OCBC banking services experienced a disruption on 28 Aug due to "network issues", impacting multiple banking channels. The bank has faced similar "technical issues" in the...
Under the shadow of a corruption probe involving Managing Director Ong Beng Seng, Hotel Properties Limited (HPL) revealed extending S$24.6 million (approx. US$18.1 million) to two...
On Monday (21 Aug), Singtel reported a significant 23% net profit decrease in Q1, attributing it to a pivotal event at Bharti Airtel in Nigeria where...
Malaysia's economy expanded 1.5% q-o-q in Q2 2023, faster than Q1, but the y-o-y growth of 2.9% fell below expectations, indicating challenges due to weak external...
OpenAI faces a financial crisis due to high ChatGPT operational costs, declining user base, and ambitious revenue goals. Investor sustainability questioned.
The Monetary Authority of Singapore (MAS) will phase out corporate cheques by end-2025, impacting Malaysia's business community. While small e-transfers are manageable, concerns about cybersecurity and...
Singapore Exchange (SGX) reports 20.5 million derivative contracts traded in July, with active trading in commodity and foreign exchange (FX) contracts outweighing equities. Commodity derivatives volume...
NBA player, James Harden's appearance on a Chinese influencer's livestream became a viral sensation on Weibo as his personal wine brand, "J-Harden Wines," sold an astonishing...
Singapore's Temasek Holdings defies global divestment trend by increasing Chinese equity investments in Q2. While many investors reduce exposure, Temasek raised stakes in JD.com by 110%,...
Malaysia's recent state elections led to increased influence for the opposition coalition Perikatan Nasional (PN) across six states, potentially impeding reform efforts by the national unity...