Business
South Korea to safeguard competition after Korean Air, Asiana merger
SOUTH Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a 1.8 trillion…
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
Microsoft expects US$800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
MICROSOFT expects to record an impairment charge of around US$800 million in the second quarter of fiscal year 2025 over General Motors’…
Business
Hong Kong’s US$38 billion year for M&A sparks rare bidding wars
THIS year is poised to be the busiest in nearly a decade for takeover deals involving a range of Hong Kong-listed companies, from…
Business
Bitcoin lifted above US$100,000 on firming expectations of Fed cut
BITCOIN renewed a climb past US$100,000 after the latest US inflation data bolstered bets on another Federal Reserve interest-rate cut.…
Business
UOBKH initiates ‘buy’ call on Oiltek with S$1.22 target price on strong order book
UOB Kay Hian (UOBKH) has initiated a “buy” call on vegetable and edible oil engineering process company Oiltek, with a target price of…
Business
Singapore stocks open lower on Thursday; STI down 0.1%
SINGAPORE shares opened lower on Thursday (Dec 12), following declines in the key banking counters after mild inflation data fueled…
Business
Insurer Income sets up new financial advisory unit and is ‘actively recruiting’: sources
HOME-GROWN insurer Income Insurance is taking a stab at a new business model as it looks at ways to grow its topline by expanding its…
Business
Blackstone keen to boost Nippon Life ties after Resolution deal
BLACKSTONE signalled that it’s eager to strengthen its relationship with Nippon Life Insurance following the Japanese firm’s US$8.2…
Culture
ServiceNow restructures RiseUp workforce training programme, cuts staff
SERVICENOW is restructuring its user training programme RiseUp amid low job placement rates and a corporate backlash to diversity-focused…
Business
Hershey’s main owner rejects Mondelez’s offer as too low
THE main owner of US chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International, sources familiar with…
Business
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
PHOTOSHOP maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday (Dec 11), indicating the company’s investments…
Culture
Volatility could roil base metal markets in 2025; analysts favour copper, tin amid energy transition
Potential headwinds include stronger US dollar, escalating trade tensions and China’s economic momentum BASE metal prices have been lifted…
Culture
Tough 2024 for suburban business parks with rising vacancies; muted growth for industrial rents in 2025
Most industrial submarkets can expect to grow by 2 to 3% next year – but not business parks in the suburbs THE business park segment in…
Business
Google unveils latest AI model, Gemini 2.0
GOOGLE on Wednesday (Dec 11) announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world’s…
Business
US: Wall St opens higher after inflation data solidifies rate-cut bets
Wall Street’s main indexes opened higher on Wednesday (Dec 11) after an in-line inflation reading kept intact bets on the Federal Reserve…
Business
Ron Sim and Osim send legal letter of demand to Trek 2000 International’s current and former chairmen
Ron Sim alleges fraudulent misrepresentations before he acquired shares of Trek 2000 in 2015 MASSAGE chair and appliance manufacturer Osim…
Business
Europe’s loan bankers pin hopes on M&A revival to boost volumes
REFINANCINGS helped bolster European loan volumes in 2024 but with mergers and acquisitions looking like they’re finally picking up,…
News
Chinese authorities are considering a weaker yuan as Trump trade risks loom: sources
CHINA’S top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher US trade tariffs as…
Business
Zara owner Inditex’s sales growth slows as holiday shopping begins
INDITEX, the owner of Zara, reported slower sales growth at the outset of the crucial holiday shopping season. The Arteixo, Spain-based…
Business
Bank of England set to stay in central bank slow lane and keep rates on hold
THE Bank of England (BOE) looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central…
News
TikTok Shop goes live for Spain, Ireland in Europe rollout
TIKTOK’S in-app shopping feature has gone live for users in Spain and Ireland, marking the first steps in an expansion of ByteDance’s…
Business
AAA Membership Cost: Worth It?
If you’re considering a AAA membership, it’s important to understand the costs and benefits involved. The AAA membership, often referred…
Business
Charge+ buys 140 EV chargers from 3 companies ceasing commercial charging services in Singapore
ELECTRIC vehicle (EV) charging point operator (CPO) Charge+ has acquired 140 public and shared EV chargers from three other companies in…
Business
Charge+ buys 140 EV chargers from 3 companies that have ceased commercial charging services in Singapore
ELECTRIC vehicle (EV) charging point operator (CPO) Charge+ has acquired 140 public and shared EV chargers from three other companies in…