Business
David Ponzo Named Deputy CEO at Tiffany & Co.
Tiffany & Co. has named David Ponzo deputy chief executive officer. In the newly defined and expanded role, Ponzo takes on the duties of…
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Business
Business
HSBC on course for £300 billion valuation, top executive says
Weeks after its market value rose above £200 billion (S$344.6 billion) for the first time in its history, HSBC Holdings is now on course…
Business
Market watchers view SIA-Air India’s commercial cooperation favourably
SIA’s brand premium is unlikely to be diluted as both carriers continue to maintain their respective brands Industry watchers view…
Business
Singapore stocks fall amid heightened geopolitical tensions; STI down 0.3%
Across the broader market, losers outnumber gainers 319 to 250 after two billion securities worth S$1.3 billion change hands Singapore…
Business
From Changi vaults to Asian markets, silver rallies even as caution grows
Heavy investor buying has pushed the metal into a persistent supply deficit despite softening industrial and jewellery demand From bullion…
Business
Thailand approves US$2 billion PCB manufacturing investment by joint venture led by Taiwan's ZDT
Thailand’s investment board said on Monday (Jan 19) it had approved an investment worth US$2.08 billion by a joint venture led by Taiwan’s…
Business
Thailand approves US$2 billion PCB manufacturing investment by joint venture
Thailand’s investment board said on Monday (Jan 19) it had approved an investment worth US$2.08 billion by a joint venture led by Taiwan’s…
Business
Singapore bourse targets global macro funds in Japan rates push
Singapore Exchange will introduce futures on longer-dated Japanese government bonds as trading in the world’s third-biggest debt market…
Business
India’s central bank proposes linking Brics’ digital currencies: sources
US President Donald Trump has previously said the bloc alliance is “anti-American” and he threatened to impose tariffs on its members…
Business
FCT weighs Johor Bahru retail threat with RTS Link, bets on Northern Singapore
Retail sales leakage to Johor Bahru is expected to increase from about 4 per cent to about 5 per cent The manager of Frasers Centrepoint…
Business
India fines IndiGo record US$2.45 million over mass flight cancellations
The airline has acknowledged that poor pilot roster planning was the main cause of the disruption India’s aviation regulator on Saturday…
Business
Britain eases rules for companies to raise funds
Britain’s revamped framework for raising capital came into force on Monday, aiming to make it easier and cheaper for listed and private…
Business
Point72 expands office space in Hong Kong’s Henderson Tower
Point72 Asset Management has signed a deal to take more space for its upcoming office in The Henderson, a skyscraper in Hong Kong’s…
Business
CGSI downgrades DBS to ‘hold’ on ‘muted’ Q4 performance forecast; S$60.50 target price unchanged
FY2026 could post a larger-than-expected drop in earnings due to downside risks, says CGSI CGS International (CGSI) has downgraded its…
Business
Micron says ‘unprecedented’ memory shortage to last beyond 2026
PC makers have also warned they are likely to be affected by the ongoing shortage Nvidia supplier Micron Technology said an ongoing memory…
Business
Micron says AI-driven memory crunch is ‘unprecedented’
PC makers have also warned they are likely to be affected by the ongoing shortage Nvidia supplier Micron Technology said an ongoing memory…
Business
GKE to expand storage and logistics operations to Dubai by 2028
The new facility aims to serve MNCs from the chemical, manufacturing, pharmaceutical and semiconductor industries GKE Corporation is…
Business
China’s aluminium output hits record, steel below one billion tonnes
CHINESE aluminium output rose to an all-time high last year, climbing above the country’s capacity limit, while steel fell to a seven-year…
Business
Bank of Singapore appoints Collins Chin as global CFO
He takes up the new role after having been the head of investor relations at the bank’s parent, OCBC The Bank of Singapore on Monday (Jan…
Business
Rupiah may sink past record low as fiscal woes erode BI support
The central bank is expected to keep its policy rate unchanged when it meets on Wednesday to anchor the currency Indonesia’s rupiah looks…
Business
Raffles Education seeks shareholder nod on RMB426.4 million sale of private college in China
Raffles Education is seeking shareholder approval for the proposed sale of its China asset for 426.4 million yuan (S$75.9 million) via an…
Business
Raffles Education seeks shareholder nod on 426.4 million yuan sale of private college in China
An extraordinary general meeting will be held on Feb 3; share price jumps almost 9% Raffles Education is seeking shareholder approval for…
Business
Raffles Education seeks shareholder nod for dual sale of China asset, Merchant Road property
Two extraordinary general meetings will be held on Feb 3; share price jumps 19.3% Raffles Education is seeking shareholder approval for…
Business
Petronas names new COO following Sarawak gas dispute: report
The company has also been struggling with declining profits and last year announced it was cutting around 10% of its workforce Petroliam…