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With just under two months left on their one-year provisional permits to offer ride-hailing services, Trans-Cab and Geolah’s eligibility for full ride-hailing licences is being evaluated,…
Overall sales from the company’s stores across 63 markets around the world fall for a second year in a row Sweden’s Inter Ikea, which supplies furniture to Ikea stores around the world,…
UMS Integration on Friday (Nov 7) reported a 1 per cent year-on-year rise in net profit to S$10.5 million for the third quarter ended Sep 30, on the back of an improved gross margin. But…
Luxury watch retailer Cortina posted a 10 per cent rise in net profit to S$30.5 million for the six months ended Sep 30, up from S$27.8 million a year ago. The increase came on the back of…
China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely to amount to a complete rollback of restrictions as hoped by Washington,…
It cut its operating profit forecast for the year through March 2026 to 550 billion yen (S$4.67 billion) from 700 billion yen Honda Motor slashed its full-year profit forecast by 21 per…
Sports have become more than just a passion investment of the ultra-rich and are now a growing part of their portfolio JPMorgan Chase & Co’s super-rich clients are bolstering their…
The sale reduces Singtel’s effective stake in Bharti Airtel to 27.5% from 28.3% Singtel announced its indirect wholly-owned subsidiary Pastel has raised gross proceeds of about S$1.5…
GOLD rose on Friday as the dollar slid after private-sector job reports indicated weakness in the US labour market increasing expectations of another Federal Reserve interest rate cut,…
ASIAN stocks tracked Wall Street losses on Friday as investors weighed weak US jobs data against Federal Reserve signals suggesting no more interest rate cuts this year. Growing worries…
THE White House has informed other federal agencies that it will not permit Nvidia to sell its latest scaled-down AI chips to China, The Information reported on Thursday, citing three…
Singapore is looking to implement what would be a world-first national roll-out of bank tokens Physical banking tokens are making a comeback. The Monetary Authority of Singapore (MAS) is…
Shares of Singtel surged as much as 5.1 per cent on the back of news that one of its units will sell US$1.2 billion worth of Bharti Airtel shares. The telecommunications operator is also…
Shares of OCBC jumped by more than 4 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended September. At market open, the bank’s shares…
AUSTRALIAN flag carrier Qantas Airways on Friday cut its first-half domestic unit revenue outlook and nudged up its fuel bill, citing softer non-resources corporate demand at home and…
Revenue for the period rises 3.7% to S$239.2 million, from S$230.6 million previously The manager of Frasers Logistics & Commercial Trust (FLCT) on Friday (Nov 7) posted a distribution per…
FEDERAL Reserve Bank of Cleveland President Beth Hammack said monetary policy should continue putting downward pressure on inflation, which she says is too high and remains a bigger risk…
The promotions include 31 per cent Asian, 3 per cent Black and 4 per cent Hispanic or Latino staff Wall Street lender Goldman Sachs will promote 638 executives to managing director next…
Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as US$878 billion over the next decade, endorsing his vision of morphing the…
EUROPEAN stocks fell on Thursday, dragged by technology stocks that came under fresh selling pressure while investors assessed mixed earnings and disappointing key economic data. The…
Oil prices declined on Thursday as investors considered a potential supply glut, as well as weakened demand in the United States, the world’s largest oil consumer. Brent crude futures…
The nine-year rule has been a necessary jolt, forcing boards to re- examine composition, succession and independence IN THE wake of high-profile corporate scandals and the global financial…
ESPN is shifting its strategy on online sports gambling, ending its partnership with Penn Entertainment. The companies announced Thursday they were terminating an agreement that offered…
The company cannot guarantee the quality or authenticity of its chips delivered from China after Oct 13 NEXPERIA suspended supplies to its China factory because the local unit refused to…
