Leadership
CPF Special, MediSave and Retirement Accounts’ interest rate falls to 4% for Q1 2025
THE interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will fall to the floor rate of 4 per cent per annum from Jan...
15 Reasons Restaurant Chains are Dying
The restaurant industry is facing tough times, with many chains struggling to stay afloat. Various factors contribute to this decline, from changing consumer tastes to financial mismanagement. As the...
Alaska Airlines sees US$1 billion jump in profit after merger with Hawaiian Airlines
ALASKA Airlines on Tuesday unveiled a plan to generate US$1 billion in additional profits by 2027 by leveraging its acquisition of Hawaiian Airlines and booming demand for premium travel, sparking a...
Singapore stocks open flat at Wednesday’s open
SINGAPORE shares opened muted on Wednesday (Dec 11) following weak trade figures from China and ahead of key inflation data in the US. As at 9.01 am, the Straits...
Singapore stocks fall, with Hongkong Land leading losses; STI down 0.5%
SINGAPORE shares closed lower on Wednesday (Dec 11) amid declines in the banking stocks, with property developer Hongkong Land the biggest loser.The Straits Times Index (STI) shed 20.73 points,...
Citigroup cuts ESG analyst jobs as research group trimmed
CITIGROUP has cut about five analyst jobs inside a small team dedicated to producing ESG (environmental, social and governance) and climate research, according to sources familiar with the development.The...
Apple’s next Ultra smartwatch will be able to send texts via satellite
APPLE plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a blood-pressure feature, seeking to entice hikers and health-conscience consumers into upgrading...
US court blocks Kroger’s US$25 billion supermarket mega-merger
A US judge suspended supermarket giant Kroger’s planned US$24.6 billion acquisition of rival chain Albertsons on Tuesday in a win for the Federal Trade Commission, which had argued the...
