Revolut will let former staff sell stock in secondary sale
REVOLUT has told its former staff they can participate in a secondary share sale, allowing them to cash in at the finance firm’s latest US$45 billion valuation. Former employees were told…
Section
Fashion
Jimmy Fallon Ruthlessly Mocked for Embarrassing Outfit Choice and Awkward Microphone Mishap at Macy's Thanksgiving Parade
Jimmy Fallon unexpectedly suffered an awkward moment during his live performance at the Macy's Thanksgiving Parade on Thursday. The 50-year-old host of 'The Tonight Show' appeared to have…
Home Alone: BTS Member J-hope to Guest in MBC Variety Show
BTS member J-hope will appear as a guest in the MBC hit variety show Home Alone, also known as I Live Alone. The television program focuses on the daily lives of celebrities in a…
ADOR Responds to NewJeans' Press Conference; Releases Official Statement
ADOR has responded to the emergency press conference held by NewJeans members on Thursday (November 28) through an official press release. The entertainment company criticized the K-pop…
When the Phone Rings: Netizens Praise Yoo Yeon Seok, Chae Soo Bin After Watching MBC Drama
When the Phone Rings has become one of the most loved K-dramas premiered in November. The mystery thriller drama captured the attention of millions of Korean drama lovers worldwide because…
How Did Marshal Brian II Die? Mystery as Founder of One of World's Most Popular Websites Is Found Dead Hours after Sending Mail Alleging Retaliation for Ethics Complaint
The founder of one of the world's most popular websites was found dead under mysterious circumstances in his university office, hours after emailing accusations that school officials were…
Bank Negara Malaysia calls for fair insurance pricing as medical costs soar
BANK Negara Malaysia (BNM) on Thursday (Nov 28) instructed insurance companies to reassess their repricing strategies to ensure fairer implementation for policyholders due to concerns over…
Digital Core Reit responds to unitholders on proposed acquisition of additional stake in Frankfurt data centre
UNITHOLDERS of Digital Core Real Estate Investment Trust (Reit) have bombarded its manager with questions relating to its acquisition of a bigger stake in a data centre in Frankfurt,…
IHH Q3 profit stays flat at RM534 million
IHH Healthcare on Thursday (Nov 28) posted a net profit of RM534 million (S$161.5 million) for its third quarter ended Sep 30, 2024, nearly on a par with RM532 million the year before.…
Australia central bank says inflation too high for near-term rate cut
AUSTRALIA’S top central banker said on Thursday (Nov 28) that core inflation was too high to allow for rate cuts in the near term, all but ruling out relief for borrowers at its next…
Bain-backed Chindata seeks a US$2.8 billion loan for refinancing and expansion in Malaysia
Chindata’s planned loan highlights data centres’ financing needs for AI service demand in the region Bain Capital-owned data centre operator Chindata Group Holdings is in discussions with…
Abu Dhabi’s IHC maintains outlook on Adani Group stakes as stocks rise sharply
INTERNATIONAL Holding Co’s (IHC) outlook on investments in India’s Adani Group remains unchanged, the Abu Dhabi conglomerate said following the US indictment of billionaire Gautam Adani,…
Australia shares hit record high again on boost from banks
Australian shares hit a record high on Thursday (Nov 28), helped by a sustained rally in the heavyweight banking stocks, despite concerns over valuation and the impact of high interest…
New Zealand’s central bank to debate 25 or 50 basis points rate cut in February
NEW Zealand’s central bank will debate whether to cut interest rates by 25 or 50 basis points in February, a senior central banker said on Thursday (Nov 28), after having disappointed…
Hot stock: PEC rises 11.4% after talks of potential share deal
The counter climbs 11.4 per cent or S$0.085 to S$0.83 as at 11.18 am. SHARES of engineering company PEC were up 11.4 per cent on Thursday (Nov 28) following talks of a possible share deal.…
Mizuho weighs new push to target India’s private equity boom
MIZUHO Financial Group is considering making a push into a new area for the lender in India focusing on private equity and venture capital firms, seeking to tap some of the most prolific…
Amazon injects S$2 billion into its Singapore businesses in 2023
AMAZON on Thursday (Nov 28) announced that it injected more than S$2 billion into its retail and cloud businesses in Singapore in 2023. The outlay comprised capital expenditure, including…
BlackRock has deal to buy private credit manager HPS: report
BLACKROCK has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday (Nov 27). The final deal value would be closer to US$12…
China’s EV boom threatens to push petrol demand off a cliff
From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with charging posts in the western deserts, signs of the electrification…
Microsoft denies training AI models on user data
MICROSOFT on Wednesday (Nov 27) denied claims that it uses customer data from its Microsoft 365 applications, including Word and Excel, to train artificial intelligence (AI) models. The…
IReit Global inks lease contract with Premier Inn to reposition Berlin Campus into mixed-use space
EUROPE-FOCUSED real estate investment trust (Reit) IReit Global has signed a lease contract with UK hotel chain Premier Inn for 10,348 square metres or 12 per cent of net lettable space in…
China keeps buying US soy in surprise move after Trump’s win
CHINA is continuing to buy US soybeans, confounding some traders who had expected the flow of shipments to slow down ahead of a potential trade war between both countries. A Chinese state…
Microsoft faces broad antitrust investigation from US FTC
THE US Federal Trade Commission (FTC) has opened an antitrust investigation of Microsoft, drilling into everything from the company’s cloud computing and software licensing businesses to…
Citadel, Pimco set to own stakes in Spirit Airlines post-bankruptcy
KEN Griffin’s Citadel Advisors, Pacific Investment Management Company (Pimco) and Western Asset Management are among the investment firms poised to own equity in Spirit Airlines after the…