Author: Journalist

From dental clinics and opticians to HR firms, companies here are adapting in different ways as JB’s pull grows stronger[SINGAPORE] Snaking queues, petrol fumes and impassive immigration officers – that’s the typical experience of crossing the border into Johor Bahru.In the coming years, this is set to become more seamless as long-planned infrastructure projects such as the Rapid Transit System (RTS) Link and the expansion of the Woodlands Checkpoint – one of two land crossings between Singapore and Malaysia – come online.In 2024, daily traveller volume at Woodlands Checkpoint rose 22 per cent year on year to 327,000, from 269,000…

The U.S. Securities and Exchange Commission (SEC) may reconsider its rules allowing foreign companies to file financial statements using International Financial Reporting Standards (IFRS) accounting standards due to the IFRS Foundation’s formation and backing of the International Sustainability Standards Board (ISSB), according to a warning issued by SEC Chair Paul Atkins on Wednesday. The remarks, made during Atkins’ keynote address at the inaugural OECD Roundtable on Global Financial Markets, form the latest in a series of moves by the SEC since beginning of the Trump administration to push back on increasing requirements for corporate sustainability and climate reporting globally, including…

Digital workflow company ServiceNow and sustainability risk management tech company Socialsuite announced the launch of a new combined solution aimed at helping companies to integrate their sustainability and risk management capabilities using AI and software and meet ESG reporting compliance requirements. The new integrated solution follows the launch earlier this year by Socialsuite a new software platform aimed at helping companies manage double materiality assessments, a key requirement of some new sustainability reporting regulations such as CSRD. ServiceNow launched an ESG solution on its platform in 2021 designed to enable companies to plan, activate, manage and report on ESG strategies…

SINGAPORE – Two businessmen who built the Chang Cheng food and beverage empire, which operates coffee shops, foodcourts and stalls islandwide, decided to go their separate ways in 2018 after a falling out.  Both men claimed they had reached an oral agreement on the parting of ways, but each man gave a different version of the deal when the dispute ended up in court. Mr Ricky Kok contended that his business partner Yap Wing Sang had agreed to exit the F&B operating companies in exchange for keeping a stake in other firms that own properties such as coffee shops.But Mr…

Traders work on the floor of the New York Stock Exchange during morning trading on August 26, 2025 in New York City. Michael M. Santiago | Getty ImagesU.S. stocks were little changed on Tuesday after the Nasdaq Composite hit a new record.The Dow Jones Industrial Average traded 9 points higher. The S&P 500 gained 0.1% along with the Nasdaq.Nvidia traded slightly higher, while Apple shares were flat ahead of an annual event in which the company is expected to unveil a new iPhone.Wall Street is coming off a winning session. The Nasdaq rose 0.5%, as key chipmakers such as Broadcom…

Bitcoin whales have sold a whopping $12.7 billion in Bitcoin over the past month, and continued sales could further pressure its price for the next few weeks, according to analysts.“The trend of reducing exposure by major Bitcoin network players continues to intensify, reaching the largest coin distribution this year,” observed CryptoQuant analyst “caueconomy” on Friday. They added that in the last 30 days, whale reserves have fallen by more than 100,000 Bitcoin (BTC), “signaling intense risk aversion among large investors.”This selling pressure has been “penalizing the price structure in the short term,” ultimately pushing prices below $108,000. According to CryptoQuant data,…

Traders work at the New York Stock Exchange on June 4, 2025. NYSEStock futures were little changed on Sunday as investors gear up for a data-heavy week that includes two closely watched readings on inflation.Futures tied to the Dow Jones Industrial Average slipped 18 points, or 0.04%. S&P 500 futures pulled back 0.09%, alongside Nasdaq 100 futures. Investors are awaiting two critical inflation reports this week for more insight into the health of the economy, after weaker-than-expected hiring data on Friday. The producer price index report for August is due out Wednesday morning, followed by the consumer price index on…

In brief The U.S. economy added just 22,000 jobs in August. That locks in rate cuts in the coming months, according to Grayscale’s Zach Pandl. A labor snapshot like Friday’s would typically provoke recession fears, he said. The price of Bitcoin and other cryptocurrencies seesawed on Friday as investors weighed a weaker-than-expected jobs report against the increased likelihood of rate cuts.Nonfarm payrolls increased by 22,000 in August, the U.S. Bureau of Labor Statistics said, while economists anticipated that the U.S. economy would add 75,000 jobs last month. The unemployment rate meanwhile ticked up to 4.3% from 4.2% a month prior.Bitcoin…

Check out the companies making headlines in premarket trading. Alphabet — The parent of Google and YouTube jumped more than 6% after a federal judge ruled that Alphabet can keep its Chrome browser. But Google won’t be able to sign exclusive search deals and also has to share its data, the ruling said. Macy’s — The retailer jumped 13% after posting second-quarter results that beat expectations. Macy’s earned an adjusted 41 cents per share on revenue of $4.81 billion, while analysts polled by LSEG expected a profit of 18 cents per share on revenue of $4.76 billion. Macy’s also raised…

The Bachelor of Business with Honours degree programmes at NTU Singapore will be extended to four years from three years, starting next year. The four-year Bachelor of Business Single and Double Major programmes offered by NTU’s Nanyang Business School (NBS) will retain the academic rigour of the existing programmes, while giving students more time and flexibility to build both depth and breadth in their learning.The enhanced curriculum aims to deepen technological fluency and nurture an agile mindset through broader interdisciplinary training. It will also elevate career readiness through real-world experiences and global exposure, and provide students with greater flexibility to…