Business
The 50-Year Mortgage Would Make Things Worse for Gen Z
This is not the answer to the housing crisis. Source link
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Business
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the…
Business
1MDB drops JPMorgan, Coutts from US$1.1b lawsuit
Malaysia state firm 1MDB dropped its court action against JPMorgan and Coutts, The Edge reported. The two banks were part of Malaysia’s…
Business
Venture posts 8.3% fall in Q3 earnings amid softness in consumer tech
The company is ‘ramping up activities for hyperscale data centres’, including network connectivity solutions Technology player Venture…
Business
Goldman set for record advisory year after US$110 million fee on EA’s take-private deal
A 2025 M&A rebound has lifted US bank deal revenue, with Goldman outpacing its rivals Goldman Sachs Group’s biggest-ever M&A payday may be…
Business
SIA posts 67.8% drop in net profit to S$238.5 million for H1 FY2026; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which were not included in previous year’s results…
Business
SIA posts 82.1% drop in net profit to S$52 million for Q2; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which are not included in previous year’s results…
Business
Pfizer looks to sell stake in pandemic vaccine partner BioNTech
Pfizer is looking to sell its remaining stake in Covid-19 vaccine partner BioNTech, a remnant from one of the pandemic’s most lucrative…
Business
STI inches higher on Thursday, tracking regional benchmarks
Singapore stocks ended higher on Thursday (Nov 13), tracking regional peers. The benchmark Straits Times Index (STI) gained 0.2 per cent…
Business
Marco Polo Marine unit clinches NT$4.7 billion project for research vessel in largest contract win
The project marks the company’s strategic expansion into high-value, specialised vessel construction Integrated marine logistics company…
Business
Tencent posts 15% revenue jump, sustaining growth without splashy AI bets
China’s most valuable company reports sales of 192.9 billion yuan for the three months ended September [SHENZHEN, China] Tencent Holdings…
Business
What to say to coworkers who get laid off
Seeing peers lose their jobs has a way of making people weird. It’s not much different from grief. When someone loses a loved one, you can…
Business
Singtel remains ‘fully behind’ Optus despite outages and lacklustre returns
Singtel chief says it has to ‘work very hard to rebuild the trust and the confidence’ the outages have taken Minority shareholders of…
Business
‘Colleague-zoned’: How work jargon is seeping into romantic relationships
One X user named Julia recently shared screenshots of an email exchange with her boyfriend in which she was, in her own words,…
Business
Hapag-Lloyd’s nine-month profit drops 50% as shipping market volatility persists
Security risks and US policy shifts unsettle demand and freight rates, hurting shipping profits German container shipping firm Hapag-Lloyd…
Business
Alibaba prepares major revamp of flagship AI app to rival ChatGPT
Alibaba Group Holding is preparing an overhaul of its main mobile AI app in coming months to help it more closely resemble OpenAI’s…
Business
Most companies are one resignation away from a leadership crisis
If talent is the oxygen of a company, succession planning is the life-support system. Yet too many organizations treat it like an org…
Business
DBS, Ant International expand partnership to boost cross-border payments
Singapore’s biggest bank DBS Group and Ant International have signed a memorandum of understanding to expand their partnership and scale…
Business
EXCLUSIVE: Roberto Coin Opening New Boutiques in NYC and Las Vegas
Roberto Coin is bringing more of its legacy Stateside with the opening of two new boutiques, the next chapter in the Italian jeweler’s…
Business
Toyota opens US battery plant, confirms US$10 billion investment plan
TOYOTA Motor said on Wednesday it had begun production at its US$13.9 billion North Carolina battery plant as it ramps up hybrid…
Business
EXCLUSIVE: JOD, a Natural Skin Care Brand With Stick Format, Is Fundraising
PARIS – JOD, a French natural skin care brand with products in stick format, is finalizing its first fundraising round based on a…
Business
MAS to trial issuance of tokenised bills
The Monetary Authority of Singapore (MAS) announced that it will be trialling the issuance of tokenised bills to primary dealers, which…
Business
MAS to trial issuance of tokenised bills, releases guidelines for AI in financial sector
The Monetary Authority of Singapore (MAS) will be trialling the issuance of tokenised bills to primary dealers, which will then be settled…
Business
Asia: Stocks stutter with focus on Fed, tech after US reopen vote
ASIAN markets trod water on Thursday as euphoria over the end of a record US government shutdown petered, with focus back on Federal…