Business
Tesla launches new Model Y in US, Canada, Europe weeks after China
ELON Musk’s Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on…
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Business
China’s new rules to add one trillion yuan into market: analysts
ANALYSTS see China’s latest initiatives injecting at least one trillion yuan (S$186 billion) of additional flows in 2025 into its ailing…
Business
Analysts upgrade Frasers Centrepoint Trust to ‘buy’, citing its high retail portfolio occupancy
ANALYSTS have upgraded Frasers Centrepoint Trust (FCT) to a “buy” rating, citing its high retail portfolio occupancy and ongoing asset…
Politics
Tiktok’s possible buyers, from Elon Musk to MrBeast
TIKTOK’S Chinese parent company has just over two months to find a buyer for the app’s US business or face a nationwide ban, after getting…
Business
LNG firm Venture Global gets US$1.75 billion in year’s biggest IPO
VENTURE Global raised US$1.75 billion in its initial public offering (IPO), pricing its shares in the middle of a marketed range. The…
News
Keppel gets US approval to build first SG-US subsea cable amid region’s digital infrastructure push
KEPPEL has been granted a subsea cable landing licence by the US for a subsea cable system connecting Singapore to the country. This…
News
Keppel gets US approval to build SG-US subsea cable amid region’s digital infrastructure push
KEPPEL has been granted a licence by the US for a subsea cable system connecting Singapore to the US West Coast, said the firm on Friday…
Politics
Gold set for fourth week of gains amid Trump policy jitters
GOLD prices edged higher and were on track for a fourth straight weekly gain on Friday (Jan 24), as uncertainty about US President Donald…
Business
Hong Kong’s CKI is said to weigh sale of UK’s £4 billion Eversholt Rail
CK INFRASTRUCTURE Holdings is evaluating options for Eversholt Rail, including a possible sale that may value the British rolling stock…
Business
Singapore shares rise at Friday’s open, STI up 0.2%
SINGAPORE shares started trading in positive territory on Friday (Jan 24), tracking a rise in other global markets. As at 9.01 am, the…
Politics
Singapore stocks fall amid easing monetary policy settings and Trump tariff remarks; STI down 0.1%
SINGAPORE shares ended slightly lower on Friday (Jan 24), following the Monetary Authority of Singapore (MAS) easing monetary policy…
Business
Stocks to watch: Mapletree Pan Asia Commercial Trust, Keppel DC Reit, Suntec Reit, ESR-Reit
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 24): Mapletree Pan Asia Commercial…
Business
Crypto’s richest man CZ turns venture capital firm into giant family office
ZHAO Changpeng “CZ”, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former…
Business
ESR Reit posts 15.9% fall in H2 DPU to S$0.00997
THE manager of ESR Real Estate Investment Trust (ESR Reit) posted a distribution per unit (DPU) of S$0.00997 for its second half (H2)…
Business
No major impact from Johor data centres, US export ban: Keppel DC Reit manager
NEW data centres in Johor, Malaysia, and the US chip export ban are unlikely to have a big impact on Keppel DC Reit, said the manager on…
Business
Billionaire McCourt says he is open to teaming up on a TikTok bid
US BUSINESSMAN Frank McCourt is open to teaming up with other buyers on a bid to take over the US operations of TikTok as long as he can…
Business
Mitsubishi Motors considering not joining Nissan-Honda merger, Yomiuri says
MITSUBISHI Motors, a junior partner of Nissan Motor, is considering not joining a planned business merger between Nissan and Honda Motor,…
Business
Disney raises Bob Iger’s pay by 30%, reflecting turnaround in profit
WALT Disney boosted chief executive officer Bob Iger’s total pay by 30 per cent in fiscal 2024, underscoring his turnaround of the media…
Business
JPMorgan boosts Jamie Dimon’s pay to US$39 million after record profit
JPMORGAN Chase lifted chief executive officer Jamie Dimon’s pay to US$39 million for 2024, a year in which the biggest US bank beat its…
Business
Tiktok weighs non-sale options, ByteDance’s Bill Ford says
BYTEDANCE is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.…
Politics
CNN eyes 200 job cuts, streaming overhaul
US NEWS network CNN will shed six per cent of staff, some 200 people, the outlet said on Thursday as it embarks on a major shakeup of…
News
EV maker Nikola explores sale, partnerships with cash dwindling
NIKOLA is exploring options to stave off a cash crunch, including potentially selling parts or all of the company, according to sources…
Business
Texas Instruments forecast signals chip slump is persisting
TEXAS Instruments gave a disappointing earnings forecast for the current period, a sign it’s contending with still-sluggish chip demand…
Business
Boeing forecasts big loss on defence troubles, strike; shares drop 2.5%
BOEING’S loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped US planemaker said on…