Culture
Shareholders can gain from DBS buying back shares, even at record prices
Shareholders benefit when companies actively manage capital, whether through dividends or share buybacksCALL me agnostic. I am happy to receive extra cash, be it from my employer, the government...
Google’s Anthropic AI deal cleared by UK antitrust agency
GOOGLE’S partnership with AI firm Anthropic has avoided further scrutiny after the UK antitrust watchdog concluded it doesn’t qualify for a full blown investigation under merger rules.
Google has...
US: Wall Street opens lower as Russia-Ukraine tensions escalate
Wall Street’s main indexes opened lower on Tuesday (Nov 19), as escalating tensions between Russia and Ukraine sent investors rushing to safe-haven assets.The Dow Jones Industrial Average fell 146.3...
Resorts World Sentosa’s casino licence renewed for a shorter 2 years, likely due to pandemic-related tourism factors
Gambling Regulatory Authority says there is “a number of areas that require rectification and substantial improvement”, recommends that RWS’ next evaluation be carried out in 2026THE authorities have renewed...
Resorts World Sentosa gets shortened 2-year licence renewal on ‘unsatisfactory’ tourism performance
THE authorities have renewed the casino licence of Resorts World Sentosa (RWS), an integrated resort (IR) operated by Genting Singapore, for two years – notably shorter than the standard...
Walmart raises annual forecasts, betting on strong holiday shopping
WALMART on Tuesday (Nov 19) raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries and merchandise online and at its stores,...
Frencken posts 29.3% rise in Q3 profit to S$9.2 million
SEMICONDUCTOR player Frencken on Tuesday (Nov 19) reported a 29.3 per cent increase in profit to S$9.2 million for the three months ended Sep 30, from S$7.1 million the...
Legal documents no longer needed for small claims on a deceased’s CDP assets
The change means relatives of those who die intestate and have assets of S$5,000 or less need not run up legal costs RELATIVES of those who die without having...
US$34 billion asset manager plans to hire in Singapore for climate finance
Mirova currently has 13 employees in Singapore, mostly focused on investment and research Mirova, which manages assets worth about US$34 billion, plans to expand in Asia to tap the...
XPeng forecasts upbeat fourth quarter revenue as new launches improve demand
CHINESE electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday (Nov 19), as a refreshed product line-up and improving domestic market help the company...
