Buffett buys US$1.6 billion UnitedHealth stake, sells T-Mobile
Warren Buffett’s Berkshire Hathaway bought shares of UnitedHealth Group in the second quarter, sending the health insurer’s stock soaring in post-market trading. The chief executive…
Section
Fashion
Nubank sees more credit growth as quality gauges hold up
Nu Holdings, Latin America’s biggest digital bank, reported a decline in credit quality that was roughly in line with analysts’ expectations, and said that it expects credit growth to…
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted assets edged higher due to growth in…
UOB, BOS among banks with rising clients' alternative asset investments as Asia’s rich take shine to sector
More of Asia’s richest are viewing private-market investments as a core part of their portfolios, say senior private bankers. With allocations ranging from the single digits up to 15 per…
Apple Watch gets revamped blood oxygen feature
E on Thursday said some of its top smartwatch models are getting a redesigned blood oxygen sensing feature, sidelined for several years by a patent dispute. Software updates…
Oil prices climb 2% to one-week high as Fed rate cut, Trump-Putin talks loom
Oil prices climbed about 2 per cent to a one-week high on Thursday after US President Donald Trump warned of “severe consequences” if his talks with Russian President Vladimir Putin on…
Citigroup considers custody and payment services for stablecoins, crypto ETFs
Citigroup is exploring providing stablecoin custody and other services, a top executive told Reuters, in a further sign sweeping policy changes in Washington are spurring major financial…
HSBC plans major global expansion of office, staff surveillance, documents show
HSBC plans to step up surveillance of staff and buildings by adding more cameras and biometric access to its premises globally, internal documents seen by Reuters show, a move that comes…
FACT CHECK: Did Taylor Swift Copy Popstar Britney Spears' Iconic Look for Her New Album as Internet Sleuths Spot Uncanny Resemblance?
When Taylor Swift revealed the burlesque-inspired artwork for her 12th studio album The Life of a Showgirl, she appeared in a rhinestone bra, fringed arm bands, and a bedazzled nude thong…
How Did Hayley McNeff Die? Champion Bodybuilder Dies Suddenly Aged 37 Leaving Fraternity in Shock
Champion bodybuilder Hayley McNeff has died at the age of 37, becoming the seventh bodybuilding death in the last six months. McNeff, originally from Concord, Massachusetts, died on August…
Who Is Sean Charles Dunn? DC Man Who Threw Subway Sandwich at Federal Agent Identified as DOJ Employee Who Is Now Fired from His Position
A Washington, D.C., man who threw a Subway sandwich at a federal agent earlier this week has been identified as a now former employee of the Justice Department. Attorney General Pam Bondi…
Who Is Robert Sullivan? Alabama Pastor Under Investigation for Having Sexual Relationship with Teen Stripper and Paying Her Money to Keep Quiet
A Catholic priest is being investigated for allegedly starting a years-long affair with a 17-year-old stripper and giving her hundreds of thousands of dollars to buy her silence. Robert…
UOL to acquire student accommodation property in UK for £43.5 million
Property developer UOL is acquiring a complex of student residential halls from the University of Brighton in the United Kingdom for £43.5 million (S$75.6 million), marking its first foray…
US: S&P 500, Nasdaq retreat from record rally after hot producer inflation data
The S&P 500 and the Nasdaq retreated from record highs on Thursday (Aug 14), after a hotter-than-expected producer prices report dampened investor expectations of potential…
Thai Beverage 9-month Ebitda falls 4% to 45 billion baht
Thai Beverage (ThaiBev) posted a 4 per cent drop in earnings before interest, taxes, depreciation, and amortisation (Ebitda) to 45 billion baht (S$1.8 billion) for the nine months ended…
Dezign Format to debut on Catalist on Aug 15 after S$6.5 million IPO
Dezign Format will begin trading on the Singapore Exchange’s (SGX) Catalist board when the market opens at 9am on Friday (Aug 15), following the successful placement of its new shares…
VinFast to spin off R&D assets in 39.8 trillion dong deal with founder
The newly-formed company, Novatech Research and Development, will be carved out from VinFast Trading and Production (VFTP) and will initially remain a direct subsidiary of VinFast …
Frencken posts 9.9% rise in H1 profit to S$19.9 million
Semiconductor player Frencken on Thursday (Aug 14) reported a 9.9 per cent increase in profit to S$19.9 million for the first six months ended Jun 30, from S$18.1 million in the year…
Singapore stocks close lower on Thursday, tracking regional losses; STI down 0.4%
Most stocks on the local bourse declined on Thursday (Aug 14), mirroring losses in regional markets, as investors anticipate a potential rate cut by the US Federal Reserve in the coming…
Over 160 Blizzard workers in Irvine join union as gaming-industry labor movement expands
More than 160 workers at video game company Blizzard Entertainment have voted to unionize. The workers, who produce in-house cinematics, animation, trailers, promotional videos and other…
Dentsu plans to cut about 3,400 overseas jobs to trim cost
The reduction, focused on headquarters and back-office functions in markets outside of Japan Japanese advertising company Dentsu Group said it will cut about 3,400 jobs in markets…
CK Hutchison sees ‘reasonable chance’ of US$22.8 billion ports sale going through
CK Hutchison said on Thursday (Aug 14) its US$22.8 billion ports business sale had a “reasonable chance” of going through after a plan to add a Chinese major strategic investor to the…
Insurer Aviva raises dividend after jump in half-year profit
British insurer Aviva raised its interim dividend on Thursday (Aug 14) after reporting a 22 per cent jump in half-year operating profit, driven by strong growth in general insurance…
Jollibee posts record sales as China business recovers
Top Philippine restaurant operator says net income rises 5.6% to 3.2 billion pesos in April-to-June quarter Top Philippine restaurant operator Jollibee Foods said sales jumped to…