Culture
Procter & Gamble’s job cuts raise questions over possible impact on 2,300 staff and operations in Singapore
Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing…
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Culture
Culture
Hello Kitty owner overtakes Toyota in stock turnover
Shares of Sanrio, which was added to MSCI’s Japan index last month, jumped 12% in May Hello Kitty owner Sanrio surpassed Japan’s biggest…
Culture
Singapore stocks rise post Trump-Xi talks; STI up 0.4%
Across the broader market, gainers beat losers 266 to 205 as 849.5 million securities worth S$1.1 billion change hands. The local bourse…
Culture
Modi launches US$5.4 billion rail project in Jammu and Kashmir
India’s Prime Minister Narendra Modi inaugurated the world’s tallest railway bridge connecting the restive Kashmir valley with the rest of…
Culture
Licensed digital token service providers to mainly serve Singapore-based customers: MAS
The bar for licensing is high and it will generally not issue one, the regulator notes Digital token service providers (DTSP) will not be…
Culture
Digital token service providers need licence to solely serve overseas customers: MAS
Digital token service providers (DTSP) will need a licence to serve overseas customers only, said the Monetary Authority of Singapore…
Culture
Japan curry shops see record bankruptcies as rice prices soar
Thirteen curry shops with more than 10 million yen (S$89,345) in debt filed for bankruptcy in the year ending in March A record number of…
Culture
Container shipping rates soar, impact on shippers outside China felt
Sea cargo rates have surged, with those for the voyage from Shanghai to the US particularly steep, fuelled by pent-up demand and…
Culture
Gold could test US$4,000 an ounce amid fiscal fears, escalating trade tensions: market watchers
While gold has cemented itself above US$3,000 an ounce in 2025 amid trade uncertainty and US fiscal fears, a bullish forecast could see…
Culture
India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction,…
Culture
MAS, SPF to block website access to Octa and XM unlicensed trading platforms from Jun 20
The websites of unlicensed trading platforms Octa and XM will be blocked for Singapore residents with effect from Jun 20, said the…
Culture
Teo Chee Hean to succeed Lim Boon Heng as Temasek chairman in October
Former senior minister Teo Chee Hean will become chairman of Temasek Holdings in October, taking over from Lim Boon Heng, Temasek said on…
Culture
Cordlife collection rates have not recovered to pre-incident levels, but resumption of Singapore operations are ‘encouraging’
Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining…
Culture
Cordlife collection rates still under pre-incident levels, but resumed Singapore operations are ‘encouraging’
Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining…
Culture
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg.…
Culture
Lightstone Ventures, Temasek’s ClavystBio co-lead Allay Therapeutics’ US$57.5 million Series D funding
The company’s technology is used to create analgesic products that can aid patients with post-surgical pain management and recuperation…
Culture
Asia: Markets wobble as Trump-Xi talks offset by Musk row
Asian markets stuttered on Friday as optimism from “very positive” talks between presidents Donald Trump and Xi Jinping was wiped out by…
Culture
Gold rises as weak US data offsets optimism from Trump-Xi call
GOLD rose on Friday and was set for weekly gains, as a spate of weak US economic data outweighed optimism from President Donald Trump’s…
Culture
Keppel divests S$80 million of assets as part of multi-billion dollar monetisation programme
Asset manager Keppel is divesting its stakes in a New-York based company and a logistics park in China to unlock more than S$80 million…
Culture
US Treasury says Bank of Japan should continue to tighten policy
The Bank of Japan should continue to proceed with monetary tightening, which would support a “normalisation of the yen’s weakness” and…
Culture
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing…
Culture
HSBC chair Tucker to return to Asia insurer AIA after overseeing bank overhaul
HSBC Holdings’ high-profile chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, after having…
Culture
Amazon cuts more jobs, this time in books division
Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday. The…
Culture
Broadcom gives tepid forecast, missing loftiest expectations
BROADCOM, a chip supplier to companies like Alphabet and Apple, gave a lackluster revenue forecast for the current quarter, suggesting…