Business
Malaysia scores record flows as bond investors favour Asia
Bond investors fleeing the United States are finding a haven in stable and lucrative Asian debt markets, with Malaysia leading the pack as…
Section
Business
Business
Today's AI Updates: OpenAI Brings Image Creation to WhatsApp As Microsoft Rolls Out Smart AI Agent for Windows PCs
As the race to lead the artificial intelligence boom intensifies, top technology firms are leaving no stone unturned in their efforts to…
Business
China’s rare earth exports slump in May as magnet sales curbed
The data for last month shows the extent to which export controls in place since early April had curbed shipments China’s exports of rare…
Business
BlackRock launches absolute return hedge fund for retail investors in Singapore and Hong Kong
BlackRock has launched an Asia-Pacific-focused hedge fund for retail investors in Singapore and Hong Kong, the world’s largest asset…
Business
EDB, US aerospace giant RTX sign MOU to invest, partner in AI and skills development
The deal, which details a 10-year road map to further long-term strategic collaboration, affirms Singapore’s role as a key hub for RTX’s…
Business
Wilmar to buy over Nigeria-incorporated palm oil business from British JV partner for US$70 million
Wilmar International is buying the remaining stake it does not already own in a Nigeria-incorporated palm oil business from its…
Business
China will hike quota for investors buying overseas assets
The move follows a period of relative calm in the value of the yuan against the US dollar, fuelled by growing questions about the…
Business
China car trade-in subsidy halted in some areas as funds run low
China’s trade-in subsidy to boost sales of electric and fuel-efficient vehicles has been suspended in key cities across at least six…
Business
China’s central bank says to promote digital yuan, multi-polar currency system
Pan Gongsheng expects several key global currencies to coexist in mutual competition and checks and balances China’s central bank governor…
Business
Wilmar International down 4% after Jakarta’s seizure of 11.8 trillion rupiah from Wilmar Group in graft case
The shares of Wilmar International fell on Wednesday (Jun 18) morning after the Indonesian authorities seized 11.8 trillion rupiah (S$928…
Business
Singtel’s Optus reaches settlement over alleged sales misconduct, including A$100 million proposed penalty
Optus Mobile has reached a settlement with the Australian Competition and Consumer Commission (ACCC), which filed court proceedings…
Business
Why Owning Your Position Is Crucial for Business Success
Recently, I’ve been advising a good friend who’s launching a new custom orthotics company after several successful business exits. His…
Business
A Forgotten Surrealist’s Paintings Return to New York
When Ford returned to his gallery, he entered Orlik’s name into Artnet, the art-price database. His search yielded barely any results.…
Business
Thai Airways exits debt restructuring plan with court approval
Thai Airways International won court approval to exit a debt restructuring programme, paving the way for resumption of trading in its…
Business
Competition watchdog flags Agoda’s Singapore website, mobile app for potentially misleading features
Singapore’s competition watchdog has raised concerns with Agoda over several design features on its Singapore website and mobile…
Business
Julius Baer’s new CEO takes on old guard to revamp Swiss bank
On his first day as chief executive officer, Stefan Bollinger told staff at Julius Baer Group that they should not be afraid to speak up…
Business
Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, the two…
Business
Nippon Steel shares rise after Trump approves US$14.9 billion US Steel bid
Nippon Steel shares rose on Monday after US President Donald Trump approved its US$14.9 billion bid for US Steel, clearing a key hurdle in…
Business
Malaysia’s oil giant Petronas looks abroad to help cut production costs
Petroliam Nasional (Petronas), Malaysia’s state-owned oil and gas company, is looking to expand output from more affordable assets abroad…
Business
Leonard Lauder, billionaire heir to cosmetics empire, dies at 92
Leonard Lauder, who built Estee Lauder into one of the world’s biggest cosmetics makers and catapulted himself into the top echelon of…
Business
Indonesia bourse mulls extending trading window by one hour
The Indonesian stock market currently operates in a seven-hour window of 9.00 am to 4.00 pm Indonesia’s stock exchange will consider…
Business
Some SGX-listed energy stocks surge as oil prices rally on Israel-Iran conflict
Shares of oil and gas companies listed on the Singapore Exchange (SGX) such as Rex International and RH PetroGas rose by more than 6 per…
Business
Bank of Japan to weigh slowdown in bond buying cuts after volatility rises
The Bank of Japan (BOJ) is set to consider whether to taper its bond purchases at a slower pace while also leaving its benchmark interest…
Business
Stocks to watch: Suntec Reit, ESR Reit, Sabana Industrial Reit, Acrophyte Hospitality Trust, Fu Yu
THE following companies saw new developments that may affect trading of their securities on Monday (Jun 16): Suntec Reit; ESR Reit; Sabana…