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Ellison rivals Musk as world’s richest man with US$70 billion gain
[NEW YORK] Larry Ellison is closing in on Elon Musk for the title of the world’s richest person.
His fortune soared US$70 billion after Oracle reported quarterly results after market...
Wegovy-maker Novo Nordisk to cut 9,000 jobs in restructuring
[COPENHAGEN] Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5 per cent of its workforce, in a restructuring to save eight billion Danish crowns (S$1.6 billion) annually, it...
Deutsche Bank hires trio for Asia Pacific credit trading, sales
[HONG KONG] Deutsche Bank hired three for its Asia Pacific credit trading and sales desk, underscoring high demand for staff, as finance professionals shift among banks in the region.The...
US raid disrupts construction at multiple South Korean battery plants
The company is building three other production lines in Arizona, Michigan and Ohio[SEOUL] The immigration raid at an LG Energy Solution-owned battery plant in Georgia has disrupted construction at...
Asia: Markets rally as new US jobs data fans rate cut hopes
ASIAN markets extended gains on Wednesday following a record day across Wall Street as fresh data pointing to a weakening US jobs market ramped up expectations for a series...
KKR, Blackstone turn India into Asia’s buyout HQ after China dip
The South Asian nation offers strong economic expansion, with broader investment opportunities across sectors from infrastructure to manufacturing[MUMBAI] Global asset managers from KKR to Blackstone are ramping up investments...
LHN makes progress with proposal to list Coliwoo, delisting from Hong Kong bourse
[SINGAPORE] Co-living business Coliwoo on Tuesday (Sep 9) received a letter from the Singapore Exchange Securities Trading (SGX-ST) that declared it to be conditionally eligible for a listing on...
Stocks to watch: Frasers Property, SingPost, HRnetGroup, LHN, Sim Leisure
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 10): Frasers Property : Its chief executive officer of emerging markets, Asia,...
Former Meta researchers testify company buried child safety studies
META systematically suppressed internal research highlighting serious child safety risks on its virtual reality platforms, according to allegations from current and former employees who testified to Congress on Tuesday.The...
Apple holds down new iPhone prices amid threats of Trump tariffs
[CUPERTINO, California] Apple on Tuesday introduced an upgraded line of new iPhones, including a slimmer iPhone Air, and held prices steady amid US President Donald Trump’s tariffs that have hurt the...
