Culture
Google invests in venture to build energy parks for data centres
ALPHABET’S Google is investing in mega energy parks that will generate renewable power as the company races to fuel its data centres. The…
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Culture
Culture
US: Wall St opens mixed, focus remains on inflation data
Wall Street’s main indexes opened mixed on Tuesday (Dec 10) ahead of a key inflation report this week that could influence the Federal…
Culture
Nippon Life in talks to buy Resolution Life in deal worth US$8.2 billion
NIPPON Life Insurance is in the final stages of buyout talks with US life insurer Resolution Life Group Holdings, Resolution said on…
Culture
US finalises more than US$6.1 billion chips subsidy for Micron Technology
THE US Department of Commerce has finalised a subsidy of more than US$6.1 billion for memory chip maker Micron Technology to support the…
Culture
Prudential is said to consider selling stake in Eastspring
PRUDENTIAL is considering options including selling a minority stake in its asset manager Eastspring Investments to help broaden the…
Culture
Wear This Outfit for Your Next Winter Date Night - Fashion Jackson
Is there any fabric combo more seductive than leather and lace? Whenever I’m stumped on what to wear out to dinner during the winter with…
Culture
Fitch Ratings upgrades Astrea VI Class A-2 bonds
Ratings agency Fitch Ratings has upgraded the private equity (PE) backed Astrea VI Class A-2 bonds, part of a few tranches of Astrea bonds…
Culture
Telco consolidation may not necessarily lead to recovery in mobile revenues
COMPETITION for mobile revenues among Singapore’s telcos has been intense, and it appears that prices for mobile phone plans have yet to…
Culture
ECB officials to lock horns over how much cuts can boost economy
EUROPEAN Central Bank (ECB) officials agree that lower interest rates are needed to buoy the region’s shaky economy. How much they can…
Culture
Keong Hong unit to sell stake in Katong Holdings for S$34.5 million
The group intends to utilise the net proceeds from the divestment for its working capital requirements and potential business opportunity…
Culture
DBS, Japan’s top lenders said to be among bidders for Panin Bank
ASIAN banks including DBS Group Holdings, Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Financial Group are among potential…
Culture
Singapore Institute of Advanced Medical Holdings flagged for going concern uncertainties by external auditors
THE Singapore Institute of Advanced Medical Holdings (SIAMH) announced that external auditors of the company issued a disclaimer of…
Culture
Singapore Institute of Advanced Medicine flagged over uncertainties about staying afloat
External auditors note the presence of material uncertainties that could cast significant doubt on its ability to continue as a going…
Culture
Singapore shares open higher on Tuesday; STI up 0.6 per cent
SINGAPORE stocks began Tuesday (Dec 10) trading in positive territory as markets abroad experienced mixed results overnight. As at 9.02…
Culture
Bank stocks drive Singapore shares higher on Tuesday; STI up 0.5%
Across the broader market, losers outnumber gainers 277 to 255 after 1.2 billion securities worth S$1.1 billion change hands SINGAPORE…
Culture
Japan’s megabanks are flush with cash and hunting overseas deals
JAPAN’S megabanks are awash in cash and eager to invest. Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG) and…
Culture
China makeup mogul nears billionaire status with Hong Kong IPO
ONE of China’s best-known makeup artists, Mao Geping, took his beauty company public in Hong Kong, capping a remarkable run that’s seen…
Culture
Huawei suppliers to face further US limits under defence bill
US LAWMAKERS are moving to prohibit the Pentagon from doing business with companies that sell computer chips and services to Huawei…
Culture
Newmont cuts management jobs in major corporate restructuring
NEWMONT let go of nearly a dozen managers, including a member of its executive team, as part of a sweeping corporate overhaul, according…
Culture
Apollo targets US$25 billion for flagship private equity fund
APOLLO Global Management is readying what could mark its largest ever private equity fund. Apollo is looking to gather US$25 billion of…
Culture
Lower interest rates, geopolitical conflicts poised to shape investment decisions in 2025
Bond yields remain attractive, and India could continue to outperform, say analysts GLOBAL asset markets are likely to be influenced by…
Culture
China’s BYD to focus on plug-in hybrid cars in European expansion
HYBRID technology will be key for the European expansion of Chinese EV giant BYD amid soft demand for fully-electric vehicles, the special…
Culture
Singapore’s financials and real estate employers take cautious stance on hiring: survey
EMPLOYERS, especially those in the financials and real estate sector, are choosing to stay cautiously optimistic as Singapore’s economy…
Culture
US: Wall St opens muted with inflation data in focus
WALL Street’s main indexes opened flat to lower on Monday (Dec 9), after the S&P 500 and the Nasdaq notched record closing highs in the…