Business
Average rate for 30-year mortgage reaches 6-month high
The average rate for a 30-year mortgage in the United States reached a six-month high this week and also leapfrogged the rate during the…
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Business
Business
Well, This Probably Won’t Help to Chill Elon Out
Elon Musk’s recent increase in political activity coincides with further troubles for his struggling car company. Shares of the…
Business
MTI's Preliminary Forecast Suggests Singapore's Economy Grew 4.3% in the Fourth Quarter, Slower Than the Previous Quarter
According to preliminary estimates provided by the Ministry of Trade and Industry (MTI) on Thursday (Jan 2), Singapore's GDP grew 4.3…
Business
Moment overprotective horse steps in to help woman struggling
A horse's way of stopping his owner from leaving both him and his sibling in a gated area has left viewers online in hysterics. The…
Business
Apple to pay US$95 million to settle Siri privacy lawsuit
APPLE agreed to pay US$95 million in cash to settle a proposed class action lawsuit claiming that its voice-activated Siri assistant…
Business
US: Wall St opens higher in first trading session of 2025
Wall Street’s main indexes opened higher on the first trading session of 2025, with investors hoping a fresh political landscape and more…
Business
Nvidia’s remarkable stock surge mints three board billionaires
NVIDIA’S banner year supercharged chief executive officer Jensen Huang’s net worth to new heights. It also boosted three of the…
Business
Keppel DC Reit to divest Malaysia data centre for RM55.6 million
Reit subsidiary has entered into a sale and purchase agreement with Basis Bay Services MSC, an unrelated third party KEPPEL DC Real Estate…
Business
10-year average return on Singapore Savings Bond slides to 2.82%
THE 10-year average return for the latest tranche of the Singapore Savings Bond (SSB) continued to fall, to 2.82 per cent, in line with…
Business
10-year average return on Singapore Savings Bonds slides to 2.82%
THE 10-year average return for the latest tranche of Singapore Savings Bonds (SSBs) continued to fall, to 2.82 per cent, in line with rate…
Business
Sias urges independent professional inquiry into SingPost’s dismissal of senior executives
AN INDEPENDENT professional inquiry should be commissioned to look into the circumstances that led to the dismissal of three Singapore…
Business
Sias calls for independent inquiry into SingPost’s dismissal of senior executives
AN INDEPENDENT professional inquiry should be commissioned to look into the circumstances that led to the dismissal of three Singapore…
Business
Singapore shares rise on first trading day of 2025; STI up 0.4%
Across the broader market, losers beat gainers 284 to 246, with 812.8 million securities worth S$581.4 million changing hands SINGAPORE…
Business
China Introduces New Forex Rules To Tighten Crypto Oversight and Target Illegal Cross-Border Transactions
China Introduces New Forex Rules To Tighten Crypto Oversight and Target Illegal Cross-Border Transactions On Dec. 31, 2024, China’s…
Business
Apple offers iPhone discounts in China as competition intensifies
APPLE is offering rare discounts of up to 500 yuan (S$93) on its latest iPhone models in China, as the US tech giant moves to defend its…
Business
Thai government says Bank of Thailand chair appointment won’t take too long
THAILAND’S government expects a selection panel to quickly conclude the process to pick a new chairman for the nation’s central bank after…
Business
Retail traders seek nearly US$60 billion for toymaker Bloks Group’s Hong Kong IPO
RETAIL investors have applied to borrow nearly US$60 billion to participate in Chinese toymaker Bloks Group’s Hong Kong initial public…
Business
Thai economic uncertainty has increased, central bank minutes say
UNCERTAINTY around the Thai economy has significantly increased primarily due to the unclear impact of possible US economic policies,…
Business
Musk’s X, Google yet to apply for Malaysia’s new social media license
ELON Musk’s X and Alphabet’s Google, which operates the video streaming platform YouTube, have not applied for a social media operating…
Business
MAS review group exploring use of seed capital for equities market: Gan Kim Yong
The Monetary Authority of Singapore’s (MAS) equities market review group is studying how to make optimum use of seed capital to attract…
Business
Lendlease, Warburg Pincus appoint Bart Price as CEO of Apac R&D joint venture
He has two decades of career experience in real estate, infrastructure investments and capital markets AUSTRALIAN real estate group…
Business
RHB cuts IReit target to S$0.34; flags potential privatisation on further unit price declines
RHB Research has lowered its target price on IReit Global to S$0.34 from S$0.40 previously, as it expects the real estate investment…
Business
China faces first FX test of 2025 with yuan’s red line in focus
THE offshore yuan’s year-end slide to its weakest since 2022 is set to put the China’s daily reference rate for the currency in focus as…
Business
AEM appoints Kwek You-Cheer as new CFO
He has more than 20 years of experience in strategic financial leadership and operations internationally AEM announced on Thursday (Jan 2)…