Business
Convicted of bilking investors, Nikola founder and Trump donor gets a presidential pardon
Trevor Milton, the founder of electric vehicle start-up Nikola who was sentenced to prison last year for fraud, was pardoned by President…
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Business
Business
US: Stocks plunge on tariff fears, inflation data
Wall Street stocks plummeted on Friday (Mar 28), with all three major indices ending the day sharply lower in anticipation of a fresh wave…
Business
Charlie Javice Found Guilty of Defrauding JPMorgan in $175 Million Acquisition
Charlie Javice, who made big headlines in 2023 when JPMorgan Chase accused her of faking her start-up’s customer list, was found guilty in…
Business
Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
Concerns about inflation and weak consumer sentiment dragged down the stock market on Friday, as Wall Street keeps struggling to assess…
Business
Experts weigh in as Gen Z woman with $100K in savings shares 'money rules'
A 24-year-old woman has gone viral after sharing her five "money rules" which helped her save over $100,000, and financial experts have…
Business
Trump Pardons Trevor Milton, Founder of Bankrupt Truck Maker Nikola
Trevor Milton, who was convicted by a federal jury in 2022 of defrauding investors in the electric truck maker Nikola, has received a…
Business
US: Wall St opens lower after data fans inflation worries
Wall Street’s main indexes opened lower on Friday (Mar 28) as data showed underlying price pressures rose more than expected last month…
Business
PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
New DBS CEO Tan Su Shan aims for 15% to 17% return on equity
DBS should be able to hit its return on equity (ROE) target of 15 to 17 per cent through its growth strategy in the years ahead, said the…
Business
Boustead bags design-and-build contract for new pharmaceutical facility in Tuas
Boustead Singapore’s engineering and construction business unit, under its real estate solutions division Boustead Projects, has clinched…
Business
The most important part of the ocean you've never heard of
The most important place on earth that virtually no one has ever heard of is called the Saya de Malha Bank. Among the world’s largest…
Business
Singapore shares close lower despite earlier crossing 4,000-mark for the first time
Shares on the local bourse retreated on Friday (Mar 28), despite the benchmark Straits Times Index (STI) hitting an all-time high in early…
Business
UOB denies 'baseless and defamatory' claims by ex-Yang Kee CEO
The bank also issues a warning to Ken Koh; says it will take ‘appropriate actions’ against him UOB has rejected allegations by Yang Kee…
Business
Deutsche Bank extends CEO's mandate and revamps board in crucial year
Deutsche Bank has extended CEO Christian Sewing’s contract, while its deputy and another top executive will depart as part of a management…
Business
SingPost up 7.7% after divestment of Australian logistics business
Shares of Singapore Post (SingPost) surged on Friday (Mar 28) morning, a day after the company announced the completion of the sale of its…
Business
Toyota’s global output rises for second month in February on solid Japan sales
Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger…
Business
Hong Kong derivatives trading surges to record on turbulent markets and hedge fund interest
Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of…
Business
Celtics' Massive $6.1 Billion Sale in Danger of Being Canceled: Report
Will proposed new Boston Celtics majority owner Bill Chisholm be able to secure control over the 18-time NBA champions after all? That…
Business
Old image of under-construction overpass resurfaces after accident on Thai highway
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
Growing Singapore border demand boosts Malaysian bus firm IPO
Malaysian bus operator HI Mobility Bhd. is betting on increased traffic at the Singapore border to drive growth as the company readies to…
Business
Growing Singapore border demand boosts Malaysian bus firm’s IPO
Malaysian bus operator HI Mobility is betting on increased traffic at the Singapore border to drive growth as the company started trading…
Business
Singapore’s STI crosses the 4,000 mark for the first time
The Straits Times Index (STI) broke through to a new record on Friday (Mar 28) as it crossed the 4,000 mark for the first time in early…
Business
Sinarmas Land soars 23.6% on privatisation offer
The offer is a 12.7% premium over the company’s last traded price of S$0.275 on Mar 24 Shares of Sinarmas Land surged on Friday (Mar 28)…
Business
Nippon, US Steel offer increased investment to Trump officials to close deal, Semafor reports
NIPPON Steel and US Steel are in active talks about a deal that would preserve their US$14 billion merger and secure billions more in…