Business
S-Reits surge as banks decline; see beginnings of a rebound
Trade tensions in global markets were evident in the performance of global banks in recent weeks. The Singapore trio of DBS, OCBC and UOB…
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Business
Business
Are Nigerians abroad widening the class divide back home?
Scenes playing out in Nigeria during holiday periods could be in a movie: emotional reunions at airport terminals, champagne flowing like…
Business
BTS' Jungkook Caught in Massive HYBE Stock Heist Worth $5.6 Million, Identity Thief Remains at Large
K-pop icon Jungkook of BTS has fallen victim to a large-scale identity theft involving HYBE shares worth 8.44 billion KRW (approximately…
Business
Electric tricycles are a ticket to respect and prosperity for some rural women in Zimbabwe
WEDZA, Zimbabwe (AP) — Anna Bhobho, a 31-year-old housewife from rural Zimbabwe, was once a silent observer in her home, excluded from…
Business
Career Coaches: Worth the Money?
Are you considering hiring a career coach but unsure if it’s worth the expense? You’re not alone. Many people hesitate to invest in…
Business
Volkswagen's Fight for Relevance in China: Can 11 New Models Turn the Tide?
Can VW regain its rank? Volkswagen, once the dominant foreign automaker in China, is struggling to keep pace in the country’s rapidly…
Business
Existing ByteDance investors emerge as front-runners in TikTok deal talks
White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company…
Business
Europe: Shares end week higher; airlines hit by Heathrow closure
European shares fell alongside other major global stock markets on Friday (Mar 21) on uncertainty over trade tensions and geopolitical…
Business
US: Stocks shrug off economic jitters to close higher
Wall Street stocks closed higher on Friday (Mar 21) after fluctuations, shaking off ongoing economic uncertainty including those triggered…
Business
Flights Resume at Heathrow After Substation Fire Shut Down Airport
Heathrow Airport in London was plunged into chaos after a fire at an electrical substation shut down operations at one of Europe’s busiest…
Business
Gold smashes records but price easing expected in near term: market watchers
Gold prices are expected to consolidate in the near term after breaking record highs earlier this week, said market watchers. Spot gold…
Business
Musk tells Tesla employees to hold on to their stock amid protests
Tesla Chief Executive Elon Musk told employees to hold on to their stock and stay optimistic amid a series of blows to his company’s…
Business
Robert Denham, Lawyer Who Steered Companies Through Crises, Dies at 79
Robert E. Denham, a mergers-and-acquisitions lawyer who was known for parachuting into imperiled companies and splintered board rooms and…
Business
FBI’s Biggest Office Reduced to One Job: Redacting Epstein Files
The FBI’s New York field office normally handles counterintelligence, counterterrorism, public corruption, international drug trafficking,…
Business
Starhill Global Reit obtains S$600 million sustainability-linked loan for refinancing
The use of these term facilities and refinancing are expected to take place from June to September Starhill Global Real Estate Investment…
Business
Chinese EV maker Nio’s net loss deepens in Q4 despite record vehicle delivery
Chinese electric vehicle (EV) maker ’s net loss deepened to 7.1 billion yuan (S$1.3 billion) in the fourth quarter ended Dec 31, 2024,…
Business
Tether engages ‘Big Four’ firm for long-awaited reserve audit
Tether, the creator of the world’s largest stablecoin, is “engaging with a Big Four accounting firm” as it pushes for a long-awaited audit…
Business
AstraZeneca invests US$2.5 billion in Beijing, undeterred by probe
AstraZeneca will invest US$2.5 billion in a new research centre in Beijing, in a major show of commitment to China just months after the…
Business
US: Wall St opens lower on tariff woes
Wall Street opened lower on Friday (Mar 21) as investors continued to navigate the complex landscape of tariffs, with FedEx becoming the…
Business
UOB CEO Wee Ee Cheong’s 2024 pay down 5.5% at S$15 million despite record net profit
UOB chief executive officer Wee Ee Cheong’s annual salary for 2024 dipped, despite the bank reporting a record net profit for the full…
Business
China’s central bank says it will boost forex market resilience
The bank will study creating new structural monetary policy tools and support the investment and financing of technology innovation,…
Business
Young, rich Indians drive surge in Lamborghini and Mercedes-Maybach sales
Lamborghini and Mercedes-Maybach plan to expand in India as a growing tribe of young, rich Indians splurge on super luxury cars, driving…
Business
Majority of Chocolate Finance withdrawals have been paid out
As at Friday (Mar 21), all redemption requests that Chocolate Finance received between Mar 10 and the 1 pm cut-off on Mar 18 have been…
Business
Singapore’s competition watchdog gives green light to SIA-ANA cooperation for Singapore-Tokyo route
Singapore’s competition watchdog on Friday (Mar 21) said it has conditionally approved a proposed commercial cooperation between Singapore…