Business
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Affordability a key focus as food delivery platforms continue to grow: Momentum Works
This has driven down average order value, but the net effect is faster gross merchandise value growth [SINGAPORE] Food delivery platforms across South-east Asia continue to focus on affordability to…
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Oil futures surge 3% a barrel as winter storm slams US output
Published Wed, Jan 28, 2026 · 05:59 AM [HOUSTON] Oil prices settled 3 per cent higher on Tuesday as producers reeled from a winter storm that hobbled crude production and drove…
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UPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM [WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last…
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UPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM [WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last…
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S&P, Nasdaq opens higher as earnings roll in
Published Tue, Jan 27, 2026 · 10:48 PM [NEW YORK] The S&P 500 and the Nasdaq opened higher on Tuesday (Jan 27) as investors parsed a fresh round of mega-cap…
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American Airlines forecasts upbeat 2026
Published Tue, Jan 27, 2026 · 10:43 PM [WASHINGTON] American Airlines forecast its 2026 profit above Wall Street expectations on Tuesday (Jan 27) even as it flagged a hit of…
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SoftBank-backed analytics firm Patsnap weighs dual listing in Hong Kong and Singapore
Published Tue, Jan 27, 2026 · 09:42 PM [SINGAPORE] Patsnap, an intellectual-property data provider, is mulling a dual listing in Hong Kong and Singapore, according to people familiar with the…
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Indonesia’s 2025 GDP growth estimated at targeted 5.2%, finance minister says
Published Tue, Jan 27, 2026 · 09:20 PM [JAKARTA] Overall GDP growth in Indonesia is expected to have met the 5.2 per cent target for 2025 despite widespread destruction caused…
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StanChart announces multi-year partnership with Formula 1
The bank will also work with F1 Academy to promote inclusion and champion female motorsport talent [SINGAPORE] Standard Chartered (StanChart) announced on Tuesday (Jan 27) a multi-year deal to become…
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Fed’s first meeting of 2026 likely to be dominated by threats to central bank’s independence
ALL eyes are on what US Federal Reserve chairman Jerome Powell will say and do this week. While he is unlikely to change policy at the end of the central…
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Hong Leong Asia proposes spinning off Guangxi Yuchai Marine and GenSet Power on HKEX
But the group cautions that the listing is still subject to requisite approvals from the relevant regulatory authorities [SINGAPORE] Hong Leong Asia on Tuesday (Jan 27) announced that Guangxi Yuchai…
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Sasseur Reit rejects Xi’an mall offer from sponsor, targets South-east Asia for growth
Manager notes proposed acquisition will result in material dilution of DPU and NAV per unit, based on reasonable funding costs assumption [SINGAPORE] Sasseur Real Estate Investment Trust (Sasseur Reit) has…
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Increased AI automation can worsen gender inequality in the workplace: report
Study by non-profit advocacy group finds that young women are the most vulnerable to being displaced by the tech [SINGAPORE] As artificial intelligence (AI) transforms the economy, women – especially…
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AI boom risks widening gender gap at work, with Gen Z women most exposed: Apac report
Achieving gender equity requires technology and HR teams to work in tandem, says co-founder of advocacy group [SINGAPORE] As artificial intelligence (AI) transforms the economy, women – especially those from…
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Vietnam’s e-scooters rise on policy tailwinds, eroding gasoline bike sales
VinFast logged a jump of nearly six times in e-scooter sales in 2025, outpacing Honda’s marginal growth and a decline at Yamaha [HANOI] Gasoline-powered motorbikes are losing appeal in Vietnam,…
