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STARBUCKS’s holiday-themed cups drove a bigger spike in customer visits than in previous years, a welcome boost for a brand that’s looking to stage a turnaround. The Red Cup Day giveaway…
BRITISH insurer Direct Line Insurance on Wednesday (Nov 27) rejected a takeover offer of £3.3 billion (S$5.6 billion) from bigger rival Aviva, saying it “substantially undervalued” the…
The much-hyped Mike Tyson fight against YouTuber-turned-boxer Jake Paul showed the potential power of Netflix to create live, global sports events on streaming video. For many people…
SHARES of Dell and HP fell on Wednesday (Nov 27) after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs.…
UBS Group cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs cast a pall over the market. The individuals, who joined as…
STANDARD Chartered is exploring a potential divestment of its wealth and retail banking operations in Botswana, Uganda and Zambia, it said on Wednesday (Nov 27), as the banking giant…
The Guangzhou-headquartered company priced its American depositary shares at US$13 each PONY AI raised US$260 million after pricing its US initial public offering at the top of the…
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S banks and insurers have sufficient capital and…
GLOBAL bank Citigroup announced on Wednesday (Nov 27) that it has appointed former BlackRock portfolio manager Kate Moore as its chief investment officer (CIO) for its wealth division. She…
TAIWAN’S Foxconn said on Wednesday (Nov 27) it expects any impact of new tariffs from US President-elect Donald Trump to hit it less than its rivals, citing its global manufacturing…
December tranche gives a 10-year average return of 2.81%; sees S$164.8 million in applications versus S$600 million on offer THE latest Singapore Savings Bond (SSB), allotted on Wednesday…
DESPITE higher interest expenses, most companies in Singapore have been able to generate enough earnings to service their debt, said a report by the Monetary Authority of Singapore (MAS)…
GLOBAL smartphone sales rebounded strongly in 2024 after two successive years of decline, but Apple barely managed growth, an independent study showed, underscoring the speed with which…
THAI Airways International expects to raise as much as 44 billion baht (S$1.7 billion) from a share rights offering, the carrier’s final major step to exit a court-supervised debt…
VITASOY International Holdings is “open” to potential business collaboration opportunities, chief executive officer Roberto Guidetti said, as the beverage maker’s shares jumped the most on…
CEO Roberto Guidetti says it’s ‘open’ to potential business collaboration as company’s shares jumped the most on record VITASOY International Holdings is “open” to potential business…
CYBERSECURITY firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue on Tuesday (Nov 26), betting on growing demand for cybersecurity services amid…
GOLD was little changed on Wednesday (Nov 27), as investors awaited US inflation data for clues on the scale of a possible Federal Reserve rate cut next month. Spot gold was flat at…
SINGAPORE stocks began trading higher on Wednesday (Nov 27), despite US president-elect Donald Trump’s tariff threat on major trading partners. As at 9.01 am, the Straits Times Index (STI)…
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 27): Singapore Post (SingPost): The national postal service provider said on…
SHARES of US automakers tumbled on worries that a new round of tariffs imposed by President-elect Donald Trump will cause sticker prices to soar even further. Trump said that he would…
CANADIAN convenience store and fuel retailer Alimentation Couche-Tard remains committed to snapping up its Japanese rival Seven & i Holdings despite a new management buyout proposal valued…
NETFLIX won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber growth of account sharing, where paying members share…
CHINA’S SF Holding’s shares are set to debut in Hong Kong on Wednesday (Nov 27), in what is expected to be the city’s final test for major listings this year. In grey-market trading on…
