Business
JPMorgan plans major revamp of Madison Avenue skyscraper
JPMORGAN Chase is planning a renovation of its old headquarters building at 383 Madison Avenue and will use the space to house…
Tag
Times
Business
JPMorgan plans major revamp of Manhattan’s Madison Avenue skyscraper
JPMORGAN Chase is planning a renovation of its old headquarters building at 383 Madison Avenue and will use the space to house…
Business
SoftBank, OpenAI plan US$19 billion each for Stargate: report
SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI)…
Business
Barclays sees heightened competition in India from Japan banks
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more…
Business
Shareholders of Australian apparel retailers Myer, Premier approve merger
SHAREHOLDERS of Australian apparel retail firms Myer and Premier Investments approved on Thursday the merger of the latter’s apparel…
Business
JPMorgan, Goldman CEOs resist calls to roll back DEI programmes
JPMORGAN Chase and Goldman Sachs are pushing back on demands to roll back their diversity initiatives. In television appearances on…
Business
Ley Choon surges 15% as investors positive on construction upturn
SHARES of construction and engineering company Ley Choon jumped on Thursday (Jan 23) morning, after The Business Times reported that the…
Politics
Gold holds near record high amid Trump policy risks
GOLD held steady near its record high on Thursday (Jan 23) as investors awaited further direction from the new Trump administration…
Business
Bain matches CC Capital’s offer for Australia’s Insignia Financial at A$3.07 billion
INSIGNIA Financial’s shares hit a three-year high on Thursday (Jan 23), driven by a revised takeover offer of A$3.07 billion (S$2.6…
Business
Singapore shares rise at Thursday’s open; STI up 0.6%
SINGAPORE shares started trading in positive territory on Thursday (Jan 23) morning, mirroring overnight gains in global markets. As at…
Business
Singapore stocks close higher on Thursday as inflation eases; STI up 0.7%
SINGAPORE stocks ended higher on Thursday (Jan 23), after the Republic reported that full-year inflation in 2024 came in at 2.4 per cent.…
Business
Ascott bags 16 new signings under Oakwood portfolio to tap growing ‘bleisure’ market
ASCOTT, the wholly owned lodging business unit of CapitaLand Investment, has secured 16 new signings under the Oakwood brand in 2024, up…
Business
SK Hynix posts record quarterly profit surpassing Samsung on AI boom
SOUTH Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as…
Business
Asia hedge funds post biggest annual returns since the pandemic
ASIA hedge funds rebounded in 2024, with many posting double-digit gains as China stocks recovered, Japan’s equity rally hit new heights…
Business
Stocks to watch: CapitaLand Investment, Mapletree Industrial Trust, Frasers Centrepoint Trust
THE following companies saw new developments that may affect trading of their securities on Thursday (Jan 23). CapitaLand Investment: Its…
Business
Microsoft poised to benefit from Stargate joint venture with zero money
WHEN President Donald Trump joined tech executives on Tuesday (Jan 21) to tout a multibillion-dollar artificial intelligence (AI) project…
Business
Amazon exits Quebec operations, to cut about 1,700 jobs; Ottawa unhappy
E-COMMERCE giant Amazon.com is exiting its operations in the Canadian province of Quebec, leading to the loss of about 1,700 full-time…
Business
KKR combines US$157 billion infrastructure, real estate businesses
KKR is moving its infrastructure and real estate assets under the same leadership as it looks to capitalise on converging opportunities…
News
Samsung to beat Apple to ultrathin phone with Galaxy S25 Edge
SAMSUNG Electronics plans to launch an ultrathin version of its Galaxy S25 phone in the first half of this year, beating Apple to a…
Business
DBS, OCBC, UOB to gain from higher AUM, fees amid booming family office scene
Upcoming Singapore Budget may give further tax incentives for philanthropy, sustainability SINGAPORE’S strong family office sector will…
Business
JPMorgan’s Dimon sees inflated stocks as ‘animal spirits’ return
JPMORGAN Chase’s dealmakers are spending their time in the Swiss Alps huddling with ebullient clients, but the boss of the biggest US bank…
Business
US: Wall St opens higher after Netflix results, Trump's AI investment plans
Wall Street’s main indexes opened higher on Wednesday (Jan 22), with the benchmark S&P 500 just shy of a record high, as investors cheered…
Business
Frasers Centrepoint Trust posts 99.5% retail portfolio occupancy for Q1
FRASERS Centrepoint Trust (FCT) posted a committed occupancy of 99.5 per cent for its retail portfolio for the first quarter of its…
Business
Mapletree Industrial Trust posts 1.5% rise in Q3 DPU to S$0.0341
THE distribution per unit (DPU) for Mapletree Industrial Trust (MIT) rose 1.5 per cent to S$0.0341 for its third quarter ended Dec 31,…