Culture

Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push
The job cuts also underscore how artificial intelligence is changing corporate workforce dynamicsPublished Wed, Jan 28, 2026 · 06:54 PM[SAN FRANCISCO] Amazon said on Wednesday (Jan 28) it was...
Hong Kong banks to see wealth ‘windfall’ as fees jump: report
Risk appetite also remains “firm” thanks to expectations of further interest rate cuts by the Federal Reserve through the yearPublished Wed, Jan 28, 2026 · 12:24 PM[HONG KONG] Hong...
UPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM[WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last...
SoftBank-backed analytics firm Patsnap weighs dual listing in Hong Kong and Singapore
Published Tue, Jan 27, 2026 · 09:42 PM[SINGAPORE] Patsnap, an intellectual-property data provider, is mulling a dual listing in Hong Kong and Singapore, according to people familiar with the...
JD.com’s Jingdong Property files for Hong Kong IPO
Published Tue, Jan 27, 2026 · 02:02 PM[SINGAPORE] Jingdong Property, a Chinese logistics infrastructure manager majority owned by e-commerce major JD.com, has filed for an initial public offering (IPO)...
Aramco raises US$4 billion in first bond sale of year
Saudi Arabia’s budget remains heavily dependent on oil revenue as the kingdom pursues an ambitious modernisation drivePublished Tue, Jan 27, 2026 · 08:15 AM[DUBAI] Saudi Aramco priced a US$4...
S&P 500, Dow open slightly higher with big tech results
Published Mon, Jan 26, 2026 · 10:42 PM[NEW YORK] The S&P 500 and the Dow opened slightly higher on Monday (Jan 26), as investors braced for a heavyweight run...
OUE Reit H2 DPU up 10.6% at S$0.0125
However, revenue falls 4.2% due to no contributions from Lippo Plaza Shanghai, which the Reit had divested[SINGAPORE] The manager of OUE Real Estate Investment Trust (Reit) on Monday (Jan...
Keppel Infrastructure Trust secures S$100 million loan facility
[SINGAPORE] The trustee-manager of Keppel Infrastructure Trust (KIT) on Monday (Jan 26) announced that it has obtained a S$100 million loan facility.It has also secured 50 million euros (S$75.3...
CICC rebuilds IPO pipeline to focus on ‘most promising’ deals
Talent retention remains a strategic focus for CICC amid industry-wide competitionPublished Mon, Jan 26, 2026 · 08:50 PM[BEIJING] China International Capital Corporation (CICC) is rebuilding its pipeline of initial...
Low Keng Huat privatisation crosses 90% threshold
Consistent Record’s final offer of S$0.78 a share is 8.3% or S$0.06 higher than its initial price[SINGAPORE] Mainboard-listed construction and property developer Low Keng Huat (LKH) is set to...
Mapletree Logistics Trust Q3 DPU falls to S$0.01816
Amount distributable to unitholders declines 8.5% year on year to S$92.7 million in Q3[SINGAPORE] Mapletree Logistics Trust (MLT) posted a distribution per unit (DPU) of S$0.01816 for the third...