Business
SoftBank-backed travel app Klook is said to consider US listing: sources
Klook, a travel and leisure booking platform, is exploring an initial public offering in the US that may raise as much as US$500 million,…
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Business
Business
Citigroup backs silver to soar just as gold’s rally loses steam
Silver will extend a rally beyond US$40 an ounce in the coming months on tightening physical supplies and growing investment demand,…
Business
South Korea seeks to unlock property money in ‘Kospi 5,000’ drive
SOUTH Korea is seeking to redirect household wealth concentrated in real estate into equities, according to a lawmaker spearheading a…
Business
Trans changing room row nurse cleared of misconduct as tribunal resumes
A nurse who complained about sharing a changing room with a transgender doctor has been cleared of gross misconduct following disciplinary…
Business
Low-cost carrier model not dead, but may not work at every airport: Iata chief
The budget airline model is not dead, but it does not always work at every airport, said Willie Walsh, director-general of the…
Business
Low-cost carrier model remains viable, but may not work at every airport: Iata chief
The budget airline model is not dead, but it does not always work at every airport, said Willie Walsh, director-general of the…
Business
Competition watchdog seeks public feedback on proposed takeover of Seaco by Stonepeak-linked company
The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed acquisition of Global Sea…
Business
Competition watchdog seeks public feedback on proposed takeover of Seaco parent by Stonepeak-backed entity
The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed acquisition of Global Sea…
Business
CDL shares surge over 6% after Philip Yeo exits board
Shares of City Development Limited (CDL) rose more than 6 per cent on Wednesday (Jul 16), after the property conglomerate said on Tuesday…
Business
Richemont’s Jewelry Sales Soar in Q1 Due to Demand in Europe, Americas and the Middle East
LONDON – Robust demand for jewelry in Europe, the Americas and the Middle East drove Richemont’s sales up 6 percent at constant exchange…
Business
Citi to boost Japan investment banking headcount up to 15%, executive says
Citigroup plans to raise its investment banking headcount in Japan by 10 to 15 per cent over the next year and make new hires in…
Business
ASML orders beat expectations after AI spending fuels demand
ASML Holding’s orders in the second quarter beat estimates after the artificial intelligence (AI) boom drove demand for its sophisticated…
Business
Huawei tops China smartphone market for first time in years
Huawei Technologies took the top spot in China’s smartphone market for the first time in more than four years, a comeback fuelled by new…
Business
German startup takes on 'solar-only' rivals with energy-as-a-service model
German startup Enerkii has launched an energy-as-a-service model that aims to cut power bills in half for industrial customers — and…
Business
Nvidia’s Huang says China’s open-source AI a ‘catalyst for progress’
Nvidia CEO Jensen Huang called China’s open-source artificial intelligence a “catalyst for global progress” and hailed the country’s…
Business
Windows 95’s look and feel are more impressive than ever
Every so often, Microsoft design director Diego Baca boots up an old computer so he can play around with Windows 95 again. Baca has made a…
Business
Masayoshi Son and Sam Altman see no end to AI demand and scaling
SoftBank Group founder Masayoshi Son and OpenAI chief Sam Altman see insatiable demand for artificial intelligence (AI) that makes it…
Business
Why CEO Pay Is Always Moving Higher in Fashion — and Corporate America
Life in the corner office might be full of ups and downs — but when it comes to the multimillion-dollar pay packages corporate chiefs get,…
Business
Asia: Hong Kong stocks lifted by Nvidia rally
Tech firms led another rally in Hong Kong stocks Wednesday after US titan Nvidia said it would resume exports of key chips to China after…
Business
Japan’s Nidec builds made-in-China EV motor to help Toyota catch rivals
Japan’s Nidec is building an almost totally “made-in-China” electric vehicle (EV) motor to help Toyota Motor compete in the world’s…
Business
Shangri-La Asia appoints Kuok Hui Kwong as new CEO
She is the daughter of Shangri-La founder Robert Kuok, who is Malaysia’s richest man Shangri-La Asia announced the appointment of Kuok Hui…
Business
Shangri-La Asia appoints Robert Kuok’s daughter Kuok Hui Kwong as new CEO
Kuok is entitled to a monthly base salary of HK$576,000 (S$94,300), plus discretionary bonus and pension. Shangri-La Asia announced the…
Business
Flying taxi CEO is a billionaire again after stock rallies to all-time high
Four years after a much-hyped Spac (special purpose acquisition company) deal followed by a swift collapse, shares of US flying taxi…
Business
European asset manager Amundi, Endowus launch low-cost index fund tracking STI
European asset manager Amundi and wealth adviser and investment platform Endowus on Wednesday (Jul 16) launched the Amundi Singapore…