SINGAPORE (BLOOMBERG) – Creditors to distressed Singapore shipper Pacific International Lines will vote on Monday (Feb 1) on a restructuring deal that involves a capital injection from a unit of Temasek […]
SINGAPORE (BLOOMBERG) – HSBC Holdings and other global banks owed US$3.5 billion (S$4.66 billion) by Hin Leong Trading may recoup less than expected from the collapsed Singapore oil trader after […]
TOKYO (BLOOMBERG) – Japan’s decades-long love affair with status-symbol office towers is now fading, as the pandemic upends work styles and puts a strain on company finances. In a country […]
SINGAPORE – Environmental sustainability is a hot topic now, but the history of the environmental services sector in Singapore is quite short compared with European countries, Japan or South Korea, […]
NEW YORK • In mid-2019, a Reddit user – known as “Roaring Kitty” on some social media accounts – posted a picture on an online forum depicting a single US$53,000 […]
SINGAPORE – Here’s what a Workforce Singapore career coach says: A resume is a space for you to communicate your story and it is the employer’s first impression of you. […]
NEW YORK • The United States Securities and Exchange Commission (SEC) waded into the battle between small investors and Wall Street hedge funds, warning brokerages and social media traders it […]
It’s not the law that makes the administration of wills complicated, but people like us, with all our faults and foibles. Issues arise because the testators (owners of the wills) […]
The business expectations of firms in both the manufacturing and services sectors turned positive after a year of gloom, with sentiments boosted by the start of Covid-19 vaccinations across countries. […]
Local shares closed lower yesterday to mark a second week in the red amid a decline across the region. The uncertain sentiment left the benchmark Straits Times Index (STI) down […]
WASHINGTON • The United States economy contracted at its deepest pace since World War II in 2020 as the Covid-19 pandemic depressed consumer spending and business investment, pushing millions of […]
NEW YORK (BLOOMBERG) – Elon Musk is making headlines again for his Twitter use, with Shopify the latest beneficiary. The Tesla billionaire late Thursday (Jan 28) tweeted that the e-commerce […]
SEOUL (REUTERS) – SK Hynix, the world’s No.2 memory chip maker, posted a 298 per cent jump in fourth-quarter profit, ahead of expectations, as a better-than-expected rise in chip shipments […]
SINGAPORE (REUTERS) – Asia’s retail investors, emboldened by the meteoric rise of US videogame retailer GameStop, are taking on short sellers and making their brokers nervous enough to cut off […]
NEW YORK (AFP) – Wall Street stocks staged a partial rebound on Thursday (Jan 28) from the prior session’s rout following mixed economic data as shares of GameStop and others […]
NEW YORK (BLOOMBERG, REUTERS) – GameStop snapped a dizzying six-day rally to wipe out nearly US$11 billion (S$14.6 billion) in market value on Thursday (Jan 28) after moves by brokerages to […]
NEW YORK (REUTERS) – Asian stocks skidded on Thursday (Jan 28) after Wall Street sank amid deepening concerns about stretched valuations in stock markets, while the US dollar and bonds […]
JAKARTA (BLOOMBERG) – Sea Ltd and Gojek are snapping up Indonesian lenders, betting they can make headway into one of the world’s largest unbanked markets. The buying spree is set […]
SINGAPORE – If Straits Trading Company (STC) were a woman, she’d be a mature, elegant and sophisticated lady. Born over a century ago during the colonial days of Malaya, it […]
SAN FRANCISCO (AFP) – Apple and Facebook on Wednesday (Jan 27) delivered stunning gains in profits and revenues over the past quarter, in the latest sign that Big Tech is […]
