Fashion
Oil gains weighed down by US demand worries
[HOUSTON] Oil prices rose on Friday (Sep 12) after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about...
Gunvor hires Singapore specialists as it expands precious metals business into physical trading
[LONDON] Global commodity trading house Gunvor is expanding its precious metals business from trading derivatives into physical metal and has hired specialists in the London and Singapore trading hubs,...
FTC launches inquiry into AI chatbots of Alphabet, Meta and others
THE US Federal Trade Commission on Thursday said it is seeking information from several companies including Alphabet, Meta Platforms and OpenAI that provide consumer-facing AI-powered chatbots, on how these...
US: S&P 500, Nasdaq hit record highs on boosted rate-cut bets
[NEW YORK] The S&P 500 and the Nasdaq hit intraday record highs at the open on Wednesday (Sep 10), after cooler-than-expected producer inflation data boosted bets on interest-rate cuts...
Johor fastest-growing South-east Asian data centre hub; Singapore expansion remains ‘constrained’
The city-state’s ‘strict planning controls’ are leading global tech firms to look north: Knight Frank report[SINGAPORE] Johor is the fastest-growing data centre hub in South-east Asia, with aggregate supply...
KKR, Blackstone turn India into Asia’s buyout HQ after China dip
The South Asian nation offers strong economic expansion, with broader investment opportunities across sectors from infrastructure to manufacturing[MUMBAI] Global asset managers from KKR to Blackstone are ramping up investments...
NAB to cut 410 support roles, shift some bank work to India
Australian lenders are slashing headcount as falling benchmark interest rates put pressure on margins[SYDNEY] National Australia Bank (NAB), the nation’s second-largest lender by market value, is cutting 410 jobs...
Apple holds down new iPhone prices amid threats of Trump tariffs
[CUPERTINO, California] Apple on Tuesday introduced an upgraded line of new iPhones, including a slimmer iPhone Air, and held prices steady amid US President Donald Trump’s tariffs that have hurt the...
Sim Leisure to receive compensation after settling theme park dispute with Bandar Malaysia
The theme park operator expects the compensation sum to have a material positive impact on its earnings for the current financial year[SINGAPORE] Theme park operator Sim Leisure Group has...
ASML invests 1.3 billion euros on Europe’s AI champion Mistral
The deal provides Mistral with a major injection and makes it one of Europe’s most valuable private companies[AMSTERDAM] ASML Holding is investing 1.3 billion euros (S$2 billion) in France’s...
