any dividends, as the British retailer owned by billionaire Mike Ashley exerts its…
Business
Bank of England’s policymaker warns neutral rate question can’t be avoided
Bank of England (BOE) policymaker Alan Taylor said UK officials cannot sidestep the question of where interest rates will settle, in a…
Business
Opec+ considers adding more than 411,000 barrels on Saturday
Opec+ is considering accelerating its oil production revival even more rapidly than expected during a virtual meeting on Saturday (Jul 5),…
Business
Oil falls slightly ahead of expected Opec+ output increase
Oil futures slipped slightly in thin holiday trading on Friday (Jul 4), as the market looked ahead to this weekend’s Opec+ meeting and the…
Business
Europe: Shares fall as banks, mining stocks losses weigh
European shares ended lower on Friday (Jul 4) as losses in banks and mining-related stocks weighed, with focus now shifting to the Jul 9…
Business
Rebuilding global coffee stocks may need at least two good crops, experts say
By Roberto Samora CAMPINAS, Brazil (Reuters) -Rebuilding global coffee stocks may take at least a couple of good crops following…
Business
Wealth fund KIA said to be seller of HK$26.8 billion AIA stake
The Kuwait Investment Authority (KIA) was the undisclosed shareholder behind the HK$26.8 billion (S$4.3 billion) sale of a stake in…
Business
LHN proposes delisting from Hong Kong due to low trading volume, costs
Real estate player LHN has proposed a voluntary delisting from the mainboard of the Stock Exchange of Hong Kong (HKEX) due to concerns…
Business
Unnamed AIA Group shareholder is said to sell HK$26.8 billion stake
An undisclosed AIA Group shareholder sold a HK$26.8 billion (S$4.4 billion) stake in the insurer via block trades, according to people…
Business
Google’s AI Overviews hit by EU antitrust complaint from independent publishers
Alphabet’s Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers, which has also…
Business
Cathay Cineplexes operator mm2 Asia to raise funds for debt repayment via proposed share placement
The announcement comes after the cinema chain received a S$3.4 million payment demand from the landlord of its shuttered Jem outlet Media…
Business
Brandy Tariffs Just Hit--But These Luxury Giants Found a Secret Way Around Them
China just dropped a trade bomb on European brandyand investors are already repositioning. Starting July 5, the country will impose…
Business
Tesla has a problem – and it’s not just the Elon Musk backlash
Tesla is in a sales slump, with deliveries of its electric vehicles on track to decline for the second full year in a row. The polarising…
Business
Far-Flung Local Gems
In the spirit of summer travel, we’ve asked some of our writers living outside New York City to share a few of their favorite local spots.…
Business
Singapore shares slip as tariff pause will end soon; STI drops 0.2%
STI dips to 4,013.62 as decliners beat gainers 282 to 192 across the broader market Singapore equities retreated along with some regional…
Business
As US stocks hit records, experts see the dollar falling further
While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency experts to warn…
Business
SGX and HKEX in three charts
Singapore’s market is weathering a listing draught but the scene at a neighbouring rival bourse up north is quite a different picture. The…
Business
Archaeologists in Peru unveil 3,500-year-old city that linked coast and Andes
Archaeologists unveil Peñico, a city that thrived 3,500 years ago, linking Pacific coast cultures with those in the Amazon. Archaeologists…
Business
Finding Success by Solving Real Problems, Not Just Creating Cute Products
When aspiring entrepreneurs ask me for advice, I often notice a common pattern. They come to me excited about a product idea that’s…
Business
US: S&P 500, Nasdaq end at fresh records after solid jobs data
Wall Street stocks surged higher on Thursday following US jobs data that topped estimates as President Donald Trump’s massive tax cut…
Business
Loyal dog won't leave shelter without sister—then he realizes something
Hearts melted over a distressed dog's reaction to being reunited with his other half after he originally thought he was leaving the…