Business
HPL shares pare earlier losses to decline slightly as Ong Beng Seng pleads guilty
Shares of Hotel Properties Limited (HPL) tumbled in early trade on Monday (Aug 8) but pared losses as property magnate Ong Beng Seng pled…
Section
Business
Business
Gold succumbs to profit-taking after US jobs data-fuelled rally
Gold prices slipped on Monday (Aug 4) as investors booked profits after a sharp rise in the previous session following…
Business
National Economic Council director Kevin Hassett: Overhaul of 'unreliable' jobs numbers needed
White House economist Kevin Hassett said Sunday the monthly jobs numbers are "unreliable" and "not keeping up with the economy," as he…
Business
The AI race has big tech spending US$344 billion this year
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two weeks, it’s to…
Business
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
Business
Wall Street banks lose ground in Europe as tariffs spook clients
AS US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe, corporates across the continent are taking…
Business
iFast books S$50.3 million net institutional inflow in five sessions
Over the five trading sessions from Jul 25 to 31, institutions were net sellers of Singapore stocks. The net institutional outflow of…
Business
CHAN 2024: Samia Suluhu promises 1 billion to the Tanzanian national team
CHAN 2024: Samia Suluhu promises 1 billion to the Tanzanian national team On the occasion of CHAN 2024, hosted in East Africa, Tanzanian…
Business
As Trump’s tariffs bite, investors should ensure the companies they own have strong fundamentals
It seemed like Groundhog Day again when US President Donald Trump unveiled revised reciprocal tariffs on imports from dozens of countries…
Business
South-East Asian firms test Hong Kong waters amid IPO surge
South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more…
Business
Bank of England rate cuts deliver £11 billion hit to households
Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing…
Business
Apple CEO tells staff AI is ‘ours to grab’ in hourlong pep talk
Apple chief executive officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees around the…
Business
MP investigated over late filing of overseas trip
Stourbridge MP Cat Eccles is being investigated by the parliamentary standards watchdog over claims that she was late declaring a trip to…
Business
The New Hyundai Elexio Offers More Than Expected for A Reasonable Price
The New Hyundai Elexio Offers More Than Expected for A Reasonable Price originally appeared on Autoblog. Like every other automaker,…
Business
I no longer identify as Nigerian, Badenoch says
Conservative Party leader Kemi Badenoch has said she no longer identifies as Nigerian and has not renewed her passport since the early…
Business
China state media asks Nvidia to prove H20 chips are secure
China state media is calling for Nvidia to prove that its H20 chip is secure, saying it cannot allow flawed chips into the country.…
Business
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
Brunei’s sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20 per cent stake in…
Business
China polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to…
Business
Barclays says credit liquidity premium gone as e-trading thrives
This premium has shrunk as electronic credit trading has boomed, bringing more liquidity to the market, according to the report The…
Business
Barclays latest British lender to quit climate banking alliance
The NZBA lists more than 100 members on its website, including leading international financial institutions Barclays has become the latest…
Business
Tesla ordered by Florida jury to pay US$243 million in fatal Autopilot crash
A Florida jury on Friday (Aug 1) found Tesla liable to pay US$243 million to victims of a 2019 fatal crash of an Autopilot-equipped Model…
Business
Meta to share AI infrastructure costs via US$2 billion asset sale
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power…
Business
Wall Street Circles Starbucks as China Deal Heats Up--Tech Giants and PE Titans in Bidding War
Starbucks (NASDAQ:SBUX) is quietly making moves in Chinaand Wall Street's watching. The coffee giant has invited a dozen heavyweight…
Business
Genting Singapore sees another leadership shuffle with new COO and CFO appointments
Genting Singapore chief financial officer (CFO) Lee Shi Ruh has been appointed president and chief operating officer (COO), filling a…