Section
Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value Raffles Education has sold its corporate building at 51 Merchant Road for…
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management business…
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management business…
Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations. The country expects its contribution to help fund…
Bukit Sembawang Estates has been identified as a “potential dividend powerhouse” by DBS Group Research, which sees the possibility of a special dividend of up to S$1 per share on the…
Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in the country for assembly and testing operations.…
The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds Genting Group won a coveted New York City casino licence that will allow the Malaysian…
After the job cuts, roughly 85% of the roles will be client-focused, while 15% will be administrative, the company says Omnicom said on Monday (Dec 1) that it will lay off more than 4,000…
US rate futures are pricing in an 88% chance of a rate cut in December, according to the CME’s FedWatch tool Gold edged lower in early Asian trading on Tuesday (Dec 2) after it touched a…
The Asian nation is home to more than 90% of global rare earths and permanent magnets refining capacity The US will seek agreements with eight allied nations as part of a fresh effort to…
Singapore-based multi-currency wallet YouTrip has launched operations in Australia, marking the fintech company’s first geographic expansion since the Covid-19 pandemic. Announced on…
The bank is investing in talent and expanding research partnerships with universities Artificial intelligence (AI) has become a catalyst for OCBC’s technology overhaul, sharply reducing…
Markets have largely priced in a rate cut from the Fed at the conclusion of its two-day policy meeting on Dec 10 US stocks closed modestly lower on Monday (Dec 1), weighed down by a jump…
JPMorgan doubled its Swiss domestic private banking business between 2020 and 2024 and aims to do so again by 2030 as it targets the country’s wealthiest people, a senior executive at the…
The deal adds to Nvidia’s slew of new partnerships in the artificial intelligence ecosystem Nvidia has invested US$2 billion in chip design software maker Synopsys as part of an expanded…
Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation. From buildings requiring more air-conditioning amid…
The company needs to raise capital to fund projects including data centre construction SoftBank Group founder Masayoshi Son said he wouldn’t have sold off Nvidia shares if his company had…
British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in…
Smartphone companies have 90 days to ensure the app is pre-installed on new mobile phones India’s telecoms ministry has privately asked smartphone makers to preload all new devices with a…
Standard Chartered revised its forecast for China’s 2026 gross domestic product growth to 4.6 per cent from 4.3 per cent, citing the country’s resilient exports and continued gains in…
It is the first time Airbus has had to deal with global safety attention on such a scale since that crisis Airbus fleets were returning towards normal operations on Monday (Dec 1) after…
The Bank of Japan (BOJ) will consider the “pros and cons” of raising interest rates at its next policy meeting, governor Kazuo Ueda said on Monday (Dec 1), giving the strongest signal yet…
Chinese carmakers lost ground in Europe in October, slipping back from the record market share they captured a month earlier across the region. In the hybrid categories, where…
UOB also expects attractive dividend yields of 5.5 per cent and 10 per cent for 2025, 2026 UOB Kayhian initiated coverage on industrial property developer Soon Hock Enterprise (SHE) with a…
