Business
Who is the CEO of Verizon?
Do you have Verizon? If you never heard of it or live under a rock, Verizon is a well-known brand of telecommunications that is used all…
Section
Business
Business
Ex-CIMB Singapore chief Victor Lee to join Security Bank in the Philippines as CEO
Victor Lee, the former chief executive officer of CIMB Singapore, has been appointed president and CEO of the Philippine-listed Security…
Business
The Fed released the minutes from its September rate cut meeting. Here’s what they reveal
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year,…
Business
US: Wall Street subdued at open after Powell offers no rate clues
Wall Street’s main indices posted subdued gains at Thursday’s (Oct 9) open, after Federal Reserve chair Jerome Powell offered no fresh…
Business
University of Phoenix IPO: All eyes on the stock price as education partners go public during shutdown
With no end in sight to the political impasse in Washington that has shut down the government, the U.S. IPO market is expected to…
Business
Launch of knowledge hub aims to beef up AI use among financial institutions: Chee Hong Tat
The knowledge hub is part of the Pathfin.ai programme, which was first announced in July The Monetary Authority of Singapore (MAS) has…
Business
Halfdays Secures $10 Million in Series A Funding
The women-led outdoor apparel brand Halfdays has closed a $10 million series A funding round. The investment in the five-year-old company…
Business
Megyn Kelly to Lead Her Own SiriusXM Channel in New Multi-Year Deal
Megyn Kelly led one show at a time on the schedule of Fox News Channel and, subsequently, NBC. Soon, she’s going to spearhead many at…
Business
Surprise rate decisions in Asia signal growing economic unease
They underscore growing domestic economic and market uncertainties exacerbated by US tariffs Three central banks over two days surprised…
Business
This 26-year-old founder beat Meta and OpenAI to creating an AI TikTok. Does she know where the industry will go next?
We’ve been expecting the tsunami of AI-generated videos ever since we first got a taste of AI’s image-making abilities several years ago.…
Business
Hedge funds are using options to bet on year-end US dollar gain
Hedge funds worldwide look to be favouring the US dollar in the option market as they bet that the currency’s rebound versus most major…
Business
The most valuable metric in marketing isn’t impressions, it’s the ‘group gasp’
I’ll never forget the first time I saw the power of a group gasp. Years ago, at a Baltimore Ravens game, a film I’d helped create played…
Business
Gold Is Booming and That’s Really Bad News
My more paranoid self says the whole thing’s a conspiracy engineered by Fox News and Newsmax. I’ve long maintained that Fox and Newsmax…
Business
Singapore stocks buck regional trend; STI down 0.4%
All three local banks end lower; Genting Singapore is the most actively traded counter on the STI for the second day running Local shares…
Business
Water bills to rise further for millions after appeal
Millions of households in England will have to pay even higher water bills than had previously been announced, after five water companies…
Business
Uniqlo owner Fast Retailing posts record profit for fourth year
The apparel maker beats its own forecast, with operating profit jumping to 564.3 billion yen Japan’s Fast Retailing, owner of global…
Business
Asia’s Reit market ‘finally recovering’ amid lower interest rates and new listings: Aprea
The real estate investment trust, or Reit, market in Asia is “finally recovering” on the back of lower interest rates, higher investor…
Business
Philippine central bank unexpectedly cuts rates as graft scandal hits confidence
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75% The Philippine central bank unexpectedly cut the…
Business
Porsche’s China sales slump 21% on muted luxury demand
The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track Porsche’s sales in China…
Business
Microsoft vies for scarce clean power in Asia chipmaking nations
Microsoft warned that it is competing for limited supplies of clean electricity in parts of East Asia, even as its window to achieve a key…
Business
JPMorgan CEO Dimon warns of US stock market correction risk: BBC
JPMorgan Chase CEO Jamie Dimon warned of a heightened risk of a significant correction in the US stock market within the next six months…
Business
Global Resale Market Set to Grow to $360 Billion by 2030, Says BCG
PARIS — The global resale market for fashion and luxury goods is continuing to soar, projected to reach between $320 billion and $360…
Business
HSBC is tackling Hong Kong’s commercial real estate crisis
For those concerned with financial stability, HSBC Holdings. is doing the right thing by taking its Hong Kong subsidiary private. But its…
Business
SGX to sharpen focus on ecosystem initiatives to sustain equity market growth
To maintain the momentum of the recent uplift in local equities, the Singapore Exchange (SGX) will focus on expanding its product…