Leadership
Hennessy staff strike over plans to bottle cognac in China
AROUND 500 staff at Hennessy, the cognac manufacturer owned by French luxury giant LVMH, went on strike on Tuesday (Nov 19) to protest plans to bottle the brandy in...
Cryptoverse: ‘Elation’ as Bitcoin basks in Trump glow
JOE McCann was sitting in his Miami condo, eyes glued to screens flashing with Bitcoin trades as the American election results rolled in.
“When the first polls closed, we started...
US$3 billion raised by S-E Asia IPOs is lowest in almost a decade: Deloitte
But regional outlook for 2025 remains rosy as expected interest rate cuts could create a more favourable environment for listings SOUTH-EAST Asia’s initial public offering (IPO) market has raised...
Singapore stocks rise as falling Treasury yields lift global equities; STI up 0.7%
SINGAPORE stocks rose on Tuesday (Nov 19) as Asian indices closed higher and lower US yields boosted emerging markets and commodities.The Straits Times Index (STI) rose 0.7 per cent...
China tells local funds to stop buying LGFV bonds via Hong Kong link
CHINA has effectively banned domestic investors from buying offshore yuan bonds issued by local government financing vehicles through its trading link with Hong Kong, according to people familiar with...
Gold hits one-week high on softer US dollar; markets await Fed cues
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal Reserve officials for cues on...
WeWork gives up Singapore locations in sign of co-working woes
WEWORK is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets.One co-working space spanning the 17th to 20th...
Equinix to build 6th Singapore data centre with US$260 million investment
DATA centre operator Equinix is building a sixth data centre in Singapore with an initial investment of US$260 million, the Nasdaq-listed firm said on Tuesday (Nov 19). The new data...
