Business
Gold flat as US yields, dollar rise on strong data
GOLD prices were flat on Wednesday (Jan 8), pressured by higher yields and a stronger dollar after US data suggested the Federal Reserve…
Kim Browne
As an editor at GQ British, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
Business
Cordlife’s Teo Tong Kooi resigns as chairman; Zhai Lingyun steps up
EMBATTLED cord-blood bank Cordlife Group announced on Wednesday (Jan 8) that Zhai Lingyun, the company’s non-independent non-executive…
Business
ExxonMobil signals weaker performance across the board to hurt Q4 profits
EXXONMOBIL signalled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its…
Business
Hong Kong banks hoard record piles of cash as economy sputters
HONG Kong banks are hoarding cash and liquidity despite calls by the government to help out struggling small businesses with funding to…
Business
Samsung Q4 profit outlook misses estimates by large margin as chip issues drag
SAMSUNG Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as…
Business
TVs get smarter as makers cater to AI lifestyles
DAZZLING televisions that routinely star at the Consumer Electronics Show that opened in Las Vegas on Tuesday (Jan 7) are getting ever…
Business
Panasonic teams up with Anthropic, aims for 30% of sales from AI
PANASONIC Holdings will embrace artificial intelligence (AI) technology across its hardware and software businesses and team up with…
News
Trump, Dubai billionaire unveil US$20 billion for data centres
PRESIDENT-elect Donald Trump announced an investment of at least US$20 billion from Hussain Sajwani, the head of Damac Group, to build new…
Business
Companies should do away with having an executive chairman
The individual might get too involved in the group’s operations, and the staff could be torn between potentially competing centres of…
Business
Do It In 7 Steps: Your Quick Guide to Starting a Business in 2024
Thinking about starting a business in 2024? You’re in the right place. This guide will walk you through the seven steps you need to kick…
Business
Microsoft to invest US$3 billion in India, to expand AI and cloud capacity
Microsoft will spend US$3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on…
Business
Centurion exploring Reit listing for workers and student accommodation assets
It has previously considered a Reit listing in January 2015 but deferred the plan CENTURION Corporation is currently exploring the…
Business
Indonesia to meet Apple on investment proposal, official says
INDONESIA’S industry ministry will meet representatives from Apple on Tuesday (Jan 7) to discuss its investment in the country, a…
Business
KKR considering selling Japan’s Seiyu supermarket: Nikkei
US PRIVATE equity fund KKR is considering selling supermarket chain Seiyu in a deal that could be worth several hundred billion yen, the…
News
Tencent SDRs fall nearly 7% after US designates tech giant as ‘Chinese military company’
TENCENT’S Singapore-listed shares, or Singapore Depository Receipts (SDRs), fell nearly 7 per cent on Tuesday (Jan 7) after the US…
Business
DBS upgrades PropNex to ‘buy’, lifts target price by 21% on positive earnings outlook
DBS Group Research on Monday (Jan 6) upgraded its call for real estate agency PropNex to “buy” and raised its target price on the counter…
Business
DBS upgrades PropNex to a buy rating, lifts target price on expected ‘rebound’ in property market
DBS on Monday (Jan 6) upgraded its rating for real estate agency PropNex to “buy” and raised its target price for the stock on a positive…
News
SingPost issued government advisory to uphold governance after whistle-blowing report
THE government has issued Singapore Post (SingPost) an advisory to uphold proper corporate governance and processes after the…
Business
China’s WuXi Biologics to sell vaccine facility to Merck for US$500 million
WUXI Biologics Cayman will sell a vaccine facility in Ireland to Merck for about US$500 million as the Chinese company seeks to enhance…
Business
AMD adds Dell as commercial PC customer for the first time
ADVANCED Micro Devices (AMD), the second-biggest maker of computer processors, said its chips will be used by Dell Technologies for the…
Business
Samsung CEO touts AI fridges and washers after year to forget
SAMSUNG Electronics is ramping up investment in artificial intelligence (AI) for consumer electronics, betting on its ubiquitous presence…
Business
Singapore shares in the black on Tuesday; STI rises 0.2%
SINGAPORE shares ended Tuesday (Jan 7) in positive territory, even as overseas markets closed mixed. The benchmark Straits Times Index…
Business
The downfall of Hin Leong over 4 years
ONCE a giant in Singapore’s oil trading industry, the collapse of Hin Leong Trading (HLT) unveiled a web of fraud, forgery and financial…
Culture
McDonald’s rolls back some diversity practices in head office
MCDONALD’S is retiring its goal for diversity in corporate leadership and shifting away from some diversity practices, citing a “shifting…