Business
ST journalist wins Financial Story of the Year award
Angela Tan recognised for scoop on Kwek family feud; Lianhe Zaobao, CNA938, The Edge Singapore also bag awards Senior business…
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Business
Business
Dominican Republic: 'Cascade of failures' causes nationwide blackout
The Dominican Republic has experienced a nationwide power cut which officials said was linked to a failure in the electricity transmission…
Business
Gold gains for fourth day on softer dollar, Fed rate-cut optimism
GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US…
Business
Bitcoin traders are still rattled after US$340 billion wipeout
BITCOIN is struggling to stage a meaningful recovery after last month’s stumble, with signs of fatigue continuing to mount across crypto…
Business
F&N full-year profit falls 6.4% to S$141.3 million despite higher revenue in F&B segment
Beverage and publishing company Fraser and Neave (F&N) on Wednesday (Nov 12) announced a 6.4 per cent fall in net profit to S$141.3…
Business
Stocks to watch: Singtel, F&N, SBS Transit, CLAR, Prime US Reit, Stoneweg Europe, BHG Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 12): Singtel: Singtel posted a…
Business
Costa Coffee attracts takeover interest from backer of China’s Luckin
CENTURIUM Capital, the private equity backer of fast-growing Chinese chain Luckin Coffee, is considering a bid for UK cafe operator Costa…
Business
Valuetronics posts 2.7% higher H1 profit of HK$93 million
The board declares an interim dividend of HK$0.04 per share and a special dividend of HK$0.04 per share Electronics manufacturing services…
Business
Daiwa House Logistics Trust 9M distributable income drops 8.4% to S$23.4 million
The manager of Daiwa House Logistics Trust (DHLT) on Wednesday (Nov 12) posted a distributable income of S$23.4 million forthe nine months…
Business
Why did SoftBank sell off its Nvidia stake?
On Tuesday, SoftBank, the Japanese financial giant, announced plans to dump all 32 million of its shares in Nvidia, the AI chip maker. The…
Business
Google rolls out Apple-like message summaries for Pixel phones
ALPHABET’S Google is adding new artificial intelligence features to its Pixel devices, including iPhone-like message summaries and…
Business
Singtel H1 earnings nearly treble to S$3.4 billion on one-off gains
Telecommunications giant Singtel on Wednesday (Nov 12) revised its operating companies’ (Opco) earnings before interest and tax (Ebit)…
Business
Google unveils 5.5 billion-euro investment in Germany
GOOGLE unveiled its biggest-ever investment in Germany on Tuesday, pledging 5.5 billion euros (S$8.3 billion) for a new data centre and…
Business
Data centers have huge water and carbon impacts. Building them in these states could reduce that
When Amazon proposed building its Project Blue data center in Tucson, Arizona, the company faced intense pushback. Residents raised…
Business
The RealReal’s Stock Soars to 38% Gain as Outlook Brightens
After 14 years of ups and downs, Wall Street is ready to believe again that The RealReal Inc. just might be the next big thing. Shares of…
Business
Europe: Stocks close at record high, led by buoyant healthcare shares, hopes for end to US shutdown
EUROPEAN shares closed at a record high on Tuesday, led by healthcare stocks, as investors anticipated an end to the US government…
Business
US: Dow notches record high close, traders bet on end to government shutdown
THE Dow Jones Industrial Average surged to a record high close on Tuesday, lifted by progress toward ending the longest US government…
Business
Oil up as investors balance sanctions risks, oversupply worries
Oil prices gained about US$1 on Tuesday on the impact of the latest US sanctions on Russian oil and the optimism over a potential end to…
Business
Missoni May Soon Become Part of the Authentic Brands Portfolio: Sources
Authentic Brands Group is in exclusive negotiations to purchase the Missoni brand, according to sources. If things go according to plan, a…
Business
Mercedes: Toto Wolff set to sell stake in deal which values F1 team at £4.6bn
The other shareholders in the team are Mercedes and chemicals giant Ineos, who each also own a third of the company. A Mercedes…
Business
Consumer watchdog CFPB to run out of money early next year after Justice Dept. rules funding illegal
The Consumer Financial Protection Bureau, a Wall Street cop signed into law by President Obama, is about to run out of money after the…
Business
Watchdog group demands OpenAI withdraw Sora 2 over deepfakes, privacy
The tech industry is moving fast and breaking things again—and this time it is humanity’s shared reality and control of our likeness…
Business
What On Could Say About Growth Prospects When It Posts Q3 Results
Shares of On Holdings AG have been trading off its highs as investors worry about future prospects amid a resurgence at Nike Inc. The…