Business
Singapore evolves to meet commodity sector’s changing needs amid trade tensions: EnterpriseSG’s Cindy Khoo
IN A much more complex global trade environment, Singapore will focus on growing new trade flows, specialised trade expertise and…
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Business
Business
FTX estate begins to repay bankrupt exchange creditors in cash
The initial distributions are being made through crypto companies BitGo and Kraken THE estate of bankrupt crypto exchange FTX has begun…
Business
FTX refunds: Temasek, BlackRock, SoftBank, Sequoia, Tom Brady, Shaquille O’Neal likely beneficiaries
AFTER more than two years of hand-wringing, creditors of bankrupt crypto exchange FTX are heaving a sigh of relief as the trading…
Business
iPhone parts maker Murata eyes supply chain shifts towards India
APPLE iPhone components maker Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a…
Business
UOB hits a fresh high, with Singapore’s STI reaching yet another record
At the open, the counter edges up 1.3 per cent or S$0.50 to an all-time high of S$39.15 SHARES of UOB rose to a new high on Wednesday (Feb…
Business
MPs criticise 'wealth-hoarding' boomers stereotype as ageist
MPs are challenging stereotypes around older people stockpiling wealth as younger generations struggle. A report from the Commons' women…
Business
Borrowing strain hits NAB’s Q1 profit, shares dive
NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday that first-quarter profit slipped as competition for…
Business
Norinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talent NORINCHUKIN…
Business
Singtel’s Q3 profit surges 183.4% to S$1.3 billion on exceptional gains
SINGTEL’S net profit for the third quarter ended Dec 31 climbed 183.4 per cent to S$1.3 billion from S$465 million in the same period the…
Business
HSBC to sell Bahrain retail banking operations as restructuring progresses
The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to BBK HSBC on Tuesday (Feb 18) agreed to…
Business
Stocks to watch: UOB, Singtel, Parkson Retail Asia, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 19). UOB: The lender on…
Business
Meta says it plans to build the world's longest undersea internet cable
Facebook’s parent company Meta said it’s working on the world’s longest undersea cable as part of the social media giant’s efforts to…
Business
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package
UOB on Wednesday (Feb 19) posted a net profit of S$1.52 billion for the fourth quarter ended December, up 8.6 per cent from S$1.4 billion…
Business
Ford cuts bonuses for half of middle managers
FORD Motor is eliminating stock award bonuses for about half of its middle managers in an effort to boost performance as the automaker…
Business
EXCLUSIVE: Mango Coming to Manhattan’s Upper West Side
Mango is bolstering its presence in Manhattan. The global fashion retailer based in Barcelona will open a 13,000-square-foot store at 1976…
Business
Andy Murray: Briton to continue working as Novak Djokovic's coach 'indefinitely'
Novak Djokovic says the partnership with Andy Murray as his coach will continue "indefinitely". Source link
Business
Analysts Give Nike Skims Deal a Thumbs-up — With Some Reservations
Nike is looking to Kim Kardashian to help it right its ship — and Wall Street appears to approve. On Tuesday, the Oregon-based sports…
Business
Jam drummer Rick Buckler dies at 69
Rick Buckler, former drummer in The Jam, has died at the age of 69, his ex-bandmates have confirmed on social media. The Jam rose to fame…
Business
Sources: Saks Global Closings Seen in Toronto, Dallas
Saks Global will close the historic Neiman Marcus flagship in downtown Dallas next month, and could also close its Saks Fifth Avenue…
Business
George Russell has 'no intention' of speaking to Max Verstappen following row
Asked whether he had concerns about the situation, Russell said: "No concerns about him or his driving. I am not going to change my…
Business
Cordlife expects to be in the red for FY2024; ‘no assurance’ of profitability in FY2025
PRIVATE cord-blood bank Cordlife expects to post a loss for the 2024 fiscal year due to the financial fallout from lapses discovered in…
Business
Energy bills forecast to rise by £85 a year
Domestic energy prices are forecast to rise by 5% from April, adding £85 a year to household bills, according to consultancy Cornwall…
Business
Budget 2025: Tax incentives to beef up equities market could have ‘limited impact’, say industry experts
The government will introduce three tax incentives targeting corporate listings, fund manager listings and fund managers’ qualifying…
Business
Meghan puts a new label on her jams and lifestyle range
Sean Coughlan Royal correspondent Meghan, the Duchess of Sussex, has announced a new identity for her lifestyle brand, which will be…