Real Estate

Meta layoffs hit Singapore as tech giant cuts global workforce
Meta layoffs hit Singapore as tech giant cuts global workforce
JOB cuts by social media giant Meta have hit Singapore, according to public posts on professional networking platform LinkedIn and sources who spoke to The Straits Times (ST).This comes...
Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
US FEDERAL Reserve Bank of Dallas president Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower inflation would not necessarily prompt further interest-rate reductions.“Even if...
Europe: Shares log longest weekly streak of advances in a year
Europe: Shares log longest weekly streak of advances in a year
EUROPE’S main stock index closed lower on Friday (Feb 14), as investors paused following four successive sessions of gains, while luxury stocks advanced after robust earnings from Birkin bag...
UOI’s H2 profit down 9.8% at S.6 million
UOI’s H2 profit down 9.8% at S$15.6 million
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$15.6 million for the second half of its 2024 fiscal year ended Dec 31, a 9.8...
Grand Centrex’s Nasdaq listing fuels ambitions of becoming video game developer
Grand Centrex’s Nasdaq listing fuels ambitions of becoming video game developer
It aims to eventually build a sizeable game studio in Singapore, capable of producing blockbustersVIDEO game distributor and publisher Grand Centrex Limited (GCL) has come a long way. The company...
MAS review group incentives could pull in regional biotech, fintech players: observers
MAS review group incentives could pull in regional biotech, fintech players: observers
High-growth companies in the technology, healthcare and sustainability-linked industries are potential entrants, tooMARKET watchers believe tax incentives proposed by the Monetary Authority of Singapore’s (MAS) equities market review group...
AI to transform wealth management, Microsoft executive says
AI to transform wealth management, Microsoft executive says
ARTIFICIAL intelligence will bring major upheaval to wealth management, a Microsoft executive said, as the technology’s potential to process information vastly reduces the hurdles required to compete with established...
Arm recruits from customers as it plans to sell its own chips
Arm recruits from customers as it plans to sell its own chips
ARM has begun recruiting from its own customers and competing against them for deals as it pushes toward selling its own chips, according to people familiar with the matter...
Money Talk: Why Revenue Doesn’t Equal Profit
When you’re running a business, it might seem like revenue is the ultimate goal. After all, more money coming in means you’re doing well, right? But hold up—revenue isn’t...
US: Wall St opens higher after producer prices data
US: Wall St opens higher after producer prices data
Wall Street’s main indexes opened higher on Thursday (Feb 13) as investors parsed the latest producer prices data, while the prospect of Russia-Ukraine peace talks spurred some risk-taking.The Dow...