Business
Australia’s central bank holds rates steady, signals no rush to hike
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending Australia’s…
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Business
Business
Australia’s central bank holds rates steady, rules out further cuts
Bond yields spike to a 13-month high after governor Bullock says that price risks have ‘tilted to the upside’ Australia’s central bank…
Business
US Justice Department accuses two Chinese men of trying to smuggle Nvidia chips
Prosecutors estimate that the scheme had been in operation since at least November 2023, according to court documents Two Chinese men are…
Business
Singapore-focused investors look to tech sector for growth: poll
Even as the tech sector takes a beating across the world, Singapore-focused investors believe it will attract the most investment across…
Business
Bath & Body Works CEO Daniel Heaf Maps Out Strategy to Reignite the Sleeping Giant
Daniel Heaf, chief executive officer of Bath & Body Works, is wasting no time as he looks to turn around what he refers to as a sleeping…
Business
Fewer women then men want promotions
From return-to-office mandates, anxiety about AI taking (or reshaping) jobs, and a highly competitive atmosphere for recent graduates and…
Business
Vietnam’s Vingroup to develop US$3 billion ecosystem in Telangana, strengthens India push
VinFast, despite its ongoing global expansion, continues to report widening losses Vietnam’s largest conglomerate Vingroup on Tuesday (Dec…
Business
Google says first AI glasses with Gemini will arrive in 2026
Competition is heating up in the emerging category of AI and augmented reality, or AR, glasses Alphabet’s Google said that it’s working to…
Business
Aster invests US$155 million to expand Singapore’s Bukom refinery capacity
Aster Chemicals and Energy said on Tuesday (Dec 9) that it has invested US$155 million in rejuvenation projects at its Bukom refining…
Business
Zohran Mamdani says he will move into Gracie Mansion as New York mayor
New York City Mayor-Elect Zohran Mamdani will live in the Manhattan mansion that his predecessors have called home, leaving behind a…
Business
Most markets track Wall St losses amid jitters about Fed rate trajectory
Bets on a third successive cut have surged on the back of data pointing to a weakening jobs market Most stocks fell in Asia on Tuesday…
Business
Hong Kong exchange, regulator ask banks to maintain quality of IPO applications
The Hong Kong securities regulator and the stock exchange said that they have jointly asked investment banks to ensure that they maintain…
Business
Hong Kong asks investment banks to ensure IPO applications maintain standards
More than 300 companies have filed to list in the city, most of them from mainland China Investment banks preparing Hong Kong initial…
Business
Crypto exchange HashKey seeks up to US$215 million from Hong Kong IPO
HashKey Holdings, operator of Hong Kong’s largest licensed crypto exchange, is seeking to raise as much as HK$1.67 billion (S$279 million)…
Business
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold edged higher on Tuesday (Dec 9), even as investors pulled back slightly on US rate cut bets, reflecting caution that the US Federal…
Business
Watch: Nasa astronaut and cosmonauts begin voyage back to Earth
Nasa's Jonny Kim, accompanied by Roscosmos cosmonauts Sergey Ryzhikov and Alexey Zubritsky, are on their way back to Earth from the…
Business
Granite Asia raises US$350 million for fund backed by Temasek, Khazanah, INA
Asia’s private credit market is projected to grow 46% to US$92 billion by 2027, according to a report. Granite Asia, a Singapore-based…
Business
SingPost raises standard domestic mail rates by S$0.10
The new prices are S$0.62 for standard regular mail and S$0.90 for standard large mail On Tuesday (Dec 9), Singapore Post (SingPost)…
Business
Hungry mothers on dirty wards, finds ongoing maternity review
Michael BuchananSocial affairs correspondent Hungry mothers, dirty wards and poor care are blighting England's maternity services while…
Business
10 of the Best Uniqlo Basics
With 2026 right around the corner, it's time to stock up on some easy basics that'll support your wardrobe next year. As a Los Angeles…
Business
Stocks to watch: OCBC, Jardine Matheson, Mandarin Oriental, SingPost
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 9): OCBC: The bank’s mezzanine…
Business
Mandarin Oriental shareholders approve Jardine Matheson privatisation offer
Shareholders of Mandarin Oriental International on Monday (Dec 8) voted in favour of Jardine Matheson’s cash takeover bid that values the…
Business
Jardine Matheson’s bid to privatise Mandarin Oriental gets shareholders’ nod
The required majority are in favour of the scheme of arrangement at US$3.35 a share Shareholders of Mandarin Oriental International on…
Business
Nvidia wins Trump’s approval to sell H200 AI chips in China
The company sells the more advanced Blackwell generation in the US and is preparing to shift to an even speedier family of chips called…