Business
China’s clean energy investments reached $940bn in 2024
China's clean energy investments in 2024 amounted to 6.8tn yuan ($940bn), nearing the scale of $1.12tn global investment in fossil fuels,…
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Business
Business
HSBC expects cost-cutting drive to hit less than 8% of global headcount
HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive to cut costs…
Business
The Cryptocurrency Scam That Turned a Small Town Against Itself
In the Wichita courtroom, Hanes offered his only public reflection on the bank collapse. Wearing a gray suit, he walked up to the lectern,…
Business
Stephen Amell on why 'Suits' spinoff is a 'really big deal'
By A writer/comedian based in Los Angeles. Host of the weekly podcast Parting Shot with H. Alan Scott, every week H. Alan is joined by a…
Business
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the…
Business
China, India natural gas imports will impact Apac prices: panellists
ASIA-PACIFIC should keep an eye on natural gas imports by China and India, whose ongoing pipeline projects will heavily affect regional…
Business
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO UOB’s board has announced a S$3…
Business
Reits, banks and grocers: Potential winners from Budget 2025 measures
LONG-TERM plans to spur growth, and tax rebates and incentives for certain companies – these were among the highlights of Singapore’s…
Business
UOB looks to ‘resilient’ Asean to continue to drive growth as Q4 profit beats estimates
UOB remains confident that Asean economies will be resilient and continue to expand, even as the outlook remains uncertain amid ongoing…
Business
HP to acquire parts of Humane, Ai Pin startup from ex-Apple managers, for US$116 million
HP WILL acquire assets from Humane, the maker of a wearable Ai Pin introduced in late 2023, for US$116 million. The deal will include the…
Business
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets businesses, and…
Business
Budget 2025: Income tax concessions, GST remission for S-Reits extended for 5 years
INCOME tax concessions as well as goods and services tax (GST) remission for Singapore-listed real estate investment trusts (S-Reits) will…
Business
Cisco and IBM show old-school tech names can be AI winners too
WHILE many of the biggest and most popular technology stocks have stumbled out of the gates in 2025, some of the sector’s legacy names are…
Business
Hong Kong eyes crypto derivatives, margin lending in digital asset push
HONG Kong is considering approving derivatives and margin lending in virtual assets for some investors, its financial regulator said on…
Business
Hong Kong expands virtual asset push with new licensing, trading options
HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city races…
Business
Hong Kong banks tap most funds since 2019 as stock demand soars
HONG Kong banks borrowed the largest amount of short-term cash in more than five years on Tuesday (Feb 18), as they sought to keep up with…
Business
Singapore evolves to meet commodity sector’s changing needs amid trade tensions: EnterpriseSG’s Cindy Khoo
IN A much more complex global trade environment, Singapore will focus on growing new trade flows, specialised trade expertise and…
Business
FTX refunds: Temasek, BlackRock, SoftBank, Sequoia, Tom Brady, Shaquille O’Neal likely beneficiaries
AFTER more than two years of hand-wringing, creditors of bankrupt crypto exchange FTX are heaving a sigh of relief as the trading…
Business
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, the ambitious start-up behind the Ai Pin device that aimed to one day replace smartphones, agreed to sell parts of its business to…
Business
iPhone parts maker Murata eyes supply chain shifts towards India
APPLE iPhone components maker Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a…
Business
PGA Tour and LIV Golf Look for Merger Deal Under Trump
The PGA Tour and Saudi Arabia’s sovereign wealth fund are racing to reshape their plans to combine their rival golf circuits, emboldened…
Business
UOB hits a fresh high, with Singapore’s STI reaching yet another record
At the open, the counter edges up 1.3 per cent or S$0.50 to an all-time high of S$39.15 SHARES of UOB rose to a new high on Wednesday (Feb…
Business
Borrowing strain hits NAB’s Q1 profit, shares dive
NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday that first-quarter profit slipped as competition for…
Business
Norinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talent NORINCHUKIN…