Business
Keppel divests S$80 million of assets as part of multi-billion dollar monetisation programme
Asset manager Keppel is divesting its stakes in a New-York based company and an integrated agricultural logistics park in China to unlock…
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Business
Business
US Treasury says Bank of Japan should continue to tighten policy
The Bank of Japan should continue to proceed with monetary tightening, which would support a “normalisation of the yen’s weakness” and…
Business
Sats proposes sale of 49% stake in holding company to Swiss airline caterer for 4.2 million euros
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing…
Business
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing…
Business
HSBC chair Tucker to return to Asia insurer AIA after overseeing bank overhaul
HSBC Holdings’ high-profile chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, after having…
Business
Amazon cuts more jobs, this time in books division
Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday. The…
Business
Broadcom gives tepid forecast, missing loftiest expectations
BROADCOM, a chip supplier to companies like Alphabet and Apple, gave a lackluster revenue forecast for the current quarter, suggesting…
Business
Lululemon plunges with growth plans threatened by Trump tariffs
LULULEMON Athletica posted a second straight disappointing quarter, fueling concerns that rising competition and new tariffs are derailing…
Business
Stocks to watch: OCBC, Keppel DC Reit, Jardine C&C, NetLink NBN Trust, Fu Yu
The following companies saw new developments that may affect trading of their securities on Friday (Jun 6). OCBC: The bank’s insurer,…
Business
Great Eastern seeks to delist with new OCBC exit offer of S$30.15 per share
OCBC has made a S$900 million conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in…
Business
Most new build homes must be fitted with solar panels - Miliband
Builders will be required to fit solar panels to the "vast majority" of new build homes in England under changes to be published this…
Business
Trafigura flags trading headwinds as payouts outstrip profit
TRAFIGURA Group warned that market volatility may not translate to opportunities for its traders, as the commodity giant reported…
Business
Trump-Musk row slams Tesla shares, US$150 billion in market value wiped out
TESLA shares went into free-fall on Thursday as President Donald Trump publicly feuded with the electric vehicle maker’s billionaire CEO…
Business
Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom
Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday,…
Business
We can reshore American manufacturing
In my last Fast Company column, I shared my reasons for manufacturing my electric trucks in the U.S. I’m not alone. While near-shoring to…
Business
Europe: Shares inch up as Lagarde’s remarks offset ECB rate cut
EUROPEAN equities see-sawed on Thursday, ultimately eking out gains after the European Central Bank’s President Christine Lagarde’s more…
Business
US: Stocks slump as Tesla shares tank on Trump-Musk row
Wall Street stocks tumbled on Thursday as a row between US President Donald Trump and Tesla boss Elon Musk erupted - with the electric…
Business
Bosses' bonuses banned at six water companies
Faarea Masud & Tom Espiner BBC Business reporters A number of water companies have been banned from paying "unfair" bonuses to senior…
Business
Soaring demand for Nintendo Switch 2 boosts massive video game market
Benedict Corpuz has always been a “day one” type of person when it comes to fueling his video game habit. Beginning in his high school…
Business
Joann, Rite Aid, JCPenney, and other store closings contribute to a 274% surge in retail layoffs in 2025
Layoff announcements from U.S. employers have increased 80%, to 696,309 job cuts, through May of this year. That’s in comparison with the…
Business
Beau Bridges and Jason Ritter on Their Complex ‘Matlock’ Relationship, Career Parallels and Following in Their Fathers’ Footsteps
Casting Beau Bridges and Jason Ritter as father-and-son attorneys on “Matlock” was a stroke of genius — and perhaps an inevitability. Both…
Business
Wonder, Marc Lore’s food tech startup, is planning to go public in early 2028
Billionaire entrepreneur and Wonder CEO Marc Lore has confirmed that his food and restaurant technology startup is planning for an initial…
Business
Your 5 most burning questions about the new Nintendo Switch 2, answered
The Nintendo Switch 2 console has officially been released, as retailers opened their doors at midnight — 9 p.m. here on the West Coast —…