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STI edges down, following mixed Asia markets amid threat of Trump tariffs
STI edges down, following mixed Asia markets amid threat of Trump tariffs
SINGAPORE stocks were trading lower on Tuesday (Nov 26), following a mixed picture in other Asian markets after US president-elect Donald Trump said he would impose an extra 10...
Starbucks using pen and paper to track pay after vendor hack
Starbucks using pen and paper to track pay after vendor hack
STARBUCKS said a ransomware attack at a third-party software supplier has disrupted its system for tracking employee schedules, forcing the coffee giant to manually tally workers’ hours and pay.Blue...
Stocks to watch: Sats, Sembcorp
Stocks to watch: Sats, Sembcorp
THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 26): Sats: The in-flight caterer and ground handler intends to divest 49 per...
Trump crypto project gets US million investment from Justin Sun
Trump crypto project gets US$30 million investment from Justin Sun
THE controversial China-born crypto entrepreneur Justin Sun has invested US$30 million in President-elect Donald Trump’s World Liberty Financial, making him the largest investor in the decentralised finance (DeFi) project.“The...
RBNZ set to join aggressive rate cutters with second big move
RBNZ set to join aggressive rate cutters with second big move
NEW Zealand’s central bank is expected to lower interest rates by half a percentage point for a second straight meeting, becoming one of the most aggressive cutters among its...
Macy’s delays Q3 report on accounting issue, expects weaker sales
Macy’s delays Q3 report on accounting issue, expects weaker sales
Macy’s on Monday (Nov 25) delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses and instead posted preliminary results in which its...
Stocks to watch: Sats, Sembcorp
Sats unit to shed stake in Saudi Arabia subsidiary for S$52.6 million
IN-FLIGHT caterer and ground handler Sats intends to divest 49 per cent of its interest in its Saudi Arabia cargo-handling subsidiary for S$52.6 million to a private limited company...
Thai banking system has large excess liquidity: central bank
Thai banking system has large excess liquidity: central bank
THAILAND’S banking system has large excess liquidity and the central bank has not tightened its lending supervision, an assistant governor said on Monday (Nov 25), reflecting banks’ reluctance to...
HSBC sustainability chief leaves after executive committee role dropped
HSBC sustainability chief leaves after executive committee role dropped
HSBC’s chief sustainability officer, Celine Herweijer, has stepped down, the bank said on Monday (Nov 25), weeks after a management reshuffle removed her role from the lender’s executive committee. Herweijer...
Europe: STOXX 600 hits two-week high
Europe: STOXX 600 hits two-week high
Europe’s main stock index opened at a two-week high on Monday (Nov 25), boosted by US President-elect Donald Trump’s Treasury Secretary nomination and upbeat comments by the European Central...