Business
Amazon in talks to invest in OpenAI, source says
AMAZON is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence…
Section
Business
Business
Drmtlgy Joins Ulta Beauty’s Roster
Ulta Beauty is continuing to ride the dermatological skin care boom, adding Drmtlgy to its assortment. Beginning Dec. 26, the skin care…
Business
Chip-sector linchpin Resonac seeks to tap China’s AI ambitions
Japan is home to a network of little-known companies that dominate in key materials that are indispensable for semiconductor manufacturing…
Business
Quadria Capital expands into the Middle East with new Dubai office
Healthcare-focused private equity firm Quadria Capital has expanded into the Middle East with a new Dubai office. This comes on the back…
Business
S&P Global shifts Genting companies’ outlook to negative on weaker credit quality forecasts
Group capital expenditure could double in 2026, with earnings ‘unlikely’ to keep pace S&P Global Ratings revised its outlook for the…
Business
Asian markets drift as US jobs data fails to boost rate cut hopes
ASIAN equities fluctuated on Wednesday as mixed US jobs data did little to boost expectations for another interest rate cut next month,…
Business
Visa offers stablecoin settlement for US banks using Circle’s USDC
Visa is opening its US network to stablecoin settlement, expanding crypto-linked products and services enabled by the relaxed regulatory…
Business
Tada commits S$1 million to put brakes on high-commission models
The initiative aims to reverse falling driver earnings and rising ride-hail prices Ride-hailing platform Tada has set its sights on its…
Business
Tada commits S$1 million to put brakes on high-commission ride-hailing models
The initiative aims to reverse falling driver earnings and rising ride-hail prices Ride-hailing platform Tada is challenging rivals such…
Business
Japan’s Mizuho to buy majority of India’s Avendus from KKR for up to 81 billion yen
Japan’s Mizuho Securities on Wednesday (Dec 17) said that it will buy a majority stake in Indian investment bank Avendus from US…
Business
Bessent sees one or two more Fed chair interviews this week
Trump is slated to interview the central bank governor Chris Waller on Dec 17 for the chair job Treasury Secretary Scott Bessent said…
Business
Stocks to watch: Keppel, Keppel DC Reit, CICT, SingLand, UOL, Jardine C&C, F&N, Suntec Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 17): Keppel, Keppel DC Reit:…
Business
Australia v England: Ashes third Test, day one – live
Key events Show key events only Please turn on JavaScript to use this feature 11th over: Australia 37-2 (Labuschagne 1, Khawaja 3) Tongue…
Business
SBI Shinsei Bank to debut after second-biggest Japan IPO of 2025
SBI Shinsei Bank will start trading in Tokyo on Wednesday after raising 322 billion yen (S$2.7 billion) in Japan’s second-biggest initial…
Business
Robinhood knows you want to bet on everything
Robinhood is betting that its customers want to trade on absolutely everything. On Tuesday, the popular stock-trading app unveiled a slate…
Business
The Ashes 2025-26: Australia's Steve Smith ruled out of third Test in Adelaide through illness
Australia batter Steve Smith was ruled out on the morning of the crucial third Ashes Test against England and replaced by Usman Khawaja.…
Business
China chipmaker MetaX debuts after wildly oversubscribed IPO
CHINA will have another major chip debut on Wednesday (Dec 17), eagerly watched by stock-market investors after the stellar gains by its…
Business
RBNZ expects new bank capital requirements to lower rates
New Zealand’s central bank is reducing capital requirements for lenders and expects that to benefit consumers through lower interest rates…
Business
Von Maur Department Stores Entering New Jersey
Von Maur, the privately owed, family-run department store chain, plans to open an anchor store at the Freehold Raceway Mall in Freehold,…
Business
Scripps Rejects Sinclair’s Unsolicited Acquisition Offer
The board of E.W. Scripps Co. unanimously rejected the unsolicited acquisition proposal submitted by Sinclair, the second-biggest U.S. TV…
Business
US stocks ends mixed after paring earlier losses
WALL Street’s main indexes pared some losses on Tuesday afternoon with the Nasdaq closing up, and the S&P 500 and the Dow closing lower,…
Business
The data’s in: And it says the job market is still rough
The latest employment numbers have dropped—and the job market still looks tough for workers. Today’s jobs report shares data from…
Business
Kraft Heinz gets a new CEO ahead of company split: Can Steve Cahillane turn around the ailing food giant?
Kraft Heinz announced on Tuesday that new CEO Steve Cahillane will join the food giant to help steer its split into two companies. The…
Business
Nike Cofounder Phil Knight Takes Top Philanthropist Spot of 2025 With Record $2 Billion Donation
Nike co-founder Phil Knight was the top charitable donor of 2025, according to new research from The Chronicle of Philanthropy. In its…