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A group of finance industry bodies is calling for a rethink on looming regulatory standards that they say will make it difficult for banks to participate in crypto markets. The Basel…
Oil prices fell on Tuesday (Aug 19) as traders bet that talks over a possible agreement to legitimise or end Russia’s invasion of Ukraine could ease sanctions on Russian crude oil,…
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science…
The company behind embattled cinema chain The Projector owes creditors S$1.2 million, including close to S$90,000 to almost 2,300 of its members, The Business Times has learnt. In an…
The blue-chip Dow opened higher on Tuesday (Aug 19), aided by a rise in shares of Home Depot after the retailer kept its annual forecasts intact, while caution dominated the…
Options traders are increasingly nervous about a plunge in technology stocks in the coming weeks and are grabbing insurance to protect themselves from a wipeout. The tech-heavy Nasdaq 100…
Foreign investment in Singapore property jumped in the second quarter of this year to US$2.3 billion, 572.5 per cent higher than the US$342 million from the same period in 2024, led by…
Across the broader market, gainers beat losers 269 to 217, with 2.1 billion securities worth S$1.7 billion changing hands Singapore stocks rose on Tuesday (Aug 19), as the market awaits…
Trafigura Group has hired a team of precious metals traders as it looks to venture deeper into highly profitable gold and silver markets. Joseph Bou Sleiman, Xavier Miserez and Maxime…
Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell there, two people…
Former Hyflux’s corporate communications head testified that she only found out about the water treatment company’s power strategy for the Tuaspring integrated water and power project…
India’s financial sector is seeing a renewed wave of global interest from Wall Street lenders and private equity giants Goldman Sachs opened a new office in India’s financial…
Fast-fashion retailer Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities’ approval for its planned Hong Kong IPO,…
Malaysia’s economic growth is projected to slow by approximately 0.6 to 1.2 percentage points this year due to US tariffs, the country’s trade ministry said, citing preliminary…
Shares of iFast plunged on Tuesday (Aug 19), as substantial shareholder CP Invest – a subsidiary of Temasek-owned Cuscaden Peak Investments – reduced its stake in the company. The counter…
Japan’s Nikkei share average slipped from a record high to trade flat on Tuesday, as investors weighed Wall Street’s muted overnight finish, raising concerns that markets have advanced too…
China’s tepid imports of liquefied natural gas (LNG) face further pressure after market reforms in the southern province of Guangdong that could cut demand for the fuel from power plants.…
Gold prices were little changed on Tuesday (Aug 19) as investors focused on the Federal Reserve’s Jackson Hole meeting later this week, which could provide insights into the US central…
Investors anxiously await an earnings report from Xiaomi, following a rally that has driven its market value up US$120 billion in the past year on excitement over its push into electric…
China Medical System (CMS) posted a rise in first-half profit and interim dividend on Monday (Aug 18), its first set of results after its secondary listing on the Singapore Exchange. Net…
While the Melbourne-based company employs around 32,000 people, no firm number was put on the job cuts Australian biotech giant CSL said that it will spin off its Seqirus vaccine…
Goldman Sachs plans to expand its private wealth management team in Australia to capture a boom in self-made multi-millionaires and family wealth looking for global investments. “We are…
EUROPEAN shares were subdued on Monday, ahead of key meetings between Ukraine, European leaders and US President Donald Trump, following a Russia-US summit that ended without an immediate…
Street’s main indices were subdued at the open on Monday (Aug 18), in a quiet start to a week packed with corporate earnings reports from major retailers and the Federal…
