Culture
Europe: Stoxx 600 slips from record highs amid rising yield pressure - The Business Times
European shares pulled back from its record highs and ended flat on Friday (Jan 24), weighed down by declines in the telecom and energy…
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Culture
Culture
US: Stocks retreat, cutting into weekly gains - The Business Times
Wall Street stocks concluded a winning week on a tepid note on Friday (Jan 24), retreating following mixed earnings in a move attributed…
Culture
Great Eastern granted further extension to May 25 to explore options to return free float - The Business Times
GREAT Eastern now has until May 25 to explore options to comply with free float requirements under the Singapore Exchange’s (SGX) listing…
Culture
US: S&P 500, Nasdaq open flat ahead of economic data; Boeing declines - The Business Times
THE benchmark S&P 500 and the tech-heavy Nasdaq opened muted on Friday (Jan 24), with investors staying cautious ahead of economic data,…
Culture
Wall Street enters darker age with most stock trading now hidden - The Business Times
HERE’S a surprising new fact about the world’s largest and most-liquid public equity market: Most of the activity on it is not public…
Culture
Japan Foods warns of loss for 9-month period amid lower revenue, higher expenses - The Business Times
This was mainly due to weak sales in November and December 2024, despite a higher number of operating outlets JAPAN Foods expects to…
Culture
BMW joins Chinese EV makers in filing EU court challenge to tariffs - The Business Times
BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on…
Culture
Alfa Romeo and Jeep dealership in Singapore to close by June - The Business Times
CAPELLA Auto, the agent for Alfa Romeo and Jeep cars in Singapore, is winding up its business by June and will sell its remaining stock of…
Culture
China firms boost shareholder returns via dividends and buybacks - The Business Times
CHINESE firms are attracting investors with increased dividends and buybacks, spurred by a policy push for corporate governance reforms in…
Culture
Grab contributed as much as 0.8% of Singapore GDP in 2023: report - The Business Times
RIDE-HAILING company Grab added S$5.2 billion to Singapore’s economy in 2023 through its on-demand services such as ride-hailing and…
Culture
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate - The Business Times
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new…
Culture
Tesla launches new Model Y in US, Canada, Europe weeks after China - The Business Times
ELON Musk’s Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on…
Culture
Analysts rate Frasers Centrepoint Trust with ‘buy’ on high retail portfolio occupancy - The Business Times
Market watchers rated Frasers Centrepoint Trust (FCT) with a “buy” call, citing its high retail portfolio occupancy and ongoing asset…
Culture
Tiktok’s possible buyers, from Elon Musk to MrBeast - The Business Times
TIKTOK’S Chinese parent company has just over two months to find a buyer for the app’s US business or face a nationwide ban, after getting…
Culture
Keppel gets US approval to build SG-US subsea cable amid region’s digital infrastructure push - The Business Times
KEPPEL has been granted a licence by the US for a subsea cable system connecting Singapore to the US, said the company on Friday (Jan 24).…
Culture
Hong Kong’s CKI is said to weigh sale of UK’s £4 billion Eversholt Rail - The Business Times
CK INFRASTRUCTURE (CKI) is evaluating options for Eversholt Rail, including a possible sale that may value the British rolling stock…
Culture
Stocks to watch: Mapletree Pan Asia Commercial Trust, Keppel DC Reit, Suntec Reit, ESR-Reit - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 24): Mapletree Pan Asia Commercial…
Culture
ESR Reit posts 15.9% fall in H2 DPU to S$0.00997 - The Business Times
THE manager of ESR Real Estate Investment Trust (ESR Reit) posted a distribution per unit (DPU) of S$0.00997 for its second half (H2)…
Culture
Billionaire McCourt says he is open to teaming up on a TikTok bid - The Business Times
US BUSINESSMAN Frank McCourt is open to teaming up with other buyers on a bid to take over the US operations of TikTok as long as he can…
Culture
Disney raises Bob Iger’s pay by 30%, reflecting turnaround in profit - The Business Times
WALT Disney boosted chief executive officer Bob Iger’s total pay by 30 per cent in fiscal 2024, underscoring his turnaround of the media…
Culture
Tiktok weighs non-sale options, ByteDance’s Bill Ford says - The Business Times
BYTEDANCE is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.…
Culture
EV maker Nikola explores sale, partnerships with cash dwindling - The Business Times
NIKOLA is exploring options to stave off a cash crunch, including potentially selling parts or all of the company, according to sources…
Culture
Boeing forecasts big loss on defence troubles, strike; shares drop 2.5% - The Business Times
BOEING’S loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped US planemaker said on…
Culture
Cartier appeal helps Richemont reach 100 billion Swiss francs market value - The Business Times
SWISS luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs (S$149.2 billion) for the first time,…