Business
Gold price climbs above $4,400 to hit record high
The gold price has hit another record high, trading above $4,400 (£3,275) an ounce for the first time. The price of the precious metal has…
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Business
Business
Chinese AI firm MiniMax to launch Hong Kong IPO in early January
The firm develops multimodal AI models which can process text, audio, images, video and music Chinese artificial intelligence (AI) firm…
Business
Singapore stocks edge higher, tracking regional bourses; STI up 0.9%
Local shares closed higher on Monday (Dec 22), tracking regional bourses. The benchmark Straits Times Index (STI) rose 0.9 per cent or…
Business
Epidural kit shortage could last until March,officials say
A shortage of epidural kits in the UK is expected to last until at least March, officials have warned. Healthcare providers received a…
Business
This company is developing gene therapies for muscle growth, erectile dysfunction, and “radical longevity”
It’s debatable whether healthy people should be exposed to these risks, says Fernandez Lynch. The technology “still has serious questions…
Business
SingPost’s 2024 fraud incident allegedly involved e-commerce shipments bound for Canada
More details have emerged about Singapore Post’s (SingPost) parcel delivery fraud incident that came to light in 2024. The Business Times…
Business
China’s power reforms, global data centre buildout usher in battery boom
A revamp of China’s electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for…
Business
Tech is not the sexy job it used to be
In November, Apple laid off dozens of sales employees in a rather unexpected move for the tech giant. Apple is the rare tech company that…
Business
PDC World Championship 2026: Paul Lim, 71, on being oldest winner, darts in Asia and facing Luke Humphries
Lim met Englishman Humphries in the first round of the 2021 World Championship and, on that occasion, Lim was a 3-2 winner. The odds of a…
Business
China to scrub small overdue debts from credit records to help spur lending
China’s central bank on Monday unveiled a one-off credit repair scheme to allow overdue personal debts of up to 10,000 yuan (S$1,835)…
Business
De Beers CEO Emmanuelle Nodale on Shifting the Diamond Paradigm
At the WWD x SJ Global Fashion and Business Conference in Hong Kong, Emmanuelle Nodale, chief executive officer of De Beers London, shared…
Business
Uber teams up with Baidu to start robotaxi trials in UK
Global robotaxi rollouts are accelerating, with Chinese companies and Alphabet’s Waymo leading the charge Uber Technologies said that it’s…
Business
AI, liquidity to drive Asia markets in 2026 amid US fiscal risks: Schroders
The technology sector remains the cornerstone of Schroders’ bullish thesis for the region In 2025, US fiscal and geopolitical headwinds…
Business
Asia: Markets rally with Wall Street as rate hopes rise, AI fears ease
ASIAN markets rallied on Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts, while…
Business
From Amazon to DBS: AI is driving the thousands of pink slips being issued to staff
The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of jobs have or will be axed by…
Business
From Amazon to DBS: AI is driving thousands of job cuts worldwide
Global banks alone will cut as many as 200,000 jobs in the next three to five years The global march of artificial intelligence (AI)…
Business
Uniqlo’s owner boosts new graduate pay as Japan faces inflation
UNIQLO owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12 per cent, stepping up efforts to secure…
Business
Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
Spot gold surged to a record high of US$4,383.73 per ounce on Monday, lifted by expectations of further US Federal Reserve rate cuts after…
Business
Gold, silver hit record highs on Fed rate-cut bets
Gold and silver hit record highs on Monday (Dec 22) as softer US labour data and a tame inflation reading fuelled bets the Federal Reserve…
Business
Gold smashes past US$4,400, silver hits record as rate cut bets fuel rally
Bullion has surged nearly 68% this year, marking its biggest annual rise since 1979 Gold crossed the US$4,400-per-ounce level for the…
Business
China consumer shares hit record losing streak on weak demand
Chinese consumer stocks are headed for their longest-ever stretch of annual underperformance, and analysts expect the trajectory to…
Business
CNMC Goldmine shares fall 1.8% on extra tax, penalty in Malaysia
Shares of Catalist-listed CNMC Goldmine fell as much as 7.3 per cent on Monday (Dec 22) as investors reacted to its Malaysian unit facing…
Business
Li Ka-shing is remaking his empire as a generational shift looms
Li Ka-shing and his family set in motion a series of deals this year that stand to completely transform his business empire. The Hong Kong…
Business
How UOB’s Wee Ee Cheong masters the long game
WEE Ee Cheong, the third-generation UOB chief, recently posed a question to AI: what will UOB’s market capitalisation be in ten years? The…