Fashion
Singapore shares slide on Monday after MAS unveils stock market measures; STI down 0.1%
[ad_1] Across the broader market, gainers beat losers 298 to 286 as 1.4 billion securities worth S$1.7 billion change hands SINGAPORE equities were marginally lower at the end of the...
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
[ad_1] DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out...
Chinese firms dump Europe for Hong Kong to raise funds
[ad_1] CHINESE companies that once pursued additional listings in Europe are abandoning those plans after Beijing’s securities regulator tightened some rules, pushing many issuers to sell shares in Hong Kong...
Singapore Reits need more support in wake of Paragon Reit’s proposed privatisation
[ad_1] Privatisations make sense when trusts have poor liquidity and face constraints in upgrading assetsIF INTEREST rates do not fall much further, equity fund-raising in the Singapore-listed real estate investment...
Trump U-turn on NYC’s congestion pricing programme could dampen ST Engineering sentiment, but limited impact expected
[ad_1] THE Trump administration reversed federal approval for New York City’s congestion pricing programme on Feb 19. Even though ST Engineering’s subsidiary in the US, TransCore, runs the contract, analysts...
GIC, Silver Lake complete US$1.7 billion acquisition of billing software firm Zuora
[ad_1] A GIC affiliate and global technology investor Silver Lake have completed their US$1.7 billion acquisition of US-billing software company Zuora.Shareholders of the Silicon Valley-based firm approved the all-cash deal...
From tech to financial services: Layoffs and job cuts in 2025
[ad_1] RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries. From tech to retail, media and finance, major companies...
PBOC’s policy flip-flop sows confusion over timing of rate cuts
[ad_1] AT A rare press briefing back in September, China’s central bank chief Pan Gongsheng unveiled a stimulus blitz that spurred optimism for one of the biggest policy shifts in...
Gold steady near record highs amid tariff concerns, inflation data awaited
[ad_1] GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while the focus shifted to a key US...
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
[ad_1] [JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while catalysing investment and fuelling the...
