Business
US: Wall St opens higher in first trading session of 2025
Wall Street’s main indexes opened higher on the first trading session of 2025, with investors hoping a fresh political landscape and more…
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Business
Business
Kenya urges end to secondhand textile misinformation
According to the Mitumba Consortium Association of Kenya (MCAK) over 95% of imported secondhand clothes are not waste, yet operators face…
Business
Nvidia’s remarkable stock surge mints three board billionaires
NVIDIA’S banner year supercharged chief executive officer Jensen Huang’s net worth to new heights. It also boosted three of the…
Business
Keppel DC Reit to divest Malaysia data centre for RM55.6 million
Reit subsidiary has entered into a sale and purchase agreement with Basis Bay Services MSC, an unrelated third party KEPPEL DC Real Estate…
Business
10-year average return on Singapore Savings Bond slides to 2.82%
THE 10-year average return for the latest tranche of the Singapore Savings Bond (SSB) continued to fall, to 2.82 per cent, in line with…
Business
10-year average return on Singapore Savings Bonds slides to 2.82%
THE 10-year average return for the latest tranche of Singapore Savings Bonds (SSBs) continued to fall, to 2.82 per cent, in line with rate…
Business
Sias urges independent professional inquiry into SingPost’s dismissal of senior executives
AN INDEPENDENT professional inquiry should be commissioned to look into the circumstances that led to the dismissal of three Singapore…
Business
Sias calls for independent inquiry into SingPost’s dismissal of senior executives
AN INDEPENDENT professional inquiry should be commissioned to look into the circumstances that led to the dismissal of three Singapore…
Business
Enchanted Soudah: Nature in the clouds
“Ta’ali, ta’ali… come, come,” Ahmed Hanash whispered, as he stealthily approached a timid young buck of the endangered Nubian ibex…
Business
Singapore shares rise on first trading day of 2025; STI up 0.4%
Across the broader market, losers beat gainers 284 to 246, with 812.8 million securities worth S$581.4 million changing hands SINGAPORE…
Business
China Introduces New Forex Rules To Tighten Crypto Oversight and Target Illegal Cross-Border Transactions
China Introduces New Forex Rules To Tighten Crypto Oversight and Target Illegal Cross-Border Transactions On Dec. 31, 2024, China’s…
Business
Apple offers iPhone discounts in China as competition intensifies
APPLE is offering rare discounts of up to 500 yuan (S$93) on its latest iPhone models in China, as the US tech giant moves to defend its…
Business
Thai government says Bank of Thailand chair appointment won’t take too long
THAILAND’S government expects a selection panel to quickly conclude the process to pick a new chairman for the nation’s central bank after…
Business
Retail traders seek nearly US$60 billion for toymaker Bloks Group’s Hong Kong IPO
RETAIL investors have applied to borrow nearly US$60 billion to participate in Chinese toymaker Bloks Group’s Hong Kong initial public…
Business
Thai economic uncertainty has increased, central bank minutes say
UNCERTAINTY around the Thai economy has significantly increased primarily due to the unclear impact of possible US economic policies,…
Business
Musk’s X, Google yet to apply for Malaysia’s new social media license
ELON Musk’s X and Alphabet’s Google, which operates the video streaming platform YouTube, have not applied for a social media operating…
Business
MAS review group exploring use of seed capital for equities market: Gan Kim Yong
The Monetary Authority of Singapore’s (MAS) equities market review group is studying how to make optimum use of seed capital to attract…
Business
Lendlease, Warburg Pincus appoint Bart Price as CEO of Apac R&D joint venture
He has two decades of career experience in real estate, infrastructure investments and capital markets AUSTRALIAN real estate group…
Business
RHB cuts IReit target to S$0.34; flags potential privatisation on further unit price declines
RHB Research has lowered its target price on IReit Global to S$0.34 from S$0.40 previously, as it expects the real estate investment…
Business
China faces first FX test of 2025 with yuan’s red line in focus
THE offshore yuan’s year-end slide to its weakest since 2022 is set to put the China’s daily reference rate for the currency in focus as…
Business
AEM appoints Kwek You-Cheer as new CFO
He has more than 20 years of experience in strategic financial leadership and operations internationally AEM announced on Thursday (Jan 2)…
Business
Bank of Korea governor says monetary easing this year will be flexible
SOUTH Korea’s central bank governor said on Thursday (Jan 2) that the pace of monetary policy easing would need to be flexible this year…
Business
Singapore stocks start the year higher; STI up 0.2% on Thursday
SINGAPORE equities ushered in the New Year on a high note, rising at the opening bell on Thursday (Jan 2). As at 9.01 am, the Straits…
Business
Billionaire Li Ka-shing’s Hutchmed in US$608 million health unit stake sales
HUTCHMED (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around US$608 million as the…