Business
Could Musk damage OpenAI even if his $100bn bid for it fails?
OpenAI's board of directors has officially rejected Elon Musk's nearly $100bn offer for the maker of what is the world's best-known…
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Business
Business
The treasure trove of art worth billions 'hidden' in Tehran
Armen Nersessian BBC World Service It has been dubbed one of the world's rarest treasure troves of art but few people outside its host…
Business
Gold gains as investors eye Trump tariff moves
GOLD prices edged higher on Monday (Feb 17) after falling more than 1 per cent in the previous session as market participants awaited more…
Business
Australia’s Star Entertainment gets potential lifeline as Oaktree offers debt refinancing
Oaktree’s offer is subject to numerous conditions and there is no certainty it will progress Star says STAR Entertainment Group received a…
Business
Australian unit of ComfortDelGro probes media allegations of wrongful conduct
AN AUSTRALIAN unit of ComfortDelGro is investigating allegations of wrongful conduct made by several media companies, and it is…
Business
HSBC investors back CEO’s investment banking retrenchment
INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s…
Business
Singapore shares open higher on Monday; STI up 0.3%
SINGAPORE equities began Monday (Feb 17) in positive territory, following mixed performance in the US and Europe last Friday. As at 9.01…
Business
SingPost appoints former execs of SGX and SIA Engineering as non-executive, independent directors
SINGAPORE Post (SingPost) on Monday (Feb 17) announced the appointment of two new non-executive, independent directors, Chng Lay Chew and…
Business
Stocks to watch: Keppel DC Reit, Centurion, ComfortDelGro, SingPost, SIAEC, Paragon Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 17): Keppel DC Real Estate…
Business
Keppel DC Reit divests German data centre for 50 million euros
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the…
Business
Applied Materials falls as export controls weigh on outlook
APPLIED Materials, the largest US maker of chip-manufacturing equipment, fell after issuing a lukewarm revenue forecast for the current…
Business
Scams: 'Fake bailiffs said they'd take my furniture'
Shari Vahl Reporter, You and Yours A man has described how criminals pretending to be bailiffs almost tricked him into paying thousands of…
Business
Xi-Jack Ma chat seen as next catalyst for blistering China rally
A POTENTIAL encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering run by tech shares,…
Business
Bank of Japan nearing end of bank stock sales shifts focus to ETF assets
THE Bank of Japan (BOJ) is on course to finish offloading millions of US dollars of stocks that it bought from beleaguered banks during…
Business
Westpac posts higher quarterly profit as loan volumes grow, late repayments decline
AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said a widely awaited…
Business
Australia set for first rate cut since 2020 as trade risks mount
AUSTRALIA’S central bank is poised to cut interest rates for the first time in four years even as the board remains alert to potential…
Business
STI’s new high: A narrow group of companies unlocking value, lifting profitability has driven the run
GIC shouldn’t allocate funds to ‘pump-prime’ the market; another vehicle should be formed to seize the economic benefits of a more vibrant…
Business
Tax incentives proposed by MAS review group not a ‘silver bullet’, say experts
TAX deductions and lower corporate tax rates may be among the incentives that the MAS equities market review groupconsiders as part of…
Business
Philippe Clement: Win over Hearts a mere 'stay of execution' for Rangers' boss?
Hearts strike legend John Robertson rued his former side's missed chances. "Kabangu had six or seven opportunities," he said on BBC…
Business
Chloe Kelly: Happy return for Arsenal forward in fresh start
With Arsenal cruising when Kelly was introduced, she slotted into a free-flowing frontline and created opportunities. She hit the crossbar…
Business
Jacob Kiplimo breaks half marathon world record by 48 seconds
Uganda's Jacob Kiplimo became the first person to run a half marathon below 57 minutes as he shattered the world record by 48 seconds in…
Business
Broadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports
Intel’s rivals Taiwan Semiconductor Manufacturing Co (TSMC) and Broadcom are each eyeing potential deals that would break the US…
Business
Aviva’s India arm hit with US$7.5m fine for fake invoice scheme
Indian authorities have ordered British insurer Aviva’s local unit to pay US$7.5 million in back taxes and penalties after an…
Business
LevelK Inks Multiple Deals on Sex Positive Comedy ’Sudden Outburst of Emotions’ and ’Dancing Queen in America’ at EFM (EXCLUSIVE)
Just a few days after market kick-off in Berlin, sales and agregator outfit LevelK has closed a raft of deals on its two female-helmed…