Business
Norinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talent NORINCHUKIN…
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Business
Business
Singtel’s Q3 profit surges 183.4% to S$1.3 billion on exceptional gains
SINGTEL’S net profit for the third quarter ended Dec 31 climbed 183.4 per cent to S$1.3 billion from S$465 million in the same period the…
Business
HSBC to sell Bahrain retail banking operations as restructuring progresses
The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to BBK HSBC on Tuesday (Feb 18) agreed to…
Business
Stocks to watch: UOB, Singtel, Parkson Retail Asia, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 19). UOB: The lender on…
Business
Meta says it plans to build the world's longest undersea internet cable
Facebook’s parent company Meta said it’s working on the world’s longest undersea cable as part of the social media giant’s efforts to…
Business
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package
UOB on Wednesday (Feb 19) posted a net profit of S$1.52 billion for the fourth quarter ended December, up 8.6 per cent from S$1.4 billion…
Business
Ford cuts bonuses for half of middle managers
FORD Motor is eliminating stock award bonuses for about half of its middle managers in an effort to boost performance as the automaker…
Business
EXCLUSIVE: Mango Coming to Manhattan’s Upper West Side
Mango is bolstering its presence in Manhattan. The global fashion retailer based in Barcelona will open a 13,000-square-foot store at 1976…
Business
Andy Murray: Briton to continue working as Novak Djokovic's coach 'indefinitely'
Novak Djokovic says the partnership with Andy Murray as his coach will continue "indefinitely". Source link
Business
Analysts Give Nike Skims Deal a Thumbs-up — With Some Reservations
Nike is looking to Kim Kardashian to help it right its ship — and Wall Street appears to approve. On Tuesday, the Oregon-based sports…
Business
Jam drummer Rick Buckler dies at 69
Rick Buckler, former drummer in The Jam, has died at the age of 69, his ex-bandmates have confirmed on social media. The Jam rose to fame…
Business
Sources: Saks Global Closings Seen in Toronto, Dallas
Saks Global will close the historic Neiman Marcus flagship in downtown Dallas next month, and could also close its Saks Fifth Avenue…
Business
George Russell has 'no intention' of speaking to Max Verstappen following row
Asked whether he had concerns about the situation, Russell said: "No concerns about him or his driving. I am not going to change my…
Business
Cordlife expects to be in the red for FY2024; ‘no assurance’ of profitability in FY2025
PRIVATE cord-blood bank Cordlife expects to post a loss for the 2024 fiscal year due to the financial fallout from lapses discovered in…
Business
Energy bills forecast to rise by £85 a year
Domestic energy prices are forecast to rise by 5% from April, adding £85 a year to household bills, according to consultancy Cornwall…
Business
Budget 2025: Tax incentives to beef up equities market could have ‘limited impact’, say industry experts
The government will introduce three tax incentives targeting corporate listings, fund manager listings and fund managers’ qualifying…
Business
Meghan puts a new label on her jams and lifestyle range
Sean Coughlan Royal correspondent Meghan, the Duchess of Sussex, has announced a new identity for her lifestyle brand, which will be…
Business
A Rom-Com Worthy Spring Wedding in Vermont at Basin Harbor Club
Corinne and Bryan had a muted spring palette plus navy and champagne. Bryan and Corinne had a rustic New England wedding with a whimsical…
Business
Goldman hoists gold target to US$3,100 on central-bank demand
GOLDMAN Sachs Group raised its year-end gold target to US$3,100 an ounce on central-bank buying and inflows into bullion-backed…
Business
Tourism bounce helps Thai banks trim bad loans from three-year high
NON-performing loans at Thailand’s commercial banks dropped from a three-year high as a post-pandemic tourism recovery boosted debt…
Business
Parkson Retail Asia reports S$5.8 million in Q4 profit
Earnings per share for its continuing operations stands at S$0.0086, down from S$0.0116 previously DEPARTMENT store operator Parkson…
Business
Gold market ructions spur spike in Singapore exports to the US
GOLD shipments from Singapore to the US climbed to the highest level in almost three years in January, a further sign of the ructions in…
Business
Robinhood expects to launch crypto products in Singapore in 2025
ROBINHOOD Markets plans to launch Singapore crypto offerings in 2025 through an entity of European digital-assets exchange Bitstamp, which…
Business
DBS names successors of corporate and SME banking, operations group heads
SINGAPORE’S largest lender DBS named on Tuesday (Feb 18) its two picks for the group head of its corporate and SME banking unit, as well…