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ACCORDING to data from JLL, leasing activities in quality office developments in Singapore improved in the fourth quarter of 2024. Rental and capital values are expected to stay stable in…
PROFITS for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers threatens to make the refining business even worse. Exxon…
BRITISH pharmaceutical giant AstraZeneca said on Friday (Jan 31) that it was abandoning plans to build a £450 million (S$756.9 million) vaccine plant, a major blow to the Labour…
OpenAI rolled out a new, lightweight artificial intelligence (AI) model that it said is capable of human-like reasoning and makes gains on efficiency – a product that will be closely…
The ministry says it expects US companies to adhere to US export controls and local domestic legislation THE Ministry of Trade and Industry (MTI) said on Saturday (Feb 1) that Singapore’s…
AluminIum and steel were among the first tariffs to be enacted during President Donald Trump’s first term. A revival of those measures is expected Saturday (Feb 1), which would affect…
JPMorgan Chase will deliver gold bullion valued at more than US$4 billion against futures contracts in New York in February, at a time when surging prices and the threat of import tariffs…
President Donald Trump met Friday (Jan 31) with Nvidia chief executive officer Jensen Huang at the White House as the US prepares tariffs on semiconductors, weighs the fate of a chip…
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico, expected on Saturday. Brent crude futures for March,…
THE board of directors of Fu Yu Corporation on Friday (Jan 31) announced that the company will not convene an extraordinary general meeting (EGM) requisitioned by Victor Lim, its largest…
WALL Street’s main indexes opened higher on Friday (Jan 31) on gains in Apple following its strong sales forecast, with an in-line reading for the Federal Reserve’s favoured inflation…
VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent directors, with effect from Feb 1, 2025.…
MARINA Bay Sands (MBS) posted a 7.2 per cent rise in net revenue to US$1.14 billion for the fourth quarter ended Dec 31, 2024 amid ongoing renovation and refurbishment efforts as it…
The unit will serve as a centre of excellence for large-scale fresh frozen production in the group’s food solutions network CATERING and ground handling company Sats has acquired the…
INDIA’S central bank injected US$5.10 billion through a foreign-exchange swap auction, using the tool for the first time in five years to ease a severe cash crunch plaguing the financial…
JUST a few months ago, Morgan Stanley was stuck with billions of US dollars of unloved debt tied to Elon Musk’s controversial 2022 buyout of social-media platform Twitter. It took one…
Industry watchers expect that lack of clarity over Trump’s policies will continue to weigh on US central bank’s movements GLOBAL markets are pricing in fewer rate cuts for the year as the…
THE Consumer Commission of Singapore (CCCS) has conditionally approved the proposed expansion of a 2016 joint venture between Singapore Airlines (SIA) and Lufthansa, which would give a…
SAMSUNG Electronics said on Friday its operating profits surged 129.85 per cent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to meet…
SINGAPORE shares tracked regional gains on Friday (Jan 31), ending the week higher after markets reopened following the two-day break for Chinese New Year. The benchmark Straits Times…
US STEEL reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment. The industry has been struggling,…
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 31): Source link
MASTERCARD reported earnings that beat estimates as the firm diversifies beyond its traditional payment network into anti-fraud services, data analysis and global money movement. Adjusted…
THE US Department of Justice has sued to block Hewlett Packard Enterprise’s US$14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition,…
