Business
China’s 1.2 trillion yuan dam project lifts metals markets, but isn’t a quick fix for glut
China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn that…
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Business
Most Singaporeans are unprepared and underinsured for long-term care: Singlife
Only one in three Singaporeans have taken out additional insurance to cover the cost of long-term care, and more than half of them…
Business
The rise and fall of New Silk Road, one of the longest-running hedge funds in Singapore
Investment management firm New Silk Road announced earlier in July that it will be closing its doors after a 16-year run in Asia. Based in…
Business
Sony buys stake in ‘Gundam’ owner to grow anime business
Sony has bought a strategic 2.5 per cent stake in Japanese game franchise giant Bandai Namco, which owns Gundam and arcade classic…
Business
Asia: Markets turn lower as trade war rally fades
Asian stocks fell on Friday as their latest rally ran out of legs, with sentiment weighed by strong US jobs data that saw investors row…
Business
Kelly Osbourne lost 'best friend' after Ozzy Osbourne's death
Watch: Sharon, Ozzy and Kelly Osbourne on the red carpet over the years Kelly Osbourne says she has lost her "best friend" following the…
Business
Gold holds dip as traders pare rate cut bets on US job strength
held a decline on Friday - but remained on track for a small weekly gain - as resilient US jobs data reinforced views that the Federal…
Business
China Reits make ‘significant turnaround’, with growth outpacing regional peers: Aprea
Chinese real estate investment trusts, or C-Reits, have outpaced some of their regional peers, including Singapore’s, in the first half of…
Business
LISTEN: Skydance Media Offers Olive Branches to FCC; Why Steve Stoute is Variety’s Music Mogul of the Year
Skydance Media offered olive branches to the Federal Communications Commission in order to secure approval for its $8 billion acquisition…
Business
Samsung pushes for diverse AI agents in Galaxy mobile devices
UNG Electronics is in talks with the likes of OpenAI and Perplexity AI to integrate more AI services in upcoming Galaxy devices, seeking a…
Business
China Everbright Water appoints new CEO, sets up sustainability committee
Xiong Jianping succeeds outgoing chief Tao Junjie, who has been at the helm for nearly four years Water environmental management company…
Business
Samaritans to close more than 100 branches
The Samaritans are planning to close more than 100 branches across the UK and Ireland, the BBC has learned. In a presentation to staff,…
Business
Advanced Systems Automation’s ex-CEO says fund transfers were for unpaid salaries
Catalist-listed Advanced Systems Automation (ASA) on Thursday (Jul 24) said that its former chief executive claimed that cheques for more…
Business
Stocks to watch: OCBC, Keppel DC Reit, Frasers Centrepoint Trust, Suntec Reit
The following companies saw new developments that may affect trading of their securities on Friday (Jul 25): OCBC: OCBC’s subsidiary Great…
Business
Skydance’s merger with Paramount Global wins FCC’s approval
PARAMOUNT Global’s merger with Skydance Media was approved by the US Federal Communications Commission, which backed the deal after the…
Business
IBM falls most in 15 months on tepid software sales
SHARES of International Business Machines declined the most since April 2024 after the company reported weaker-than-expected sales in its…
Business
Keppel DC Reit posts 12.8% rise in H1 DPU to S$0.05133
Keppel DC Reit posted a 12.8 per cent increase in distribution per unit (DPU) to S$0.05133 for its first half of the financial year ended…
Business
Four more traders appeal rate-rigging convictions after Supreme Court ruling
Four traders are appealing to have their rate-rigging convictions overturned after the Supreme Court quashed two rate-rigging cases on…
Business
Automated mobile robots are a cybersecurity risk
For several years I’ve been evangelizing about the growing ways automation and robotics are beneficial to all. From medical facilities to…
Business
Markets bet Beijing is getting serious about China’s overcapacity
Commodity prices from steel to polysilicon have surged this month as Chinese investors bet Beijing is finally serious about addressing…
Business
Intel says revenue rose as it cut ranks
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its workforce to be…
Business
Urgency is a strategy
Across industries, caution is rising. CEOs are slowing down major strategies—from hiring to investment—as uncertainty grows. The Business…
Business
First half net profit plunges 22% at French luxury group LVMH
French luxury group LVMH saw net profit plummet 22 per cent in the first half of 2025, the company announced on Thursday, blaming the…
Business
Trump, Fed chief Powell bicker during tense central bank visit
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the…