News
Thai billionaire Charoen to retire as Frasers Property chairman; other board changes announced
FRASERS Property announced on Friday (Feb 7) evening that its board chairman, Thai billionaire Charoen Sirivadhanabhakdi, will retire from office on Feb 8, 2025.He will be succeeded by Chumpol...
Creative H1 loss widens to S$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the group on its outlookHOME-GROWN electronics company Creative Technology saw...
NoonTalk Media’s half-year loss narrows to S$0.9 million
ENTERTAINMENT company NoonTalk Media’s net loss for the six months ended Dec 31, 2024, was down to S$0.9 million from the S$1.3 million loss in the previous corresponding period.That...
Maybank upgrades SGX to ‘buy’, raises price target on potentially stronger IPO pipeline, safe-haven factor
MAYBANK upgraded its call for the Singapore Exchange (SGX) to “buy” and raised its price target for the stock on Friday (Feb 7).That comes after SGX on Thursday (Feb...
Ride-hailing platform Lyft ties up with Anthropic for AI-powered customer care
LYFT said on Thursday (Feb 6) that it has tied up with Amazon and Alphabet-backed startup Anthropic to roll out artificial intelligence (AI) tools for the ride-hailing platform’s customer...
YouTube is buying TikTok ads to lure creators before US ban
YOUTUBE is running ads on TikTok targeting the app’s content creators, an effort to lure these valuable users to the Google-owned rival and capitalise on TikTok’s uncertain future.“I never...
Gold set for sixth successive weekly gain; US jobs data in focus
GOLD prices steadied on Friday (Feb 7) near record-high levels, and were headed to log their sixth successive weekly gain, as trade war jitters lifted safe-haven demand, while investors...
Industrial property in Singapore among sectors likely to take a hit from JS-SEZ, analysts say
Manpower or space intensive sectors could reap big savings by moving to the special economic zone across the Causeway WHILE some industries in Singapore, such as banks and gaming,...
Singapore shares rise at Friday’s open; STI up 0.1%
SINGAPORE shares began Friday (Feb 7) trading in positive territory as markets abroad mostly closed higher. As at 9.01 am, the Straits Times Index (STI) was up 0.1 per cent...
Puma curbs flow of sneakers from China to US as tariffs kick in
PUMA is shipping far fewer Chinese-made sneakers to the US as the trade war between the countries heats up.The German sportswear brand is sourcing only about 10 per cent...
