Business
Chinese stocks lead Asia markets’ weekly losses amid China data, Fed signal on rate cuts
Major markets across Asia-Pacific broadly fell this week as US consumer prices released showed that inflation stayed firm, and its central…
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Business
Business
Peter Viens, new CEO of IReit Global’s manager, aims to diversify assets to attract institutional investors
The trust’s DPU is expected to drop as its Berlin property undergoes repositioning PETER Viens, the new chief executive officer of the…
Business
Musk escalates Altman legal feud, casts OpenAI as monopolist
ELON Musk is ramping up his feud with Sam Altman, alleging in a court filing that OpenAI is trying to corner the market for generative…
Business
'Wordle' today #1,245 Answer, hints and clues for Friday, November 15
We're one day away from the weekend and while we might be planning to rest from work, we are not taking a break from our Wordle streak.…
Business
Whoopi Goldberg Claims NYC Bakery Refused to Make Her a Birthday Dessert Because of Her Political Views; Owner Fires Back
Whoopi Goldberg has claimed that a New York City bakery refused to serve her due to her political views, and the 145-year-old…
Business
PC Partner commences trading in Singapore, opens at S$0.85
HONG KONG-based electronics company PC Partner Group began trading on the mainboard of the Singapore Exchange (SGX) on Friday (Nov 15) at…
Business
Brokers’ take: Maybank downgrades ComfortDelGro to ‘hold’ on acquisition doubts
MAYBANK Securities has downgraded its call on ComfortDelGro to a contrarian “hold”, with a lower price target of S$1.60, from S$1.65…
Business
China retail sales pick up speed, beat forecasts in October
Chinese policymakers are grappling with slumping domestic consumption (STR) China's retail sales last month grew at their fastest clip…
Business
Dip in Singapore consumers’ trust in general insurers and insurance sales staff: report
THE level of trust Singapore consumers have in general insurers and their intermediaries such as brokers and advisers slipped in 2024,…
Business
Goodwill Entertainment makes trading debut at S$0.21, 5% above IPO price
IPO proceeds will go towards expanding the business regionally and globally, among other uses KARAOKE operator Goodwill Entertainment…
Business
Singapore shares open lower on Friday; STI down 0.3%
SINGAPORE stocks began Friday (Nov 15) trading in negative territory as markets abroad mostly posted losses overnight. As at 9.01 am, the…
Business
CapitaLand Ascendas Reit to develop logistics property in US for S$94.8 million
CAPITALAND Ascendas Reit (Clar) will acquire a parcel of land in the US, and develop it into a new logistics property at an estimated…
Business
Cordlife posts S$1.6 million Q3 net loss on revenue decline
CORDLIFE remained in the red for the third quarter ended September 2024, after having fallen into a net loss position for the first half…
Business
Stocks to watch: CapitaLand Ascendas Reit, Golden-Agri, ComfortDelGro, Prime US Reit, Cordlife
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 15): CapitaLand Ascendas Reit:…
Business
Tesla, Rivian drop on report Trump wants to end EV credit
US automaker stocks fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at…
Business
Australia's Woolworths, Coles to defend lawsuit over discounts
(Reuters) -Woolworths and Coles Group said on Friday they would defend class action proceedings commenced by a law firm in Australia's…
Business
Nissan faces record debt bill with 1 year left to fix finances
Nissan Motor will have a year of breathing space in 2025 before hitting a record bond maturity wall as concerns mount about its ability to…
Business
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed oversupply concerns…
Business
Europe: Stoxx 600 jumps as energy and tech lead the charge, positive earnings help
Europe’s Stoxx 600 bounced back with a 1 per cent gain, driven by strong performances in the energy and technology sectors, while positive…
Business
US: Wall Street indexes end lower after Powell erodes hopes for December rate cut
Wall Street’s main indexes closed lower on Thursday (Nov 14) after Federal Reserve chair Jerome Powell dampened investor hopes for another…
Business
Wall Street ends lower after Powell erodes hopes for December rate cut
Wall Street’s main indexes closed lower on Thursday (Nov 14) after Federal Reserve chair Jerome Powell dampened investor hopes for another…
Business
Fed’s Powell says no need to hurry rate cuts with economy strong
FEDERAL Reserve chair Jerome Powell said the recent performance of the US economy has been “remarkably good”, giving central bankers room…
Business
EU Commission takes Germany to court over capital gains tax deferral
A flag of the Bundesliga club FC St. Pauli hangs on a balcony of an old apartment building in the St. Pauli district. The European…
Business
Campbell Gray and Valor Hospitality collaborate on Middle East hotel development
Campbell Gray Hotels & Resorts has partnered with full-service hotel management company Valor Hospitality Partners to develop luxury…