Business
Australia’s goods trade surplus shrinks to A$2.9 billion in November
Australia’s surplus on goods trade narrowed sharply in November as shipments of iron ore fell back, data showed on Thursday, while imports…
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Business
People coming off weight-loss injections risk fast weight gain
Michelle RobertsDigital health editor Slimmers who come off weight-loss injections such as Mounjaro or Wegovy can regain their lost pounds…
Business
Musk lawsuit over OpenAI for-profit conversion can head to trial, US judge says
Billionaire entrepreneur Elon Musk persuaded a judge on Wednesday to allow a jury trial on his allegations that ChatGPT maker OpenAI…
Business
China metals in grip of frenzy as investors bet on global rally
Open interest has surged to a record across the six base metals traded in Shanghai CHINA’S metal markets are in the grip of a speculative…
Business
OUE Reit in ‘exclusive talks’ for partial stake in Salesforce Tower in Sydney
There is no certainty that any transaction will materialise at this juncture, says manager OUE Real Estate Investment Trust (OUE Reit) is…
Business
Arm launches ‘Physical AI’ unit, joining rush to robotics by tech and automakers
Interest in humanoid robots has boomed as companies see human-form machines as the next frontier in AI and automation Chip technology…
Business
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics facility
71,000 sq m facility set for completion in 2028; CLI also takes minority stake in smart logistics firm Ally Logistic Property CapitaLand…
Business
Stocks to watch: FCT, CLI, OUE Reit, Tan Chong International, Vividthree
The following companies saw new developments that may affect trading of their securities on Thursday (Jan 8): Source link
Business
Former mm2 Asia subsidiary Vividthree receives letter of demand for S$1.2 million
Former mm2 Asia subsidiary Vividthree on Wednesday (Jan 7) announced that it received a letter of demand from UOB for nearly S$1.2…
Business
Former mm2 Asia subsidiary Vividthree dives 17% on news of payment demand from UOB
Former mm2 Asia subsidiary Vividthree on Wednesday (Jan 7) announced that it received a letter of demand from UOB for nearly S$1.2…
Business
Thomas Frank: Spurs boss under more pressure and scrutiny after holding Arsenal-branded cup
Tottenham fans have made their frustrations clear on multiple occasions this season. They chanted "boring, boring Tottenham" during the…
Business
Trump-linked World Liberty Financial seeks license to launch trust bank
The company says that it plans to allow conversion services between US dollars and USD1 without fees at launch World Liberty Financial, a…
Business
China asks tech firms to halt orders for Nvidia’s H200 chips: report
Beijing has asked some Chinese tech companies to halt orders for Nvidia’s H200 chips this week, and is expected to mandate domestic…
Business
Why battery recycling is essential for supply chain security
Batteries are powering a significant shift in how we go about our daily lives, ranging from the devices we carry to electric vehicles and…
Business
Samsung expects record Q4 operating profit, beating expectations
Samsung Electronics on Thursday projected a 208 per cent jump in fourth-quarter operating profit from a year earlier, beating analysts’…
Business
Flight to quality, dividends lift DBS and OCBC to all-time highs, but analysts warn valuations look expensive
Among Singapore banks, UOB lags peers as investors await greater earnings clarity Attractive dividend yields have pushed DBS and OCBC to…
Business
Jefferies takes US$30 million hit on First Brands as profit drops
Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of…
Business
JPMorgan to replace Goldman as Apple Card issuer
The deal is subject to regulatory approvals and is not expected to close for roughly two years JPMorgan Chase and Apple on Wednesday (Jan…
Business
The Gen Z puzzle: How small businesses can crack the code
Gen Z is aging into the life moments that define entire industries. As this generation moves through milestones like marriage,…
Business
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800…
Business
World’s worst bond market faces another big supply shock
A major driver in the increase in net supply is the central bank’s slowdown in buying Japan’s government bond market is set for another…
Business
European stocks cool as traders assess Venezuela fallout, economic data
EUROPEAN stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest US-Venezuela…
Business
Brookfield Brings Back the GGP Name
Brookfield Corporation, the global conglomerate, has rebranded Brookfield Properties Retail back to the GGP name. In 2010, Brookfield led…
Business
Stop chasing AI experts
If Nike hired Michael Jordan to work at headquarters, would you expect the marketing team to start sinking three-pointers? Of course not.…