Business
Revisions confirm Japan GDP contraction, backing Bank of Japan caution
Most economists expect the central bank to delay further rate hikes, with a majority anticipating no change in coming months Japan’s…
Section
Business
Business
Japan confirms GDP contraction, backing Bank of Japan’s cautious stance
Japan’s economy contracted in the first quarter, a revised estimate confirmed on Monday (Jun 9), weakness that supports the Bank of…
Business
China says it may speed up rare earths application approvals from EU
China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict…
Business
‘Very clever’; ‘lost confidence’: Shareholders react to OCBC’s latest exit offer for Great Eastern
OCBC on Friday (Jun 6) made a conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in…
Business
BYD unleashes an EV industry reckoning that alarms Beijing
The price war engulfing China’s electric vehicle (EV) industry has sent share prices tumbling and prompted an unusual level of…
Business
Stocks to watch: OCBC, CapitaLand Investment, Sasseur Reit, Thakral
The following companies saw new developments that may affect trading of their securities on Monday (Jun 9). OCBC: The bank has made a…
Business
Private assets giant Brookfield expects alternative investments to replace public markets in 25 years
Bruce Flatt, the billionaire chief executive officer of Toronto-based Brookfield, is understandably bullish on the prospects of…
Business
Geely chairman says global auto industry faces ‘serious overcapacity’
Chinese automakers that have been building plants abroad include BYD, Chery Auto and Great Wall Motor Geely’s chairman and founder Li…
Business
US, China to resume trade talks with focus on rare earth exports
Top trade negotiators from the US and China are set to hold fresh talks in London on Monday (Jun 9), offering a glimmer of hope that the…
Business
Demand for AI-related talents increasing globally across sectors
It has been an active market for global roles in the area of artificial intelligence (AI), with several top-level appointments being…
Business
GEH, OCBC’s proposals a victory of sorts for minorities who have held out, endured suspension
When Great Eastern Holdings (GEH) and its controlling shareholder OCBC put forward a two-pronged plan last week to resolve the insurer’s…
Business
Nasdaq 100 sees mixed signals amid trade optimism and technical divergence
The Nasdaq 100 Index has seen a strong rally from April through early June 2025, buoyed by optimism surrounding US-China trade…
Business
Little known sweet potato producer Zixin Group could be a treat for investors
Catalist-listed Zixin Group is hardly considered a household name on the Singapore Exchange (SGX). The company describes itself as “a…
Business
Goldman CIO service suddenly catches on in Japan after 10 years
It took more than a decade of trying, but Goldman Sachs last year landed the first client for its business of helping institutions manage…
Business
Chinese managers take reins at TikTok Shop in US as sales miss goal
ByteDance, TikTok’s parent company, has been replacing US-hired staff near Seattle with managers connected to China, aiming to replicate…
Business
ECB’s Schnabel says now is right time to boost role of euro
European Central Bank Executive Board member Isabel Schnabel sees a favourable moment now to strengthen the euro’s global role as…
Business
Meta in talks for scale AI investment that could top US$10 billion
Meta Platforms is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, according to people…
Business
Arina East Residences sells 10 out of 107 units as booking opens
Freehold development Arina East Residences sold about 9 per cent of its 107 units on Saturday (Jun 7), at an average price of about…
Business
Arina East Residences sells 10 out of 107 units at average price S$3,000 psf as booking opens
Freehold development Arina East Residences sold about 9 per cent of its 107 units on Saturday (Jun 7), at an average price of about…
Business
What does the delisting proposal by Great Eastern mean for the minorities as well as majority shareholder OCBC?
As OCBC makes a conditional exit offer of S$900 million at S$30.15 per share to Great Eastern Holdings’ (GEH’s) shareholders, The Business…
Business
What’s a Neighborhood Restaurant Without a Neighborhood?
Industry City, an enormous waterfront complex in Sunset Park, has in recent years reinvented itself as a hub for small businesses and tech…
Business
UBS’s US$26 billion capital hit isn’t quite as bad as it seems
THE US$26 billion headline capital charge to protect Swiss taxpayers from the risk that UBS Group ever fails is worse than anyone…
Business
Group CEO Ng Chin Siau increases his stake in Q & M
Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional…
Business
Group CEO Ng Chin Siau increases stake in Q & M
Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional…