Business
CPF Special, MediSave and Retirement Accounts’ interest rate falls to 4% for Q1 2025
THE interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will fall to the floor rate of 4…
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
Club Med owner shares jump 83% after Hong Kong take-private offer
FOSUN Tourism Group shares saw their biggest jump on record in Hong Kong, after the owner of luxury resort chain Club Med offered to buy…
Business
15 Reasons Restaurant Chains are Dying
The restaurant industry is facing tough times, with many chains struggling to stay afloat. Various factors contribute to this decline,…
Business
Alaska Airlines sees US$1 billion jump in profit after merger with Hawaiian Airlines
ALASKA Airlines on Tuesday unveiled a plan to generate US$1 billion in additional profits by 2027 by leveraging its acquisition of…
Business
Singapore stocks open flat at Wednesday’s open
SINGAPORE shares open muted on Wednesday (Dec 11) following weak trade figures from China and ahead of key inflation data in the US. As at…
Business
Citigroup cuts ESG analyst jobs as research group trimmed
CITIGROUP has cut about five analyst jobs inside a small team dedicated to producing ESG (environmental, social and governance) and…
Culture
When Was YouTube Created?
The Not many know when the founders created YouTube. We don’t really need to say much about the incredible popularity of the site. Indeed,…
News
US Steel drops as Biden plans to block sale to Nippon Steel
PRESIDENT Joe Biden plans to formally block the US$14.1 billion sale of United States Steel to Nippon Steel on national security grounds…
Culture
TikTok pays its users to shop if they boost app downloads
TIKTOK is offering users hundreds of US dollars to spend time in the app, invite friends to join and purchase products on TikTok Shop, in…
Culture
Who Owns Hulu?
Like many individuals today, you probably watch television via a streaming platform. In fact, you probably have an account for Netflix,…
News
Chinese cybersecurity firm sanctioned, employee charged by US
THE US sanctioned a Chinese company it accused of working for intelligence agencies and charged one of its employees with hacking into the…
Business
UBS reorganises US wealth management unit in growth push
UBS Group made organisational changes to its wealth-management unit in the US as it seeks to lift profitability in a market that’s central…
Business
GM to wind down robotaxi operations championed by CEO Barra
GENERAL Motors’ (GM) Cruise self-driving car unit will exit the robotaxi business, a retreat from a market that proved costly and full of…
Culture
Singapore’s new family office framework will give clarity, but may not be enough to attract more super rich
Higher disclosure requirements may push wealthy families to lighter-touch jurisdictions THE upcoming roll-out of Singapore’s single-family…
Business
What is Corporate Entrepreneurship?
Corporate entrepreneurship is when teams within a big company come up with, support, start, and run new businesses that use the company’s…
Business
Google invests in venture to build energy parks for data centres
ALPHABET’S Google is investing in mega energy parks that will generate renewable power as the company races to fuel its data centres. The…
Business
US: Wall St opens mixed, focus remains on inflation data
Wall Street’s main indexes opened mixed on Tuesday (Dec 10) ahead of a key inflation report this week that could influence the Federal…
Business
Nippon Life in talks to buy Resolution Life in deal worth US$8.2 billion
NIPPON Life Insurance is in the final stages of buyout talks with US life insurer Resolution Life Group Holdings, Resolution said on…
Business
US finalises more than US$6.1 billion chips subsidy for Micron Technology
THE US Department of Commerce has finalised a subsidy of more than US$6.1 billion for memory chip maker Micron Technology to support the…
Business
Prudential is said to consider selling stake in Eastspring
PRUDENTIAL is considering options including selling a minority stake in its asset manager Eastspring Investments to help broaden the…
Business
Fitch Ratings upgrades Astrea VI Class A-2 bonds
Ratings agency Fitch Ratings has upgraded the private equity (PE) backed Astrea VI Class A-2 bonds, part of a few tranches of Astrea bonds…
Business
Telco consolidation may not necessarily lead to recovery in mobile revenues
COMPETITION for mobile revenues among Singapore’s telcos has been intense, and it appears that prices for mobile phone plans have yet to…
Business
ECB officials to lock horns over how much cuts can boost economy
EUROPEAN Central Bank (ECB) officials agree that lower interest rates are needed to buoy the region’s shaky economy. How much they can…
Business
Keong Hong unit to sell stake in Katong Holdings for S$34.5 million
The group intends to utilise the net proceeds from the divestment for its working capital requirements and potential business opportunity…