Business
UWCL goals of the week: Lucy Bronze’s ‘beautiful’ chip features
Strikes from Lucy Bronze, Linda Caicedo and Melchie Dumornay all feature in the best goals of the week from the Women's Champions League.…
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Business
Business
Foxconn to invest US$510 million in Kaohsiung headquarters in Taiwan
Foxconn, the world’s largest contract electronics maker, said on Friday (Dec 12) it will invest US$509.94 million to build its Kaohsiung…
Business
December cut to UK interest rates ‘nailed on’ after economy shrinks unexpectedly in October – business live
UK economy SHRANK in October Newsflash: Britain’s economy shrank unexpectedly in October, as the budget cast a shadow of uncertainty over…
Business
Ringgit hits three-year high against Singdollar, four-year high versus greenback
The ringgit hit a three-year high against the Singapore dollar and a four-year high against the US dollar this week, as optimism around…
Business
Malaysian ringgit hits highest in four years on growth optimism
It rose 0.3% versus the greenback to 4.0955 on Friday, the highest since May 2021 The Malaysian ringgit reached the strongest level…
Business
Sumitomo to put US$1.3 billion into India renewable power projects
Sumitomo Corp will invest US$1.3 billion on several Indian renewable power projects, to take advantage of rapid growth in demand from…
Business
Gold clings to 7-week high as investors gauge Fed trajectory; silver near record peak
GOLD prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the US Federal…
Business
Karl Lagerfeld Signs Deal for Residences on Al Marjan Island
The Karl Lagerfeld fashion house is on a roll with branded residential projects. On Friday, it revealed a partnership with Dubai-based…
Business
Seatrium back on track with estimated S$2 billion TenneT order: analysts
Analysts were positive on Seatrium’s latest contract win, stating that the marine engineering company was back on track in terms of its…
Business
Asian markets track Wall Street record after Fed cut
ASIAN equities rose on Friday as investors tracked a record day on Wall Street in the wake of the Federal Reserve’s latest interest rate…
Business
Philippine central bank chief tempers hawkish view, sees one more cut
PHILIPPINE central bank Governor Eli Remolona said monetary authorities may cut the benchmark interest rate one more time in the current…
Business
SoftBank eyes data centre group switch as Son hunts for AI
SOFTBANK Group is studying potential acquisitions including data centre operator Switch Inc., as billionaire founder Masayoshi Son ramps…
Business
Hongkong Land shares jump 5.5% on news of S$8 billion real estate fund
Shares of Hong Kong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay,…
Business
Hongkong Land shares close 3.5% down following news of S$8 billion real estate fund
Shares of Hongkong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay,…
Business
Celtic: Does Wilfried Nancy 'know what he's walked in to' amid horror start?
As the players walked out at a packed Celtic Park, and a stirring rendition of You'll Never Walk Alone echoed around the stadium, the…
Business
How 'entrepreneurs' are fuelling the UK's shoplifting problem
Jim Connollyand Cherry Wilson Behind the counter of his convenience store, surrounded by rows of crisps, sandwiches and spirits, Muhammed…
Business
Hongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore real estate fund
New fund will be Singapore’s biggest private real estate fund and is part of group’s aim to grow its AUM to US$100 billion by 2035…
Business
Hongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore private fund
New fund will be Singapore’s biggest private real estate fund; move follows divestments of other major assets Following the sale of its…
Business
Stocks to watch: Sembcorp, CDL, UOL, GuocoLand, Seatrium, Singtel, Hongkong Land
The following companies saw new developments that may affect trading of their securities on Friday (Dec 12): Sembcorp Industries: The…
Business
Sembcorp’s Alinta Energy buy: One step forward on earnings, two steps back on emissions?
Sembcorp says the acquisition is driven by Alinta’s renewables pivot, not its Loy Yang B coal-fired power station Sembcorp Industries’…
Business
Lululemon CEO McDonald to step down, shares rise 10%
LULULEMON Athletica said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast,…
Business
TerraUSD creator Do Kwon sentenced to 15 years over US$40 billion crypto collapse
Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud Do Kwon, the South Korean cryptocurrency entrepreneur…
Business
OpenAI beefs up GPT models in AI race with Google
OPENAI released its latest artificial intelligence models on Thursday, shrugging off worries about how it will cash in on massive spending…
Business
WSL: Aston Villa defeat 'a reality check', says under-pressure Liverpool boss Gareth Taylor
Under-pressure Liverpool manager Gareth Taylor says his side have had a "real reality check" as their winless start to the Women's Super…