BENGALURU (REUTERS) – Intel Corp is in talks to buy chip giant GlobalFoundries, a big investor in Singapore manufacturing, for about US$30 billion (S$40.6 billion), …
Nasdaq ends lower as investors sell Big Tech
NEW YORK (REUTERS) – The Nasdaq ended lower on Thursday (July 15), pulled down by Apple, Amazon and other Big Tech companies as a fall …
Goldman, 2 former top execs must face shareholder lawsuit over 1MDB scandal
NEW YORK (REUTERS) – Goldman Sachs Group and two former top executives were ordered by a US judge on Monday (June 28) to face a …
Tour agency CTC Travel ventures into e-commerce to tide over bad times amid Covid-19
SINGAPORE – Tour agency CTC Travel had about 100 full-time staff and was serving about 45,000 to 50,000 customers. Since the Covid-19 pandemic hit, 90 …
Bitcoin tumbles further as China tightens crypto crackdown
LONDON (REUTERS) – Bitcoin tumbled on Monday (June 21) to a two-week low on China’s expanding crackdown on Bitcoin mining, as investors grew more uncertain about …
Thailand’s CP Group Selects Anacle’s Simplicity Commercial Real Estate Solution for Lotus’s
Singapore, June 17, 2021 – (ACN Newswire via SEAPRWire.com) – Anacle Systems Limited (“Anacle“) has been selected by Thailand’s Charoen Pokphand Group (“CP Group”) after …
Apple to open more stores even as pandemic drives online sales
(BLOOMBERG) – Apple will add to its global retail presence even as stores in inner cities struggle with an accelerating shift to sales online during …
Investors watching US economic data for signs of inflation, and Fed’s response
SINGAPORE – Inflation and control of the pandemic remained major overhangs during the past week as equity markets continued to plod higher, supported by a …
Ascendas Reit to buy remaining 75% stake in Galaxis for $534 million
SINGAPORE (THE BUSINESS TIMES) – Ascendas Reit is buying the remaining 75 per cent equity stake in Galaxis, a business park at one-north for about …
Jobs that can make you rich
(NYTIMES) – I know money can’t buy you love, but wouldn’t it be nice to have enough money to buy whatever else you want? The …
Banks boost European stocks as recovery hopes grow
BENGALURU (REUTERS) – Shares of banks and automakers lifted European shares on Monday as investors continued to move into economy-linked sectors on hopes of a …
Me & My Career: This ‘plumber’ of the financial world ensures that money flows smoothly
SINGAPORE – Using financial technology, or fintech, to disrupt traditional models may seem “cool”, but Mastercard executive Joseph Tom believes it is as much about …
Wall Street’s top banks widen gulf with rivals amid pandemic
NEW YORK (BLOOMBERG) – Evidence is mounting that Wall Street’s top investment banks spent the pandemic building up their leads. As the banner year for …
TSMC’s $37b spending blitz ignites global chip share rally
TAIPEI • Taiwan Semiconductor Manufacturing Co (TSMC) triggered a global chip stock rally after outlining plans to pour as much as US$28 billion (S$37 billion) …
Asian shares fall amid uncertainty about Georgia Senate runoffs
TOKYO (REUTERS) – Asian shares edged lower on Tuesday (Jan 5) amid uncertainty about Senate runoffs in Georgia, which could have a big impact on …
Me & My Money: Staying invested for the long term is key for veteran investor
SINGAPORE – Investing is about growing your pot of gold, but part of it is also about enjoying what you reap, says investment professional Anubhuti …
Listening to others’ stories to learn about jobs, life skills
Media analyst Tham Jiang Jun, 26, is so passionate about podcasting that he has even created an hour-long training video teaching others how to start …
Asia shares fall as fresh Covid-19 outbreaks overshadow vaccine progress
NEW YORK (REUTERS) – Asian stocks followed Wall Street’s sharp selloff on Thursday (Nov 19) as concerns about rising coronavirus infections and new shutdowns in …
Tech slide, pandemic surge slam Wall Street as stocks suffer biggest weekly loss since March
NEW YORK (REUTERS) – US stock indexes closed lower on Friday (Oct 30) to cap Wall Street’s biggest weekly sell-off since March, as losses in …
Discount broker Charles Schwab to cut about 1,000 jobs
NEW YORK (REUTERS) – Charles Schwab Corp said on Monday (Oct 26) it is laying off about 1,000 positions in the combined workforce of Charles …