Section
ADANI Group companies lost about US$27 billion in market value on Thursday (Nov 21) after US prosecutors charged the Indian conglomerate’s billionaire chairman in an alleged bribery and…
STARBUCKS is exploring options for its Chinese operations including the possibility of selling a stake in the business, according to sources with knowledge of the matter. The coffee chain…
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies expanding into region Geopolitical tensions are driving Chinese healthcare…
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies to expand into region Geopolitical tensions are driving healthcare…
BAIN-BACKED Kioxia will have a market value of about 750 billion yen (S$6.5 billion) based on the indicative price for its initial public offering (IPO), with the chipmaker to receive…
ASIAN markets were mixed on Thursday (Nov 21) as another blockbuster earnings from chip titan Nvidia smashed forecasts but still left investors disappointed, while sentiment was also being…
BITCOIN closed in on the historic US$100,000 level, fuelled by optimism that President-elect Donald Trump’s support for crypto heralds a boom as the US pivots to friendly regulations in…
HYUNDAI Motor unveiled its first three-row electric SUV on Wednesday (Nov 20), pushing into a market for big family cars that global automakers hope will one day be a profit powerhouse.…
Affected countries will be grappling with cheaper exports to the US, and costlier US dollar-denominated imports THE US dollar has surged with Donald Trump’s win in the US presidential…
Gold prices inched higher on Thursday (Nov 21) for a fourth consecutive session, supported by safe-haven demand amid the intensifying Russia-Ukraine war, while investors looked for further…
GLOBAL social media firms could face fines of as much as A$50 million (S$43.7 million) if they fail to enforce the Australian government’s new social media ban on children under the age of…
IN LATE 2008, as Google faced antitrust scrutiny over an advertising deal with its rival Yahoo and confronted lawsuits involving patent, trademark and copyright claims, its executives sent…
CANADA’S Manulife Financial will reinsure C$5.4 billion (S$5.2 billion) of its reserves as it looks to transfer some risk from its portfolio and free up capital for stock buybacks. The…
KPMG said on Wednesday (Nov 20) it would spend US$100 million over the next four years to bolster its enterprise artificial intelligence (AI) services through a partnership with Alphabet’s…
MCDONALD’S is launching a new US value platform in an attempt to woo budget-conscious diners. The new lineup, called McValue, includes an offer to buy one item and get one for US$1,…
OIL prices settled lower on Wednesday (Oct 20) after US crude and petrol stocks rose by more than expected last week, but losses were capped by worries about the intensifying war between…
The zone could generate a need for financing among companies – an area Maybank is eager to support THE upcoming Johor-Singapore Special Economic Zone (SEZ) could drive a 10 to 20 per cent…
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest rates DATA centres turned out to be the surprise package in what was…
Every day millions of people share more intimate information with their accessories than they do with their spouse. Wearable technology — smartwatches, smart rings, fitness trackers and…
A mother convicted of a notorious 1994 double murder has been denied parole after board members dismissed her insincere display of emotion. Susan Smith, now 53, drowned her two young sons,…
A hacker has reportedly gained access to a computer file containing testimony from a woman who claims she had sex with former Florida Congressman Matt Gaetz when she was 17. According to…
A newly released surveillance video shows an Arkansas doctor engaging in inappropriate behavior at his medical office while completely naked — and allegedly performing "a sexual act" in…
The growing dependence on US dollars and the stronger link between banks and non-banks pose risks to the eurozone’s financial system EUROZONE financial institutions are increasingly using…
OFFSHORE oil and gas equipment manufacturer Amos Group on Wednesday (Nov 20) extended the deadline for shareholders to accept the offer made by its controlling shareholder to 5.30 pm on…
