Business
DBS unlocks S$1 billion in AI value in 2025
But as Singapore’s lenders seek to ride the wave, agentic artificial intelligence’s rise poses challenges for local banking talent DBS…
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Business
Business
Catalist-aspirant Toku to sell 65 million shares at S$0.25 apiece for its initial public offer
The company will raise net proceeds of S$13.7 million; post-listing, it will execute its expansion plans A listing on the Catalist board…
Business
CICT to divest Bukit Panjang Plaza for S$428 million
The sale is being undertaken to optimise the Reit’s portfolio and to give it greater financial flexibility CapitaLand Integrated…
Business
Bank of Japan puts self-defence ahead of solidarity with Fed’s Powell
The Bank of Japan’s absence from a list of central banks lining up to support Federal Reserve chair Jerome Powell reflects its aversion to…
Business
Singapore stocks edge up in line with regional rise; STI gains 0.1%
Across the broader market, advancers outnumber decliners 338 to 214, with 1.7 billion shares worth S$1.6 billion changing hands Singapore…
Business
Toyota raises offer for Toyota Industries by 15%
Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as…
Business
China investigates Trip.com over alleged antitrust conduct
China is investigating Trip.com Group, the country’s largest online travel agency, over alleged antitrust conduct, according to the State…
Business
China’s customs agents are told Nvidia’s H200 chips not permitted: sources
It is unclear whether the directives apply to existing orders for H200 chips, or only to new orders The Chinese customs authorities told…
Business
Jollibee CFO says growth supports 2027 US listing of international arm
The international business accounts for 6,800 of 10,300 stores by the end of last year’s third quarter [MANILA/SINGAPORE] Jollibee Foods’…
Business
Scarce landed housing land will entice developers hungry to serve aspiring landed home buyers.
The group’s undervalued share price is unwarranted, given its rare landed housing land bank Many affluent Singaporeans aspire to live in…
Business
Luxury retailer Saks Global files bankruptcy after turnaround fails
US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround Saks Global Enterprises…
Business
Saks Global Files for Chapter 11 Bankruptcy
Saks Global’s high-wire financial act is finally over. The company, which just over a year ago bought Neiman Marcus Group for $2.7…
Business
Prudential taps ex-HSBC veteran Douglas Flint as chairman
Flint, who was chairman of HSBC until 2017, will replace Shriti Vadera and will join the board in March Prudential has appointed Douglas…
Business
China tightens margin financing requirements to cool red-hot stock market
[BEIJING/SHANGHAI] Chinese stock exchanges on Wednesday (Jan 14) tightened margin requirements in a surprise move to cool a red-hot stock…
Business
Government sets out plans for north of England rail investment
Emer MoreauBusiness reporter The government has set out its vision for major rail improvements across the north of England, which it says…
Business
YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push
Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding…
Business
One/Size by Patrick Starrr Lands at Boots in the U.K., Sephora Stores Across Continental Europe
LONDON — One/Size by Patrick Starrr is on a whistle-stop tour of the U.K. and continental Europe, regions that are set to generate a…
Business
Maybank initiates ‘buy’ coverage on Soon Hock with S$0.75 target
Maybank Research has initiated coverage on industrial real estate specialist Soon Hock Enterprise with a target price of S$0.75, citing…
Business
US approves sale of Nvidia's advanced H200 chips to China
Osmond ChiaBusiness reporter The US government has given chip giant Nvidia the green light to sell its advanced artificial intelligence…
Business
Gold near record-highs as softer US inflation fuels Fed rate-cut bets
GOLD rose on Wednesday, holding near record highs set in the previous session, while silver set another all-time high, nearing the US$90…
Business
Olam advances 32.4% stake sale of port operator following key lender approvals
Olam Group said it has “made progress” in securing approvals from different lenders to Arise P&L for the proposed divestment of its 32.4…
Business
Hong Kong activist investor David Webb dies of cancer
HONG Kong activist investor and prominent commentator David Webb has died of metastatic prostate cancer, according to his social media…
Business
MoneyHero probes board chairman as internal frictions rise
Kenneth Chan is also a senior vice-president at Pacific Century Group, MoneyHero’s largest shareholder MoneyHero Group is investigating a…
Business
Stranger Things documentary-maker gives reason for last minute script
Pete Allisonand Naomi Clarke,BBC Newsbeat Stranger Things ending after 10 years has many fans craving more of the sci-fi world they…