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UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter. That step will be followed by another round later in 2026 as UBS intends…
Disruptions highlight risks of the 90% IndiGo-Air India duopoly in India’s air market India’s competition regulator said on Thursday (Dec 18) it was reviewing allegations of antitrust…
Five MPC members vote to lower the benchmark rate for the fourth time in 2025 to 3.75% The Bank of England (BOE) cut interest rates on Thursday (Dec 18) after a narrow vote by policymakers…
At the Angelika Film Center in New York earlier this month, 115 people gathered around the theater’s big screen. But it wasn’t to watch a Hollywood film. They came together to celebrate an…
Across the broader market, losers beat gainers 286 to 236, as 883.5 million securities worth S$1.1 billion change hands Singapore shares ended lower on Thursday (Dec 18), tracking declines…
Elliott Investment Management has been approaching asset managers and other institutional investors in Japan to build support for its campaign and push Toyota group to sweeten its 4.7…
The effort is part of Google’s aggressive plan to make its TPU a viable alternative to Nvidia’s GPUs Alphabet’s Google is working on a new initiative to make its artificial intelligence…
The won has been Asia’s worst-performing currency in the second half of the year In South Korea, calls for action to stem the won’s decline are getting louder by the day. On Thursday (Dec…
The new solution demonstrates how businesses can use blockchain technology to make transactions faster, more secure and more efficient Standard Chartered (StanChart) on Thursday (Dec 18)…
US President Donald Trump said on Wednesday the next chairman of the US Federal Reserve will be someone who believes in lower interest rates “by a lot.” “I’ll soon announce our next…
OCBC digital users are now able to access mobile and online banking services, following a short-lived outage on Thursday (Dec 18) morning. About 1,000 outage reports were lodged on…
ASIAN markets sank on Thursday after another sell-off on Wall Street as worries over the tech sector’s colossal spending on artificial intelligence continued to dog investor sentiment.…
Its asset-light model and careful working-capital management enable disciplined expansion, says analyst KGI Securities has initiated coverage on Ever Glory United with an “outperform”…
APPLE is making changes to its iOS software in Japan to comply with a new local law aimed at fostering competition, part of broader efforts by the iPhone maker to adapt to regulations…
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 18): Singtel: The board of its unit, Optus, on Thursday released a report from an…
Shoppers viewing Instacart prices saw wildly different prices for the same items sourced at the same stores THE US Federal Trade Commission is probing Instacart, two sources familiar with…
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the bank’s executive pay report at its 2025 annual…
Post-acquisition, the Australian utility may present significant capital expenditures or a slower-than-expected green transition At the heart of Sembcorp’s plan to buy Australian utility…
It is set to add over US$30 billion to its market capitalisation, if premarket gains hold MICRON Technology shares rose nearly 14 per cent in premarket trading on Thursday (Dec 18),…
Oil prices rallied by more than 1 per cent on Wednesday after US President Donald Trump ordered a blockade of all oil tankers under sanctions entering and leaving Venezuela, raising global…
WALL Street’s main indexes closed lower on Wednesday, with the S&P 500 and the tech-heavy Nasdaq sinking to three-week lows as nagging worries about the artificial intelligence trade…
A group of entertainment industry workers launched a new coalition that aims to advocate for the rights of creators amid the growing AI industry. The group, called Creators Coalition on…
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiations Oracle’s largest data centre partner, Blue Owl Capital, will not…
Wall Street’s main indexes were subdued at the open on Wednesday (Dec 17) as investors searched for fresh clues to gauge the outlook for monetary policy, while caution lingered following…
