News
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...
Singtel secures S$643 million green loan for new data centre in Tuas
SINGTEL’S regional data centre arm, Nxera DCT, has secured a S$643 million five-year green loan to finance the development of a new 58 megawatt data centre in Singapore.
Participating...
L’Oreal sales miss estimates as China demand remains weak
L’OREAL’s fourth-quarter sales fell short of analysts’ estimates after demand in the US failed to make up for a continued downturn in China.Sales overall rose 2.5 per cent on...
Amazon offers weak outlook on rising spending for AI
AMAZON.COM projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues to ramp up spending to support artificial intelligence (AI) services.Operating income will...
Keeping boards relevant in a changing world
A FUNDAMENTAL principle of change management is that an organisation’s internal rate of change must surpass the external rate of change for it to thrive. This concept applies to...
BRC Asia Q1 profit after tax rises 13.9% to S$19.5 million
This is despite revenue falling 12.4% year on year to S$349.8 million, from S$399.2 millionSTEEL fabricator BRC Asia on Thursday (Feb 6) announced its profit after tax rose 13.9...
