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Alibaba integrates e-commerce platforms into a single business unit
ALIBABA Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business…
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Alibaba combines e-commerce arms to tackle growing competition
Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for…
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Singapore stocks fall amid regional sea of red; STI down 0.1%
SINGAPORE shares closed slightly lower on Thursday (Nov 21) as regional indices ended in the red, with the imminent threat of US trade…
Business
China’s Baidu says advertisers still subdued as revenue falls 3%
CHINA’S Baidu on Thursday (Nov 21) said it had not yet seen any notable improvement in advertising spending patterns or consumer spending…
Business
Chinese broker Futu cuts 5% of staff as global expansion slows
CHINA’S online brokerage Futu Holdings is reducing its headcount by about 5 per cent as it reassesses the firm’s strategy to expand…
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South Korea’s AI chip investor announces plan for share buybacks
SK SQUARE, the holding company of SK Hynix, a maker of artificial intelligence chips, on Thursday (Nov 21) announced a plan to buy back…
Business
How will shipping giant's move affect major port?
As a major container shipping company announces its larger vessels will stop using the Port of Felixstowe, what impact will that have?…
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Deadly Israeli air strikes hit Gaza - reports
Hospital officials in northern Gaza say many people have been killed in overnight Israeli air strikes. Gazan rescue teams say search…
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India’s Adani Group sees US$22 billion in value wiped off after US indictments
SHARES of Adani Group companies lost about US$22 billion in market value in early trade on Thursday (Nov 21) after US prosecutors charged…
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US indictments scythe US$27 billion off value of India’s Adani Group firms
ADANI Group companies lost about US$27 billion in market value on Thursday (Nov 21) after US prosecutors charged the Indian conglomerate’s…
Business
Starbucks is said to consider selling stake in Chinese business
STARBUCKS is exploring options for its Chinese operations including the possibility of selling a stake in the business, according to…
Business
Chinese healthcare businesses wade into South-east Asia for cost-efficiency, growth
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies expanding into region…
Business
China’s healthcare businesses wade into South-east Asia for cost-efficiency, growth
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies to expand into region…
Business
Kioxia market value set at 750 billion yen, Japan chipmaker to receive listing approval: sources
BAIN-BACKED Kioxia will have a market value of about 750 billion yen (S$6.5 billion) based on the indicative price for its initial public…
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…
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…
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Diddy accusers' lawyer will name celebrity accusing him of "extortion"
Tony Buzbee, an attorney representing 120 people alleging sex crimes against Sean "Diddy" Combs, is going to file a lawsuit against the…
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…
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Toucan’s on the Beach announces re-opening
BAY COUNTY, Fla. (WMBB) – In its heyday, Toucan’s on the Beach brought in people from all over the region to enjoy shrimp, tuna, oysters,…
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McDonald’s readies new US value lineup to entice diners back
MCDONALD’S is launching a new US value platform in an attempt to woo budget-conscious diners. The new lineup, called McValue, includes an…
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Israel strikes hit south Lebanon, killing at least 9 people
Israel's army bombed targets near the coastal city of Tyre in Lebanon late Wednesday, killing at least nine people and wounding 65 others,…