Business
Cordlife says directors committed to waive fees for FY24; defends choice of auditor ahead of EGM
EMBATTLED cord-blood bank Cordlife said that its remaining directors have committed to waive their directors fees for the financial year…
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Business
Business
Chuan Park moves over 60% of units during weekend; Union Square Residences sells about 20% on Saturday
Chuan Park’s strong performance due to lack of new projects in the Lorong Chuan area for years, while Union Square Residences is the third…
Business
Today's "Wordle" #1,240 hints, clues and answer for Sunday, November 10
When Josh Wardle first developed Wordle, during the coronavirus lockdown, the New York-based software engineer surely had no idea he was…
Business
SIA Engineering resumes buybacks after reporting H1 FY2025 results
Over the five trading sessions from Nov 1 to 7, institutions were net sellers of Singapore stocks, resulting in a net institutional…
Business
Suns' Kevin Durant Will Miss Multiple Weeks After Suffering Calf Strain
The Phoenix Suns are off to a hot start to the season; however, they will now be without one of their superstars for some time. Phoenix…
Business
Wall Street bets on new riches ahead in markets all-in on Trump
ALL year, a slew of Wall Street pros have questioned the durability of an indiscriminate risk rally that has fattened stock prices by…
Business
NASA Maintains Mysterious Silence over Hospitalization of 4 Astronauts Following their Return to Earth
NASA held a press conference today to address questions about the hospitalization of four Crew-8 astronauts following their return to…
Business
Global PR Firm Edelman Appoints Rakesh Thukral as New Asia Pacific CEO
Edelman has appointed Rakesh Thukral as its new CEO for Asia-Pacific operations, taking over from Warren Fernandez, who is stepping down…
Business
Singapore's DBS eyes Malaysian bank stakes in expansion push, sources say
SINGAPORE’S biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian…
Business
OpenAI's ChatGPT faces massive outage with thousands of users impacted
MICROSOFT-backed OpenAI said on Friday (Nov 8) night it is facing an issue that has resulted in its popular chatbot ChatGPT being…
Business
4 Most Likely Trade Destinations For White Sox Ace Garrett Crochet
The Chicago White Sox explored the option of trading their two best players Garrett Crochet and Luis Robert Jr. this year. Ultimately,…
Business
Europe: Shares log third week of declines on China, tariff jitters
EUROPE’S benchmark Stoxx 600 logged its third consecutive week of declines on Friday (Nov 8), hurt by underwhelming stimulus measures from…
Business
Tesla hits US$1 trillion market value as Musk-backed Trump win fans optimism
TESLA’S market value breached the US$1 trillion-mark in a sharp rally on Friday (Nov 8), on growing bets of a favourable treatment for CEO…
Business
Delivery Hero’s Talabat to launch over US$1 billion Dubai IPO next week: sources
TALABAT, the Middle East business of Delivery Hero, plans to launch its Dubai initial public offering next week, three people familiar…
Business
Old Chang Kee H1 profit rises 42% to S$6.2 million
CURRY puff maker Old Chang Kee on Friday (Nov 8) posted a net profit of S$6.2 million for the six months ended Sep 30, climbing 42 per…
Business
Pierre Cardin to be hit with EU antitrust fine for cross-border sales curbs: sources
FRENCH fashion house Pierre Cardin is set to be fined in the coming weeks for licensing and distribution deals with German clothing maker…
Business
Sembcorp Industries to sell waste management unit to Indonesian energy company for S$405 million
ENERGY and urban development company Sembcorp Industries on Friday (Nov 8) announced that it intends to sell its wholly owned unit…
Business
Ikea reports higher profit despite revenue hit from price cuts
INTER Ikea, the owner of the world’s biggest furniture brand, reported higher profits for 2024 thanks to lower interest payments, despite…
Business
F&N FY2024 earnings rise 12.7% to S$150.2 million on higher revenue
BEVERAGE and publishing company Fraser and Neave (F&N) on Friday (Nov 8) announced a 12.7 per cent rise in net profit to S$150.2 million…
Business
India’s Tata Motors posts surprise Q2 profit drop on weak sales
INDIA’S Tata Motors reported a surprise drop in second-quarter profit and its first revenue decline in 10 quarters on Friday (Nov 8), hurt…
Business
AI startup funding hit a record in L.A. area last quarter. Here's who got the most money
The Bay Area has long held the title for attracting the most venture capital funding in the nation, and that naturally includes the hot…
Business
State Bank of India beats Q2 profit view but lending margin shrinks
STATE Bank of India, the country’s largest lender by assets, beat second-quarter profit estimates on Friday (Nov 8), helped by higher…
Business
Singapore banks lead STI rally to 17-year high; index up 1.4%
THE Straits Times Index (STI) continued to rally on Friday (Nov 8), hitting a 17-year high. It was up 1.4 per cent or 50.88 points at…
Business
China’s car sales jump in October as automakers rush to meet annual goals
CHINA’S passenger vehicle sales jumped 11.2 per cent in October year on year, the second straight monthly rise and the fastest growth…