Business
JTC, NUS to explore setting up new facility on Jurong Island to test green data centre innovations
Separately, refiner Aster will invest US$150 million in a new gas turbine, and inks deal to produce low-carbon hydrogen Industrial…
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Business
Business
Singapore stocks rise amid mixed regional trading; STI up 0.6%
Across the broader market, gainers outnumber losers 336 to 238 after 2.1 billion securities worth S$3.2 billion change hands Singapore…
Business
The Ashes: England will not send first-choice batters to pink-ball tour game
In addition, the Lions match would have offered time using the pink ball, with England due to play a rare day-night Test. England have…
Business
Revolut’s valuation hits US$75 million as it completes fundraising
Digital bank Revolut has concluded fundraising – comprising secondary share sales for employees and fresh capital – bringing its valuation…
Business
Revolut’s valuation hits US$75 billion as it completes fundraising
Digital bank Revolut has concluded fundraising – comprising secondary share sales for employees and fresh capital – bringing its valuation…
Business
Rupee gains as RBI returns to defend currency after slump
INDIA’S rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop last Friday when…
Business
DBS said to revise Alliance Bank offer proposal to 30% stake
It made the decision after failing to get approval for its initial request to buy as much as 49% Singapore’s biggest bank has withdrawn an…
Business
Why Newcastle, Real Madrid, PSG, Milan, Lazio and more are meeting on a park in London
"There are loads of people in London, but it can feel like a lonely place," explains Kieran Duff on the stroll through Russell Square,…
Business
Closing the wealth gap: The solution is hiding in plain sight
When an X user recently pointed out the eye-popping increase in billionaires’ wealth since 2015, entrepreneur Mark Cuban, a billionaire…
Business
Dubai property frenzy sets developers on a US$6 billion debt spree
From Islamic bonds to private credit, they ride one of the Gulf country’s longest real estate booms in years Property developers in the…
Business
Thailand eyes tougher gold-trade rules after baht swings
Thailand’s central bank plans to tighten reporting rules for gold transactions after rising bullion flows contributed to swings in the…
Business
Alibaba’s main AI app debuts strongly in effort to rival ChatGPT
The Chinese e-commerce leader’s Qwen is among the faster risers, particularly in China Alibaba Group Holding’s Qwen app drew more than 10…
Business
Fossil CEO Franco Fogliato Hits the Next Stage of the Watchmaker’s Turnaround
Franco Fogliato is finally ready to have some fun at Fossil Inc. The chief executive officer — who joined the watchmaker from sports…
Business
Consistency, Authenticity Key to Execution According to Giacomo Milano and Canali
Landmark institutions and storied family brands can evolve and branch out successfully as long as they stay true to their founding values.…
Business
Singapore court clears way for US$2.7 billion suit against Stanchart in 1MDB scandal-linked claim
Claims involve alleged US$150 million deposit to Najib Razak and US$77 million for Rosmah’s bags and jewellery The Singapore High Court…
Business
Indian central bank likely intervenes to prop up rupee before local market open, traders say
The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told…
Business
Asia: Stocks rise as US rate hopes soothe nerves after torrid week
ASIAN markets mostly rose on Monday as fresh hopes for a US interest rate cut provided some calm after last week’s rollercoaster ride…
Business
Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say
China’s imports from Malaysia have almost halved since July from this year’s peak in March at 8.5 million tonnes China is importing…
Business
Owning luxury hotels is tough; long term rewards await patient capital
Jardine Matheson and Frasers Property could gain from hotel ownership over the long term The prestige associated with owning luxury hotels…
Business
Lenovo stockpiling PC memory due to ‘unprecedented’ AI squeeze
The company will aim to avoid passing on rising costs to its customers in the current quarter, as it wants to sustain this year’s strong…
Business
Fighting scams: OCBC rolls out free in-app calls for all customers
Bank says business and retail customers currently make over 8,000 calls to the bank each month while overseas OCBC said on Monday (Nov 24)…
Business
Three companies picked to supply methanol at Singapore port in drive to be sustainable bunkering hub
Global Energy Trading, Golden Island and PetroChina issued licences to supply methanol as marine fuel The Maritime and Port Authority of…
Business
Gold dips as US dollar firms on reduced rate-cut prospects
The precious metal, a non-yielding asset, tends to do well in low-interest-rate environments Gold prices dipped on Monday (Nov 24),…
Business
Princess of Wales calls for end to 'stigma' around addiction
Noor NanjiCulture reporter The Princess of Wales has called for an end to the "stigma" surrounding addiction, and urged people to offer…