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The manager of Keppel DC Real Estate Investment Trust (Reit) has acquired the 51 per cent remaining interest in two artificial intelligence-ready hyperscale data centres in Singapore from…
Local equities ended Wednesday (Sep 3) lower, even as data showed that manufacturing in Singapore improved slightly. The sector’s purchasing managers’ index (PMI) edged up to 50 in August…
The average earnings margins for the liner businesses of major ocean shipping companies fell to 8.4 per cent in the quarter to June, as declining freight rates and rising operating costs…
The average earnings margins for the liner businesses of major ocean shipping companies fell to 8.4 per cent in the quarter to June, as declining freight rates and rising operating costs…
China’s Urban Revivo will open a nearly 2,700-square-metre store in London on Wednesday (Sep 3), its second in the city this year, as the fast fashion retailer often likened to Inditex’s…
Aviation giant GE Aerospace on Wednesday (Sep 3) announced plans to invest US$75 million across its Asia-Pacific (Apac) maintenance, repair and overhaul (MRO) and component repair…
Singapore police have ordered Meta to implement anti-scam measures against advertisements, accounts, profiles and business pages impersonating key government office holders on its social…
Citi has named Kaustubh Kulkarni as its new co-head of investment banking for Japan, Asia North and Australia and Asia South. Kulkarni will join Citi in December and will be based in…
Kaustubh Kulkarni is making the move after spending nearly three decades at JPMorgan Citi has named Kaustubh Kulkarni as its new co-head of investment banking for Japan, Asia North and…
HSBC Holdings’ asset management (AM) arm is launching a private equity strategy targeting wealthy clients, the latest move by a major investment firm to boost its alternatives offerings…
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on the process at a strategy day in October …
Falling coal prices are shifting the profitability of China’s chemicals sector, away from traditional oil-based producers to the growing number of plants that use the solid fuel as their…
The counter shoots up to S$1.68 as at 10.07 am, gaining S$0.19 from its previous close Shares of engineering and technology group Boustead Singapore surged 12.8 per cent on Wednesday (Sep…
Gold prices extended their record run on Wednesday (Sep 3), holding firm above the key US$3,500 level, driven by growing investor confidence that the US Federal Reserve will cut interest…
Chinese electric vehicle (EV) maker Nio recorded a net loss of 5.1 billion yuan (S$928.4 million) for its second quarter ended Jun 30, 2025. This marked a 0.3 per cent deepening of its net…
Ikea pledged to keep prices lower at its China stores, as the world’s largest furniture retailer courts thriftier buyers and seeks to fend off competition from local rivals. The Swedish…
Temasek Holdings executive director and chief executive Dilhan Pillay last week made clear that the Singapore investment company is paving the way for new leadership. In its largest…
Oil prices settled up more than 1 per cent a barrel on Tuesday after the US imposed sanctions targeting Iran’s oil revenue stream, and ahead of an Opec+ meeting on Sunday where analysts…
Wall Street stocks retreated on Tuesday after a US court ruling threw fresh uncertainty over President Donald Trump’s trade policy. Trump vowed to immediately seek a Supreme Court…
The US has revoked Taiwan Semiconductor Manufacturing Co’s (TSMC) authorisation to freely ship essential gear to its main Chinese chipmaking base, potentially curtailing its production…
A federal judge ruled Tuesday against the U.S. government’s proposal that Google should sell its Chrome web browser to restore competition in online search. The highly-watched decision…
Artificial intelligence already is replacing certain jobs at technology companies. Last week, Salesforce Chief Executive Marc Benioff said the San Francisco software giant was able to…
US President Donald Trump is set to deliver a much-anticipated speech from the Oval Office on Tuesday at 2 p.m. ET. The White House details the slot on his public schedule, but the…
Influencer Esmeralda Ferrer Garibay, 32, and her husband, Roberto Carlos Gil Licea, 36, were found dead along with their children, Gael Santiago, 13, and Regina, 7, as law enforcement in…
