Business
Straits Trading unit to divest South Korea logistics property for 432 billion won
The Straits Trading Company is divesting a freehold logistics facility in Incheon, South Korea, for 432 billion won (S$377.6 million) as…
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Business
Business
Citigroup to lay off more employees in March
Citigroup is expected to lay off more employees in March following a round of about 1,000 job cuts this month, according to two sources…
Business
Louise Bourgeois’s Art Can Still Enthrall
In recent years, Noche Flamenca, New York’s finest flamenco troupe, has been taking inspiration from the art of Francisco Goya. The…
Business
Singapore stocks track global rally; STI up 1.3% after hitting new high
Singapore stocks ended higher on Friday (Jan 23), tracking a global rally in markets. The benchmark Straits Times Index (STI) hit a new…
Business
Starhill Global Reit wins arbitration proceedings against Myer over Adelaide mall lease
Department store chain alleged that the mall was ‘substantially empty of suitably presented retail stores’ The manager of Starhill Global…
Business
Starhill Global Reit wins arbitration proceedings over Adelaide mall lease
Department store chain Myer had alleged that the mall was ‘substantially empty of suitably presented retail stores’ The manager of…
Business
DBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts DBS Group…
Business
Why Indonesia’s rupiah hit a record low in January
Indonesia’s rupiah has been under sustained pressure for months as investors grow uneasy about the country’s fiscal outlook and the…
Business
Jollibee’s Highlands Coffee is said to consider US$400 million IPO in Vietnam
The Philippine fast-food operator plans to list its international business in the US Highlands Coffee is exploring an initial public…
Business
Hong Kong-listed J&T Global Express aims to raise HK$4.7 billion for tech, overseas expansion
The proceeds will be used to develop the group’s overseas business and technology advancement Indonesian courier services firm J&T Global…
Business
Hao Mart and owner sue OG over Good Class Bungalow mortgage, claiming S$57.5 million
This is the second court case that involves OG and Hao Mart, arising from the lease of the Taste Orchard premises Supermarket operator Hao…
Business
Indonesia’s Merdeka Gold is said to hire banks for Hong Kong listing
Deliberations are ongoing, and the size and timing of the deal are still under discussion Indonesian miner Merdeka Gold Resources has…
Business
Bank of Japan keeps rates steady, raises growth and inflation forecasts
The Bank of Japan kept interest rates steady on Friday and raised its economic and inflation forecasts, signalling its readiness to…
Business
UOB soars over 3% to hit record as OCBC also hits a high; STI jumps 1%
Shares of OCBC Bank and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-new peak. UOB shares rose…
Business
UOB soars 3.6% to hit record as OCBC also hits a high; STI jumps 1%
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-new peak. UOB shares rose 3.6…
Business
UOB soars 3.6%, hitting record alongside OCBC; STI up 1% to new peak
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-new peak. UOB shares rose 3.6…
Business
UOB soars 4%, hitting record alongside OCBC; STI up 1.1% to new peak
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB shares rose 4…
Business
UOB soars 4%, OCBC jumps 3% to new records, driving STI to all-time high
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB shares surged…
Business
UOB, OCBC hit records, drive STI to all-time high
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged as much…
Business
UOB, OCBC hit record highs; STI reaches all-time peak
Shares of UOB and OCBC hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged 5 per…
Business
China’s AI stocks with killer apps are winning investor favour
Profitable app makers are trading more cheaply than some of the more overheated tech segments As China’s homegrown artificial intelligence…
Business
Gold, silver and platinum extend record-setting rally
Gold notched another record high on Friday (Jan 23), while silver and platinum also extended gains to hit all-time peaks, powered by…
Business
Surging memory chip prices dim outlook for consumer electronics makers
AL demand for smartphones, personal computers and gaming consoles is expected to shrink this year as companies from Britain’s Raspberry Pi…
Business
SGX seeks public feedback on changes to board lot sizes
The Singapore Exchange (SGX) on Friday (Jan 23) said that it is seeking feedback from the public on proposed changes to reduce the…