Business
State & Liberty Celebrates 10 Years, Looks to Future
Lee Moffie realized pretty early that although he was a good hockey player — good enough to be team captain on the University of Michigan…
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Business
Business
US: Wall St opens higher as December rate cut bets strengthen
Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by the Federal Reserve in…
Business
Infinity Development aims to raise net proceeds of S$11.1 million in Catalist IPO
The adhesive manufacturer will use the bulk of the net proceeds, or S$6.2 million, towards expanding in overseas markets Hong Kong-based…
Business
Stock market today: AI bubble fears, rate cut probability whipsaw ‘Mag 7’ tech giants. Here’s the latest
Thursday, November 20, ended up being a bit of a whirlwind for tech investors. The day started off on a positive note, with Nvidia’s…
Business
Bitcoin crash continues as ‘fear and greed’ index hits historic lows. What’s happening with crypto now?
Bitcoin is having a horrible week. Until yesterday, the cryptocurrency had declined by roughly 2.5% over the preceding five days. But in…
Business
Ex-Lloyd’s CEO lost US$17 million AIG job after office romance
American International Group’s announcement last week that it was parting ways with incoming President John Neal stunned insurance…
Business
HSBC’s Swiss private bank boosts some bankers pay to stem exits
The Swiss arm has been increasing compensation of staff, including relationship managers HSBC Holdings’ Swiss private bank is boosting the…
Business
Creative Technology interim CEO and executive chairman Tan Jok Tin to step down in Jan 2026
Tan has been in the interim role since July, when Freddy Sim stepped down as chief for health reasons Creative Technology on Friday (Nov…
Business
Jardine Matheson’s Q3 performance ‘in line with expectations’
Hong Kong-based conglomerate Jardine Matheson said in a bourse filing on Friday (Nov 21) that its performance for the third quarter of…
Business
Deutsche Bank’s DWS cuts Asia private credit team in shift: sources
Despite Asia credit pullback, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset management arm of…
Business
Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset…
Business
Mandarin Oriental posts ‘stable’ underlying net profit for Q3
Hotel group Mandarin Oriental, which is undergoing a privatisation bid from its majority shareholder Jardine Matheson, posted a “stable”…
Business
VinFast’s quarterly loss widens on hefty spending
The company signed two loan facilities during the quarter, totaling US$250 million — Vietnam’s VinFast reported a bigger third-quarter net…
Business
Vietnam Launches Campaign to Strengthen its Footprint in Global Tourism Market
The northern province of Vietnam's Ninh Binh hosted a conference on national tourism promotion for 2026 with the goal of boosting…
Business
Google is spending $40 billion to build 3 new data centers in Texas
Google has 44 data centers in operation or in development around the world, but as demand for AI and the need for compute capacity grows,…
Business
Trump’s Polls Are Tumbling. So Is the Stock Market. Coincidence?
It would be difficult to dispute that the economy has stumbled on Trump’s watch. Inflation started rising immediately after Trump…
Business
Foxconn-Nvidia US$1.4 billion Taiwan supercomputing cluster to be ready by H1 2026, Foxconn says
The Apple’s top iPhone assembler has been expanding beyond electronics into electric vehicles and AI data centres Foxconn said on Friday…
Business
Indian rupee slides to record low, central bank likely intervenes near 89.50/USD
The Indian rupee weakened to a lifetime low against the greenback on Friday (Nov 21), pressured by shrinking risk appetite amid fading…
Business
Changi Airport October passenger traffic rises 3.4% to 5.8 million
Changi Airport on Friday (Nov 21) reported a 3.4 per cent year-on-year increase in passenger traffic in October. Passenger traffic came in…
Business
Japanese logistics firm Nippon Express expands footprint in Singapore
Move enables it to meet increasing demand for logistics services amid development of the Johor-Singapore Special Economic Zone Logistics…
Business
Singapore stocks track regional declines on Friday; STI down 1%
On the STI, Sembcorp Industries is the biggest loser, falling 3.6% or S$0.23 to S$6.08 Local stocks ended lower on Friday (Nov 21),…
Business
Asia tech rout resumes as stocks slide on AI valuation fears
ASIA’S tech-heavy markets slumped as sell-offs in sector leaders resumed on mounting concerns over stretched artificial intelligence…
Business
Founder of India’s top broker Groww joins billionaire financial elites
Keshre is the twelfth billionaire to emerge from India’s financial services industry in recent years The initial public offering of Groww,…
Business
Intel CEO Tan Lip-Bu denies claims new hire stole TSMC trade secrets
The executive is alleged to have taken proprietary knowhow from his former employer just before his departure Intel chief executive…