Business
From tech to financial services: Layoffs and job cuts in 2025
RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries.…
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Business
Business
Indonesia launches new multi-billion-dollar sovereign wealth fund
Prabowo Subianto has ordered sweeping cuts across government to fund his key campaign pledges including the new investment vehicle (Bagus…
Business
Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while…
Business
Indonesia’s new Danantara investment fund readies for launch
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could…
Business
Indonesia launches sovereign wealth fund aiming to hold US$900 billion in assets
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could…
Business
Indonesia launches Danantara investment fund, channelling US$20 billion into 20 strategic projects
Indonesia officially launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to…
Business
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to…
Business
Millie Bobby Brown turns heads with new look at SAG Awards
Entertainment gossip and news from Newsweek's network of contributors Millie Bobby Brown walked the red carpet at the 2025 SAG Awards on…
Business
WiseTech board quits as founder Richard White wins power struggle
WISETECH Global’s founder and largest shareholder Richard White appears to have triumphed in a high-level power dispute after almost every…
Business
Olam to sell remaining stake in Olam Agri for US$4 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock…
Business
Olam to sell 44.58% stake in Olam Agri for US$1.8 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock…
Business
Olam to sell remaining stake in Olam Agri for US$2.6 billion, focuses on IPO of business unit ofi
OLAM is divesting its remaining stake in Olam Agri to Saudi Agricultural and Livestock Investment Company (Salic) for US$2.6 billion.…
Business
Stocks to watch: Olam, Raffles Medical, Sats, UOB, CapitaLand India Trust, Venture
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 24): Olam: The group on Monday…
Business
Gold market ructions drive Singapore exports to the US
GOLD shipments from Singapore to the US climbed to the highest level in almost three years in January, a further sign of the ructions in…
Business
Raffles Medical jumps 6.7% on 100 million share buyback plan; posts 4.3% rise in H2 profit to S$31.6 million
PRIVATE healthcare provider Raffles Medical Group posted a 4.3 per cent rise in net profit to S$31.6 million for its second half ended Dec…
Business
Kristen Bell wears adult diaper ahead of SAG Awards
Entertainment gossip and news from Newsweek's network of contributors Kristen Bell is hosting the 2025 SAG Awards — and her award fit may…
Business
Australia’s Perpetual ends talks with KKR on sale of wealth, trust units
AUSTRALIA’S Perpetual on Monday said it has ended talks with KKR for the sale of its wealth management and corporate trust units, while…
Business
Berkshire to boost investments in Japanese trading houses
WARREN Buffett said on Saturday (Feb 22) that his conglomerate Berkshire Hathaway will likely increase its ownership in the five Japanese…
Business
Seven & i Holdings picks Bain as preferred buyer in asset sale: report
Bain is believed to have offered a valuation of more than 700 billion yen for York Holdings JAPAN’S Seven & i Holdings, operator of the…
Business
Nasdaq soars to new heights: What investors should know
ON FEB 19, both the S&P 500 and Nasdaq-100 achieved record highs, climbing by 0.2 per cent and 0.1 per cent, respectively. Their upward…
Business
Malaysia’s Sunway sets sights on regional expansion
With success in its home base, the company is now looking to expand its reach in the region, especially in existing markets such as…
Business
MAS review group disappoints, then delivers
Some market watchers may worry demand-side measures such as the S$5 billion EQDP are the wrong place to start, but the review group has…
Business
Can MAS Review Group’s S$5 Billion Boost Revive the SGX?
An effective overhaul of the ecosystem could depend on the full set of measures, due to be released by August THE full update on the…
Business
Housing market gets worrying sign
Sales of existing homes in the U.S. fell by 4.9 percent in January compared to the month before to a seasonally adjusted rate of 4.08…