Lifestyle
Singapore shares fall at Thursday’s open tracking Wall Street sell-off; STI down 0.9%
SINGAPORE stocks were pulled into negative territory on Thursday (Apr 11), tracking a Wall Street retreat after US inflation data topped estimates, dashing hopes for near-term rate cuts by...
Airbus facing upfront costs to support jet output increase
AIRBUS is incurring up-front costs as it prepares for higher jet production and plans a breathing space to absorb them once it reaches its output goal, its finance chief...
KKR, HSBC talk up China opportunities after lengthy sell-off
KKR & Co and HSBC Asset Management sounded an optimistic note on China even as global investors withdraw billions, underscoring signs of rebounding confidence in the world’s second-largest economy....
Oil settles higher after Israeli strike overshadows ceasefire talks
OIL prices settled up US$1 on Wednesday (Apr 10) after three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip, feeding worries that...
Private equity money finding sweet deals in mid-market
THE middle market is becoming the space to watch as private equity (PE) deal-making picks up, industry players said. Targets are plentiful and there is no shortage of exit...
McKinsey begins hundreds of job cuts with client demand muted: sources
MCKINSEY & Co is beginning to eliminate roughly 360 jobs as the consulting giant deals with a slowdown in demand for its services.The reductions are global and will affect...
Crypto trading concentration a ‘considerable concern’, EU watchdog says
THE high concentration in crypto trading on a handful of exchanges, with Binance alone accounting for about half the market, raises concerns about the impact of a failure on...
Toyota puts US$300 million into VC funds for climate, science startups
TOYOTA Motor is putting US$300 million into its venture arm to back early startups focused on climate and so-called frontier technologies in areas like carbon capture, AI and space...
