Business
US: Stocks shrug off Trump attempt to fire Fed official
Wall Street’s major indexes ticked up Tuesday as investors shook off President Donald Trump’s move to oust a governor from the central…
Section
Business
Business
As Dick’s Sporting Goods Works to Close Foot Locker Acquisition Next Month, Concerns Remain Over New Company’s Future
A new athletic retail powerhouse is one step closer to becoming reality. On Tuesday, Dick’s Sporting Goods noted that all required…
Business
Brazil judge ‘suspends move to halt soy moratorium’
A judge in Brazil has reportedly issued an injunction suspending a move by the country’s competition watchdog to halt the Amazon Soy…
Business
US: Wall St opens subdued after Trump's latest attack on Fed
Wall Street’s main indexes opened slightly lower on Tuesday (Aug 26), pressured by a rise in longer-dated Treasury bond yields after US…
Business
London Stock Exchange wins first approval for private share platform
The London Stock Exchange has become the first company to win regulatory approval to operate a new platform allowing investors to trade…
Business
AT&T to buy wireless spectrum licences from EchoStar for US$23 billion
AT&T said on Tuesday (Aug 26) it will purchase key wireless spectrum licences from EchoStar for about US$23 billion, as the US telecom…
Business
Wing Tai narrows H2 net loss to S$71.1 million
Property developer Wing Tai narrowed its net loss in the second half of its 2025 fiscal year ended Jun 30 to S$71.1 million, down from…
Business
Maybank Q2 net profit up 3.9% on higher investment, trading income
Maybank posted on Tuesday (Aug 26) a 3.9 per cent increase in net profit to RM2.63 billion (S$802.2 million) for the three months ended…
Business
Sea overtakes DBS as South-east Asia’s most valuable company
Shares of the Internet company rise 1.1% in New York for a market capitalisation of US$111 billion Singapore’s Sea Ltd has reclaimed its…
Business
Mercedes-Benz offloads Nissan stake for US$325 million
The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for US$324.65 million, a source with…
Business
When the Man Tried to Sell Minimalism to the Counterculture
“The Man can’t bust our music,” an advertisement in the underground newspaper Berkeley Barb proclaimed, in November, 1968. The…
Business
Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil’s corruption probe
Asset manager Keppel is starting arbitration proceedings against Seatrium for a S$68.4 million claim related to Brazil’s corruption…
Business
Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil corruption probe
Seatrium says it is seeking legal advice and will defend the claim ‘vigorously’ Asset manager Keppel is starting arbitration proceedings…
Business
HSBC fined HK$4.2 million by Hong Kong regulators over disclosure failure
has been fined HK$4.2 million (S$692,427) by Hong Kong regulators over disclosure failures, the regulators said on Tuesday (Aug 26). The…
Business
Escalated Trump-Fed tensions jolt markets; STI down 0.3%
The local bourse closed lower on Tuesday (Aug 26) amid a regional sell-off triggered by US President Donald Trump’s unprecedented…
Business
Escalating Trump-Fed tensions jolt markets; STI down 0.3%
The local bourse closed lower on Tuesday (Aug 26) amid a regional sell-off triggered by US President Donald Trump’s unprecedented…
Business
Thailand to meet this year's rice export target by focusing on strong markets
Thailand is hoping to meet its rice export target of 7.5 million metric tons this year by seeking more deals in markets where demand is…
Business
Suzuki Motor to invest US$8 billion in India over next 5 to 6 years
It will increase production, launch new models and defend its market share in the world’s third-largest car market [HANSALPUR, India]…
Business
GLP secures 2.5 billion yuan investment for China data centre
Logistics company GLP said on Tuesday it had secured an investment of 2.5 billion yuan (S$449 million) from Zhejiang government-backed…
Business
Should investors belt up as Scoot dives into the red for the first time in 12 quarters?
Scoot, the budget offshoot of Singapore Airlines (SIA), has been adding routes to its network, including some that were previously served…
Business
Is Scoot’s first loss in 12 quarters a worrying sign for SIA shareholders?
Scoot, the budget offshoot of Singapore Airlines (SIA), has been adding routes to its network, including some that were previously served…
Business
A*Star biotech spin-off Mirxes trims losses to US$28.4 million as top line grows
Higher revenue is driven by increased contributions from its early detection and precision multi-omics segment Local biotech startup…
Business
Great Eastern sets sights on expanding high net-worth capabilities, doubling new business value
Great Eastern Life – the oldest and longest-established life insurance group in Singapore and Malaysia – has signalled plans to…
Business
Nomura doubles minimum work-from-office requirement in Japan
Nomura Holdings plans to start requiring employees in Japan to spend the equivalent of two days a week in the office – double the current…