Business
Foxconn to invest up to NT$42 billion in AI compute cluster, supercomputing centre
The investment will be made from December 2025 to December 2026 using its own funds Taiwan’s Foxconn said that its board of directors has…
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Business
Business
Philippine banks to lead profit growth among regional peers
Philippine banks, helped by robust loans, are poised to deliver the highest net interest income growth among South-east Asian lenders this…
Business
Singapore court orders Ron Sim’s LAC to return GNC stores, pay US$18.9 million in franchise dispute
The court finds that LAC had wrongfully terminated its agreement after ‘secretly’ preparing to rebrand all of the US health supplement…
Business
Singapore court orders Ron Sim’s LAC to hand over GNC store leases, pay US$18.9 million in franchise dispute
Court finds LAC had wrongfully terminated its agreement after ‘secretly’ preparing to rebrand the US health supplement retailer’s 54…
Business
Singapore court grants GNC rights to Ron Sim’s LAC store leases, awards US$18.9 million damages in franchise dispute
Court finds LAC wrongfully terminated its agreement after preparing to rebrand the US health supplement retailer’s 54 stores here; LAC is…
Business
Paramount to ax 1,000 jobs Wednesday in first round of cuts
Paramount Skydance will begin a major round of layoffs with 1,000 job cuts on Wednesday (Oct 29), according to a source familiar with the…
Business
Paramount to axe 1,000 jobs Wednesday in first round of cuts
Paramount Skydance will begin a major round of layoffs with 1,000 job cuts on Wednesday (Oct 29), according to a source familiar with the…
Business
Philippine peso falls to new record low on rate view, outflow
The Philippine peso fell past the key psychological level of 59 per US dollar to an all-time low, putting pressure on the central bank to…
Business
Philippine peso falls to record low on rate view, outflow
The Philippine peso fell past the key psychological level of 59 per US dollar to an all-time low, putting pressure on the central bank to…
Business
Singapore drafts framework for cross-border trade of renewable energy certificates within Asean
The framework aims to help countries standardise their approaches for the tracking and accounting of cross-border RECs Singapore, along…
Business
Gold hovers near two-week low as US-China trade optimism dents demand
Gold prices hovered n Tuesday (Oct 28) near their lowest in more than two weeks, as optimism over a possible US-China trade deal dented…
Business
Seatrium bags S$170 million worth of new contract wins ahead of Q3 results
Seatrium on Tuesday (Oct 28) announced that it has clinched S$170 million worth of new repair and upgrade contracts comprising major…
Business
Stocks to watch: Cordlife, Seatrium, First Reit, CICT, KIT, Keppel Pacific Oak
The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 28): Cordlife: The cord blood…
Business
Stocks to watch: Cordlife, Seatrium, First Reit, CICT, KIT, Keppel Pacific Oak US Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 28): Cordlife: The cord blood…
Business
Keppel Pacific Oak US Reit 9-month distributable income falls 14.8% to US$30.4 million
Decline is mainly due to lower cash rental income from higher free rents, increase in finance and other trust expenses Keppel Pacific Oak…
Business
Keppel Infrastructure Trust 9-month distributable income up 59.2% at S$168.9 million on divestment gains
Keppel Infrastructure Trust on Tuesday (Oct 28) reported a distributable income of S$168.9 million for its first nine months of 2025, up…
Business
Keppel Infrastructure Trust 9M distributable income up 59.2% at S$168.9 million on divestment gains
Keppel Infrastructure Trust on Tuesday (Oct 28) reported a distributable income of S$168.9 million for its first nine months of 2025, up…
Business
CICT’s Q3 net property income rises 1.6% to S$294.4 million
CapitaLand Integrated Commercial Trust’s (CICT) net property income (NPI) grew 1.6 per cent year on year to S$294.4 million for the third…
Business
AMD’s AI chips to power supercomputers at US Energy Department lab
Advanced Micro Devices (AMD) is teaming up with the US Energy Department to develop a pair of supercomputers at the Oak Ridge National…
Business
Amazon targets as many as 30,000 corporate job cuts: sources
The figure represents a small percentage of Amazon’s 1.55 million total employees, but nearly 10 per cent of its roughly 350,000 corporate…
Business
Amazon to cut 14,000 jobs across corporate workforce
The tenure of Amazon’s CEO Andy Jassy has been punctuated by job cuts and the shuttering of various projects Amazon.com said it was…
Business
Wall St scales fresh highs on tech earnings, US-China trade optimism
US-listed shares of Argentine companies have jumped after President Javier Milei’s election victory Wall Street’s main indexes posted…
Business
Wall Street scales fresh highs on tech earnings, US-China trade optimism
US-listed shares of Argentine companies have jumped after President Javier Milei’s election victory Wall Street’s main indexes posted…
Business
Europe: Shares close at record highs as signs of thaw in US-China tensions build
Investors are focused on central bank policy meetings this week for clues on their interest rate trajectory European shares closed at…