News
China’s central bank, regulators hold symposium on support for private companies
CHINA’S central bank and financial regulators held a symposium with private enterprises and financial institutions, vowing to increase lending to private enterprises and expand their fundraising channels, the People’s...
CDL bypass of nominating committee may seem ‘unusual’ but current rules open to interpretation: observers
Court can determine if directors’ appointments are in accordance with company’s constitution THE appointment process for two of City Developments Ltd’s (CDL) directors as well as the dismantling of...
Buybacks surge as corporate earnings season nears end
OVER the five trading sessions from Feb 21 to Feb 27, institutions were net sellers of Singapore stocks, leading to a net institutional outflow of S$265 million, compared to...
Hospitality S-Reits focus on active portfolio management to drive growth
THE managers of hospitality real estate investment trusts in Singapore (S-Reits) have been actively managing their portfolios, as they carry out asset acquisitions and enhancements, as well as proactive...
Opinion: When unregulated AI re-creates the past, we can’t trust that the ‘historical’ is real
A furious political leader shouting a message of hate to an adoring audience. A child crying over the massacre of her family. Emaciated men in prison uniforms, starved to...
Australia’s Star Entertainment expects rescue offers, warns earnings may miss deadline
AUSTRALIAN cash-strapped casino operator Star Entertainment said it expects to receive bailout offers on Friday but warned it might not be able to file its first-half earnings which should...
Blackstone’s Schwarzman takes home more than US$1 billion in pay and dividends
BLACKSTONE chief executive officer Steve Schwarzman collected just over US$1 billion in pay and dividends in 2024, putting the spotlight on the billionaire’s wealth just as Washington takes aim...
Grubhub cuts 23% of staff after Wonder deal, signals changes
GRUBHUB is cutting about 23 per cent of its workforce and set the stage for more changes at the company following its takeover by Wonder Group, the owner of...
More tech layoffs hit Bay Area, as HP, Autodesk announce job cuts
Another round of layoffs hit the Bay Area’s volatile tech industry.HP Inc. plans to lay off up to 2,000 more employees as the company looks for ways to slash...
ECB’s multi-trillion payments breakdown sends shudders through Europe
BANKS struggled to process payments on Friday (Feb 28), after an unprecedented day-long breakdown in the European Central Bank’s machine underpinning trillions of euros of money movements.
The ECB said...
