Business
Bank Indonesia ready to stabilise rupiah as Trump leads
BANK Indonesia (BI) said it stands ready to act to steady the rupiah from excessive volatility as Donald Trump’s early lead in the US…
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
Brookfield in talks with banks to refinance Shanghai towers
BROOKFIELD Asset Management is in talks with banks to refinance a loan that had backed its purchase of a Shanghai-based office tower…
Business
Nintendo’s next console will play current Switch games
NINTENDO said its next console will be compatible with current Switch games, allaying fears about the company’s ability to ride on the…
Business
Bitcoin adds to biggest gain in a week as traders watch US election
BITCOIN added to its biggest gain in a week as traders around the world watched results trickle in from a US presidential election that…
Business
Bitcoin leaps to record high as traders lean towards Trump victory
BITCOIN surged to a record high in Asian trade as investors leaned towards Donald Trump winning the US presidential election. The world’s…
Business
Singapore shares open higher on Wednesday; STI up 0.5%
SINGAPORE shares began Wednesday (Nov 6) trading in positive territory, mirroring overnight gains in markets abroad. As at 9.01 am, the…
Business
HSBC already fears new downsized London HQ will prove too small
HSBC Holdings is still two years away from a planned move to a smaller City of London headquarters, but executives are already concerned…
Business
Return-to-office debate: Amazon CEO denies full in-office mandate is ‘backdoor layoff’
AMAZON CEO Andy Jassy said at an all-hands meeting on Tuesday (Nov 5) that the plan to require employees to be in-office five days per…
Business
SingPost’s H1 profit rises 97.3% to S$22.6 million; declares S$0.0034 per share interim dividend
SINGPOST’S net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This represented a 97.3 per…
Business
Stocks to watch: Singtel, Prudential, Singapore Airlines Engineering Company, CapitaLand Investment, SingPost
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 6): Singtel: A China…
Business
PBOC head vows to boost China countercyclical monetary measures
CHINA’S central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical adjustments…
Business
Apple to face first EU fine under bloc’s Digital Markets Act
APPLE is set to face the first-ever fine under the European Union’s new digital antitrust rules for Big Tech, representing an escalation…
Business
Emerging trends in accounting with AI and ESG
The accounting profession is undergoing significant transformation driven by the rise of artificial intelligence (AI) and growing emphasis…
Business
European banks’ commercial real estate exposures ‘visibly deteriorating,’ ECB finds
BANKS in the euro region have about 1.3 trillion euros (US$1.4 billion) in outstanding loans to commercial real estate investors and…
Business
Yum Brands reports surprise fall in global sales amid KFC’s struggles in US
YUM Brands reported a surprise fall in worldwide same-store sales on Tuesday (Nov 5) as its KFC chain grapples with sluggish demand in the…
Business
Apollo assets reach US$733 billion with boost from wealth clients
APOLLO Global Management’s push to target wealthy individuals helped boost the firm’s assets under management to US$733 billion, a 16 per…
Business
Tax fraud investigators search Netflix offices in Paris and Amsterdam: source
INVESTIGATORS searched the offices of US streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into…
Business
Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season
SANTA Claus is not delivering as many Christmas trees, toys and decorations to the US this year as in recent years, import data shows,…
Culture
Pacific International Lines adds five more LNG dual-fuel vessels in latest renewal process
SINGAPORE container carrier Pacific International Lines (PIL) is accelerating the renewal of its fleet with an order for another five…
Business
Tesla increases wages for staff at German gigafactory by 4%
TESLA has raised the wages of all employees at its German gigafactory outside Berlin by 4 per cent since the start of November, the US…
Business
SIA Engineering Q2 profit up 10.2% to S$35.6 million; declares S$0.02 dividend per share
AIRCRAFT maintenance provider SIA Engineering (SIAEC) on Tuesday (Nov 5) reported a net profit of S$35.6 million for the quarter ended Sep…
Business
Singapore stocks up ahead of US polls; STI continues edging up
THE Straits Times Index (STI) edged up on Tuesday (Nov 5), as regional indices closed up ahead of Americans going to the polls to elect…
Business
IPhone maker Hon Hai’s October sales growth slows on weak demand
It has raised concerns about demand momentum for both AI infrastructure and iPhones Apple’s major manufacturing partner Hon Hai Precision…
Business
Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Saudi oil giant Aramco on Tuesday (Nov 5) reported a 15.4 per cent drop in third-quarter profit due to lower crude prices and weaker…