Business
Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for restaurant meals amid high rental rates and operating costs,…
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Business
Business
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter…
Business
AI bets that fuelled Big Tech’s surge now threaten rich profits
Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins…
Business
Hilton announces 19 new Hilton Garden Inn signings across Greater China
Hilton is set to accelerate its expansion in Greater China with 19 new Hilton Garden Inn property signings, announced at the 2025 Hilton…
Business
India's central bank to use cash reserve ratio as active liquidity tool
India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather…
Business
Singapore shares buck regional trend to close lower; STI falls 0.4%
Local stocks fell for the second straight day on Wednesday (Jun 11), bucking the gains in most Asian markets as investors are concerned…
Business
Centurion shares hit all-time high on submission to list Reit on SGX
This is the highest price its shares have risen to since they started trading in 1995 Shares of Centurion rose on Wednesday (Jun 11)…
Business
New Zealand central bank says former head quit over funding dispute
Former New Zealand central bank governor Adrian Orr’s surprise resignation in March was due to his disagreements with the treasury over…
Business
Stocks to watch: Keppel Infrastructure Trust, Raffles Medical, Amara, Koh Brothers Eco Engineering, SIA
The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 11): Keppel Infrastructure…
Business
World Bank: Trump’s Trade War Could Destroy the Global Economy
Trump’s trade war won’t just cripple domestic markets—it will slow global GDP growth to its lowest point in 17 years. The World Bank’s…
Business
Yale’s Endowment Selling Private Equity Stakes as Trump Targets Ivies
Yale University’s famed endowment has been trying to offload one of the largest portfolios of private equity investments ever in a single…
Business
Netflix to invest 1 billion euros in Spain productions to 2029
streaming giant Netflix said on Tuesday (Jun 10) it was going to invest more than 1 billion euros (S$1.47 billion) in productions in…
Business
US: Wall St muted at open as US-China trade talks in focus
Wall Street’s main indexes opened subdued on Tuesday (Jun 10) as investors awaited the outcome of ongoing trade talks between the United…
Business
Telus investing over $13.5B in Alberta through 2029
TELUS (TU) is investing more than $13.5B over the next five years to expand and enhance its network infrastructure and operations across…
Business
Singapore stocks snap 5-day winning streak on Tuesday; STI down 0.1%
Local stocks closed lower on Tuesday (Jun 10), ending five straight days of gains amid concerns that the US-China trade talks may not be…
Business
Top India dealmakers earn 37% more than Singapore peers
Senior dealmakers in India are earning more than their counterparts in Singapore and Hong Kong, according to Bloomberg Intelligence, as…
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…
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…