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SINGAPORE stocks were close to a record high on Thursday (Dec 5) morning, but eased by the close. The benchmark Straits Times Index (STI) rose 22.74 points or 0.6 per cent to 3,822.68.…
Market expectations of a Bank of Japan (BOJ) interest rate hike this month sank after a local media report cast doubt on an increase, and the predictions hardly budged even after one of…
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue…
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue…
THE tycoon behind China’s RoyalFlush trading app has added US$6 billion to his wealth since the nation’s stimulus blitz in September, underscoring how the volatility has been a boon for an…
FOOT Locker executives said on Wednesday (Dec 4) that they are working closely with Nike to emphasise its newer styles, including Vomero and Air DT Max shoe models, amid “softness” in…
A Delaware judge rejected Tesla Chief Executive Elon Musk’s multibillion-dollar pay package for a second time, writing in her opinion this week that the company’s approval process for the…
The US Commodity Futures Trading Commission’s (CFTC ) fines and investor relief hit a record US$17.1 billion, largely due to the agency’s crackdown on defunct crypto exchange FTX. Most of…
AIRBUS announced just over 2,000 job cuts in Defence and Space, or about 5 per cent of its second-largest division, as it reels from US competition in the satellites sector but the cuts…
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest…
Arsenal will host Manchester United at the Emirates, with the visitors coming in after a boost of confidence. Ruben Amorim faces a tough challenge early in his tenure. Since the…
Newcastle United will host Liverpool at St. James' Park on Wednesday, aiming to bounce back and get their season back on track. The Magpies have not won their last two Premier League…
A CONSORTIUM of investors led by Starwood Capital Group, Sixth Street Partners and SSW Partners has made an offer to take Hong Kong-listed real estate fund manager ESR Group private at…
VOLKSWAGEN’S (VW) CEO and labour boss clashed during a staff meeting on Wednesday (Dec 4), with management pushing for major cuts while workers warned of more strikes if plant closures…
NXP Semiconductors and a Taiwan Semiconductor Manufacturing Co (TSMC) affiliate are discussing an expansion of their US$7.8 billion Singapore venture, recognising a need to diversify chip…
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13 (S$2.24)-a-share binding offer for the logistics real estate firm, people familiar with the matter said, a…
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13-a-share binding offer for the logistics real estate firm, people familiar with the matter said, a move that…
SINGAPORE investors think technological advances will be the most significant driver of change for the businesses they invest in – ahead of factors such as government regulation,…
It is targeting US$200 billion in new assets and double-digit income growth in its wealth business over the next five years SINGAPORE and Hong Kong will continue to make up half of…
IN VIETNAM’S heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with two-wheelers belching toxic fumes. Trung, 19, is…
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for further insights into the US interest rate cut…
MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper traders, according to sources familiar with the matter.…
MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper traders, according to sources familiar with the matter.…
NETFLIX’S subscribers passed 10 million in Japan in the first half of this year with the streaming firm’s Japanese-language programming grabbing attention in the growing market. The…
