Business
Mega-IPO’s 70% fall towards delisting is costly blow for Malaysia
When Facebook went public in 2012, the world’s next-largest listing that year was a company from Malaysia best known for producing cooking…
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Business
Business
CapBridge partners Singlife to distribute insurance to SMEs and investors
Digital investment solutions provider CapBridge on Friday (Aug 15) announced a partnership with Singlife to provide insurance solutions to…
Business
Gold poised for weekly fall as bets fade for big Fed rate cut
Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data dented expectations for a…
Business
Dezign Format surges over 7% upon SGX Catalist trading debut
The company focuses on experiential design in the meetings, incentives, conferences and exhibitions sector Spatial design specialist…
Business
Dezign Format surges over 40% at SGX Catalist trading debut
Spatial design specialist Dezign Format’s share price rose by more than 40 per cent on Friday (Aug 15) morning on its trading debut on the…
Business
Philippine central bank orders e-wallets, payment apps to remove online gambling links
The Philippine central bank ordered mobile wallets, payment applications and other institutions to remove links to online gambling…
Business
Anger and confusion as Meta overturns more Instagram account bans
Graham Fraser Technology Reporter Instagram users have told the BBC of their confusion, fear and anger after having their accounts…
Business
Hedge funds shift bets to double down on Big Tech amid AI boom
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big…
Business
LISTEN: David Ellison and Paramount’s New Regime Meets the Media in New York and L.A.; Backstory on 10 Storytellers to Watch
The new regime at Paramount Skydance spent part of their first week after closing the $8 billion transaction making the rounds with media…
Business
Wee Hur H1 profit falls 42% to S$38.7 million
Property company Wee Hur on Thursday (Aug 14) posted a 42 per cent decline in net profit to S$38.7 million for the six months ended Jun…
Business
Stocks to watch: Thai Beverage, Golden Agri-Resources, Ho Bee Land, OUE, Straits Trading
The following companies saw new developments that may affect trading of their securities on Friday (Aug 15): Thai Beverage: The beverage…
Business
Buffett buys US$1.6 billion UnitedHealth stake, sells T-Mobile
Warren Buffett’s Berkshire Hathaway bought shares of UnitedHealth Group in the second quarter, sending the health insurer’s stock soaring…
Business
Nubank sees more credit growth as quality gauges hold up
Nu Holdings, Latin America’s biggest digital bank, reported a decline in credit quality that was roughly in line with analysts’…
Business
Cordlife H1 loss narrows to S$4.6 million from S$12.4 million; client claims now total S$8.7 million
Cord-blood bank on Thursday (Aug 14) posted a net loss of S$4.6 million for its first half ended Jun 30, trimming its losses from S$12.4…
Business
Government turns to TikTokers to advise on cosmetic surgery abroad
Joe McFadden and Josh Elgin The government is partnering with TikTok influencers to warn people about the risks of travelling abroad for…
Business
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted…
Business
Dame Vera Lynn's audition records to be released 90 years on
Daniel Sexton BBC News, South East Dame Vera made her name during the Second World War, earning the nickname the Forces' Sweetheart Dame…
Business
Apple rejects Musk claim of App Store bias
APPLE on Thursday rejected Elon Musk’s claim that its digital App Store favours OpenAI’s ChatGPT over his company’s Grok and other rival…
Business
UOB, BOS among banks with rising clients' alternative asset investments as Asia’s rich take shine to sector
More of Asia’s richest are viewing private-market investments as a core part of their portfolios, say senior private bankers. With…
Business
Traders trim Fed-cut bets as wholesale inflation clouds outlook
Wall Street traders dialled back expectations for an interest-rate cut next month, sending Treasury yields higher, after fresh data on…
Business
Apple Watch gets revamped blood oxygen feature
E on Thursday said some of its top smartwatch models are getting a redesigned blood oxygen sensing feature, sidelined for several years by…
Business
For just US$1 million, wealthy investors can buy a stake in hedge fund Millennium
For just US$1 million, investors are being offered a slice of one of the world’s largest hedge fund firms. Goldman Sachs is offering…
Business
Europe: Stocks close at two-month highs propelled by earnings, defence stocks
EUROPEAN shares closed at their highest level in more than two months on Thursday, with aerospace and defence stocks and financials…
Business
Citigroup considers custody and payment services for stablecoins, crypto ETFs
Citigroup is exploring providing stablecoin custody and other services, a top executive told Reuters, in a further sign sweeping policy…