Culture
Nidec founder and chairman Nagamori quits board after spate of accounting issues
The 81-year-old has voluntarily resigned his post, the world’s largest maker of mini-motors says Nidec said its founder Shigenobu Nagamori…
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Culture
Culture
Singapore stocks close flat as regional bourses end higher; STI inches down 0.02%
CDL is the top blue-chip gainer on the STI, while Yangzijiang Shipbuilding is the biggest decliner Local shares closed flat on Friday (Dec…
Culture
GLP picks investment banks for 2026 Hong Kong IPO: sources
Deliberations are ongoing and details such as the offering size and timing have not been finalised Investment firm GLP has selected banks…
Culture
The Chinese-made DJI drones used by US police face a MAGA-fuelled reckoning
If DJI fails to get FCC clearance by Christmas, it could join Huawei and ZTE on the agency’s list President Donald Trump’s administration…
Culture
OpenAI inks deals with US colleges, seizing early lead in education market
The company has sold more than 700,000 ChatGPT licences to about 35 public universities OpenAI has established a beachhead at many US…
Culture
Toyota to import US-made cars after Trump gripe
JAPANESE car giant Toyota said on Friday it will begin importing three of its US-manufactured models into its home market next year, in an…
Culture
Bank of Japan hikes interest rates to 30-year-high of 0.75%
THE Bank of Japan on Friday hiked interest rates to 0.75 per cent, marking the first increase since January and its highest level in 30…
Culture
Bank of Japan raises interest rates to 30-year high, signals more hikes
The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19) to levels unseen in three decades and signalled its readiness for further…
Culture
BOJ raises interest rates to 30-year high, signals more hikes
It offers a slightly more upbeat view on the economy than at its previous meeting in October The Bank of Japan (BOJ) raised interest rates…
Culture
Asian markets rise as US inflation eases, Micron soothes tech fears
ASIAN markets rose on Friday as a below-forecast read on US inflation boosted hopes for another interest rate cut next month, while…
Culture
Baht soars to 3-year high against Singdollar as it climbs on gold spike, yuan strength
Thai currency’s rise is fuelled by a soft US dollar, recent Fed easing and sharp acceleration in gold prices The baht’s rally has pushed…
Culture
Trump praises Fed Governor Waller as ‘great’ after interview for Fed Chair
US President Donald Trump said on Thursday he interviewed Federal Reserve Governor Christopher Waller a day earlier as a candidate to…
Culture
DFI Retail pulls Mannings out of mainland China; Guardian continues Singapore ops
DFI Retail Group’s beauty and health brand Mannings on Wednesday (Dec 17) announced the closure of all its stores across mainland China,…
Culture
Coliwoo disposes Pasir Panjang co-living space in S$43.9 million sale-and-leaseback deal
It will sell its 80% stake in Coliwoo PP, which owns and manages Coliwoo Hotel Pasir Panjang Co-living operator Coliwoo has entered into a…
Culture
Coliwoo disposes Pasir Panjang co-living hotel space in S$43.9 million sale-and-leaseback deal
Estimated net proceeds of S$15.3 million will be used to repay working capital loans owed to LHN Group and for general working capital…
Culture
Stoneweg Europe Stapled Trust divests office asset in Italy for 34 million euros
Following the divestment, the trust’s exposure to Italy will fall from 18% to 17% The managers of Stoneweg Europe Stapled Trust (Sert) on…
Culture
Stocks to watch: Stoneweg Europe Stapled Trust, Coliwoo
The following companies saw new developments that may affect trading of their securities on Friday (Dec 19): Stoneweg Europe Stapled Trust…
Culture
DBS, Keppel, CDL, CICT, Sea, STE, Singtel among JPMorgan's top picks for 2026
The city-state’s rally has a ‘long way to go’, says the bank, which is also ‘overweight’ on Vietnamese equities Asean equities will be at…
Culture
BNY deepens AI, digital asset embrace as it enters next phase: CEO Robin Vince tells BT
The New York-based bank has invested heavily in AI and culture transformation and is ready for its next phase of change, says Vince in an…
Culture
Nike reports sales beat overshadowed by Converse, China slumps
NIKE posted better-than-expected sales in the latest quarter, showing progress in its turnaround efforts, but weakness persisted in China…
Culture
Nike’s China conundrum deepens as turnaround stagnates
Nike’s stock is down 13% so far this year, on track for a fourth straight year of declines Nike is running out of time to prove its China…
Culture
TikTok says it signed agreements to create new US joint venture
TIKTOK chief executive officer Chew Shou Zi told employees that the social media app’s parent company, ByteDance, signed binding…
Culture
BNY to move Singapore offices to Marina One East Tower
Investments into new spaces with better amenities are part of the bank’s transformation process that started in 2022 BNY is entering its…
Culture
US Energy Department taps Big Tech for AI-powered research push
THE US Department of Energy said on Thursday it has signed agreements with 24 organisations, including tech giants such as Microsoft,…