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ORGANIZATION of the Petroleum Exporting Countries Plus (Opec+) is considering pushing back a series of monthly supply increases due to begin in April despite calls from US President Donald…
SOUTHWEST Airlines will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the first layoffs in the carrier’s history. The pullback will impact 15…
SOUTH Korea on Monday (Feb 17) announced plans to secure 10,000 high-performance graphics processing units (GPUs) within this year in a bid to keep pace as the global artificial…
OIL prices strengthened on Monday (Feb 17) as an attack on an oil pipeline pumping station in the Caspian Sea slowed flows from Kazakhstan, while investors monitored developments of a…
EUROPEAN shares marked a record closing high on Monday (Feb 17), boosted by defence stocks as investors priced in the likelihood of increased military spending in the region, following…
A 25-year-old employee from Elon Musk's Department of Government Efficiency (DOGE) is set to access the IRS's sensitive tax database, according to reports. Software engineer Gavin Kliger…
Elon Musk stirred controversy on Presidents' Day by posting 14 American flag emojis in response to tweets from former President Donald Trump and Vice President J.D. Vance. The Tesla CEO…
A young singer who shot to fame after his appearance on The X Factor was kidnapped and killed while he was on his way to perform at a concert. The body of Zair Guette, 25, was found on…
Elon Musk has been in news lately for several reasons, right and wrong. Over the weekend, the Tesla CEO has been alleged to have fathered yet another child, this time with social media…
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31, 2024, a turnaround from its net loss of 59.9 million…
The company says the shift could result in better liquidity and improved share performance VEGETABLE and edible oil engineering process company Oiltek International has applied to move its…
Major card-issuing banks have prevented S$53.9 million of losses in Q4 2024, ABS says THE Association of Banks in Singapore (ABS) said on Monday (Feb 17) that major card-issuing banks have…
Several veteran staffers of Singapore Exchange are leaving as the bourse tries to revive its flagging equities business, according to people familiar with the matter. Frieda Choong, who…
TIKTOK Shop, the Bytedance-owned social media giant’s e-commerce feature, saw its sales outdo competition in the US just before President Donald Trump’s disruptive trade actions. The…
US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover battle with rival KKR for the Japanese IT company.…
UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in the city as creditors ramp up their legal efforts…
The IMO is working toward a zero-carbon-emissions target for the industry by 2050 SOME shipping lines including Hapag-Lloyd and the maritime arm of Louis Dreyfus are calling on the…
MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter, marking the…
GOLD prices edged higher on Monday (Feb 17) after falling more than 1 per cent in the previous session as market participants awaited more insights on US President Donald Trump’s…
AN Australian unit of ComfortDelGro is investigating allegations of wrongful conduct made by several media companies, and it has engaged external legal counsel to advise on the matter. In…
INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital markets…
SINGAPORE equities began Monday (Feb 17) in positive territory, following mixed performance in the US and Europe last Friday. As at 9.01 am, the Straits Times Index (STI) rose 12.16 points…
SINGAPORE Post (SingPost) on Monday (Feb 17) announced the appointment of two new non-executive, independent directors, Chng Lay Chew and Ng Chin Hwee. Ng formerly served as chief…
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the real estate investment trust’s (Reit) manager said…
