Culture
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 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...
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...
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...
Nestle to cut costs, boost marketing under new CEO
It aims to achieve cost savings of at least 2.5 billion Swiss francs by 2027, in addition to ongoing savings of around 1.2 billion Swiss francsNestle will boost advertising...
Gold hits one-week high on softer US dollar; markets await Fed cues
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal Reserve officials for cues on...
