Business
Ong Beng Seng’s HPL to focus on Orchard Road properties after exiting Cuscaden consortium
HOTEL Properties Limited (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings…
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Business
Business
Ong Beng Seng’s HPL Shifts Focus to Orchard Road Post-Cuscaden Exit
HOTEL Properties Ltd (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings after…
Business
Baidu to make AI chatbot Ernie Bot free of charge from Apr 1
CHINESE search engine leader Baidu said on Thursday (Feb 13) it would make its artificial intelligence (AI) chatbot Ernie Bot free…
Business
UAE company plans nuclear power plant in Indonesia
EMIRATES Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian…
Business
South Korea’s tech exports lose growth momentum as risks rise
The outlook for chip sales is turning less optimistic this year as growth in shipments has slowed in recent months SOUTH Korea recorded a…
Business
US inflation unexpectedly increases
Natalie Sherman & Charlotte Edwards BBC News business reporters US inflation increased by more than expected last month,as higher egg and…
Business
Seatrium jumps 6.5% to S$2.45 after MOU with BP
The company will provide engineering, procurement, construction and commissioning services for the Tiber floating production unit SHARES…
Business
Seatrium jumps 12.6% to S$2.59 after MOU with BP
SHARES of Seatrium surged on Thursday (Feb 13) after it announced its memorandum of understanding (MOU) with BP Exploration & Production,…
Business
Singapore shares open lower on Thursday; STI down 0.1%
SINGAPORE equities began Thursday (Feb 13) in negative territory, following mixed performance overnight in the US and Europe. As at 9.01…
Business
Gold inches up on trade war fears, inflation data on tap
GOLD prices edged up on Thursday (Feb 13), as markets tracked developments in US President Donald Trump’s tariff plans, which could ignite…
Business
Prudential mulls listing of its Indian joint venture ICICI Prudential Asset Management
BRITISH insurer Prudential is evaluating a potential listing of its Indian joint venture, ICICI Prudential Asset Management, which will…
Business
Fox TV Stations CEO Shares Regret for Kanye West Super Bowl Ad: ‘We Strongly Condemn Any Form of Antisemitism’ (EXCLUSIVE)
Fox Television Stations CEO Jack Abernethy has sent a note to staffers addressing the Kanye West Yeezy.com advertisement that ran in three…
Business
Nissan and Honda set to update on relationship after merger talks stall
After backing away from merger talks, Nissan is now open to working with new partners, with Taiwan’s Foxconn seen as one candidate NISSAN…
Business
Stocks to watch: Seatrium, iFast, Thomson Medical, Digital Core Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 13). Seatrium: The offshore and…
Business
Adobe launches AI video tool to compete with OpenAI
The Firefly Video Model, as Adobe is calling the service, will compete against Sora ADOBE on Wednesday (Feb 12) released the first public…
Business
Everton 2-2 Liverpool: Toffees ensure Goodison Park gets one great last Merseyside derby act
Before kick-off, the sounds of tribalism emerged from Everton strongholds The Blue House and The Winslow Hotel - standing directly…
Business
Meta accounting move on AI servers to boost profit this year
META Platforms made a small change last month that’s likely to increase the company’s profit by billions of US dollars this year. It was…
Business
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
CISCO Systems raised its annual revenue forecast on Wednesday (Feb 12), betting on higher demand for its cloud networking gear amid an…
Business
Santander and Barclays cut mortgage rates below 4% as market picks up.
Kevin Peachey Cost of living correspondent Two major lenders launched mortgage deals on Thursday with interest rates of less than 4%, as…
Business
Robinhood revenue doubles, fuelled by surge in crypto trading
ROBINHOOD Markets reported revenue that more than doubled as the online-trading firm was buoyed by crypto-market transactions around the…
Business
Pimco opens office in Dubai as asset managers flock to region
PACIFIC Investment Management Co (Pimco) opened a Dubai office, becoming the latest major fund manager to deepen its presence in the…
Business
Chevron to lay off up to 20% of global workforce
CHEVRON will lay off 15 to 20 per cent of its global workforce by the end of 2026, the US oil company said on Wednesday (Feb 12) as it…
Business
Trybe Plans for First Live Event in Las Vegas
Trybe is gearing up for its first event in May in Las Vegas. Some of the 100-plus speakers include PacSun’s chief executive officer…
Business
Europe: Shares end at record peak on earnings boost; tariffs eyed
EUROPEAN shares eked out an all-time high on Wednesday (Feb 12), as investors cheered earnings reports from Heineken and ABN Amro,…