Business
Texas counties have least health insurance coverage
Texas has 19 out of the 20 counties across the U.S. with the highest proportion of their population aged under 65 having no health…
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Business
Business
Gold dazzled last year, but may lose some lustre in 2025
With the Year of the Snake upon us, market watchers are split on how the precious metal will fare after a record-breaking 2024 WHEN…
Business
SGX securities turnover value rises 5% in December despite lower market volume
THE total securities market turnover value on the Singapore Exchange (SGX) climbed 5 per cent on the year to S$20 billion in December,…
Business
SGX securities turnover value up 5% in December despite lower market volume
THE total securities market turnover value on the Singapore Exchange (SGX) climbed 5 per cent on the year to S$20 billion in December, the…
Business
S&P assigns ‘BBB-’ rating for Stoneweg European Reit on stable outlook
S&P Global Ratings has assigned Stoneweg European Real Estate Investment Trust (Stoneweg E-Reit) a “BBB-” long-term issuer credit rating,…
Business
Property a big winner: Potential Malaysia beneficiaries from Johor-Singapore SEZ
While there are probable Singapore winners arising from the Johor-Singapore Special Economic Zone (JS-SEZ), analysts believe that there…
Business
Tesla launches redesigned Model Y in China, seeking to fend off rivals
TESLA launched a new version of the Model Y, its best-selling car, in China on Friday (Jan 10), hoping that a redesigned exterior and…
Business
Miyoshi chief executive slapped with S$22,400 fine for accounting irregularity
THE chief executive and executive director of Miyoshi, Andrew Sin Kwong Wah, has been fined S$22,400 for failing to recognise an…
Business
Miyoshi chief executive fined S$22,400 for accounting irregularity
THE chief executive and executive director of Miyoshi, Andrew Sin, has been fined S$22,400 for failing to recognise an impairment loss in…
Business
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese…
Business
Ultraman toymaker Bloks surges after blockbuster Hong Kong IPO
SHARES of Bloks Group, the popular Chinese maker of Ultraman and Transformers figurines, jumped as much as 82 per cent in their Hong Kong…
Business
Ultraman toymaker becomes a billionaire after frenzied Hong Kong IPO
THE frenzy over a toymaker’s Hong Kong initial public offering has created a new billionaire. Zhu Weisong, founder and chairman of Bloks…
Business
Asia: Markets drift lower as US jobs data looms
EQUITIES fell again in Asia on Friday (Jan 10) as traders prepared for the release of US jobs data that could play a key role in the…
Business
Suntec Reit unitholders should reject revised S$1.19-a-unit offer: Morningstar
INVESTMENT research company Morningstar has recommended that unitholders of Suntec Real Estate Investment Trust (Reit) reject the revised…
Business
Nvidia partnership puts MediaTek stock on course for record high
INCREASED collaboration with Nvidia has pushed investor optimism over the artificial intelligence (AI) growth potential for MediaTek to a…
Business
Hyundai launches 2.85 million yen EV in Japan to penetrate EV-wary market
SOUTH Korea’s Hyundai Motor said on Friday (Jan 10) it will introduce the cheapest compact electric car in Japan, to penetrate a market…
Business
Private lenders set to take over Alacrity in debt restructuring
DIRECT lenders including Antares Capital, Blue Owl Capital and KKR are preparing to take over insurance claims manager Alacrity Solutions,…
Business
Gold prices on track for weekly gain; US data on tap
GOLD prices remained stable on Friday (Jan 10) during early Asian hours, poised for their strongest week since mid-November, as investors…
Business
Sudan rebels at war with army hit back at US over genocide claims
Sudan's rebel paramilitary group battling the nation's armed forces in a deadly civil war has slammed the United States' decision to issue…
Business
Fu Yu’s largest shareholder requisitions EGM to oust directors amid poor performance
FU YU’S largest shareholder has called for an extraordinary general meeting (EGM) to remove two directors amid dropping shareholder value…
Business
Clip of vandalised mosque in India falsely linked to attack against minorities in Bangladesh
Minorities in Sunni Muslim-majority Bangladesh have encountered a string of attacks after long-time autocratic leader Sheikh Hasina was…
Business
PBOC says it will temporarily halt buying of government bonds
CHINA’S central bank said it will temporarily halt its buying of government bonds, after the benchmark yield slid to a record low this…
Business
PBOC halts bond buying to defend yuan as economic gloom worsens
CHINA’S central bank said it will suspend buying government bonds, its latest attempt to temper investor bets on weak economic growth that…
Business
Singapore banks reverse midweek gains on Friday, dragging STI down 1.6%
SINGAPORE equities fell on Friday (Jan 10), driven by losses in the banks and other Straits Times Index (STI) counters. The benchmark…