Business
New Zealand’s central bank to debate 25 or 50 basis points rate cut in February
NEW Zealand’s central bank will debate whether to cut interest rates by 25 or 50 basis points in February, a senior central banker said on…
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Business
Business
NYT "Connections" November 28: Hints and answers for game #536
We all have our own strategy when it comes to trying to solve daily word puzzles such as Connections. But one group of researchers from…
Business
Hot stock: PEC rises 11.4% after talks of potential share deal
The counter climbs 11.4 per cent or S$0.085 to S$0.83 as at 11.18 am. SHARES of engineering company PEC were up 11.4 per cent on Thursday…
Business
Mizuho weighs new push to target private equity boom in India
MIZUHO Financial Group is considering making a push into a new area for the lender in India focusing on private equity and venture capital…
Business
Mizuho weighs new push to target India’s private equity boom
MIZUHO Financial Group is considering making a push into a new area for the lender in India focusing on private equity and venture capital…
Business
Amazon injects S$2 billion into its Singapore businesses in 2023
AMAZON on Thursday (Nov 28) announced that it injected more than S$2 billion into its retail and cloud businesses in Singapore in 2023.…
Business
Amazon says it injected S$2 billion into its Singapore businesses in 2023
AMAZON on Thursday (Nov 28) announced that it injected more than S$2 billion into its retail and cloud businesses in Singapore in 2023.…
Business
Inside the wild world of Osaka’s dangerous, adrenaline-fueled float festivals
To a din of cheering crowds, rhythmic chanting and taiko drums, hundreds of people haul massive wooden floats through the streets of Osaka…
Business
BlackRock has deal to buy private credit manager HPS: report
BLACKROCK has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday (Nov 27).…
Business
Australia’s central bank overhaul revived in last minute talks
AUSTRALIA’S plans to overhaul the Reserve Bank of Australia (RBA), including splitting the current board in two, may be back on the agenda…
Business
China’s EV boom threatens to push petrol demand off a cliff
From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with charging posts in…
Business
Yankees Reportedly Up Their Bid In $600 Million Juan Soto Sweepstakes
✓ Link copied to clipboard! New York Yankees outfielder Juan Soto is expected to earn a contract worth over $600 million this winter. The…
Business
Microsoft denies training AI models on user data
MICROSOFT on Wednesday (Nov 27) denied claims that it uses customer data from its Microsoft 365 applications, including Word and Excel, to…
Business
Singapore stocks rise on optimism over rebound in real incomes and easing inflation; STI up 0.8%
SINGAPORE stocks ended higher on Thursday (Nov 28) after the Republic reported a rebound in real incomes for 2024, according to…
Business
IReit Global inks lease contract with Premier Inn to reposition Berlin Campus into mixed-use space
EUROPE-FOCUSED real estate investment trust (Reit) IReit Global has signed a lease contract with UK hotel chain Premier Inn for 10,348…
Business
US Fed’s favoured inflation gauge picks up, backs cautious approach
THE US Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’…
Business
Stocks to watch: Mapletree Logistics Trust, DBS, First Sponsor, IReit Global
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 28): Mapletree Logistics Trust…
Business
Microsoft faces broad antitrust investigation from US FTC
THE US Federal Trade Commission (FTC) has opened an antitrust investigation of Microsoft, drilling into everything from the company’s…
Business
First Sponsor to increase stake in Netherlands’ NSI for 18.9 million euros
Acquisition will be funded by net proceeds from a rights issue of perpetual convertible capital securities in September FIRST Sponsor is…
Business
Citadel, Pimco set to own stakes in Spirit Airlines post-bankruptcy
KEN Griffin’s Citadel Advisors, Pacific Investment Management Company (Pimco) and Western Asset Management are among the investment firms…
Business
Starbucks Red Cup giveaway gives coffee chain much needed jolt
STARBUCKS’s holiday-themed cups drove a bigger spike in customer visits than in previous years, a welcome boost for a brand that’s looking…
Business
British insurer Direct Line rejects Aviva’s US$4.16 billion takeover bid
BRITISH insurer Direct Line Insurance on Wednesday (Nov 27) rejected a takeover offer of £3.3 billion (S$5.6 billion) from bigger rival…
Business
British insurer Direct Line rejects Aviva’s £3.3 billion takeover bid
BRITISH insurer Direct Line Insurance on Wednesday (Nov 27) rejected a takeover offer of £3.3 billion (S$5.6 billion) from bigger rival…
Business
Bitcoin resumes advance, rekindles US$100,000 milestone optimism
BITCOIN is climbing back towards the elusive US$100,000 price level again, snapping its longest losing since Donald Trump’s presidential…