Business
1MDB sues Amicorp for over US$1 billion for allegedly facilitating US$7 billion fraud
The lawsuit seeks damages of more than US$1 billion from the financial services provider SCANDAL-HIT Malaysian state fund 1MDB and its…
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Business
What we know about SingPost’s Parcelgate scandal so far
SINGAPORE Post (SingPost) has fired three of its senior management executives as they were found to be negligent in the handling of…
Business
Chinese investors buy record amount of Hong Kong stocks via link
MAINLAND Chinese investors snapped up a record amount of Hong Kong stocks as they ramped up exposure to risk assets in the city amid a…
Business
Nippon Life’s US$12 billion acquisition spree is just beginning
NIPPON Life Insurance has done more than US$12 billion of deals this month alone. Japan’s biggest insurer is not finished yet. Having…
Business
Japan’s bond market is set to absorb biggest supply in a decade
INVESTORS are set to face the largest supply of Japanese sovereign bonds in at least a decade as the central bank plans to shrink its…
Business
Video shows light rail system in China's Chongqing, not Japanese train tracks
A video compilation of train tracks switching has been shared more than a thousand times alongside the false claim it showed rail…
Business
Ho Chi Minh City’s first metro line opens after more than a decade of delays
A dozen years after it broke ground, Vietnam’s largest city has unveiled its first mass rapid transit line. Hundreds of people lined up…
Business
A Holy Year is about to start in Rome. Here's what you need to know
VATICAN CITY (AP) — Pope Francis on Tuesday formally inaugurates the 2025 Holy Year, reviving an ancient church tradition encouraging the…
Business
Honda, Nissan formalise merger talks, aim to combine by 2026
Honda Motor and Nissan Motor took their first historic steps toward merging to create a new force in the world’s automotive industry, as…
Business
OCBC, UOB to pay out second cost-of-living bonuses for junior staff
FOR the second year in a row, OCBC and UOB will each be giving out a one-off payment to its junior employees to help them cope with…
Business
Asia: Markets track Wall Street rally as US inflation eases rate worries
ASIAN markets rose on Monday (Dec 23)after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered…
Business
Oil prices firm on hopes of US policy support for economic growth
OIL prices inched higher on Monday (Dec 23), along with other risk assets, after US data showed cooling inflation, reviving hopes of…
Business
Gold prices hold steady in thin trading
SPOT gold remained largely unchanged on Monday (Dec 23) in light trading after gaining on an overall softer US dollar and Treasury yields…
Business
Phillies Likely Holds Onto $142 Million Star Following Jesús Luzardo Trade
Share ✓ Link copied to clipboard! On Sunday morning, the Philadelphia Phillies announced a blockbuster trade to bring Miami Marlins ace…
Business
SingPost falls by over 8% in early trade after 3 senior execs were fired
Shares of Singapore Post (SingPost) fell sharply on Monday (Dec 23) following the exit of three of the group’s top three executives. As at…
Business
SingPost shares fall nearly 10% after 3 senior execs were fired
They were found to be negligent in the handling of internal investigations over a whistleblower’s report Shares of Singapore Post…
Business
China’s Nio unveils 788,000 yuan EV to take on Porsche, Mercedes
CHINESE electric car maker Nio started sales of its most expensive car as it seeks to double deliveries in 2025 and eventually become…
Business
Singapore shares open higher on Monday; STI rises 0.2%
SINGAPORE stocks rose in early trade on Monday (Dec 23), tracking gains in the broader Asia-Pacific region after cooler-than-expected…
Business
Mets Could Lose $152 Million Pete Alonso To Dark Horse AL Contender
Share ✓ Link copied to clipboard! On Sunday evening, the Texas Rangers agreed to a deal that would send starting first baseman Nathaniel…
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News Corp sells Foxtel unit to DAZN in A$3.4 billion deal
NEWS Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion (S$2.9 billion)…
Business
TalkMed receives privatisation offer for S$0.456 per scheme share
TERTIARY healthcare services provider TalkMed Group on Monday (Dec 23) announced that it has received a privatisation proposal from TW…
Business
TalkMed receives S$0.456 per share in privatisation offer via scheme of arrangement
TERTIARY healthcare services provider TalkMed Group on Monday (Dec 23) announced that it has received a privatisation proposal from TW…
Business
Stocks to watch: SingPost, Top Glove, TalkMed
THE following companies saw new developments that may affect the trading of their securities on Monday (Dec 23): Source link
Business
Apple’s US$1 billion investment may be fleeting win for Indonesia
INDONESIA claimed victory after Apple offered to increase its investment in the country to US$1 billion to get President Prabowo…