Section
BANK of Japan policymakers were divided on how quickly the central bank should raise interest rates further, minutes of the bank’s July meeting showed, highlighting uncertainty on the…
CITIBANK will close its last branch in Singapore as it focuses on serving customers online and advising affluent clients at its wealth hubs. The US bank will on Oct 12 shutter its Jurong…
US PRIVATE equity firm Blackstone has confirmed a £10 billion (S$17.2 billion) investment for an artificial intelligence data centre in northeast England, the British prime minister’s…
BRITISH car productions fell for the sixth consecutive month in August, a traditionally lower output month affected by summer shutdowns and factories prepping to switch to newer models,…
META Platforms debuted its first pair of augmented reality (AR) glasses – devices that show a combined view of the digital and physical worlds, a key step in chief executive officer Mark…
OIL prices slumped over 2 per cent on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite China’s latest stimulus plans. Still, falling crude…
THE Dow and S&P 500 fell on Wednesday, retreating from records amid a banner period for markets ahead of key US inflation data. Analysts have described the market as primed for a…
MICRON Technology, the largest US maker of computer memory chips, surged in late trading after giving surprisingly strong sales and profit forecasts, helped by demand for artificial…
The company will continue supplying alkylphenol from other manufacturing facilities in Europe and the Americas CHEMICALS company SI Group will close its alkylphenol manufacturing facility…
The Malaysian currency has been buoyed by signs of a rebound in China, the nation’s largest trading partner The rally in Malaysia’s ringgit is likely to last given the nation’s favourable…
SOUTH Korean conglomerate Hanwha rebutted criticism from the estate of Dyna-Mac’s founder that its voluntary conditional offer is not compelling, maintaining that its proposition is based…
ITALY’S antitrust agency has launched an investigation into a Dublin-based company that manages the Italian website of online clothing retailer Shein over possible misleading environmental…
Amid rising concerns that X has become less safe under billionaire Elon Musk, the platform formerly known as Twitter is seeking to assure advertisers and critics that it still polices…
VIENNA-BASED advocacy group NOYB on Wednesday (Sep 25) said it has filed a complaint with the Austrian data protection authority against Mozilla accusing the Firefox browser maker of…
VOLKSWAGEN and unions start negotiations over wide-ranging cost cuts on Wednesday (Sep 25), with tensions between both sides higher than they have been in years. The talks centre on the…
INVESTORS who have snubbed stocks tied to Chinese growth may face a “pain trade” after the world’s second-biggest economy unleashed a new stimulus package and the Federal Reserves cut…
NEW World Development, the Hong Kong property developer owned by the billionaire Cheng family, is considering replacing third-generation scion Adrian Cheng as chief executive officer after…
NOMURA Holdings faces a 21.8 million yen (S$194,514) fine for allegedly manipulating the Japanese government bond futures market, a setback for the nation’s biggest brokerage during a…
The baht gained to its strongest level in 30 months as China’s stimulus boosted risk assets globally, adding pressure on the Bank of Thailand to act to curb its rally. The currency rose as…
ING Groep is starting to use artificial intelligence to price currencies, replacing a job traditionally performed manually by the bank’s traders. The Dutch lender’s new AI model employs…
NIO founder William Li hit out at the European Union and the US, saying that their moves to level tariffs on electric cars are unreasonable and urged them to cooperate with, rather than…
SAUDI Aramco has set the initial price guidance for 5- and 10-year dollar sukuk bonds, according to a term sheet reviewed by Reuters on Wednesday. The mainly state-owned oil company is…
GOLD prices were steady near record highs on Wednesday (Sep 25), as a weaker US dollar and an escalated conflict in the Middle East lifted bullion’s safe-haven appeal, while investors…
SINGAPORE-BASED companies have made a strong showing in an inaugural list of Asean’s 30 top tech start-ups, accounting for 21 of them. The NextGen Tech 30 list, released on Sept 24 by tech…
