The battered aviation industry took another step towards recovery yesterday with news that Kelley Aerospace will invest around $150 million over the next five years on initiatives, including job creation […]
Two agreements to facilitate cooperation and business activities between Singapore and the European Union (EU) were signed yesterday. One is an administrative arrangement between Singapore and the European Commission on […]
Singapore needs to raise its auditing and accounting standards to boost the nation’s environmental, social and governance (ESG) credibility following a series of corporate scandals, according to the country’s top […]
HONG KONG (BLOOMBERG) – Fear of owning HSBC Holdings shares is turning into a fear of missing out on a major rally. Europe’s biggest lender is up 51 per cent […]
BT Podcast Special Ep 2: How a pandemic means solid growth in finance, as driven by technology Synopsis: The Business Times speaks with the Monetary Authority of Singapore’s managing director […]
NEW YORK (AFP) – Wall Street stocks finished a choppy session mostly higher on Wednesday (Dec 2) as investors weighed signs of economic weakness caused by rising Covid-19 cases against […]
The benchmark Straits Times Index (STI) sank into the red yesterday, declining 3.17 points, or 0.11 per cent, to close at 2,810.95. Among STI constituents, the local banks made gains. […]
Firms in Singapore are doubling down on expanding their business networks in Asia and building resilience in their supply chains despite having a more pessimistic economic outlook than businesses elsewhere, […]
LONDON (NYTIMES) – The British department store Debenhams can trace its history back 242 years to a shop on Wigmore Street in central London. On Tuesday (Dec 2), it finally […]
SAN JOSE, CALIFORNIA (BLOOMBERG) – Hewlett Packard Enterprise (HPE), formed from one of the founding companies of Silicon Valley, plans to relocate its headquarters to Houston from San Jose, California, […]
LONDON (BLOOMBERG) – The UK retail industry suffered one of the harshest blows yet after two of the country’s best-known retailers collapsed, putting 25,000 jobs at risk in less than […]
NEW YORK (AFP) – Major US stock indices closed at records again on Tuesday (Dec 1) as optimism over potential coronavirus vaccines and revived stimulus talks in Congress offset worries […]
CapitaLand has divested three malls in Japan and an office building in South Korea for a total of $448.7 million, as part of its ongoing portfolio reconstitution strategy, it said […]
LONDON (REUTERS, BLOOMBERG) – Bitcoin soared to a record high against the US dollar on Monday (Nov 30), as its 2020 rally steamed ahead, boosted by increased demand from both […]
NEW YORK (BLOOMBERG) – DoorDash, the biggest US food delivery company, is seeking to raise as much as US$2.8 billion (S$3.8 billion) in an initial public offering (IPO) that’s part […]
NEW YORK (AFP) – The Dow concluded its best month in more than three decades on Monday (Nov 30), with gains propelled by expectations for a 2021 recovery based on […]
NEW YORK (REUTERS) – Business information provider S&P Global agreed on Monday (Nov 30) to pay US$44 billion (S$59 billion) in stock to acquire IHS Markit in the year’s biggest […]
NEW YORK (REUTERS) – The S&P 500 index ended lower on Monday (Nov 30) as investors took profits following a sharp rally in recent weeks that led to the benchmark’s […]
We are in the midst of a digital boom. Consumers have rapidly moved to online or mobile channels, with the Covid-19 pandemic speeding this shift. Companies have doubled down on […]
The property market continues to draw interest amid the pandemic, with over 90 per cent of the 120 units released for The Landmark condominium snapped up on its launch weekend. […]
