Business
Tencent Music in talks to buy Ximalaya for US$2.4 billion
Tencent Music Entertainment Group is in advanced talks to buy Chinese podcasting startup Ximalaya in a US$2.4 billion deal that would…
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Business
Business
How to Talk to Your Children About Money in These Uncertain Times
Stock market gyrations. Inflation. Layoffs of federal workers. A possible recession. Children may overhear their parents talking about…
Business
Facing the Trump Tariffs, Markets Are Bracing for an Economic Storm
It is in a president’s interest to ensure that the economy and the stock market are strong. Yet the Trump administration has been doing…
Business
Toyota chairman proposes record buyout of its supplier at US$42 billion valuation
Toyota Motor chairman Akio Toyoda has proposed a buyout of supplier Toyota Industries, people familiar with the matter said, seeking to…
Business
China’s Didi recruits ride-hailing drivers in Hong Kong push
China’s Didi Global is quietly recruiting new drivers in Hong Kong as it looks to grow outside of mainland China. The move sets the…
Business
iFast Q1 net profit rises 31.2% to S$19 million on continued growth in UK bank, wealth management platform business
Digital bank and wealth management platform iFast said its net profit rose 31.2 per cent year on year to S$19 million for the first…
Business
Will Cars, Phones and Other Goods Be Too Big to Tariff?
A dovish shift Stocks are on a three-day winning streak as investors cheer cooling trade-war tensions. Another boost has come from the Fed…
Business
BYD first-quarter profit soars, beating Tesla on another metric
BYD’s net income in the first quarter jumped to 9.15 billion yuan (S$1.7 billion), overtaking Tesla on another key metric and signalling a…
Business
Seatrium chief financial officer resigns, to be replaced by strategy EVP
Current CFO Adrian Teng is leaving to pursue personal interests, with Stephen Lu taking up the role Seatrium has appointed Stephen Lu, its…
Business
Singapore shares close lower on Friday; STI slides 0.2%
Across the broader market, gainers outnumber decliners 309 to 208, as 1.4 billion securities worth S$1.53 billion change hands Stocks on…
Business
Whiskey Fraud Strikes Britain and Ireland
There are some 48,000 barrels of Scotch whisky quietly aging in Martin Armstrong’s warehouses in southwestern Scotland. Last year, 17 of…
Business
Samsung to invest US$117 million in southern Indian facility
South Korea’s Samsung Electronics will invest US$117.09 million in its facility in southern India, a minister said on Friday (Apr 25),…
Business
Markets Rise on Hints of Easing Trade Tensions
Markets rose on Friday, setting the stage for their fourth straight positive day, as investors continued to look for signs of easing trade…
Business
China’s Baidu says its Kunlun chip cluster can train DeepSeek-like models
[BEIJING/SHANGHAI] China’s Baidu has successfully “illuminated” a cluster comprising 30,000 of its self-developed, third-generation P800…
Business
Suntec Reit sees subdued retail sales, expects office, retail tenants to hold off expansion plans
Office and retail tenants are expected to hold off on their expansion plans amid uncertainty over the impact of US tariffs, said the…
Business
Seven & i’s new CEO aims aggressive investments in US stores
Seven & i Holdings’ new chief executive officer plans to boost investments in its US stores using cash from a planned listing of its…
Business
Keppel Infrastructure Trust downgraded to ‘hold’; Mapletree Logistics Trust ‘buy’ call maintained: DBS
Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season – where they have kept their…
Business
DBS downgrades Keppel Infrastructure Trust to ‘hold’, keeps Mapletree Logistics Trust at ‘buy’
Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season: They have kept their “buy”…
Business
Singapore Airlines, OpenAI link up to build AI solutions to raise efficiency, customer service
SIA will also beef up its operational processes by integrating OpenAI’s advanced AI models into its existing tools Singapore Airlines…
Business
HSBC launches wealth centre at Star Vista, seeks to deepen local wealth banking network
HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista, marking the second of three…
Business
Citi picks Goldman Sachs’ Christopher Chan to head Asia-North and South markets solutions for financial institutions
Citi on Friday (Apr 25) announced that former Goldman Sachs banker Christopher Chan will be its new Asia-North and South head of markets…
Business
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, launch share buyback programme
Property group Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator for…
Business
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, and launch share buyback programme
Asian property developer Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator…
Business
Southwest CEO says US airline industry is already in a recession
The Dallas-based carrier is more dependent on domestic leisure travellers for revenue than US peers with more extensive international…