Business
TSMC smashes forecasts with record profit, flags more US factories
Its results come as Taiwan signalled that a tariff deal with the US could come soon TSMC, the world’s main producer of advanced AI chips,…
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Business
Business
SK Hynix speeds up new chip fab opening to meet memory demand, executive says
SK Hynix plans to accelerate the opening of a new factory by three months and will also begin operating another new plant in February, a…
Business
Fed officials stress independence as rate hold signals mount
A slew of US Federal Reserve officials spoke to the importance of central bank independence on Wednesday (Jan 14) in response to questions…
Business
Europe’s Stoxx 600 ends at record high, lifted by healthcare, chemical stocks
EUROPEAN shares closed at a record high on Wednesday, buoyed by gains in chemicals and healthcare stocks, while investors also monitored…
Business
US stocks: Wall Street indexes end lower, led by drop in tech and bank shares
US STOCKS fell on Wednesday, led by a drop in the Nasdaq with technology shares declining as investors moved into more defensive areas,…
Business
CBS Shares Update on Minnesota ICE Shooting—With Huge Red Flag
Need any more proof that CBS News is being transformed into a mouthpiece for Donald Trump’s administration? Look no further than its…
Business
Why is Meta laying off workers again?
Social media giant Meta said it’s cutting more than 1,000 workers and closing several content studios as it focuses its efforts on…
Business
Stop Chasing Funding, Start Chasing Customers
There’s a lie many founders hear on day one: you need outside money to build a real business. You don’t. The first step isn’t a pitch…
Business
First Sponsor expects net loss for H2, full year 2025 on forex losses
Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar First…
Business
Wall Street slides at open as investors assess results from big banks
Wall Street’s main indexes fell at the open on Wednesday (Jan 14) as investors digested earnings from Bank of America and Citigroup, while…
Business
Vera is Built to Succeed Where Most Financial Apps Fail
AI coaching is expanding rapidly across industries, from health and wellness to career development. In finance, however, the risks are…
Business
Alibaba and JPMorgan are said to invest in chip designer Montage’s HK listing
Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in…
Business
Catalist-listed MoneyMax proposes transfer to SGX mainboard
Pawnbroker MoneyMax Financial Services is looking to transfer its listing to the mainboard of the Singapore Exchange (SGX), from its…
Business
Parsons to lead infrastructure design of New Murabba phase one
New Murabba Development Company, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), has appointed Parsons as the Infrastructure…
Business
Baidu is said to explore upgrading HK listing to primary status
This will help it qualify for cross-border trading, opening up investment flows from the mainland to Hong Kong Baidu is considering…
Business
Bank of America profit climbs as trading surges in volatile markets
Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased…
Business
HSBC considers selling Singapore insurance business: sources
HSBC Holdings is exploring options for its insurance unit in Singapore, including a sale, people familiar with the matter said, following…
Business
CICT to develop, own commercial component of mixed-use Hougang Central site
The trust gains an ‘attractive entry yield’ with an expected yield on cost of more than 5% CapitaLand Integrated Commercial Trust (CICT)…
Business
Diesel Names Andrea Rigogliosi New CEO
MILAN – Almost three years after the exit of Eraldo Poletto, Diesel has named a new chief executive officer. Andrea Rigogliosi is joining…
Business
Advanced Systems Automation makes pre-conditional offer for Asti shares
If the deal materialises, the offeror intends to amalgamate the semiconductor businesses of both companies Advanced Systems Automation…
Business
Trump’s credit card cap will hurt consumers and economy: JPMorgan
It is a surprise move that has blindsided the industry, and has sent financial banking stocks tumbling Top JPMorgan executives, including…
Business
DBS unlocks S$1 billion in AI value in 2025
But as Singapore’s lenders seek to ride the wave, agentic artificial intelligence’s rise poses challenges for local banking talent DBS…
Business
Toku seeks brand recognition in fight with giants with Catalist listing
A listing on the Catalist board of the Singapore Exchange (SGX) will raise the profile of Toku’s customer experience platform when it…
Business
Catalist-aspirant Toku to sell 65 million shares at S$0.25 apiece for its initial public offer
The company will raise net proceeds of S$13.7 million; post-listing, it will execute its expansion plans A listing on the Catalist board…