Business
Patients warned to expect disruption as doctor strike begins
Nick Triggle,Health correspondentand Jim Reed,Health reporter Patients are being told to expect disruption as doctors start their five-day…
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Business
Business
Volkswagen budget cuts force battery unit to seek external funds
PowerCo is considering bank loans, external investors and a potential public offering Volkswagen’s battery business is being forced to…
Business
Ford cancels EV battery deal worth 9.6 trillion won with South Korea’s LG Energy Solution
South Korea’s LG Energy Solution said on Wednesday (Dec 17) that Ford Motor has terminated an electric vehicle (EV) battery-supply deal…
Business
Singapore stocks slip despite improved 2026 growth outlook; STI down 0.1%
Singapore stocks ended lower on Wednesday (Dec 17), even as private-sector economists turned more optimistic about the Republic’s growth…
Business
Ashes 2025-26: Australia's Alex Carey says he thought he edged ball
Australia wicketkeeper Alex Carey said he thought he edged the ball when he was given not out on review during day one of the third Ashes…
Business
South Korea central bank sees upside inflation risk with a weaker won
South Korea’s central bank said on Wednesday (Dec 17) that headline inflation in 2026 could exceed earlier forecasts, if the won stays at…
Business
Warburg Pincus to invest up to US$1 billion in corporate services firm Acclime
The private equity firm beat rival firms Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg…
Business
Warburg Pincus invests in corporate services firm Acclime, valuing it at US$1 billion
The private equity firm beat rivals Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg Pincus…
Business
Hong Kong’s financial resurgence fuelled by surge of offshore wealth
Strong net fund inflows of HK$7 trillion brought the city’s managed assets back up to HK$35.1 trillion at the end of 2024 The turnaround…
Business
Thai central bank cuts policy rate by 25 bps, as expected
The reduction is the fifth since October 2024, with rates down by a total of 125 basis points Thailand’s central bank cut its key interest…
Business
Bank Indonesia keeps rates steady, focuses on rupiah stability
The bank also leaves its deposit and lending rates unchanged at 3.75% and 5.50%, respectively Indonesia’s central bank held its policy…
Business
Top Glove Q1 profit surges more than 600% as costs fall
The glove maker reports a drop in operating expenses to RM842.9 million for the quarter Malaysian glove maker Top Glove on Wednesday (Dec…
Business
Gold could hit US$5,000 an ounce in 2026 if risk hedging persists: market watchers
Returns are expected to moderate for the precious metal in the new year, say analysts Gold has surged more than 60 per cent since the…
Business
Top Hong Kong crypto exchange HashKey makes market debut
Hong Kong’s biggest licenced cryptocurrency exchange began trading on Wednesday (Dec 17) as the city pushes to become a global hub for the…
Business
Hans Patuwo gets GoTo shareholders’ nod as CEO amid investor push for Grab deal
Shareholders of Indonesia’s digital giant GoTo Group have approved the appointment of Hans Patuwo as president director and chief…
Business
Apollo weighs potential US$12 billion sale of Atlas Air
Apollo Global Management is exploring a potential sale of its aviation company Atlas Air Worldwide Holdings, according to sources familiar…
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…
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…