Culture
November Best Sellers - Southern Curls & Pearls
Is it just me or did November FLY by?! I can’t believe we’re already in December and Christmas only weeks away!!!! We have been having so…
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Culture
Culture
TikTok to invest more than 200 billion reais in Brazil data centre
ByteDance’s TikTok will invest more than 200 billion reais (S$49 billion) to build a data centre in Brazil, marking its first project in…
Culture
Federal Reserve ends three-year loss streak from Covid-era monetary policy
The Fed’s deferred asset reflects losses that must be covered before it can resume payments to Treasury The Federal Reserve appears to…
Culture
Wall Street opens lower as investors assess data, Microsoft falls
Wall Street’s main indexes opened lower on Wednesday (Dec 3), as investors assessed data pointing to a weak jobs market, while Microsoft…
Culture
DFI Retail Group hikes dividend payout ratio to 70% in three-year plan
The group is targeting a compound annual growth rate of 11 to 15% for its underlying profit DFI Retail Group has unveiled a three-year…
Culture
Anthony Law, PropNex Realty salesperson refute allegations in lawsuit involving 99-1 deal
This is in response to a case filed by a couple over the purchase of a unit at The Gazania Anthony Law Corp, which has been sued by a…
Culture
Retail investors push e-commerce platform Meesho’s US$604 million India IPO to full subscription
The company has raised about US$270 million from anchors including Government of Singapore ahead of its IPO Meesho’s US$604 million…
Culture
Asian exchanges play key role in providing global investors with diversification: SGX chief
Loh Boon Chye expects product innovation for derivatives to move towards multi-jurisdictional operations The chief executive officer of…
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Global accounting body IASB consults on new model for assessing bank risks
The model will attempt to replace a transaction-driven view of how banks manage interest rate risks Banks could give investors a clearer…
Culture
Airbus cuts 2025 delivery target after issues with top-selling jet
Airbus cut its 2025 delivery target to around 790 commercial aircraft on Wednesday (Dec 3), 30 fewer than previously expected, but…
Culture
Singapore’s benchmark STI rises for the sixth day, up 0.4%
Across the broader market, decliners beat gainers 297 to 275, after 1.3 billion securities valued at more than S$1.4 billion are…
Culture
How banks handle interest rate swings may soon be clearer to investors
Newly proposed rules by International Accounting Standards Board centre on new Risk Mitigation Accounting model The International…
Culture
China's LandSpace fails to complete reusable rocket test
The rocket was not able to complete a controlled landing following an initial launch The maiden test of LandSpace’s next-generation…
Culture
HSBC names Brendan Nelson chairman in surprise move
The bank says Nelson’s appointment follows a robust process assessing internal and external candidates HSBC Holdings’ interim chairman…
Culture
Cordlife faces S$5.45 million civil claim from clients over damaged cord blood units
Cordlife Group is facing claims of at least S$5.45 million in damages from clients who stored 109 cord blood units (CBUs) with the…
Culture
Philippines' slow growth raises chance of December rate cut, says central bank chief
Data last month showed annual growth slowed to a four-year low of 4.0% in the third quarter A slower growth outlook for the Philippines…
Culture
Major Chinese banks cut high-yield deposit products to ease margin pressure
Some major Chinese commercial banks have removed five-year, large-scale certificates of deposit that carry a high yield from their…
Culture
Grab-Singtel’s GXS bank cuts about 10% of workforce as it moves on from early-stage operations
Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si Digital bank GXS is cutting…
Culture
Chinese smart glasses firms eye overseas conquest
[HANGZHOU, China] In China, artificial intelligence (AI) glasses let the wearer pay in shops with just a glance at a QR code and a voice…
Culture
Most Asian markets rise as traders await key US data
Money markets have put the chances of a Dec 10 cut at around 90%, with another three forecast by the end of next year Markets mostly rose…
Culture
Apple Tap to Pay now available in Singapore, allowing merchants to use iPhones as contactless payment terminals
The function also supports contactless credit and debit cards from American Express, JCB, Mastercard, UnionPay and Visa Apple has…
Culture
Adani Group plans US$15 billion India airports expansion by 2030
The Adani Group plans to invest US$15 billion to boost passenger capacity at its airports to 200 million annually in the next five years,…
Culture
Stocks to watch: Far East Group, UltraGreen.ai, Infinity Development
The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 3): Far East Group: The company…
Culture
Amazon rushes out latest AI chip to take on Nvidia, Google
Amazon.com’s cloud unit raced to get the latest version of its artificial intelligence (AI) chip to market, renewing efforts to sell…