Thai economic uncertainty has increased, central bank minutes say
UNCERTAINTY around the Thai economy has significantly increased primarily due to the unclear impact of possible US economic policies, minutes of the Bank of Thailand’s (BOT) Dec 18…
Swedan Margen
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Musk’s X, Google yet to apply for Malaysia’s new social media license
ELON Musk’s X and Alphabet’s Google, which operates the video streaming platform YouTube, have not applied for a social media operating license under Malaysia’s new law which kicked in on…
Malaysia grants WeChat, TikTok licences to operate under new law
MALAYSIA’S communications regulator said it granted Tencent’s WeChat and ByteDance’s TikTok licences to operate in the country under a new social media law, but that some other platforms…
MAS review group exploring use of seed capital for equities market: Gan Kim Yong
The Monetary Authority of Singapore’s (MAS) equities market review group is studying how to make optimum use of seed capital to attract more commercial capital. This will ensure that…
RHB cuts IReit target to S$0.34; flags potential privatisation on further unit price declines
RHB Research has lowered its target price on IReit Global to S$0.34 from S$0.40 previously, as it expects the real estate investment trust’s (Reit) near-term distribution per unit (DPU) to…
China may miss target for cleaning up largest steel industry
CHINA looks set to miss a year-end target for boosting production of less-polluting steel as usage rates for cleaner, newer furnaces stall and the property crisis weighs on demand and…
Bank of Korea governor says monetary easing this year will be flexible
SOUTH Korea’s central bank governor said on Thursday (Jan 2) that the pace of monetary policy easing would need to be flexible this year due to heightened political and economic…
Billionaire Li Ka-shing’s Hutchmed in US$608 million health unit stake sales
HUTCHMED (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around US$608 million as the billionaire and his flagship conglomerate look to ramp up…
Trendlines launches investigations into potential misappropriation of funds
AN EMPLOYEE of Trendlines Group was found to be potentially involved in a suspected misappropriation of funds from the accounts of the company’s Singapore subsidiary, Trendlines Agrifood…
SingPost taps ex-Singapore CEO Neo Su Yin as group COO to help steady the ship
SINGAPORE Post (SingPost) has appointed Neo Su Yin as its group chief operating officer (COO), effective Thursday (Jan 2). Her appointment comes after SingPost sacked three senior…
Stocks to watch: Nio, SingPost, Digital Core Reit, Trendlines
THE following companies saw new developments that may affect the trading of their securities on Thursday (Jan 2): Source link
Alibaba to sell Sun Art to buyout firm DCP for HK$12.3 billion
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core…
Alibaba to sell China’s Sun Art to buyout firm at big discount
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus on…
‘Bleisure’ accommodation and more – 4 travel trends to watch in 2025
THE global tourism sector is approaching a full recovery to pre-pandemic levels, but some demand for travel could taper off. Still, there are some bright spots in tourism as certain themes…
Semiconductor companies poised for more broad-based recovery in 2025
Some Singapore-listed players, such as Frencken Group and Grand Venture Technology, may come out ahead and outperform as well, say market watchers THE semiconductor industry saw a bumpy…
Who is Shamsud Din Jabbar? New Orleans Terror Attack Suspect Identified as 42-Year-Old Texas Man, Displayed an ISIS Flag on His Vehicle
New Orleans' iconic Bourbon Street turned into a scene of devastation as a driver rammed a pickup truck into New Year's Eve revelers. At least ten people were killed, and 35 others were…
New Orleans Terror Attack: Suspect's Vehicle Had Texas Plates as Witnesses Say Bodies Came Flying at Them as Attacker Drive Through Crowd
A New Year's reveler shared a chilling description of the "twisted" and "horribly disfigured" bodies he saw lying on New Orleans' Bourbon Street after a terrorist drove his truck into the…
Singlife launches product-agnostic shared services hub for financial advisers
FINANCIAL advisers contracted to sell products from a specific insurance company or financial institution – or so-called tied agents – can now tap into a product-agnostic shared services…
New Orleans Attack: Mystery as Hidden Object Is Spotted on Back of Attacker's EV as FBI Now Treating Attack as 'Act of Terrorism'
The electric SUV used by the suspected New Orleans terrorist to ram into a crowd of New Year's revelers on Bourbon Street has raised questions after an unidentified object was seen…
New Orleans Terror Attack: 10 Killed and 35 Injured after Killer Rams Crowd Celebrating New Year on Bourbon Street Before Being Shot Dead [GRAPHIC]
At least 10 people lost their lives, and dozens were injured when a truck driver rammed into crowds on the iconic Bourbon Street in New Orleans. The driver then jumped out of the vehicle…
World’s 500 richest people surpass US$10 trillion in wealth in 2024
THE world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of billionaires to a new milestone: A combined US$10 trillion…
Singapore-flagged ship collides with Japan-flagged ship in Chinese waters
A SINGAPORE-FLAGGED ship collided with a Japan-flagged ship in Chinese waters on Dec 30. Singapore bulk carrier Yangze 22 collided with Japanese bulk carrier Vega Dream in the Changjiang…
Chong Siew Ling is new CEO of Kingsmen Creatives
It also names Marianne Soh, the general counsel of the group and the daughter of co-founder Benedict Soh, as a director COMMUNICATIONS and design group Kingsmen Creatives has a new chief…
Squid Game 3: Netflix Receives Criticisms from Netizens After Announcing Season Premiere
Netflix released a poster and teaser on its social media pages, announcing the premiere of Squid Game 3 on Wednesday (January 1). The posts captured the attention of millions of K-drama…