Culture
Chinese investors chase returns abroad as local markets struggle
CHINESE investors’ demand for better returns overseas is so strong that even an expanded purchase quota for some funds is selling out…
Section
Culture
Culture
VW managers to take combined 300 million euro pay cut: report
VOLKSWAGEN’S management will take pay cuts adding up to over 300 million euros (S$423.4 million) by 2030, according to comments by VW…
Culture
DBS shares reach S$45 for the first time
Shares of Singapore’s biggest bank DBS soared to S$45 for the first time on Wednesday (Jan 8). The stock was trading at S$45.14 in the…
Culture
DBS shares hit S$45 for the first time
Shares of Singapore’s biggest bank DBS reached S$45 for the first time on Wednesday (Jan 8). The stock crossed that milestone to trade at…
Culture
DBS shares crosses S$45 for the first time
Shares of Singapore’s biggest bank DBS reached S$45 for the first time on Wednesday (Jan 8). The stock crossed that milestone to trade at…
Culture
TikTok, Alibaba push Indonesia e-commerce pioneer Bukalapak into retreat
INDONESIAN e-commerce pioneer Bukalapak.com will stop selling physical goods, underscoring the cut-throat competition in a market where…
Culture
Hong Kong Airport Authority sells record HK$18.5 billion of bonds
THE Airport Authority of Hong Kong sold HK$18.5 billion (S$3.3 billion) of bonds in the largest-ever issuance in the financial hub’s local…
Culture
Japanese chipmaker Renesas to cut less than 5% of global workforce
JAPANESE chipmaker Renesas Electronics will cut less than 5 per cent of its global workforce, amounting to fewer than 1,000 positions, as…
Culture
Centurion surges 6.3% after news that it is exploring a Reit listing
SHARES of accommodation assets operator Centurion surged 6.3 per cent on Wednesday (Jan 8) following the previous day’s news that it is…
Culture
Gold flat as US yields, dollar rise on strong data
GOLD prices were flat on Wednesday (Jan 8), pressured by higher yields and a stronger dollar after US data suggested the Federal Reserve…
Culture
Cordlife’s Teo Tong Kooi resigns as chairman; Zhai Lingyun steps up
EMBATTLED cord-blood bank Cordlife Group announced on Wednesday (Jan 8) that Zhai Lingyun, the company’s non-independent non-executive…
Culture
ExxonMobil signals weaker performance across the board to hurt Q4 profits
EXXONMOBIL signalled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its…
Culture
Hong Kong banks hoard record piles of cash as economy sputters
HONG Kong banks are hoarding cash and liquidity despite calls by the government to help out struggling small businesses with funding to…
Culture
Samsung Q4 profit outlook misses estimates by large margin as chip issues drag
SAMSUNG Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as…
Culture
TVs get smarter as makers cater to AI lifestyles
DAZZLING televisions that routinely star at the Consumer Electronics Show that opened in Las Vegas on Tuesday (Jan 7) are getting ever…
Culture
Panasonic teams up with Anthropic, aims for 30% of sales from AI
PANASONIC Holdings will embrace artificial intelligence (AI) technology across its hardware and software businesses and team up with…
Culture
Trump, Dubai billionaire unveil US$20 billion for data centres
PRESIDENT-elect Donald Trump announced an investment of at least US$20 billion from Hussain Sajwani, the head of Damac Group, to build new…
Culture
Companies should do away with having an executive chairman
The individual might get too involved in the group’s operations, and the staff could be torn between potentially competing centres of…
Culture
Microsoft to invest US$3 billion in India, to expand AI and cloud capacity
Microsoft will spend US$3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on…
Culture
Centurion exploring Reit listing for workers and student accommodation assets
It has previously considered a Reit listing in January 2015 but deferred the plan CENTURION Corporation is currently exploring the…
Culture
My Favorite Leather Jacket to Keep You Warm & Chic this Winter Season - Fashion Jackson
I know what you’re thinking: a leather jacket for winter? We all know I’m a coat-loving girl, so I try to not discriminate against any…
Culture
Indonesia to meet Apple on investment proposal, official says
INDONESIA’S industry ministry will meet representatives from Apple on Tuesday (Jan 7) to discuss its investment in the country, a…
Culture
KKR considering selling Japan’s Seiyu supermarket: Nikkei
US PRIVATE equity fund KKR is considering selling supermarket chain Seiyu in a deal that could be worth several hundred billion yen, the…
Culture
Tencent SDRs fall nearly 7% after US designates tech giant as ‘Chinese military company’
TENCENT’S Singapore-listed shares, or Singapore Depository Receipts (SDRs), fell nearly 7 per cent on Tuesday (Jan 7) after the US…