Business
Stocks to watch: Nio, Singtel
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 21): Singtel: The telecom group…
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Business
Business
Canada’s Manulife signs C$5.4 billion reinsurance deal to lower risk
CANADA’S Manulife Financial will reinsure C$5.4 billion (S$5.2 billion) of its reserves as it looks to transfer some risk from its…
Business
HSBC shelves plans for trading, financing carbon credits
HSBC Holdings has abandoned plans to build a carbon credits desk, according to sources familiar with the matter, as Europe’s biggest bank…
Business
KPMG to spend US$100 million on AI partnership with Google Cloud
KPMG said on Wednesday (Nov 20) it would spend US$100 million over the next four years to bolster its enterprise artificial intelligence…
Business
Nvidia’s AI chip demand still booming but slowing sales growth worries investors
NVIDIA forecast fourth-quarter revenue slightly above estimates on Wednesday (Nov 20), but still failed to meet lofty expectations of some…
Business
Beaujolais Day: 'It's Swansea's Christmas Day'
It's the third Thursday in November, which - depending on who you ask - can mean only one thing: Beaujolais Day. Traditionally celebrated…
Business
Europe: Stoxx 600 flat in volatile trading; real estate weighs
EUROPE’S main stock index closed flat after a volatile session on Wednesday (Oct 20) as investors remained on edge over geopolitical…
Business
US: Target falters on mixed day for stocks
WALL Street stocks were mixed at the end of a choppy session on Wednesday (Nov 20) as investors awaited Nvidia earnings and sold off…
Business
Data centres the big positive surprise in Q3 as most S-Reits post results within expectations
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest rates DATA centres turned…
Business
Maybank eyes Johor-Singapore SEZ for growth; targets 25% profit contribution from Singapore by 2027
The zone could generate a need for financing among companies – an area Maybank is eager to support THE upcoming Johor-Singapore Special…
Business
Data centres the standout performers among S-Reits in Q3; analysts have mixed views on the sector overall for Q4
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest rates DATA centres turned…
Business
These wolves are the first known carnivores with a taste for sweets
The Ethiopian wolf, also known as the red jackal, is one of the world’s rarest canines as well as Africa’s most endangered carnivore. But…
Business
Red Sox $50 Million Star Outfielder Projected To Cut Ties With BOS For Cubs
Share ✓ Link copied to clipboard! The Boston Red Sox are set to be very aggressive in free agency this winter. They're rumored to be in on…
Business
Eurozone banks are vulnerable to US funding squeeze: ECB
The growing dependence on US dollars and the stronger link between banks and non-banks pose risks to the eurozone’s financial system…
Business
Financial claims surge 45%, led by spike in scam-related claims, says disputes resolution centre
THE Financial Industry Disputes Resolution Centre (Fidrec) handled 2,162 financial claims for its latest financial period from Jul 1,…
Business
Ford to cut 4,000 jobs in Europe
Auto giant Ford has announced another 4,000 job cuts, concentrated in Germany and Britain (INA FASSBENDER) US car giant Ford on Wednesday…
Business
US: Wall Street opens subdued as Nvidia earnings awaited
WALL Street’s main indexes were little changed on Wednesday (Nov 20), as investors awaited AI giant Nvidia’s quarterly results, while also…
Business
Amos Group extends offer closing date to Dec 12
OFFSHORE oil and gas equipment manufacturer Amos Group on Wednesday (Nov 20) extended the deadline for shareholders to accept the offer…
Business
HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients
HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers who have between £100,000…
Business
OpenAI launches free AI training course for teachers
Trained on reams of data, generative AI can create brand-new humanlike content, helping users spin up term papers, complete science…
Business
Apple makes US$100 million investment proposal for new plant in Indonesia
TECH giant Apple has made a US$100 million investment proposal to Indonesia to build a plant to manufacture accessories and components,…
Business
Chinese EV maker Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024,…
Business
Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024,…
Business
In data: APAC outperforms amid global decline in deal activity
GlobalData reports that the Asia-Pacific (APAC) region recorded 11,808 deals, including mergers & acquisitions (M&A), private equity and…