Business

Employees in Singapore were among the first in the world to receive devastating layoff notices from Meta at around 4am on May 20, as the tech giant launched another massive global retrenchment exercise affecting approximately 8,000 workers.The company behind...

Gold prices slipped for a second consecutive session after stronger-than-expected inflation data from the United States increased expectations that interest rates could remain elevated for longer.As of this morning, spot gold fell around 0.4 per cent to approximately US$4,695.18...

Singapore’s iconic beer brand is undergoing a major operational shift, with production set to move beyond local shores in the coming years. The decision is expected to impact workers while reshaping the country’s role in the regional brewing landscape.Asia...

Global gold prices staged a strong rebound after falling to a near one-month low, with the precious metal climbing sharply as investors reacted to political uncertainty in the United States and shifting expectations around interest rates.Spot gold jumped by...

Singapore’s largest bank has revealed the compensation of its top executive, with DBS Group Holdings stating that chief executive officer Tan Su Shan received more than S$9.6 million in remuneration for the financial year ending Dec. 31, 2025.The figure...

A Singapore man has turned his year-end bonus into a short-term investment gain after buying a 50-gram gold bar for S$9,400 and selling it less than two months later for S$10,500, earning a profit of S$1,100 in the process....

Manulife Singapore has set a new milestone in the global insurance industry after issuing a single life insurance policy worth US$300 million — approximately S$380 million — to one client.The deal surpasses what had previously been recognised as the...

DBS Bank will roll out a new 12-hour waiting period for selected digital banking transactions as part of enhanced anti-scam measures aimed at protecting customers from unauthorised activity.The new rule will take effect on March 7 and applies to...

DBS Bank has announced a one-time cash bonus of S$1,000 for its junior employees in Singapore, a move that has been welcomed by staff amid continued cost-of-living pressures. The announcement was made on Feb. 9, with the bank highlighting...

The wave of artificial intelligence adoption has claimed another round of jobs — this time at one of the world’s biggest software firms. US-based cloud computing giant Salesforce has confirmed that it has laid off nearly half of its...