Business
mm2 Asia seeks to delay S$54 million bond repayment by six years
Embattled entertainment group mm2 Asia has proposed to amend a S$54 million-bond deal that was set for redemption in December. In a…
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Business
From One Luca to Another: What Kering’s New CEO Should Do First
Luca de Meo won’t arrive as Kering’s new chief executive officer until mid-September, but luxury analysts are already drafting a to-do…
Business
These four charts show where AI companies could go next in the US
While the impact of AI on tech hubs like San Francisco and Boston is already being felt, AI proponents believe it will transform work…
Business
US: Wall St opens higher as inflation data, earnings take centre stage
Wall Street’s main indexes opened higher on Wednesday (Jul 16) as investors sifted through new inflation data and digested a fresh round…
Business
Faisal Islam: Inflation complicates next month's rate decision
While the economy started this year strongly, Wednesday saw another example of a surprise to the markets in the wrong direction. In May…
Business
HRnetGroup appoints 10 new business leader co-owners
HRnetGroup has appointed 10 new business leader co-owners, following the retirement and departure of certain leaders, to bring its total…
Business
Barclays fined £42m for poor money laundering checks
Barclays Bank has been fined £42m by the UK's financial watchdog for failures in its money laundering risk management. The Financial…
Business
FLCT to divest commercial building in Australia for A$192.1 million, exiting Melbourne CBD office market
Frasers Logistics & Commercial Trust (FLCT) will divest an office building in Melbourne’s Central Business District (CDB) for A$192.1…
Business
China vows to regulate ‘irrational’ competition in EV industry
The Cabinet will urge the main automakers to fulfil commitments on supplier payment terms and promised to help them boost competitiveness…
Business
Trump says he’s found a way to fire Fed Reserve Chair Powell. Here’s how
President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him…
Business
Guinness-owner Diageo CEO step downs after tough two years, finance chief to lead in interim
Diageo CEO Debra Crew has stepped down after just two years in the job, the world’s biggest spirits maker said on Wednesday (Jul 16), with…
Business
Cathay Cineplexes gets fresh demands to pay up S$3.3 million debt for Century Square, Causeway Point outlets
Embattled cinema chain Cathay Cineplexes has received more repayment demands – this time, a sum exceeding S$3.3 million in rental arrears…
Business
Schneider in talks to buy Temasek’s stake in Indian JV
A potential transaction could value the whole venture at roughly US$5 billion including debt Schneider Electric is considering buying out…
Business
Schneider in talks to buy Temasek’s stake in Indian JV: sources
A potential transaction could value the whole venture at roughly US$5 billion including debt Schneider Electric is considering buying out…
Business
The Fusion of Anti-Zionism and Social Justice
They are united around a shared desire to see the destruction of the West. Source link
Business
Singapore shares rise to new high; STI up 0.3%
Shares on the Singapore bourse closed higher on Wednesday (Jul 16), marking the third straight day the benchmark Straits Times Index (STI)…
Business
Miley Cyrus says she has 'no desire' to tour
Jared Evitts & Yasmin Malik BBC Newsbeat Miley Cyrus says she has "no desire" to go on tour, weeks after releasing her ninth album. The US…
Business
Nvidia is the first $4-trillion company. Here are three things to know
SAN FRANCISCO — Nvidia is already the world’s most valuable company being one of the biggest beneficiaries of the global artificial…
Business
UK fines Barclays US$56 million for lapses in financial crime control
It failed to evaluate money laundering risks while providing services to its clients Stunt & Co and WealthTek Britain’s financial…
Business
Secretive family behind Tetra Pak bets bulk of US$9b on stocks via Singapore entities
A mysterious entity based in the heart of Singapore’s financial district emerged as the biggest shareholder in International Flavors &…
Business
Security and compliance among concerns of banks in granting API access to fintechs
Security and compliance concerns are top of the list when Singapore’s brick-and-mortar banks decide whether to grant fintechs Application…
Business
Five things about Philip Yeo, former EDB chairman and outgoing CDL director
Veteran public servant and economic heavyweight Philip Yeo made headlines on Tuesday (Jul 15), when news broke that he was retiring from…
Business
Co-op boss says sorry to 6.5m people who had data stolen in hack
Joe Tidy Cyber correspondent, BBC World Service Imran Rahman-Jones Technology reporter The chief executive of Co-op has confirmed that all…
Business
This cargo ship is turning its CO2 emissions into green cement
A giant cargo ship is trapping carbon from its exhaust and turning it into cement for use in onshore construction. The technology,…