Business
Thai central bank unexpectedly holds rates; trims growth forecast
The forecast for headline inflation this year is cut to zero, from 0.5% previously Thailand’s central bank left its key interest rate…
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Business
Business
Temasek-backed Foundation Healthcare mulls US$300 million Singapore IPO: sources
Foundation Healthcare, backed by Temasek Holdings, is considering an initial public offering (IPO) that could value the medical group at…
Business
Australia’s central bank swings to A$11 billion profit, again skips paying dividend to government
The RBA’s equity position improves, led by valuation gains on its gold holdings Australia’s central bank swung to an accounting profit…
Business
‘The Hit List’ Hosts Rochelle and Marvin Humes Sign With WME for Representation (EXCLUSIVE)
British broadcasting power couple Rochelle and Marvin Humes have signed with WME for representation across their creative and…
Business
Spy case collapse blamed on failure to label China a threat
A case involving two men accused of spying for China collapsed because evidence could not be obtained from the government referring to…
Business
Banijay’s Scripted Head Offers ‘Optimism’ for TV Producers Despite Commissioning Slowdown: ‘Now Is the Time’ to Take Risks
Though a yearslong diet of budget cuts, corporate mergers, course corrections and C-suite retrenchments have dimmed the optimism of many…
Business
SoftBank to buy ABB’s robotics arm in US$5.4 billion deal
SoftBank Group has agreed to acquire ABB’s industrial robots unit at an enterprise value of almost US$5.4 billion, reflecting the Japanese…
Business
SoftBank to buy ABB’s robotics business in US$5.4 billion deal
SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion…
Business
Crypto race to tokenise stocks raises investor protection flags
The industry is divided over which regulations apply to stock tokens, and investor rights and protections vary A race by crypto companies…
Business
From banking to the FIA: what Citi’s new Singapore head Lee Lung-Nien brings to the F1 governing body
Lee Lung-Nien has helped turn around a financially dire FIA, to the tune of a net 28.7 million euro swing Lee Lung-Nien – the first…
Business
From banking to the FIA: What Citi’s new Singapore head brings to the F1 governing body
Under the mandate of the FIA president, Lee Lung-Nien has helped guide a remarkable financial turnaround at the motorsports governing body…
Business
River Wye pollution prompts UK's largest environmental lawsuit
Steffan MessengerEnvironment correspondent, BBC Wales The biggest legal claim ever brought in the UK over environmental pollution in the…
Business
Gold surges past record $4,000 an ounce as uncertainty fuels rally
The price of gold has hit a record high of more than $4,000 (£2,985) an ounce as investors look for safe places to put their money over…
Business
Gold is booming. From mega vaults to discreet transport, who are the key players in Singapore?
Gold surged into uncharted territory on Wednesday (Oct 8), opening above US$4,000 an ounce for the first time, in a year that has seen it…
Business
Umit Benan Returns to U.S. Market With Bergdorf Men’s Launch
Umit Benan is coming back to the U.S. market. A favorite of trendsetters such as Timothée Chalamet and Pedro Pascal, the brand is making…
Business
Spanx and La Ligne Team Up for Limited-edition Collection of Luxurious Sweaters
As Spanx celebrates its 25th year, the company has partnered with La Ligne for a limited-edition capsule collection of luxurious cashmere…
Business
BMW cuts annual guidance on weak China sales, tariff costs
The slack demand for luxury EVs is hitting automakers already dealing with muted growth in Europe and duties in the US BMW lowered its…
Business
SkillsFuture trainers to be banned from using third-party marketing from Dec 1
However, marketing and promotion are allowed under collaborations with designated intermediaries Training providers registered under…
Business
FairPrice Group to be first to use autonomous vehicles in public for supply chain operations
The group says it will now be able to automate ‘important but routine tasks’ such as the transportation of goods FairPrice Group (FPG) on…
Business
Data centre boom brings risks of overbuilding, Ares’ says
Alternative asset management giants have poured into data centre projects as a way to cash in on booming demand for processing power…
Business
Dazzling supermoon illuminates skylines around the world
Sky-watchers across the globe were treated to a supermoon this week, appearing brighter and larger in the evening sky. A supermoon occurs…
Business
RBNZ surprises with larger rate cut, sparking currency drop
Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle New Zealand’s central bank cut…
Business
Aspial Corp, Koh family-linked entity move to privatise AF Global for S$31.8 million as it sells stake in Knight Frank Singapore
The offeror, AFG Investment, is looking to acquire a 27.35% stake in the mainboard-listed hospitality player for S$0.11 per share A…
Business
Tesla debuts ‘affordable’ Model Y and 3 that strike some as too expensive
Musk has been pivoting the company towards artificial intelligence, focusing on robotaxis and humanoid robots, but the new cars are key to…