Lifestyle
Fed officials signal interest rates likely on hold for a while
SEVERAL Federal Reserve officials confirmed on Thursday (Jan 9) that the US central bank will likely hold interest rates at current levels for an extended period, only cutting again...
Firm dollar adds pressure to sterling and euro
The US dollar charged ahead on Thursday (Jan 9), underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure near multi-month lows amid the shifting threat...
Sats and WFS clinch 14 new cargo and ground handling contracts from Air India
IN-FLIGHT caterer and ground handler Sats and its wholly-owned subsidiary Worldwide Flight Services (WFS) have been awarded 14 new contracts from India flag carrier Air India in major airports...
Ong Beng Seng acquires 150,000 more shares in Hotel Properties for S$537,000
PROPERTY tycoon Ong Beng Seng has acquired 150,000 shares in Hotel Properties Limited (HPL) via an off-market transaction for S$3.58 per share.Following the transaction, his stake in the company...
Sustainable growth and rationality to emerge as key themes for e-commerce
MARKET consolidation and new entrants stole the e-commerce industry headlines in 2024. But market watchers say the year ahead will be more rational in this space, with customers across...
Wall Street expected to shed 200,000 jobs as AI erodes roles
GLOBAL banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human...
From banks to tech: The Singapore winners from the Johor-Singapore SEZ
SINGAPORE and Malaysia have established a new Johor-Singapore Special Economic Zone (JS-SEZ) that will drive investments in key sectors.The 11 key sectors are: manufacturing, logistics, food security, tourism, energy,...
Hyundai Motor Group to invest record 24.3 trillion won in South Korea this year
SOUTH Korea’s Hyundai Motor Group said on Thursday (Jan 9) that it planned to boost domestic investment by 19 per cent to a record high of 24.3 trillion won...