Business
Jardine’s DFI says S$125 million sale of Singapore food business not price-sensitive, but investors disagree
Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) explained why it did not announce the divestment of its…
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Business
Business
Sinopec’s 2024 net profit drops 16.8% due to falling oil prices, NEVs
China Petroleum & Chemical Corporation, known as Sinopec, reported a 16.8 per cent decline in 2024 net profit, citing lower crude oil…
Business
DFI sells Singapore food business, including Cold Storage and Giant, for S$125 million to Macrovalue
Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) announced the divestment of its Singapore food business to…
Business
Malaysia to tighten semiconductor regulations under US pressure: FT
Malaysia plans to tighten regulations on semiconductors as it comes under US pressure to staunch the flow to China of chips crucial to the…
Business
M.M. LaFleur Taps Jennifer Cote as Design Director
THIS STORY IS EMBARGOED UNTIL MARCH 24 AT 12:01 A.M. M.M. LaFleur has named Jennifer Cote as design director, the first time the…
Business
National Grid confirms Heathrow had power access during shutdown
The chief executive of the National Grid has confirmed power was available to keep Heathrow open throughout Friday's shutdown. In an…
Business
Jack Ma-backed Ant touts AI breakthrough built on Chinese chips
Jack Ma-backed Ant Group used Chinese-made semiconductors to develop techniques for training artificial intelligence (AI) models that…
Business
Asia: Markets fluctuate as traders prepare for ‘Liberation Day’
Asian markets swung on Monday as the White House prepares to impose tariffs on key trading partners next week that many fear could deal a…
Business
NHS maternity care: What are the problems at the heart of its failures?
Michael Buchanan Social Affairs Correspondent By the entrance to Furness General Hospital in Barrow-in-Furness sits a sculpture of a moon…
Business
BOJ to raise rates if price outlooks to be achieved, deputy governor says
The Bank of Japan would continue raising interest rates if the central bank’s outlooks on the economy and prices are likely to be…
Business
Bank of Japan says to raise rates if price target to be achieved, despite losses on JGBs
Bank of Japan (BOJ) Governor Kazuo Ueda said on Monday (Mar 24) that the central bank will continue to raise interest rates if its…
Business
Tencent upgrades AI model to compete with DeepSeek, Alibaba
Tencent Holdings unveiled an upgraded artificial intelligence (AI) reasoning model, the latest bid by China’s most valuable company to…
Business
Gold edges higher on safe-haven demand, Fed optimism
Gold edged higher on Monday (Mar 24) as concerns over US President Donald Trump’s impending reciprocal tariffs and the potential for…
Business
John Cooper Clarke: 'A national treasure? I hate that'
Ian Youngs Culture reporter John Cooper Clarke is about to become the first poet to headline a UK arena, and is responsible for the lyrics…
Business
BYD earnings may move the needle in market-cap fight with CATL
The carmaker now trades at about 20 times earnings for the next year, below its three-year average, and compares with almost 83 times for…
Business
Stocks to watch: UOB, SIA, Nio, Starhill Global Reit
The following companies saw new developments that may affect trading of its securities on Monday (Mar 24). UOB: Chief executive officer…
Business
AI startup Perplexity confirms interest to buy TikTok
Artificial intelligence (AI) startup Perplexity on Friday (Mar 21) expressed its interest in buying TikTok, which faces a deadline to…
Business
Stumbling stock market raises spectre of dot-com era reckoning
A revolutionary new technology comes along and infatuates investors with its seemingly limitless possibilities. Euphoria sparks a stock…
Business
Miami Open: Novak Djokovic battles past Camilo Ugo Carabelli to reach last 16
Novak Djokovic is through to the last 16 of the Miami Open after a 6-1 7-6 (7-1) win over a spirited Camilo Ugo Carabelli. The Serb,…
Business
Salvaging Qantas just the start as new CEO pledges more to come
[SYDNEY, HONG KONG] Vanessa Hudson could hardly have taken the helm of Qantas Airways at a worse time. The brand was in tatters after a…
Business
Scotland 0-3 Greece: 'A return to the worst of times under Clarke'
Clarke has shown a fantastic capacity to recover from setbacks and there's reason to believe in his ability to do the same again now, but…
Business
Data centres a possibility for Stoneweg European Reit under new sponsor
SWI Group “fully supports” the Reit’s strategy to rebalance its portfolio to focus more on industrial properties and high-quality offices…
Business
Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline
The firm’s Anchor Fund @ 65 mandate complements measures unveiled in MAS equities review group, says management Compared with stock…