Business
China’s central bank to maintain accommodative policy as challenges persist
It will keep liquidity ample, keep prices reasonable, and lower the costs of banks’ liability and social financing China’s central bank…
Section
Business
Business
Stoneweg Europe Stapled Trust divests Slovakia portfolio for 70 million euros
This comes as it focuses on Western European markets with ‘deeper liquidity and stronger tenant demand’ Stoneweg Europe Stapled Trust…
Business
Ashes - England v Australia: Marcus Trescothick backs Joe Root to score century down under
England coach Marcus Trescothick says he has full confidence in Joe Root to perform against Australia in the Ashes, despite the fact the…
Business
BYD aims to sell up to 1.6 million vehicles abroad in 2026, Citi says
Chinese electric vehicle maker BYD aims to sell up to 1.6 million vehicles abroad next year, doubling down on overseas expansions with…
Business
Toyota's buyout of group firm faces new obstacle after Elliott takes stake
Elliott said the proposed deal undervalued the company, lacked transparency and fell short of proper governance practices Toyota Motor’s…
Business
Vinted users lash out over sizing changes
Vinted users have been reacting angrily after an update resulted in items being listed as the wrong size. The second-hand shopping app has…
Business
5 questions with Ikea’s new CEO, who explains why he’s happy with revenue being flat
Ikea’s new CEO Juvencio Maeztu is calling to tell me about the Ingka Group’s latest earnings (that’s the parent company behind Ikea). As…
Business
Exclusive: The most important browser designer of the past 25 years explains how he topped himself again
Darin Fisher is a little older than the fresh-faced, newly minted PhD types you see roaming the well-appointed floors at OpenAI’s second…
Business
Sea doubles profit to US$375 million for Q3
Sea reported on Tuesday (Nov 11) a 144.6 per cent increase in its third-quarter earnings to US$375 million, up from US$153.3 million for…
Business
Buyer of Shell’s refinery has set aside US$2 billion for Singapore investments, is hungry for more deals
Aster is betting on ‘strategic resilience’ as it invests through the oil and gas down cycle Energy and chemicals player Aster has set…
Business
Buyer of Shell’s refinery has set aside US$2 billion for Singapore investments; more deals on the way
Aster is betting on ‘strategic resilience’ as it invests through the oil and gas down cycle Energy and chemicals player Aster has set…
Business
Outlook for UOB lags DBS, OCBC amid spotlight on asset quality in Q3
Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income Market outlook for UOB has turned…
Business
UOB outlook lags that of DBS, OCBC amid spotlight on asset quality in Q3
Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income The market outlook for UOB has…
Business
CapitaLand Ascendas Reit to divest logistics property in Australia for S$90 million
Sale consideration is a 17.2% premium to the original purchase price of S$76.8 million when the property was acquired in 2015 CapitaLand…
Business
DBS CEO Tan Su Shan sees tech-led growth in China despite property slowdown
China’s push into deep technology and artificial intelligence is creating pockets of growth despite an uneven recovery in its property…
Business
Prime US Reit raises distributable income payout ratio to at least 50%; records lower Q3 income
A distribution of only 10% of the distributable income has been declared for the last two one-year periods since Jul 1, 2023, the manager…
Business
What’s open and closed on Veterans Day 2025? Stock markets, banks, post office, pharmacies, stores, and more
One of the many ways Americans practice gratitude in the month of November is by honoring those who have served in the U.S. military. This…
Business
SBS Transit Q3 earnings fall 20.6% due to lower interest income
Revenue is also lower due to the loss of the Jurong West contract package to SMRT in September 2024 Bus and train operator SBS Transit’s…
Business
UK unemployment at its highest since pandemic as jobs market cools
The jobless rate climbed to 5 per cent in the three months through September, up from 4.8 per cent the month before UK unemployment rose…
Business
Burger King to enter China joint venture, plans to double stores
The new joint venture, Burger King China, will receive US$350 million in investment CPE US fast-food chain Burger King will rapidly expand…
Business
KKR, Singtel seek S$5 billion loan for STT GDC buyout
If finalised, this deal could mark Asia’s largest-ever leveraged buyout financing in the data centre sector A consortium comprising of KKR…
Business
KKR, Singtel seek S$5 billion loan for STT GDC buyout: sources
If finalised, this deal could mark Asia’s largest-ever leveraged buyout financing in the data-centre sector A consortium comprising of KKR…
Business
How to deal with grief at work
In September, my mom died after a short battle with colon cancer. She was 83 and lived a full life in which she had a fulfilling career in…