Fashion
Tariffs will leave everyone worse off, Bundesbank chief warns - The Business Times
GERMANY’S top central bank warned against trade levies, a day after US President Donald Trump reiterated a call for the European Union to…
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Fashion
Fashion
Cathay Pacific to cut profit payout to staff by around 50% - The Business Times
CATHAY Pacific Airways is planning to slash its profit-share payout to its workers by almost 50 per cent. The Hong Kong carrier is only…
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Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025 - The Business Times
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US…
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Sembcorp launches short-term mobile solar farm at PSA’s Keppel Terminal - The Business Times
For three years, the renewable energy generated from the farm will be channelled to the national grid A new 18 megawatt-peak ground-mount…
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SoftBank, OpenAI plan US$19 billion each for Stargate: report - The Business Times
SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI)…
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Barclays sees heightened competition in India from Japan banks - The Business Times
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more…
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JPMorgan, Goldman CEOs resist calls to roll back DEI programmes - The Business Times
JPMORGAN Chase and Goldman Sachs are pushing back on demands to roll back their diversity initiatives. In television appearances on…
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Ascott bags 16 new signings under Oakwood portfolio to tap growing ‘bleisure’ market - The Business Times
ASCOTT, the wholly owned lodging business unit of CapitaLand Investment, has secured 16 new signings under the Oakwood brand in 2024, up…
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KKR combines US$157 billion infrastructure, real estate businesses - The Business Times
KKR is moving its infrastructure and real estate assets under the same leadership as it looks to capitalise on converging opportunities…
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DBS, OCBC, UOB to gain from higher AUM, fees amid booming family office scene - The Business Times
Upcoming Singapore Budget may give further tax incentives for philanthropy, sustainability SINGAPORE’S strong family office sector will…
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OpenAI, Oracle and Softbank team up on multibillion-dollar AI project
President Trump on Tuesday announced that OpenAI, Oracle and Softbank are partnering on a venture to direct more than $100 billion toward…
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US: Wall St opens higher after Netflix results, Trump's AI investment plans - The Business Times
Wall Street’s main indexes opened higher on Wednesday (Jan 22), with the benchmark S&P 500 just shy of a record high, as investors cheered…
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Frasers Centrepoint Trust posts 99.5% retail portfolio occupancy for Q1 - The Business Times
FRASERS Centrepoint Trust (FCT) posted a committed occupancy of 99.5 per cent for its retail portfolio for the first quarter of its…
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Mapletree Industrial Trust posts 1.5% rise in Q3 DPU to S$0.0341 - The Business Times
THE distribution per unit (DPU) for Mapletree Industrial Trust (MIT) rose 1.5 per cent to S$0.0341 for its third quarter ended Dec 31,…
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China unveils plan to encourage insurance funds into stock markets - The Business Times
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share…
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Goldman Sachs starts infrastructure fund for wealthy individuals - The Business Times
GOLDMAN Sachs Group’s alternative investment arm is launching a global infrastructure fund for wealthy individuals, as it ramps up efforts…
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Microsoft relaxes data centre grip on OpenAI amid US$500 billion joint venture - The Business Times
MICROSOFT on Tuesday (Jan 21) said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture…
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Li Ka-Shing’s port firm ‘committed’ to Panama amid Trump threats - The Business Times
BILLIONAIRE Li Ka-shing’s port business in Panama said it’s committed to operating in the country, after local authorities launched an…
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Apple close to deal to lift Indonesian iPhone ban, minister says - The Business Times
INDONESIA is close to a deal with Apple over an investment plan that would lift a ban on iPhone 16 sales in the country, according to a…
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Indonesia’s new export earnings rule raises fears of cash crunch, competitive setbacks - The Business Times
Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 has come in for some criticism,…
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US SEC unveils task force to start work on crypto regulations - The Business Times
THE US Securities and Exchange Commission’s (SEC) new leadership said on Tuesday (Jan 21) it had created a task force to develop a…
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Stocks to watch: Mapletree Logistics Trust, SingPost, Stoneweg E-Reit, Sabana Industrial Reit - The Business Times
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jan 22): Mapletree Logistics Trust…
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United Airlines offers an upbeat outlook on improved pricing power - The Business Times
UNITED Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street…
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Charles Schwab’s fourth-quarter profit soars on higher asset management fees - The Business Times
BROKERAGE firm Charles Schwab said on Tuesday (Jan 21) that its profit rose 44 per cent in the fourth quarter driven by a jump in asset…