Business
IReit Global sees risk of losing potential lawsuit as ‘remote’, takes no action for now
The manager of IReit Global does not plan to take any steps to mitigate the impact of a potential lawsuit from its main tenant for now,…
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Business
Business
SoftBank shares hit record high on AI prospects
Shares in SoftBank Group jumped more than 13 per cent to a record high on Friday (Aug 8) in a show of investor support for the Japanese…
Business
Ticker glitch, rising competition deepen woes for Australian bourse
ASX is grappling with rising regulatory pressure and intensifying competition, as shares of Australia’s main exchange operator trail most…
Business
Popiah king Sam Goi makes chain offer for Tat Seng Packaging after PSC offer turns unconditional
Local tycoon Sam Goi has launched a cash offer to buy all shares of Tat Seng Packaging that he does not yet own at S$0.899 apiece. He is…
Business
China cuts coal imports, buys more oil and gas in July
China’s coal imports fell for the fifth time in six months in July as Beijing leans more on domestic mining, while boosting oil and gas…
Business
China cuts coal imports, deepens Asean ties amid trade shifts
China’s coal imports fell for the fifth time in six months in July as Beijing leaned more on domestic mining and boosted oil and gas…
Business
Tata Consultancy Services layoffs herald AI shakeup of US$283 billion outsourcing sector
Indian outsourcing giant Tata Consultancy Services’ (TCS) decision to cut over 12,000 jobs signals the start of a broader AI-fuelled trend…
Business
Thai Airways shares soar to seven-year high after earnings jump
Its market value has reached more than 407.5 billion baht (S$16.2 billion), making it the fifth-largest carrier in Asia Thai Airways…
Business
How to pitch like a pro — lessons from a ‘Shark Tank’ insider
You’ve spent a lifetime building skills, learning lessons, nurturing relationships, and developing a perspective as prescient and powerful…
Business
From rubber roots to risk management: Singapore’s 60-year mastery of global trades
As Singapore turns 60 this weekend, its journey from colonial rubber-trading outpost to one of the most sophisticated commodities…
Business
AI can do your writing, but not your thinking
As a partner at Theory Ventures, a VC firm built around deep technology and market research, I spend my days swimming in information:…
Business
Standard Chartered forms joint venture to issue stablecoins in Hong Kong
DARD Chartered said on Friday that it has formed a joint venture with strategic partners to apply for a license to issue stablecoins in…
Business
Indonesia’s benchmark yield falls to lowest in almost two years
Emerging Asian sovereign bonds have rallied this year as global funds diversified their investments away from US dollar assets Indonesia’s…
Business
Accumulating bitcoin a risky digital rush by companies
US PRESIDENT Donald Trump’s media group and Tesla, the electric carmaker owned by tech billionaire Elon Musk, are among an increasing…
Business
Over 30 companies in IPO pipeline: SGX
More than 30 companies are currently in the Singapore Exchange’s (SGX) initial public offering (IPO) pipeline, according to the group’s…
Business
Asia: Tokyo soars on trade deal relief as Asian markets limp into weekend
JAPANESE stocks rallied on Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue…
Business
Asia: Tokyo soars on trade deal relief as markets limp into weekend
JAPANESE stocks rallied on Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue…
Business
China’s tech giants Alibaba, Baidu, Tencent spook a generation of workers with job cuts
FOR years, a job at one of China’s technology behemoths was a golden ticket for the country’s ambitious youth. Now, a wave of downsizing…
Business
Blackstone makes first hire for Japan private credit origination
The Japanese market has become a vital source of money for private credit funds, as investors from high-net-worth individuals to insurers…
Business
Crocs shares plummet as US shoppers rein in spending
Shares of American footwear firm Crocs have plunged nearly 30% after it warned of a drop in sales as US shoppers rein in their spending.…
Business
Leading ladies: The women heading the biggest family-led hotels in Asia
Kuok Hui Kwong’s appointment as the new chief at Shangri-La Asia is only the latest in a string of women taking over the reins across…
Business
BOJ debated chance of resuming rate hike, July summary shows
Some Bank of Japan policymakers warned of mounting inflationary pressures and one signaled the chance of resuming interest rate increases…
Business
STI stocks fall, as SIA, Genting, OCBC tumble
Shares of several Straits Times Index (STI) constituents fell in early trade on Friday (Aug 8), on the impact of earnings and amid tariffs…
Business
STI, semiconductor stocks fall, as Genting, Sembcorp, SGX decline
Shares of some Straits Times Index (STI) constituents and semiconductor firms fell on Friday (Aug 8), on the impact of earnings reports as…