The reductions impacted mostly staff at vice president and associate levels in sectors including consumer, energy and health care.

In its outlook, UBS however signaled that the turning central-bank rate environment is beginning to impact earnings from lending. The bank expects a “low to mid single-digit decline” in net interest ...

Lendlease Global Commercial REIT has reported an improved portfolio committed occupancy of 88.8% as at March 31 versus 87.9% ...

Neste will deliver the blended jet fuel to Changi Airport’s fuel hydrant system in two batches — in 2Q2024 and 4Q2024.

Nvidia shares have rebounded since April 19, when AI hardware makers tumbled ahead of the first week of Big Tech earnings.

“As lower margin pre-Covid projects near completion, ISOTeam is poised to benefit from higher-margin projects tendered, ...

Citi analyst Brandon Lee notes a “surprisingly resilient” Chinese portfolio with MLT’s marginal increase in occupancy for the ...

Citi has appointed Damien Tan as head of corporate bank for Singapore. Tan was appointed to the role on May 1.

According to the company, the higher costs have persisted into the current reporting period although the new projects awarded ...

In its May 7 statement, MAS says the company has taken the “necessary remedial actions” to address the deficiencies identified.

Amazon.com Inc. plans to spend US$9 billion ($12.17 billion) expanding its cloud computing infrastructure in Singapore, the latest global tech company to boost investment in Southeast Asia.

VR could also enable a new way of experiencing performing arts. Aventura, a Singapore-based creative tech studio, works with local dance companies to produce immersive shows that allow viewers to feel ...