Business
Indonesia assigns US$1 billion to Brics-led New Development Bank
Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations. The…
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Business
Business
Aletheia Capital downgrades Wilmar to ‘sell’, cuts target to S$2.50 on legal woes
Aletheia Capital has lowered its rating on Wilmar International from “buy” to “sell” on the belief that the agribusiness group’s recent…
Business
Asian markets rise as US rate cut bets temper Japan bond unease
Stocks rose on Tuesday (Dec 2) following the previous day’s stutter as more weak US data helped solidify US interest rate cut optimism and…
Business
Bukit Sembawang Estates a ‘potential dividend powerhouse’: DBS
Bukit Sembawang Estates has been identified as a “potential dividend powerhouse” by DBS Group Research, which sees the possibility of a…
Business
Intel to invest additional RM860 million in Malaysia, PM says
Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in…
Business
Genting Malaysia to stay listed after privatisation bid flops
Genting Malaysia will remain listed after Genting said that it secured a 73.13 per cent stake in its offer to take its Malaysian unit…
Business
Genting’s New York casino licence buffers risks in Malaysia
The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds Genting Group won a coveted New York…
Business
Samsung debuts its first trifold months ahead of folding iPhone
The company has outfitted the TriFold with its suite of Galaxy AI software features Samsung Electronics unveiled its first so-called…
Business
Ad giant Omnicom to cut over 4,000 jobs, fold legacy brands after IPG takeover
The advertising industry faces a serious threat as artificial intelligence reshapes creative production and tech giants Omnicom said on…
Business
Gold edges lower as investors book profits
US rate futures are pricing in an 88% chance of a rate cut in December, according to the CME’s FedWatch tool Gold edged lower in early…
Business
Danantara’s US$1.4 billion Garuda play emerges as key reform test
The 76-year-old airline is a major employer and a key mode of transport for the country Indonesian sovereign wealth fund Danantara’s…
Business
BBC Sound of 2026 shortlist: 10 acts you'll be obsessed with next year
The soundtrack to the next 12 months will match cutting-edge pop with jangly guitar anthems. That's according to the shortlist for BBC…
Business
3 lessons for leading through uncertainty
If my three-decade journey in the corporate world has taught me anything, it’s that in business, as in life, the only certainty is…
Business
OBR head's resignation leaves potential landmines for Reeves
The shock resignation came for a very specific reason, but the OBR saga will continue with a series of decisions the chancellor will have…
Business
Stocks to watch: UOB, Nio, Sanli
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 2): UOB: The bank announced on…
Business
Singapore’s YouTrip enters Australian market
Singapore-based multi-currency wallet YouTrip has launched operations in Australia, marking the fintech company’s first geographic…
Business
The hidden costs of getting climate innovation wrong
Why do some climate innovations fail to deliver? Not because they’re flawed, but because the business world misjudges their economics.…
Business
JAFF Market 2025 Unveils Award Winners, Reveals $7.8 Million Economic Impact
Indonesia’s JAFF Market 2025 concluded with the announcement of industry awards and development grants supporting Indonesian film…
Business
The 10 Beauty Brands That Won Black Friday on Amazon
The winners of Amazon’s 12-day “Black November” holiday sales promotion have emerged. K-beauty brand Medicube took the top spot,…
Business
Wall Street ends lower as yields climb; crypto stocks drop
The crypto market has lost more than US$1 trillion in value since hitting a record of around US$4.3 trillion, according to CoinGecko US…
Business
European shares kick off December on negative note; Airbus slides
European shares ended lower on Monday (Dec 1), with defence and Airbus-led industrial stocks weighing heavily on the main index, kicking…
Business
The hidden cost of cloud centralization
When AWS’s US-East-1 region went dark in late October, followed just a week later by a Microsoft Azure outage, it was yet another stark…
Business
Kash Patel Is Under Investigation for Using FBI Jet as Private Uber
Kash Patel is in hot water for joyriding on the FBI’s dime. Top Democrats on the House Judiciary Committee on Monday opened an…