Business
China's central bank injects 700 billion yuan of outright reverse repos in May
Market participants are closely watching for signals on when the PBOC will resume purchases of its own government bonds China’s central…
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Business
Business
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group…
Business
MacDermid Alpha Electronics Solutions expands Singapore production facility
Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production…
Business
Fuji Offset Plates Manufacturing shares jump 67% after former Dyna-Mac CEO AC Lim buys S$4.5 million stake
It appears former Dyna-Mac chairman and chief executive Lim Ah Cheng – better known in the industry as AC Lim – is working his magic…
Business
AI to send Asia’s data centre spending and power needs up; Morgan Stanley picks the winners
Data centre investments in Asia will likely double to US$200 billion by 2030, as the rising use of artificial intelligence (AI) will…
Business
US regulator drops lawsuit against Binance
The US Securities and Exchange Commission (SEC) on Thursday dropped its civil lawsuit against the cryptocurrency exchange Binance and its…
Business
Livingstone Health back in the black, logs H2 profit of S$0.4 million from streamlining efforts, higher revenue
Livingstone Health Holdings Limited booked a net profit of S$0.4 million for the second half-year ended Mar 31, a reversal of the net loss…
Business
IHH Healthcare revenue could soften on medical inflation measures
IHH Healthcare will likely face “some softening of (patient admissions) and revenue” from measures the group has implemented to combat…
Business
Microsoft touts AI sales at town hall, reveals Barclays contract
MICROSOFT touted its progress selling artificial intelligence tools to corporate customers during a companywide town hall on Thursday,…
Business
Jardine Matheson Holdings names Lincoln Pan as CEO-designate as group managing director John Witt retires
Hong Kong-based conglomerate Jardine Matheson Holdings on Thursday (May 29) announced the appointment of Lincoln Pan as chief…
Business
Jardine Matheson Holdings names Lincoln Pan as CEO-designate ahead of group managing director John Witt’s retirement
Hong Kong-based conglomerate Jardine Matheson Holdings on Thursday (May 29) announced the appointment of Lincoln Pan as chief…
Business
Stocks to watch: IHH Healthcare, Keppel, Jardine Matheson, Cordlife
The following companies saw new developments that may affect trading of their securities on Friday (May 30). IHH Healthcare: The…
Business
Bank of England’s Bailey says uncertain outlook demands careful approach to rate cuts
Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate…
Business
US judge sentences ex-Goldman Sachs banker to two years over 1MDB scandal
A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued…
Business
US: Stocks rise as market weighs tariff ruling
Wall Street stocks finished modestly higher on Thursday following strong earnings from Nvidia as a judicial ruling added to uncertainty…
Business
Businesses tackling Asia’s ageing crisis awarded S$3 million at DBS Foundation’s Impact Beyond Awards
Smart emergency-response devices available round the clock and using artificial intelligence (AI) to help clients match with caregivers…
Business
Proportion of female directors at top 100 SGX companies surpasses 25% target in 2024
The proportion of female directors in the largest 100 Singapore-listed companies hit 25.1 per cent last year, up from 23.7 per cent in…
Business
The First-time Homebuyer’s Guide to a Smooth Mortgage Process
Buying your first home is an exciting milestone, but it can also be overwhelming with all the decisions to make and steps to follow. Among…
Business
Economist says stock market gains are sign Trade Court ruling will be overturned
The stock markets' modest gains on Thursday are a sign that investors are confident that a federal court decision blocking some of…
Business
The Myth of the Young Entrepreneur: Why Experience Matters
We’ve all heard the romanticized tales of teenage dropouts who build tech empires from their garages and become billionaires before…
Business
Life is improving in Nigeria, Tinubu says
President Bola Tinubu has told Nigerians that the worst is behind them and that the country is getting better, in a speech to mark the end…
Business
Independent financial adviser appointed for partial offer for Cordlife
Cordlife has appointed Novus Corporate Finance as the independent financial adviser for a voluntary conditional cash partial offer it has…
Business
Baby learns to crawl, what dog sibling does next leaves mom in hysterics
Hearts have melted over a dog who has started copying his human baby brother as he learns to crawl. Smokey the Staffordshire bull terrier…
Business
IHH Healthcare Q1 profit falls 33% to RM514 million on exceptional items
Integrated healthcare operator IHH Healthcare on Thursday (May 29) posted a 33 per cent fall in net profit to RM514 million (S$156.3…