Business
Stocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
The following companies saw new developments that may affect trading of their securities on Friday (Jan 16): Keppel: The asset manager on…
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Business
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced that it has bought a logistics property in Columbus, Ohio, in…
Business
A long-held tenet of Asia’s markets is suddenly breaking apart
In many ways, the AI infrastructure trade is the biggest swing factor when it comes to the outlook for Asian stocks A breakdown in the…
Business
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a…
Business
Bank of Japan is said to heighten focus on price impact of weak yen
A fall in the local currency increases inflationary pressures via the higher cost of imports, while it boosts exporters’ profits Bank of…
Business
Secondary listings on SGX set to grow in 2026, but regulatory frictions loom
Well-known companies with such listings here include DFI Retail Group, IHH Healthcare, Nio and Prudential With three recent sizeable…
Business
What are significant risk transfers – and why is DBS reportedly considering them?
Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals A week ago, media reports surfaced…
Business
The Bricks-and-mortar Ruling the Saks Global Bankruptcy
There was a lot of talk about the death of the department store as Saks Global limped along last year and then finally collapsed into…
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IMF’s Georgieva says central bank independence critical, backs Powell
International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and…
Business
JPMorgan CEO Jamie Dimon says he wants to stay in job at least five more years
JPMorgan CEO Jamie Dimon wants to stay at his job “at least” five more years, he told an event hosted by the US Chamber of Commerce on…
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US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude oil than Venezuela got…
Business
Fed officials back rate-cut pause as inflation concerns linger
Several US Federal Reserve officials speaking on Thursday (Jan 15) signalled a willingness to pause interest-rate cuts at their upcoming…
Business
European shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive…
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US stocks: Wall Street ends up as banks gain following results; chips rally with TSMC
US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly…
Business
Verizon Outage: Real Reason Behind Massive Network Outage Revealed as Investigators Believe No Cyberattack Was Involved
Verizon's widespread network outage on Wednesday was reportedly triggered by a technical failure originating in a single East Coast state,…
Business
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK]…
Business
Wall Street opens higher as chip stocks shine
Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally in…
Business
Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels Danish…
Business
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12 Lum Chang Holdings (LCH) announced in a Thursday…
Business
Keppel bags 720 MW power bank for AI data-centre campus near Melbourne
The group is in ‘active discussions with hyperscalers and neoclouds’ on the site’s future capacity Asset manager Keppel on Thursday (Jan…
Business
UBS CEO Ermotti underlines his desire for internal successor
The bank is currently putting together the right candidates for the new leadership, he says UBS CEO Sergio Ermotti hopes his successor…
Business
Australia social media ban hits 4.7 million teen accounts in first month
Social media companies have collectively deactivated nearly five million accounts belonging to Australian teenagers just a month after a…
Business
Samuel Ross Rides on Fashion-tech Boom, Joins Whoop as Investor and Global Creative Director
LONDON — Fashion designer Samuel Ross has joined the Boston-based wearable devices maker Whoop as an investor, as well as its global…
Business
ASML tops US$500 billion market cap as TSMC plans to spend more
ASML, the world’s biggest maker of equipment used to manufacture computer chips, crossed US$500 billion in market value for the first time…