News

Amazon pushes suppliers for cuts ahead of Supreme Court tariff ruling: FT
AMAZON is seeking to cut what it pays suppliers for goods it sells on its e-commerce platform, as the tech giant moves to reverse concessions intended to limit the shock...
Netflix prepares all-cash offer for Warner Bros: source
[LOS ANGELES] Netflix is preparing to make an all-cash offer for Warner Bros Discovery’s studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday (Jan...
US greenlights Nvidia H200 chip exports to China
[WASHINGTON] The Trump administration on Tuesday gave the greenlight to exports to China of Nvidia’s second most powerful AI chips, putting in place a rule that will likely kickstart...
Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price[SINGAPORE] The offerors for Low Keng Huat have raised the offer price for the property developer...
S&P 500, Dow open near record highs after mixed earnings, inflation data  
[NEW YORK] The S&P 500 and the Dow opened near record highs on Tuesday (Jan 13) after a largely in-line inflation report sustained expectations of rate cuts this year,...
F&N unit prices S$125 million in fixed-rate notes due 2033 at 2.6%
The notes are payable semi-annually in arrears and will be issued in denominations of S$250,000 each[SINGAPORE] Beverage maker Fraser and Neave (F&N) has priced S$125 million in fixed-rate notes...
Keppel Reit preferential offering closes with 76.9% valid acceptances; total applications at 97%
Gross proceeds of S$886.3 million will go into funding the purchase of another one-third interest of Marina Bay Financial Centre’s Tower 3[SINGAPORE] Keppel Real Estate Investment Trust (Reit) has...
Global central bankers defend Fed’s Powell after Trump threat
Central bankers fear that political influence over the Fed would erode trust in the bank’s commitment to its inflation target[FRANKFURT] The chiefs of many of the world’s major central...
You can buy Steve Jobs’ bow ties, desk and other bits of Apple history at this auction
In March 1976, Apple cofounders Steve Jobs and Steve Wozniak both signed a $500 check weeks before the official creation of a California company that would transform personal computing...
Singapore stocks ride Asian wave amid US ‘self-sabotage’; STI up 0.9%
Japan’s Nikkei 225, South Korea’s Kospi, Hong Kong’s Hang Seng and the FTSE Bursa Malaysia KLCI Index all close higherSINGAPORE shares ended higher on Tuesday (Jan 13), as investors...
Robotics frenzy drives US$24 billion gain in Hyundai Motor stocks
Its projects help to modernise the company’s image, and its undervalued stock has room to rise further[SEOUL] Hyundai Motor Group stocks have added around US$24 billion in market value...
Proactive tax strategy in a shifting global landscape
As OECD rules redefine the game, Singapore’s tax and business leaders are pivoting from compliance to strategic foresightTHE global tax landscape is undergoing its most significant transformation in a...