Business
US: Wall St opens higher after softer-than-expected producer price data
WALL Street’s main indexes opened higher on Tuesday (Jan 14), as investors assessed softer-than-expected producer inflation to gauge the…
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Business
Business
Anysphere, a Maker of A.I. Coding Software, Raises $100 Million
Anysphere, whose Cursor software uses artificial intelligence to help programmers code on the fly, plans to announce on Tuesday that it…
Business
Apollo, StanChart sign US$3 billion energy transition partnership
APOLLO Global Management and Standard Chartered have formed a partnership to finance infrastructure deals, renewable energy and the…
Business
Dieselgate: Volkswagen's emissions scandal troubles are far from over
Almost 10 years after the diesel emissions scandal at Volkswagen, you could be forgiven for thinking that the company's current business…
Business
Is Beijing Plotting a Musk Option for TikTok?
What a plan B might look like As TikTok faces a countdown to a potential ban in the United States, Chinese officials are reportedly…
Business
Inc., LLC, DBA? Your Simple Guide to Business Lingo
Starting a business is like learning a new language. You’ve got all these terms thrown at you—Inc., LLC, DBA—and it can feel like you’re…
Business
Macquarie to invest up to US$5 billion in Applied Digital data centres
Investment bank Macquarie will invest up to US$5 billion in Applied Digital’s AI data centres and will take a 15 per cent stake in the…
Business
Malaysia’s Yinson secures deal with investors including Abu Dhabi for US$1 billion funding
MALAYSIAN energy infrastructure firm Yinson Holdings said it has signed an agreement with a consortium of investors for a funding round in…
Business
HC Surgical Specialists reports 2.1% lower half-year profit of S$3.4 million
Catalist-listed medical services provider HC Surgical Specialists’ net profit for the six months ended November 2024 was down 2.1 per cent…
Business
HC Surgical Specialists half-year profit down 2.1% at S$3.4 million
Catalist-listed medical services provider HC Surgical Specialists’ net profit for the six months ended November 2024 was down 2.1 per cent…
Business
Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk
Governments around the world are uncomfortably watching their borrowing costs rise, following the lead of the U.S. Treasury market. But…
Business
Mitsubishi Corp quits China metal trading after copper fraud
Japanese conglomerate Mitsubishi Corp plans to shutter its Chinese metal trading business after suspected fraud by one of its copper…
Business
Mitsubishi quits China metal trading after copper fraud
Japanese conglomerate Mitsubishi Corp plans to shutter its Chinese metal trading business after suspected fraud by one of its copper…
Business
LMIRT could fail to meet minimum interest coverage ratio for FY2024, expects no financial consequences
This is mainly due to non-operational accounting adjustments made to Ebitda and interest expenses in Q2 and Q3 LIPPO Malls Indonesia…
Business
DBS’ Piyush Gupta sees US as global growth engine in 2025 but warns of headwinds
OUTGOING DBS chief executive officer Piyush Gupta expects the US to remain as a global growth engine, but warns of three potential…
Business
CapitaLand Investment adds three female leaders among key executive appointments
PROPERTY investment manager CapitaLand Investment (CLI) announced several key executive appointments on Tuesday (Jan 14) as part of its…
Business
65 Equity Partners’ part in TalkMed offer is at odds with core
With one of its funds’ mandate to support companies eyeing an SGX listing, encouraging the medical group’s delisting through the other is…
Business
China’s new loans post first drop in 13 years on weak demand
NEW loans extended by Chinese banks posted their first decline since 2011 last year, underscoring weak demand for financing in an economy…
Business
Statue of ex-Ghana President Akufo-Addo destroyed
A statue of Ghana's immediate former President, Nana Akufo-Addo, put up at the end of last year has been destroyed. The unveiling by…
Business
Photos show New York City home that's nearly doubled in value in 4 years
A Manhattan condo has nearly doubled in value since August 2021, according to a Zillow estimate. Located at 56 Leonard St, Apt 47W, in New…
Business
Japan's service mood improves, rising costs cloud outlook
By Leika Kihara TOKYO (Reuters) - Japan's service-sector sentiment improved in December but companies expect conditions to sour ahead, a…
Business
Nvidia CEO tours China during Beijing antitrust probe, AI curbs
NVIDIA chief Jensen Huang is embarking on a trip to China this week, visiting major cities at a time Beijing is investigating his…
Business
Singapore family offices exceed 2,000 in 2024, up 43% on year
THE number of single family offices (SFOs) in Singapore continued to grow last year to exceed 2,000 by the end of 2024. That’s according…
Business
Tech supplier Arm plans to hike prices, has considered developing its own chips
ARM Holdings, a technology supplier to chip firms, is developing a long-term strategy to hike prices by as much as 300 per cent and has…