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What we know about SingPost’s Parcelgate scandal so far
SINGAPORE Post (SingPost) has fired three of its senior management executives as they were found to be negligent in the handling of internal investigations over a whistleblower’s report.They are...
Japan’s bond market is set to absorb biggest supply in a decade
INVESTORS are set to face the largest supply of Japanese sovereign bonds in at least a decade as the central bank plans to shrink its balance sheet, adding to...
OCBC, UOB to pay out second cost-of-living bonuses for junior staff
FOR the second year in a row, OCBC and UOB will each be giving out a one-off payment to its junior employees to help them cope with ongoing cost-of-living...
Asia: Markets track Wall Street rally as US inflation eases rate worries
ASIAN markets rose on Monday (Dec 23)after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a...
SingPost shares fall nearly 10% after 3 senior execs were fired
They were found to be negligent in the handling of internal investigations over a whistleblower’s reportShares of Singapore Post (SingPost) fell sharply on Monday (Dec 23) following the exit...
SingPost falls by over 8% in early trade after 3 senior execs were fired
Shares of Singapore Post (SingPost) fell sharply on Monday (Dec 23) following the exit of three of the group’s top three executives. As at 9.04 am, the counter dipped...
News Corp sells Foxtel unit to DAZN in A$3.4 billion deal
NEWS Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion (S$2.9 billion) including debt, cutting the Murdoch-controlled media empire’s...
TalkMed receives privatisation offer for S$0.456 per scheme share
TERTIARY healthcare services provider TalkMed Group on Monday (Dec 23) announced that it has received a privatisation proposal from TW Troy, a special purpose vehicle managed by Tamarind Health....
Starbucks workers expand strike in US cities, including New York
STARBUCKS workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday (Dec 21).
The five-day strike, which...
Apple’s US$1 billion investment may be fleeting win for Indonesia
INDONESIA claimed victory after Apple offered to increase its investment in the country to US$1 billion to get President Prabowo Subianto’s government to lift a ban on the sale...
Bitcoin approaching first weekly decline since Trump’s victory
BITCOIN is headed towards its first weekly decline since Donald Trump’s victory in last month’s US election as a cautious Federal Reserve policy outlook tempers optimism sparked by the...
Never mind Trump, stocks may get a lift in 2025 from resilient US economy and corporate earnings
Singapore investing themes include riding elevated profitability at the banks; hunting for bargains among beaten down Reits; and watching for value unlocking initiativesUS FED chair Jerome Powell sounded almost...