Archive
ZHAO Changpeng “CZ”, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former venture capital arm of his Binance Holdings into a…
NEW data centres in Johor, Malaysia, and the US chip export ban are unlikely to have a big impact on Keppel DC Reit, said the manager on Friday (Jan 24). The workloads in Johor are…
MITSUBISHI Motors, a junior partner of Nissan Motor, is considering not joining a planned business merger between Nissan and Honda Motor, sources told Reuters on Friday. Mitsubishi Motors…
JPMORGAN Chase lifted chief executive officer Jamie Dimon’s pay to US$39 million for 2024, a year in which the biggest US bank beat its own record for the highest annual profit in the…
US NEWS network CNN will shed six per cent of staff, some 200 people, the outlet said on Thursday as it embarks on a major shakeup of staffing and programming amid a deluge of political…
TEXAS Instruments gave a disappointing earnings forecast for the current period, a sign it’s contending with still-sluggish chip demand and higher costs tied to a factory expansion. Profit…
TEL AVIV — On lampposts, in shop windows and on smartphone screens across Israel, the posters show a smiling, red-headed baby boy clutching a pink elephant. And now the country is bracing…
BANGKOK — On the fifth floor of a large Bangkok mall, gay newlyweds milled about on a long rainbow carpet, posing for photographs while other couples still waiting to marry lined up to…
WASHINGTON — President Trump’s executive order rejecting liberal “gender ideology” and restoring the “biological truth” of two sexes sets the stage for a legal battle in California and the…
The United States is ground zero for the H5N1 bird flu. Since March 2024, when the virus was first reported in a Texas dairy herd, the virus has killed one person, sickened scores more,…
US main stock indexes opened flat to slightly lower on Thursday (Jan 23), as investors paused after Wall Street’s strong performance in the previous session and focused on corporate…
STARHILL Global Real Estate Investment Trust’s (Reit) distribution per unit (DPU) rose 1.1 per cent to S$0.018 for its first half ended Dec 31, 2024, from S$0.0178 in the year-ago period.…
THE distribution per unit (DPU) for OUE Real Estate Investment Trust (Reit) rose 8.7 per cent to S$0.0113 for the second half of its financial year ended Dec 31, 2024, from S$0.0104 in the…
DEIR SHMAYEL, Syria — In the mountains east of Syria’s Mediterranean coast, armed patrols root out Assad loyalists, masked gunmen monitor checkpoints and residents fret every strange face…
The interior minister of Germany's southern state of Bavaria is to review policies on housing for patients with serious mental illnesses after two people, including a 2-year-old child,…
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) fell 9.1 per cent to S$0.02 for its third quarter ended Dec 31, 2024, from S$0.022 in the year-ago period. Revenue…
MELBOURNE — As flames engulfed swaths of Los Angeles County this month and U.S. fire authorities scrambled to coordinate help from overseas, one longtime firefighting partner was left off…
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from lower interest rates, China’s economic chills and…
GERMANY’S top central bank warned against trade levies, a day after US President Donald Trump reiterated a call for the European Union to buy more American oil and gas if the bloc wants to…
CATHAY Pacific Airways is planning to slash its profit-share payout to its workers by almost 50 per cent. The Hong Kong carrier is only planning to distribute at least four weeks of…
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US peer, as it expects sales growth to halve this…
For three years, the renewable energy generated from the farm will be channelled to the national grid A new 18 megawatt-peak ground-mount solar farm located at PSA Singapore’s Keppel…
SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI) endeavour President Donald Trump unveiled this week,…
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more appetite for riskier credit, according to the country…
