Business
Asia: Markets mixed as Nvidia falls short of hopes, eyes on Trump
ASIAN markets were mixed on Thursday (Nov 21) as another blockbuster earnings from chip titan Nvidia smashed forecasts but still left…
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Business
Business
Bitcoin climbs closer to US$100,000 on Trump’s support for crypto
BITCOIN closed in on the historic US$100,000 level, fuelled by optimism that President-elect Donald Trump’s support for crypto heralds a…
Business
Hyundai unveils big electric SUV in fast-growing market
HYUNDAI Motor unveiled its first three-row electric SUV on Wednesday (Nov 20), pushing into a market for big family cars that global…
Business
Padres $50 Million Shortstop Predicted To Betray San Diego For Hated Rival
✓ Link copied to clipboard! The Los Angeles Dodgers and the San Diego Padres are one of the bitterest rivalries in all of baseball. These…
Business
Canada’s Manulife signs C$5.4 billion reinsurance deal to lower risk
CANADA’S Manulife Financial will reinsure C$5.4 billion (S$5.2 billion) of its reserves as it looks to transfer some risk from its…
Business
KPMG to spend US$100 million on AI partnership with Google Cloud
KPMG said on Wednesday (Nov 20) it would spend US$100 million over the next four years to bolster its enterprise artificial intelligence…
Business
Maybank eyes Johor-Singapore SEZ for growth; targets 25% profit contribution from Singapore by 2027
The zone could generate a need for financing among companies – an area Maybank is eager to support THE upcoming Johor-Singapore Special…
Business
Data centres the standout performers among S-Reits in Q3; analysts have mixed views on the sector overall for Q4
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest rates DATA centres turned…
Business
Red Sox $50 Million Star Outfielder Projected To Cut Ties With BOS For Cubs
Share ✓ Link copied to clipboard! The Boston Red Sox are set to be very aggressive in free agency this winter. They're rumored to be in on…
Business
Eurozone banks are vulnerable to US funding squeeze: ECB
The growing dependence on US dollars and the stronger link between banks and non-banks pose risks to the eurozone’s financial system…
Business
Amos Group extends offer closing date to Dec 12
OFFSHORE oil and gas equipment manufacturer Amos Group on Wednesday (Nov 20) extended the deadline for shareholders to accept the offer…
Business
Apple makes US$100 million investment proposal for new plant in Indonesia
TECH giant Apple has made a US$100 million investment proposal to Indonesia to build a plant to manufacture accessories and components,…
Business
Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024,…
Business
In data: APAC outperforms amid global decline in deal activity
GlobalData reports that the Asia-Pacific (APAC) region recorded 11,808 deals, including mergers & acquisitions (M&A), private equity and…
Business
Singapore stocks fall amid mixed regional showing; STI drops 0.4%
Nikkei 225 ends 0.2% lower, while Kospi is up 0.4%; Bursa loses 0.3% and Hang Seng closes 0.2% higher SINGAPORE stocks closed lower on…
Business
China smartphone sales drop 9% y/y over Singles’ Day shopping festival
Apple sales fell year-over-year by double-digit percentages, Huawei’s sales increased by 7%, while Xiaomi’s sales declined by 6%. APPLE…
Business
ADIA, GIC said nearing Pye-Barker Fire & Safety minority stake
The Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are in advanced talks to acquire a minority stake in Pye-Barker Fire &…
Business
This Mets-White Sox Trade Sends $3 Million Ace To Big Apple For Prospects
Share ✓ Link copied to clipboard! ESPN's Jesse Rogers recently did a poll of 18 MLB executives and insiders where he asked a plethora of…
Business
Red Sox Listed As Top Candidate For Braves' $160 Million Star Pitcher
✓ Link copied to clipboard! The Boston Red Sox are looking to add pitching in the biggest way this winter. Their lineup was good enough to…
Business
Dyna-Mac to delist after close of exit offer
OFFSHORE oil-and-gas contractor Dyna-Mac will delist from the mainboard of the Singapore Exchange (SGX), following the close of offeror…
Business
Singapore shares rise at Wednesday’s open; STI up 0.2%
SINGAPORE stocks began trading higher on Wednesday (Nov 20) morning following a mixed performance in world indices. As at 9.03 am, the…
Business
Stocks to watch: CLI, Keppel DC Reit, Koh Brothers Eco, Frencken, GuocoLand
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 20): CapitaLand Investment…
Business
CLI to acquire initial 40% interest in SC Capital Partners for S$280 million
CAPITALAND Investment (CLI) has agreed to buy an initial 40 per cent stake in Singapore-headquartered real estate investment manager, SC…
Business
Hello Kitty’s looking pretty at 50 (and worth more than ever)
HELLO Kitty is famously the height of just five apples. But these days, the more striking statistic is that she’s worth more than 1…