Culture
GIC, Silver Lake complete US$1.7 billion acquisition of billing software firm Zuora
A GIC affiliate and global technology investor Silver Lake have completed their US$1.7 billion acquisition of US-billing software company…
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Culture
Culture
Musk’s Starlink races with Chinese rivals to dominate satellite internet
SPACE is about to get more crowded for Elon Musk. The billionaire’s Starlink communications network is facing increasingly stiff…
Culture
From tech to financial services: Layoffs and job cuts in 2025
RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries.…
Culture
PBOC’s policy flip-flop sows confusion over timing of rate cuts
AT A rare press briefing back in September, China’s central bank chief Pan Gongsheng unveiled a stimulus blitz that spurred optimism for…
Culture
Malaysia’s flooded palm problems to persist for another month
MALAYSIAN oil palm plantations that have been inundated with rain this year are not likely to see production recover for at least another…
Culture
Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while…
Culture
WiseTech board quits as founder Richard White wins power struggle
WISETECH Global’s founder and largest shareholder Richard White appears to have triumphed in a high-level power dispute after almost every…
Culture
Stocks to watch: Olam, Raffles Medical, Sats, UOB, CapitaLand India Trust, Venture
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 24): Olam: The group on Monday…
Culture
Trump’s main target in metals tariffs is China, ex-trade adviser says
US PRESIDENT Donald Trump’s tariffs on aluminium and steel are motivated mostly by concerns that China is flooding the global market and…
Culture
Qatar signs deal with Scale AI to use AI to boost government services
Scale AI will develop more than 50 possible uses of AI for Qatar’s government over the next five years QATAR’S government has signed a…
Culture
Nasdaq soars to new heights: What investors should know
ON FEB 19, both the S&P 500 and Nasdaq-100 achieved record highs, climbing by 0.2 per cent and 0.1 per cent, respectively. Their upward…
Culture
Malaysia expects its palm exports to China to be ‘resilient’ amid price pressure
MALAYSIA-PALM/CHINA:Malaysia expects its palm exports to China to be 'resilient' amid price pressure Malaysian palm oil exports to China…
Culture
Shein’s annual profit down by more than a third: report
Online fast-fashion retailer Shein’s profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on…
Culture
Asset managers churn out defence funds once deemed uninvestable
As governments across Europe ratchet up defence spending, money managers who previously judged the sector too controversial to touch are…
Culture
Does the existing approach to corporate governance help or hinder innovation?
There is no easy answer, but current thinking suggests that governance practices may have to be tweaked to allow companies to be more…
Culture
European tech sector sees unexpected rebound on AI windfall
European technology giants are exceeding expectations this quarter, joining financial and healthcare companies as one of the reporting…
Culture
Hong Kong and Singapore lead Asia’s drive to cash in on crypto boom
Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on…
Culture
Warren Buffett sounds warning to Washington as Berkshire reports record profit, cash
Berkshire Hathaway on Saturday (Feb 22) reported record annual profits and boosting its cash stake to US$334.2 billion, as Warren Buffett…
Culture
Wee Ee Cheong raises UOB stake after FY2024 record net profit
OVER the five trading sessions from Feb 14 to Feb 20, institutions were net sellers of Singapore stocks, leading to a net institutional…
Culture
Healthcare S-Reits are here to stay
HEALTHCARE real estate investment trusts (Reits) have been the best-performing Reit subsector in the year to date as at Feb 20, recording…
Culture
Walmart bonuses largely exceed targets but dip from prior year
WALMART will pay corporate employees more than their bonus target for another year, though workers will receive a slightly lower…
Culture
Boeing's chief aerospace safety officer set to retire, memo shows
BOEING’S longtime veteran and chief aerospace safety officer, Mike Delaney, will retire later this year, according to a memo seen by…
Culture
US Treasuries end week on high note on demand for safer bets
A LATE rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid…
Culture
Wall Street giant Morgan Stanley eases diversity emphasis in annual report
MORGAN Stanley toned down its emphasis on diversity in its latest annual report published on Friday (Feb 22), signaling a recalibration as…