Business
JPMorgan’s Jamie Dimon on succession, Singapore model, AI, US economy in exclusive BT interview
Global banking titan believes Singapore has big chance to be bigger financial hub; talks about succession, AI and US economy When JPMorgan…
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Business
Business
PepsiCo plans layoffs as it looks to wrap up Elliott talks
Companies have frequently requested staff to work from home in recent years ahead of layoffs PepsiCo announced a series of operational…
Business
US stocks end lower as investors wait for Fed rate decision
Technology companies have been looking to override disparate laws passed by US states Wall Street’s main indexes closed lower on Monday…
Business
European shares subdued at close amid caution ahead of week’s Fed rate decision
Global markets have gained in the last few weeks on rising expectations of a Fed cut in December European shares ended subdued on Monday…
Business
Moody’s downgrades Genting Bhd and two subsidiaries
Move reflects Malaysian giant’s “already-weak position” due to prolonged deleveraging amid slow earnings recovery, says ratings agency…
Business
Private credit, core-plus infrastructure could offer ‘good risk-reward’ in 2026: Temasek CEO
Private credit and core-plus infrastructure assets could put investors looking to diversify from equities in a “good risk-reward” position…
Business
US stocks open higher as investors await Fed rate cut decision
Wall Street’s main indexes opened modestly higher on Monday (Dec 8) as investors priced in expectations that the Federal Reserve will…
Business
IBM accelerates cloud drive with US$11 billion Confluent deal as AI demand booms
Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models IBM said on Monday (Dec…
Business
Indonesia fines dozens of palm oil, mining companies US$2.3 billion for operating in forest areas
The task force handed over 1.5 million hectares of plantations to state firm Agrinas Palma Nusantara An Indonesian government task force…
Business
NESO unveils clean power project pipeline to unlock yearly $53.3bn investment
The National Energy System Operator (NESO) has announced a new pipeline of energy projects that will be fast-tracked for connection to…
Business
Bank of England plans staffing cuts because of budget pressures
The Bank of England is planning to reduce head count as its finances become strained by the cost of the modernisations recommended by Ben…
Business
OCBC invests in low-carbon steel in Malaysia’s Sabah
The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated…
Business
Singapore stocks end lower amid mixed regional trading; STI down 0.5%
Singapore stocks ended lower on Monday (Dec 8), amid mixed trading in the region. The benchmark Straits Times Index (STI) lost 0.5 per…
Business
Vietnam's Export Revenue Surpasses US$280 Billion as High-Value Goods Drive Growth
Vietnam recorded strong trade performance over the recent period, with export earnings exceeding US$280 billion, driven largely by…
Business
Courts, Prism+ rapped by consumer watchdog for misleading website features
The watchdog urges consumers to review their shopping carts, verify payment amounts and question urgency claims The Competition and…
Business
Largest Vietnam fund manager eyes UpCom listing in first quarter
The country has made notable progress this year in easing market access for overseas investors Vietnam’s biggest fund manager Dragon…
Business
Chalhoub Group at 70: Rewriting the Playbook
DUBAI — For seven decades, Chalhoub Group has built its empire by bringing the world’s most prestigious luxury brands to the Middle East.…
Business
CEO TALKS: Galeries Lafayette’s Nicolas Houzé Talks Big Investment Bets as ‘Boring Retail Is Dead’
PARIS — Retail runs in Nicolas Houzé’s blood. A fifth-generation member of the French family behind Galeries Lafayette, Houzé joined the…
Business
South Korea Pushes No-Fault Liability After Upbit Hack
Photo by BeInCrypto South Korean regulators are pushing strict no-fault liability rules on cryptocurrency exchanges, following a $28…
Business
Crypto exchange Binance gains regulatory win in Abu Dhabi
Binance Holdings has won three separate licenses from Abu Dhabi’s financial regulator, giving the crypto exchange giant one of its most…
Business
Shell resumes Indonesian sales after restrictions curbed supply
Shell has resumed petrol sales at its retail stations in Indonesia after import restrictions curbed supply and left its outlets…
Business
Microsoft “aggressively” looking at South-east Asian clean energy projects amid data centre boom
The tech giant will also “take a very close look” at Singapore’s latest call to build new data centres Microsoft is looking into…
Business
Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk
Oil prices hovered at two-week highs on Monday (Dec 8) as investors expect a likely US Federal Reserve interest rate cut this week to lift…
Business
This newly listed stock soared 500% in 3 months - what’s its rocket fuel?
Shares of semiconductor optics company Metaoptics dived as much as 18 per cent on Monday (Dec 8) morning. The counter opened at S$1.26 on…