STI continues to slide on Wednesday, down 0.3%
Across the broader market, decliners outnumber advancers 286 to 285 after 2.3 billion shares worth S$1.4 billion change hands The Straits Times Index (STI) closed down on Wednesday (Sep…
Section
Fashion
Indonesia central bank delivers surprise rate cut to boost growth
Indonesia’s central bank delivered another surprise interest rate cut on Wednesday (Sep 17), its sixth cut since it kicked off an easing cycle in September last year, saying economic…
Ben & Jerry's co-founder resigns citing loss of independence under Unilever
Jerry Greenfield says the Vermont-based company has lost its independence since UK parent Unilever curtailed its social activism Ben & Jerry’s co-founder Jerry Greenfield, whose name…
Former Hyflux legal officer not aware of power plant in bid for Tuaspring project
The former legal officer of Hyflux tasked with reviewing the water purchase agreement for the company’s tender for the Tuaspring integrated water and power project did not know beforehand…
Former Hyflux legal officer unaware of power plant in bid for Tuaspring project
The former legal officer of Hyflux tasked with reviewing the water-purchase agreement for the company’s tender for the Tuaspring integrated water and power project did not know beforehand…
Hong Kong to speed up development of border tech hub, John Lee says
Absent bold new measures, the city’s housing market is likely to remain under pressure, with home values hovering near their lowest since 2016 Hong Kong’s leader said the city will…
India’s gaming fans eye illegal sites after gambling ban
India’s ban on online gambling has shuttered a billion-dollar industry serving hundreds of millions of people and torpedoed the sponsorship of the national cricket team. But players say…
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
The Indonesia Investment Authority (INA) is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund seeks foreign partners and supports the nation’s…
Skylink opens at S$0.245 following reverse takeover by Sincap
The homegrown commercial vehicle specialist was injected into the Catalist counter in a S$42 million deal Skylink Holdings made its debut on the Singapore Exchange (SGX) on Wednesday (Sep…
Gold steadies near record high as investors await Fed verdict
The US central bank is expected to deliver a quarter-percentage-point interest rate cut later in the day to support the labour market Gold prices hovered near all-time highs on Wednesday…
Keppel inks partnership with Dell on data centre, AI platform investments in Asia
The collaboration will see data centres in Asia-Pacific incorporating Keppel’s green technologies and renewable energy capabilities Asset manager Keppel on Wednesday (Sep 17) said it inked…
Nissan to shut design studios in US and Brazil and downsize London, Japan operations
The Japanese automaker says that the restructuring, which will be completed by the end of fiscal 2025, is aimed at streamlining its design operations Nissan Motor will close its design…
China’s Chery Automobile seeks up to HK$9.1 billion in Hong Kong IPO
Chery Automobile is seeking to raise as much as HK$9.1 billion (S$1.5 billion) in a Hong Kong initial public offering (IPO), kicking off what’s shaping up to be a busy season for big…
Binance nears deal to escape compliance monitor imposed by DOJ
The Justice Department has not made a final decision on the monitorship, which has a three-year duration Binance Holdings, the world’s largest crypto exchange, is moving towards a…
Europe: Stoxx 600 hits one-week low as banks, insurers slide ahead of Fed decision
EUROPEAN shares fell more than 1 per cent at close on Tuesday, weighed down by rate-sensitive sectors, as investors turned cautious in the run-up to the US Federal Reserve’s highly…
Tyler Robinson: Charlie Kirk Warned Trans Girlfriend to Delete Incriminating Texts after Charlie Kirk Murder and Not to Speak to Police
Tyler Robinson, the alleged Charlie Kirk assassin, warned his transgender girlfriend to keep quiet and avoid talking to the police after the conservative commentator's death, according to…
Tyler Robinson: Charlie Kirk Shooter Could Face Firing Squad as He Is Hit with Seven Counts Including Aggravated Murder
Tyler Robinson has now been formally charged over last week's deadly shooting of conservative commentator Charlie Kirk — and if found guilty, he may face execution by firing squad. Utah…
Trump says US has a buyer for TikTok
President Donald Trump said on Tuesday (Sep 16) that the US and China have a deal that will keep the short-video app TikTok operating in the United States, transferring its US assets to US…
Apac family offices responded most vigorously to tariff turmoil globally: report
Family offices in the Asia-Pacific region responded more vigorously to tariff turmoils than their counterparts elsewhere, a report has found. In the market turmoil following the US’ tariff…
Musk answers Tesla’s pay proposal with US$1 billion stock buy
ELON Musk responded to an unprecedented pay proposal from Tesla’s board by buying about US$1 billion worth of shares, sending the stock soaring in premarket trading. The billionaire bought…
STI closes flat on Tuesday as regional peers gain
Decliners outnumber advancers 278 to 256 in the broader market, with 1.5 billion shares worth S$1.4 billion changing hands The Straits Times Index (STI) closed flat on Tuesday (Sep 16),…
Food-delivery platform foodpanda to rely on affordability, convenience and quick commerce to drive growth
It has been eight months since Bhavani Shankar Mishra took over the hot seat as Singapore managing director for food-delivery platform foodpanda – and his stint has not been without its…
Nvidia’s new RTX6000D chip for China finds little favour with major firms: sources
[BEIJING/SHANGHAI] Nvidia’s RTX6000D, its newest artificial intelligence (AI) chip tailored for the Chinese market, has seen only lukewarm demand with some major tech firms opting not to…
Metro soars 6% on news of strategy revamp
The stock hit a two-year high in intraday trade after a BT report on the retailer’s plans to launch new retail concepts Shares of department store retailer Metro advanced on Tuesday (Sep…