Business
Moody’s downgrades StanChart from ‘positive’ to ‘stable’
The move is in line with revisions to the rating agency’s credit assessment methodology for banks Credit rating agency Moody’s Ratings, on…
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Business
Business
US: Wall Street opens higher on Fed interest rate-cut expectations
Wall Street’s main indexes opened higher on Monday (Nov 24), buoyed by expectations of an imminent Federal Reserve interest rate cut in…
Business
Value City and American Signature Furniture are closing stores in bankruptcy: See list of locations
Another home furnishings retail chain has sought Chapter 11 bankruptcy protection as it deals with higher costs, reduced sales, a downturn…
Business
Covid inquiry hears impact on firms and staff
Ben KingBusiness reporter Workers and business leaders have told the Covid-19 inquiry about the devastation they faced during the pandemic…
Business
Wee Hur Holdings prices S$30 million notes due 2030 at 4.8%
Property developer Wee Hur on Monday (Nov 24) launched and priced S$30 million worth of fixed-rate notes due in 2030 at 4.8 per cent.…
Business
Saudi Aramco weighs raising billions of dollars from its biggest disposals yet
Saudi Aramco is considering plans to raise billions of dollars by selling a range of assets, people familiar with the matter said, deals…
Business
This CEO just sold his company for $21 billion. It wouldn’t have happened without federally funded research
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter…
Business
Why the urge to persuade can undermine your idea for change
Every good salesperson knows the 7-step process in which you identify and qualify a prospect to understand their needs, then present your…
Business
Zegna Group Reveals Succession Plan
MILAN – In a surprise move, the Ermenegildo Zegna Group on Monday revealed its succession plan, effective Jan. 1. Gildo Zegna, chairman…
Business
Amid AI frenzy, concerns mount over sustainability of equity rally as valuations continue to soar
The bulls say the AI boom is unlike the dotcom boom in that the main players this time are extremely profitable giants such as Microsoft,…
Business
China's Unipec agrees to jet fuel term supply deal with Lufthansa
China’s state oil trader Unipec, a vehicle of refining giant Sinopec Corp, has signed a term deal to supply about 60,000 metric tons of…
Business
Budget 2025: What can nervous businesses expect from the Budget?
Simon JackBusiness editor Business leaders face a nervous final few days before the chancellor's second Budget, having borne the brunt of…
Business
Baltic Projects to Watch Shed Light on Global Issues That Are ‘Painfully Relevant’
From ambitious dramas to a TV series inspired by the Danske Bank scandal, Baltic projects look for inspiration in the most unusual places.…
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…
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…