Culture
Nestle to cut costs, boost marketing under new CEO
It aims to achieve cost savings of at least 2.5 billion Swiss francs by 2027, in addition to ongoing savings of around 1.2 billion Swiss…
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Culture
Culture
Gold hits one-week high on softer US dollar; markets await Fed cues
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal…
Culture
WeWork gives up Singapore locations in sign of co-working woes
WEWORK is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets.…
Culture
Hot stock: ST Engineering gains 4% on strong Q3 revenue showing
SHARES of ST Engineering rose in early trade on Tuesday (Nov 19) after the technology and engineering group reported that its…
Culture
Marina Bay Sands eyes Singapore’s largest loan of S$12 billion
MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the largest financing from Singapore, as the company looks to…
Culture
Keppel DC Reit to acquire 2 hyperscale data centres from sponsor Keppel for S$1.4 billion
THE manager of Keppel DC Real Estate Investment Trust (Keppel DC Reit) has proposed to acquire interests in two artificial intelligence…
Culture
Singapore shares rise at Tuesday’s open; STI up 0.3%
SINGAPORE stocks began trading in positive territory on Tuesday (Nov 19) after global equities ended mixed overnight. As at 9.02 am, the…
Culture
Keppel to take over legacy rigs; plans to establish offshore infrastructure private fund
KEPPEL will take over 13 legacy rigs held by Rigco following a selective capital reduction exercise to be completed by the latter. Keppel…
Culture
Financing the next lap of growth
THE ringing of the opening bell at a securities exchange celebrates the successful listing of a company and marks the transformation of an…
Culture
Blending innovation and tradition into a recipe for success
SAMUEL Yik doubled down on innovation to push Dian Xiao Er to the forefront of Singapore’s food and beverage (F&B) scene. When Yik opened…
Culture
The drive to transform urban mobility
EARLIER this year, Singapore-based Neuron Mobility announced that it would be equipping its entire fleet of e-scooters in Melbourne with…
Culture
Resorts World Sentosa’s casino licence renewed
THE authorities have renewed the casino licence of Resorts World Sentosa (RWS), an integrated resort operated by Genting Singapore, for…
Culture
Resorts World Sentosa’s casino licence renewed for shorter 2-year term due to ‘unsatisfactory tourism performance’
THE authorities have renewed the casino licence of Resorts World Sentosa (RWS), an integrated resort operated by Genting Singapore, for…
Culture
US: Wall Street opens subdued with Nvidia earnings, Fed policy in focus
WALL Street’s main indexes opened little changed on Monday (Nov 18), as investors looked ahead to crucial corporate results, especially…
Culture
Novo Nordisk launches obesity drug Wegovy in China
The price for a month’s supply of the starter dose of Wegovy will be 1,400 yuan Novo Nordisk said on Monday (Nov 18) it has launched its…
Culture
US dollar rises against yen on BOJ caution; euro sell-off pauses
THE US dollar climbed against the yen on Monday (Nov 18) after Japan’s top central banker flagged further monetary policy tightening ahead…
Culture
UK creates new businesses at slowest rate since 2010
BRITONS started new businesses last year at the slowest rate since 2010, a potential warning sign for longer-term economic growth and…
Culture
StarHub, M1 may be posturing for subscribers ahead of potential merger by June 2025
Analysts note that recent moves by the telcos could help to move negotiations forward, grow subscriber base TELCOS StarHub and M1 may be…
Culture
Xiaomi Q3 revenue soars 30.5% as sales of its first electric car surge
CHINESE electronics maker Xiaomi Corp posted a 30.5 per cent jump in third-quarter revenue as consumers clamoured for its first electric…
Culture
Singapore stocks fall after Wall Street sell-off; STI down 0.3%
SINGAPORE equities ended their three-day winning streak to finish Monday (Nov 18) lower, after a sell-off on Wall Street last Friday as…
Culture
China EV makers push self-driving as Tesla threat looms
AUTONOMOUS driving and artificial intelligence are the buzzwords at this week’s Guangzhou auto show – the last major gathering of Chinese…
Culture
Crypto exchange OKX launches Singapore dollar funds transfer service for local customers
CRYPTOCURRENCY exchange OKX said on Monday (Nov 18) it would offer instant Singapore dollar-denominated deposits and withdrawals to…
Culture
UOB payment services face intermittent issues on Monday morning
UOB credit and debit card payment services faced intermittent disruptions on Monday (Nov 18) morning. In a Facebook post, the lender said…
Culture
UOB payment services restored after intermittent issues on Monday
UOB credit and debit card payment services have been fully restored after facing intermittent issues in the morning, said the lender in a…