Culture
Citigroup to take US$1.1 billion loss on Russian business unit sale
Other lenders have also scaled back, with Goldman Sachs gaining approval earlier this year to sell its business in Russia[NEW YORK] Citigroup said that it expects to post a...
Oil settles up over 2% on dented peace hopes in Ukraine, tensions in Yemen
Strong Chinese waterborne crude imports are also helping tighten oil markets, said UBS analyst Giovanni Staunovo[BENGALURU] Oil prices settled more than US$1 a barrel higher on Monday (Dec 29)...
What Is Brand Tracking? Definition, Benefits and Top Companies of 2025
The construction industry is increasingly shifting from traditional word-of-mouth referrals to digital marketing strategies. More clients are researching suppliers and service providers online, meaning only companies with a strong...
SoftBank to buy DigitalBridge in US$4 billion deal to bolster AI infrastructure push
The investment firm funds digital infrastructure sectors such as data centres, cell towers, fibre networks and others[BENGALURU] SoftBank will acquire digital infrastructure investor DigitalBridge in a deal valued at...
Blackstone’s AirTrunk is said to explore Singapore Reit IPO
Discussions with prospective advisers say the offering can raise more than US$1 billion, and take place as soon as 2026[SINGAPORE/HONG KONG] AirTrunk, the Australian data centre operator that Blackstone...
Wall St opens lower as rally pauses in final week of 2025
[NEW YORK] Wall Street’s main indexes opened lower on Monday (Dec 29), as heavyweight technology stocks gave up some ground from last week’s gains which had pushed the S&P...
Singapore stocks close lower amid silver rally; STI inches down 0.05%
[SINGAPORE] Singapore stocks ended lower on Monday (Dec 29), tracking a mixed regional performance, while silver climbed above US$80 an ounce.The benchmark Straits Times Index (STI) lost 0.1 per...
Singapore stocks close lower amid silver rally; STI inches down 0.1%
[SINGAPORE] Singapore stocks ended lower on Monday (Dec 29), tracking a mixed regional performance, while silver climbed above US$80 an ounce.The benchmark Straits Times Index (STI) lost 0.1 per...
mm2 Asia unit receives payment demand for S$18.9 million from creditor
[SINGAPORE] A unit of embattled entertainment group mm2 Asia on Monday (Dec 29) said it has received a payment demand for S$18.9 million, even as the parent company secured...
China to pay interest on digital yuan in bid to boost adoption
Whether the new interest-bearing arrangements will promote significantly wider adoption of the E-CNY remains unclearCHINA is about to start paying interest on its official digital currency in a fresh...
