The Straits Times
1037 articles in the TruthFoundry index. Each links out to the original.
- Poultry Supplier Files Winding-Up Application Against Singapura Heritage Food Hall · Toh Thye San Farm filed a winding-up application against Singapura Heritage Food Hall over alleged unpaid debts.
- OpenAI APAC policy head Sanghyun Lee departs after six months in role · OpenAI's Singapore-based APAC policy lead Sanghyun Lee is leaving after six months.
- Nvidia-Backed Firmus Grid Shelves IPO Amid Market Volatility · Firmus Grid has shelved its planned IPO to pursue private funding options instead.
- Nvidia-Backed Firmus Cancels $5.5 Billion Australian IPO Amid AI Funding Concerns · Firmus Grid cancels its planned $5.5 billion IPO, signaling growing investor skepticism toward high-valuation AI infrastructure projects.
- Financial Times reports OpenAI annualised revenue $20B lower than prior signals · Financial Times reports OpenAI annualised revenue is $20 billion below previously stated figures.
- Ex-Warner Bros CEO David Zaslav gains $600 million from Paramount sale · Former Warner Bros. Discovery CEO David Zaslav earned US$600 million in the Paramount Skydance sale.
- American Express Fined $350 Million For Anti-Money Laundering Failures · US regulators fined American Express $350 million over anti-money laundering system lapses.
- Singapore Exchange rules demand shareholder engagement alongside corporate disclosure · New SGX listing rules require enhanced disclosure and active shareholder participation for better governance.
- Traveler Recounts Failed Unrecorded Group Holiday Expense System · Amsterdam traveler describes failed group expense tracking during Thailand Cambodia trip.
- CDL adopts EDP+ e-payments ahead of Singapore 2027 cheque cutoff · Singapore property developer CDL switches to EDP+ before corporate cheques end in 2027.
- WTO Raises 2026 Global Goods Trade Forecast To 3.9% On AI Demand · WTO upgraded 2026 global goods trade growth to 3.9% as AI demand offsets Middle East disruption.
- Crystal Jade Closes Four Singapore Outlets; Workers Secure Interviews · Crystal Jade restaurant group closes four outlets in Singapore as part of a restructuring ahead of a proposed sale.
- Kenangan Coffee CEO Targets SGX IPO Within 24 Months · Kenangan Coffee CEO Edward Tirtanata says the chain is considering an IPO on the Singapore Exchange within the next two years.
- ASOS Cyber Hack Exposes Customer Personal Data · ASOS reported a cyber breach exposing customer names and contact details but not payment data.
- PhysicsX Opens Singapore Hub to Scale AI Industrial Engineering · British AI firm PhysicsX launches Asia-Pacific hub in Singapore to expand industrial engineering capabilities.
- Bahrain F1 Grand Prix in Malaysia generates $108.1M for local SMEs · Malaysian micro SMEs received RM345 million economic spillover from the Bahrain F1 race.
- UOB hires 1,000 graduates despite AI fears over entry-level roles · UOB plans to hire 1,000 fresh graduates while equipping 5,500 managers with AI leadership skills.
- Mary Chia Holdings Faces CPF Arrears, Insolvency Dispute, and $1M Fundraising · Singapore beauty group Mary Chia Holdings owes nearly $153k in CPF arrears amid insolvency disputes and plans a $1M share issue.
- Tencent Considers $5 Billion Bond Sale to Fund AI Expansion · Tencent is considering a $5 billion offshore bond offering to finance its artificial intelligence development.
- Universal Quantum Raises US$100M Series A Led by Roblox CEO and Singapore Fund · British quantum start-up Universal Quantum secured US$100 million in Series A funding from Roblox CEO David Baszucki and Singapore's EDBI.
- True Fitness and True Yoga liquidators receive 3,300 creditor claims · Liquidators for True Fitness and True Yoga received over 3,300 claims following voluntary liquidation.
- Singapore Banks DBS, OCBC, UOB Shares Extend Losses Amid Earnings Concerns · Shares of Singapore banks DBS, OCBC, and UOB fell further on Oct 8 due to profit-taking and earnings concerns.
- Goldman Exec Says Young Bankers Will Manage AI Agents from Day One · Goldman Sachs executive Kevin Sneader predicts young bankers will immediately manage AI agents, reshaping traditional career paths.
- Prudential Japan Executives Take Pay Cuts Over Staff Misconduct · Prudential Japan executives face pay cuts after an investigative panel found widespread employee misconduct involving customer funds.
- Samsung Projects Record $95.7B Quarterly Profit Driven by AI Chip Demand · Samsung Electronics projects a record $95.7 billion quarterly profit fueled by surging AI chip demand.
- Oil Prices Rise Amid Middle East Shipping Attacks and Supply Worries · Oil prices surged on Oct 8 due to escalating shipping attacks in the Gulf and Strait of Hormuz.
- Malaysia's IOI Properties bets billions on Singapore CBD real estate · IOI Properties CEO Lee Yeow Seng is investing billions in Singapore's Central Business District, citing safety and prestige.
- Revolut to Invest $350 Million in Singapore, Expand to 300 Staff · Revolut plans a $350 million investment in Singapore to expand its workforce to 300 employees by 2027.
- Singapore Post Trials Digital Stamps for Seamless Mailing · SingPost launches a trial allowing users to buy digital stamps via app for domestic mail.
- EnterpriseSG allocates $120M over 5 years for SME innovation support · Enterprise Singapore will invest $120M to consolidate and enhance innovation centres for SMEs.