Business
Dollar higher as Fed signals no rush to cut rates, BOE holds rates steady
The dollar rose on Thursday (Mar 20) after the Federal Reserve indicated it was in no rush to cut rates further this year due to…
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Business
ValueMax raises S$71.7 million through two digital securities commercial papers
Both papers were issued on Mar 3 and received “strong demand” from investors, says the company Pawnbroking chain ValueMax Group has raised…
Business
Bank of England keeps rates on hold
The Bank of England held interest rates at 4.5 per cent and warned against assumptions that they would be cut over its next few meetings…
Business
Singapore shares rise after Fed rate cut pause; STI up 0.6%
Shares on the Singapore bourse ended higher on Thursday (Mar 20), following the US Federal Reserve’s decision to hold off on interest-rate…
Business
SGX listcos with Indonesia exposure stay resilient amid market meltdown
While a market meltdown in Indonesia has rattled investor confidence, Singapore-listed companies with sizable exposure to the country have…
Business
CK Hutchison warns of geopolitical risks as profit falls and ports deal upsets China
CK Hutchison Holdings warned of geopolitical risks to global trade, as the Hong Kong conglomerate reported weaker-than-expected profit and…
Business
More than a fifth of UK adults still not looking for work
Tom Espiner BBC business reporter More than a fifth of UK working-age adults are still not in work or actively looking for work, official…
Business
RTL Group Posts Stable 2024 Results as Fremantle Still Targets Full-Year Revenue of $3.2 Billion
European media conglomerate RTL posted basically stable full fiscal 2024 yearly results on Thursday, driven by more than 40% growth in…
Business
Is it a bank? Is it a fund manager? Chocolate Finance meltdown highlights need for clear distinction
The two may have overlapping traits, but industry watchers say the differences must be made obvious to customers For less-savvy investors,…
Business
Hedge funds burned by Tesla short bets plot next steps
Hedge funds whose short positions against Tesla backfired badly after the Nov 5 election are watching the latest sell-off from the…
Business
UK posts strong wage growth ahead of BOE rate decision
UK wage growth held at its highest level in nine months and employment rose, evidence of resilient demand for workers that will likely…
Business
Puma Is Doubling Down on Marketing: Inside Its ‘Go Wild’ Campaign
When it comes to advertising, Puma has opened up its wallet. Puma revealed on Thursday, “Go Wild,” a global campaign that the athletic…
Business
SGX RegCo reprimands BlackGold Natural Resources directors, CFO for breaches of listing rules
The Singapore Exchange Regulation (SGX RegCo) has reprimanded three directors and the chief financial officer of BlackGold Natural…
Business
Swiss Watch Exports Slip in the U.S. in February
PARIS – Winter is far from over for Swiss watches as the market continued to cool in February. Exports in the month contracted by 8.2…
Business
Vietnam to allow 49% foreign ownership of some banks
Foreign investors cannot hold more than 30% of shares in banks that have government ownership of above 50% Vietnam’s government is…
Business
Bank of England expected to hold interest rates at 4.5%
Kevin Peachey Cost of living correspondent The Bank of England is expected to keep interest rates on hold when policymakers announce their…
Business
Top Glove swings back into black with RM30.3 million Q2 profit
Top Glove returned back to the black with a net profit of RM30.3 million (S$9.1 million) for its second quarter of its financial year…
Business
Hong Kong caps IPO margin loans amid heated retail demand
The move is a response to a recent IPO market frenzy that triggered first-day share price pops and concerns about retail investors getting…
Business
Microsoft Malaysia to launch three data centres in Q2 2025
Microsoft will launch its first cloud region in Malaysia with three data centres by mid-year, the tech company said on Thursday (Mar 20),…
Business
Microsoft’s US$2.2 billion Malaysia investment solid amid US policy uncertainty
Microsoft’s US$2.2 billion investment in Malaysia remains firm, despite growing global uncertainties stemming from policy shifts by the…
Business
EXCLUSIVE: J.Crew Signs Three-year Partnership With U.S. Ski & Snowboard
J.Crew, which has long captured the ski scene in its catalogues, storytelling and lifestyle merchandising, is advancing the approach with…
Business
Nvidia to invest billions in US chip production over four years: FT
Nvidia plans to invest hundreds of billions of US dollars in US-made chips and electronics over the next four years, the Financial Times…
Business
Asian markets get ‘breather’ with US Fed’s rate cut pause
The US Federal Reserve’s decision to hold off on interest rate cuts gives Asian markets “a breather” and more room for certainty, said…
Business
Analysts hike target prices for ST Engineering on bright outlook
Analysts were bullish on ST Engineering, hiking their target prices for the counter as they cited a positive outlook and strong growth…