Business
Asia: Markets extend gains as China-US talks head into second day
Asian stocks squeezed out more gains on Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald…
Section
Business
Business
Grab denies reports of US$7 billion GoTo acquisition
SOUTHEAST Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller…
Business
S&P downgrades Warner Bros bonds deeper into junk status
S&P Global Ratings cut Warner Bros Discovery’s unsecured bond ratings deeper into junk status after the media company announced it was…
Business
New Zealand finance minister would like RBNZ to return to eight meetings a year
New Zealand’s Finance Minister Nicola Willis said on Tuesday that she would like New Zealand’s central bank monetary policy committee to…
Business
Barclays cuts more than 200 investment bank jobs to reduce costs
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS…
Business
Shareholders to vote on Great Eastern delisting on Jul 8
Independent directors of Great Eastern Holdings (GEH) are recommending for shareholders to accept OCBC’s conditional exit offer that will…
Business
Asia healthcare assets risk overvaluation as private investors scoop them up
As private equity (PE) investors pour money into Asian healthcare, some observers are concerned thatthis sector could soon overheat. Some…
Business
Orbitt Space's Air-Breathing Engine Raises $1M to Conquer Ultra-Low Earth Orbit
Space-tech startup Orbitt Space has secured $1 million in a pre-seed funding round. Pi Ventures headed the investor's list for the…
Business
Nissan receives 17,000 N7 orders in the first month
Dongfeng Nissan Passenger Vehicle Company Ltd (Dongfeng Nissan), one of Nissan Motor’s vehicle manufacturing joint ventures in China,…
Business
Xiaohongshu joins wave of Chinese firms releasing open-source AI models
Xiaohongshu, also known as Rednote, one of the country’s most popular social media platforms, has released an open-source large language…
Business
MoneyHero expands into digital assets in partnership with OSL
This is to satisfy Hong Kong’s growing interest in digital assets and increasing demand for diversified financial solutions MoneyHero…
Business
Income Insurance chairman Ronald Ong to retire from role after seven years at helm
Income Insurance chairman Ronald Ong will retire from his role after seven years at the helm, the company announced on Monday (Jun 9). The…
Business
Goldman CIO service suddenly catches on in Japan after 10 years
It took more than a decade of trying, but Goldman Sachs last year landed the first client for its business of helping institutions manage…
Business
Trade Scenario Nets Yankees Ex-$63 Million No. 1 Prospect to Fix Infield
The New York Yankees are riding a wave of success in the American League East. Winning 15 of their last 20 games, including a…
Business
Chinese managers take reins at TikTok Shop in US as sales miss goal
ByteDance, TikTok’s parent company, has been replacing US-hired staff near Seattle with managers connected to China, aiming to replicate…
Business
ECB’s Schnabel says now is right time to boost role of euro
European Central Bank Executive Board member Isabel Schnabel sees a favourable moment now to strengthen the euro’s global role as…
Business
Meta in talks for scale AI investment that could top US$10 billion
Meta Platforms is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, according to people…
Business
Arina East Residences sells 10 out of 107 units at average price of S$3,000 psf as booking opens
Freehold development Arina East Residences sold about 9 per cent of its 107 units on Saturday (Jun 7), at an average price of about…
Business
What’s a Neighborhood Restaurant Without a Neighborhood?
Industry City, an enormous waterfront complex in Sunset Park, has in recent years reinvented itself as a hub for small businesses and tech…
Business
Group CEO Ng Chin Siau increases his stake in Q & M
Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional…
Business
Group CEO Ng Chin Siau increases stake in Q & M
Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional…
Business
Keppel DC Reit set to join STI from Jun 23
Following the Straits Times Index’s (STI) June quarterly review, Keppel DC Reit will be entering the index, replacing Jardine Cycle &…
Business
New OCBC offer for Great Eastern more attractive but fate lies in hands of significant minority shareholders: analysts
OCBC’s latest exit offer for Great Eastern is more attractive than its initial privatisation bid, but it still remains to be seen if the…
Business
Crude climbs on US jobs report, China talks
Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favourable US jobs report and resumed…