Business
China’s Eastroc beverage seeks up to HK$10 billion from Hong Kong listing
Chinese energy-drink maker Eastroc Beverage Group has started taking investor orders for its second listing in Hong Kong that may fetch as…
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Business
Business
Airbus CEO warns of new risks after ‘significant’ trade damage
‘The industrial landscape in which we operate is sown with difficulties,’ says Guillaume Faury The head of Airbus has warned staff that…
Business
Market on high alert for yen intervention after Takaichi warning
ERS will start the week on heightened alert of Japan government intervention to halt the yen’s recent slide – possibly with rare US…
Business
Speculative frenzy catapults silver above US$100/oz
Analysts say rapid nature of precious metal’s gains position it for a major correction Silver prices vaulted above US$100 an ounce on…
Business
Fear comes to India’s property developers
How much further will the current bout of pessimism run? The answer depends on how the industry boosts its efficiency WITH markets from…
Business
Jardine Matheson buys back shares; Soon Hock’s Tan Yeow Khoon builds stake
Institutions were net buyers of Singapore stocks from Jan 16 to 22, with net institutional inflow of S$1.7 million For the five trading…
Business
Lawsuit claims Meta can see WhatsApp chats in breach of privacy
The complaint cites ‘whistleblowers’ as having helped bring this information to light, though it doesn’t explain who they are…
Business
Singapore doubles down on AI with S$1b R&D push amid US, China dominance
Authorities will partner industry players such as Changi Airport Group and Sembcorp to build core AI engineering capabilities The…
Business
Pete Golding, Ole Miss under investigation after Dabo Swinney accusations
Clemson head coach Dabo Swinney may have poked a hornet’s nest on Friday when he spilled to reporters that Ole Miss head coach Pete…
Business
SGX board lot sizes: A win for retail investors?
The exchange says that the lower minimum investment size for higher-priced securities would potentially broaden investor participation…
Business
China deepens probe into Meta’s landmark US$2 billion buyout of Singapore-based Manus
ING is deepening an investigation into Meta Platforms’ US$2 billion acquisition of Chinese-founded artificial intelligence (AI) startup…
Business
TikTok’s new CEO brings Hollywood connections, ByteDance loyalty
OK picked an insider to lead its newly created US business, choosing an executive with deep ties to the entertainment world and history…
Business
BlackRock cuts value of private debt fund by 19%, waives fee
A BLACKROCK private debt fund expects to mark down the net value of its assets 19 per cent after a string of troubled loans weighed on…
Business
European stocks end a five-week winning streak after Greenland turmoil
PEAN shares finished lower on Friday (Jan 23) and logged weekly losses as investors exercised caution and assessed any potential trade…
Business
Autodesk to cut 1,000 workers as the tech company bets on AI
Software company Autodesk is slashing roughly 1,000 roles, representing a 7% cut of its global workforce. The San Francisco company, which…
Business
US stocks open lower as Intel weighs
stocks opened mostly lower on Friday (Jan 23), putting the main indexes on track for a second consecutive weekly drop, as Intel tumbled on…
Business
Testify To Ambition And Touch The Sky
I’ve built companies through messy markets and wild swings. That grind taught me something simple: attitude sets the ceiling. If you want…
Business
Louise Bourgeois’s Art Can Still Enthrall
In recent years, Noche Flamenca, New York’s finest flamenco troupe, has been taking inspiration from the art of Francisco Goya. The…
Business
Singapore stocks track global rally; STI up 1.3% after hitting new high
Singapore stocks ended higher on Friday (Jan 23), tracking a global rally in markets. The benchmark Straits Times Index (STI) hit a new…
Business
Australia’s Guzman y Gomez signs exclusive delivery deal with Uber Eats
Guzman y Gomez (GYG), a Mexican-themed restaurant chain in Australia, has signed a multi‑year exclusive strategic partnership with Uber…
Business
Starhill Global Reit wins arbitration proceedings over Adelaide mall lease
Department store chain Myer had alleged that the mall was ‘substantially empty of suitably presented retail stores’ The manager of…
Business
DBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts DBS Group…
Business
Why Indonesia’s rupiah hit a record low in January
Indonesia’s rupiah has been under sustained pressure for months as investors grow uneasy about the country’s fiscal outlook and the…
Business
UOB soars 3.6%, hitting record alongside OCBC; STI up 1% to new peak
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-new peak. UOB shares rose 3.6…