Business
Singapore stocks track Wall Street gains; STI up 0.4%
Across the broader market, gainers outnumber losers 280 to 258, after 1.3 billion securities worth S$1.3 billion change hands Singapore…
Swedan Margen
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Business
Citigroup hires Nomura, Wells Fargo traders in foreign-exchange business push across Asia
Citigroup has hired seven personnel, including former traders from Nomura International and Wells Fargo, to boost its foreign-exchange…
Business
SoftBank’s 40% slide since October underscores mounting worry over its giant OpenAI bet
Japanese tech investor leads AI selloff amid concerns over new pressure on OpenAI after Gemini 3.0 debut Growing unease over frothy…
Business
Surgical tech firm UltraGreen.ai files for US$377.1 million IPO on SGX mainboard
It is offering 112.1 million shares at US$1.45 or S$1.892 apiece; this includes 5.9 million shares for a retail tranche in Singapore…
News
China likely to bid on building new Panama Canal ports
The Panama Canal Authority plans to award contracts for the two terminals in late 2026 and begin operations in 2029 China is among parties…
News
China buys at least 10 US soybean cargoes in new deals after Trump-Xi call: sources
China bought at least 10 cargoes of US soybeans worth around US$300 million in contracts signed since Tuesday, two traders with knowledge…
Business
RHB initiates coverage on Keppel Infrastructure Trust with ‘buy’ call
The analyst sets a target price of S$0.55 and says the trust should have a ‘modestly growing’ distribution profile RHB on Wednesday (Nov…
Fashion
Maersk sees better safety in Red Sea as it eyes eventual return
Shippers have been routing their vessels around Africa, adding thousands of miles and costs to voyages AP MOLLER-MAERSK said that the…
News
Noem gave final approval to deport Venezuelans to El Salvador despite judge's orders
Homeland Security Secretary Kristi Noem made the final decision to deport Venezuelan gang suspects to El Salvador in March despite a…
News
Trump: More Obamacare subsidies 'may be necessary to get something else done'
President Trump late Tuesday disputed reports that he wants to temporarily extend enhanced Obamacare subsidies for two years, but left the…
Fashion
The story of a K-pop fan: I spent S$2,500 to win a 1.5-minute fancall with my idol
What lengths do K-pop fans go to in order to see their idols? The Business Times looks at three scenarios of how fans engage with K-pop,…
Business
Chinese bonds see no haven demand from stock losses on PBOC bets
The central bank’s reluctance to ease its policy further remains the core issue weighing on the debt market China’s stock and bond markets…
Business
Gold drifts higher on US rate cut expectations
Markets are pricing in an 84% chance of a Fed rate cut next month, compared to 50% last week, according to CME Group data Gold prices…
Business
Brookfield, GIC to weigh buyout of National Storage Reit: sources
The volume of mergers and acquisitions involving Australian companies as either targets or sellers has fallen to around US$70 billion this…
Business
Brookfield, GIC bid for National Storage in A$4 billion deal
The Sydney-listed company operates more than 270 storage centres across Australia and New Zealand — Brookfield Asset Management and…
News
Can a California Billionaire Spend His Way into the Governor’s Mansion?
Tom Steyer wants to turn the state further to the left. Source link
Culture
Warner Bros to ask bidders to submit sweetened offers
Warner Bros Discovery, the parent of HBO and CNN, has asked potential buyers to submit new, sweetened offers after receiving an initial…
Fashion
Warner Music Group settles lawsuit with AI firm Suno
Warner Music Group on Tuesday announced a partnership with AI business Suno that will compensate music artists and songwriters, ending a…
News
What's in the GOP's plan for government-funded, tax-exempt HSA -- and why Democrats don't like it
Congressional Republicans are eying tax-exempt Health Savings Accounts as their preferred vehicle to deliver on President Trump's call to…
Business
Apple set to become world’s top phone maker, overtaking Samsung
The upcoming 2026 debut of a foldable iPhone and a budget-friendly iPhone 17e will both help sales Apple will retake its crown as the…
Business
Gambling, prediction markets create new credit risks, Bank of America warns
The bank says that there are already worrisome signs in some indicators of consumer stress, citing a US News survey Bank of America (BOA)…
News
Health care plan circulated by the White House runs into familiar GOP divisions
A health care proposal circulated by the White House in recent days is running into the reality of Republican divisions on the issue - a…
Business
Crypto crash weighs on US IPOs as candidates push out timing
The 14-day average trading volume in Bitcoin this month hit its highest level since March Returns from new US listings have waned…
News
Treasury Secretary Bessent says NYC mayor-elect Zohran Mamdani is leader of Democratic Party
Treasury Secretary Scott Bessent said New York City mayor-elect Zohran Mamdani, a self-proclaimed Democratic socialist, is the clear head…