Business
Reliance, Walt Disney close US$8.5 billion merger of Indian media assets
RELIANCE Industries and Walt Disney on Thursday (Nov 14) completed the US$8.5 billion merger of their Indian media assets, which have been…
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Business
Business
Merck snags Chinese cancer drug for up to US$3.3 billion
MERCK & Co licenced an experimental cancer antibody from a closely held Chinese company in a deal worth US$588 million upfront, plus as…
Business
US: Wall Street edges higher at the open after PPI data
WALL Street’s main indexes edged higher at the open on Thursday (Nov 14) after a broadly in line reading of producer prices data, with…
Business
‘I blame the Church for my brother’s death’ - Zimbabwe anger over child abuser
The sister of a 16-year-old boy who drowned while swimming naked at a Christian holiday camp in Zimbabwe run by child abuser John Smyth…
Business
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
THE European Commission on Thursday (Nov 14) fined Meta Platforms 797.72 million euros (S$1.1 billion) over abusive practices benefiting…
Business
The UnderDog Innovator Behind One of Asia's Earliest AML Compliance Solutions
In the early 2010s, the financial landscape was in flux. Cybercrime, especially money laundering, was on the rise, forcing banks to…
Business
Hysterics at Australian shepherd's response to hearing his name called
A dog owner from Australia called her dog's name while he was right next to her, to see what he would do, and his hilarious reaction has…
Business
‘Deadpool & Wolverine’ helps Disney beat earnings forecasts
WALT Disney reported earnings that topped Wall Street’s estimates on Thursday (Nov 14), propelled by blockbuster ticket sales from the…
Business
Levi’s Launches Alexa-Powered Fit Guide
Levi’s and Amazon are entering a new chapter in their relationship. This week in Germany the denim giant launched the Levi’s Jeans Fit…
Business
SGX RegCo issues trade with caution alert on 9R Limited
THE Singapore Exchange Regulation Company (SGX RegCo) has urged investors to exercise caution when dealing with shares of 9R Limited. In a…
Business
SGX RegCo issues trade with caution alert on 9R
THE Singapore Exchange Regulation Company (SGX RegCo) has urged investors to exercise caution when dealing with shares of 9R. In a trade…
Business
Prime US Reit Q3 distributable income falls to US$8.5 million
PRIME US Reit’s distributable income for the third quarter ended Sep 30, fell to US$8.5 million from US$14.7 million the year before, said…
Business
In major Geely shake-up, EV brand Zeekr to take control of Lynk
CHINA’S Geely said on Thursday (Nov 14) its premium electric vehicle maker Zeekr plans to take control of Lynk, a sister brand – the first…
Business
Golden Agri-Resources posts lower underlying profit of US$91 million for Q3
PALM oil producer Golden Agri-Resources (GAR) posted an 18 per cent lower underlying profit of US$91 million for the third quarter of the…
Business
ComfortDelGro Q3 net profit up 15.2% on higher revenue
Topline growth is boosted by group’s overseas markets, mainly due to its acquisitions in UK and Australia LAND transport giant…
Business
Proton inaugurates assembly plant in Egypt
Malaysia’s first national car company, Proton Holdings, celebrated the completion of a new vehicle assembly plant in Egypt this week,…
Business
Japan’s megabanks see record annual profit after bumper Q2 as rate hikes boost margins
JAPAN’S three megabanks raised their annual profit forecasts to all-time highs on Thursday (Nov 14), fuelled by robust lending demand and…
Business
Singapore stocks rise amid mixed regional showing; STI up 0.5%
Hongkong Land is the top gainer on the index while Yangzijiang Shipbuilding is at the bottom of the table SINGAPORE stocks rose on…
Business
Income Insurance and Allianz say their deal is still alive despite government veto
INCOME Insurance and Allianz announced in a bourse filing on Thursday (Nov 14) that discussions over a deal to acquire a majority stake in…
Business
China’s JD.com struggles to shake off consumption weakness, misses revenue estimates
CHINESE e-commerce group JD.com missed market estimates for quarterly revenue on Thursday (Nov 14), as a persistent slowdown in the…
Business
LVMH moves Alexandre Arnault to HQ, fueling succession talk
LVMH appointed new divisional leaders in a reshuffle that returns one of billionaire founder Bernard Arnault’s sons to the luxury…
Business
Taiwan tech giant Foxconn posts US$1.5 billion Q3 net profit
Taiwanese tech giant Foxconn on Thursday (Nov 14) reported a forecast-topping net profit for the third quarter on robust demand for…
Business
Singapore tech firm Circles is said to weigh sale of digital arm Circles.Life
CIRCLES Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital…
Business
More Singaporeans invest, but worries persist over overspending, lack of retirement planning: OCBC survey
MORE Singaporeans are investing and on track with their investment goals, with fixed-income assets such as Treasury bills (T-bills)…