SingPost sets three-year deadline for transformation
Through a multi-pronged strategy, SingPost will attempt to transform itself fully into a logistics company within three years, group chief…
Sceptics scour earnings for signs of recovery
As Chinese stocks bottom out after months of selling, investors are sifting through earnings for signs of a sustainable recovery.
Singtel to launch cloud computing offering
Singtel is launching GPU-as-a-Service (GPUaaS) in Singapore and South-East Asia in the third quarter of 2024.
Short seller Block says he’s even ‘more bearish’ on Blackstone Trust
Short seller Carson Block said his firm has grown “more bearish” on Blackstone Mortgage Trust, citing troubles with multifamily properties.
ShopBack cuts 195 employees in push for sustainability
Temasek-backed cashback and rewards platform ShopBack has reduced its employee headcount by 24%, or 195 roles, “to become more focused…
UK employers cut forecasts for pay deals to 4% this year
United Kingdom employers lowered their forecasts for the pay awards they will make in 2024, a new survey shows, which…
Headline inflation to be between 2% and 3.5% in 2024
Headline inflation is expected to remain moderate amid contained cost pressures from easing global supply conditions.
Big banks say sustainability pledges not enough
Some of Canada’s biggest banks have for the first time said their green financing efforts may not necessarily curtail emissions…
Once-hot Chilean telco WOM now a bondholder’s headache
WOM Chile, once a rising telecom startup that the bond market couldn’t get enough of, now has investors searching for…