Business
Nippon Steel could face growth challenges after US Steel purchase blocked: analysts
JAPAN’S Nippon Steel may need to look at a revamp of its growth strategy after US President Joe Biden blocked its proposed US$14.9 billion…
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Business
Business
Thai central bank says interest rate hold was robust policy amid uncertainty
THAILAND’S central bank said on Monday (Jan 6) that a decision to hold the key interest rate steady last month was a robust policy as the…
Business
Asian currency index falls to two-decade low on Fed, tariff bets
ASIAN currencies fell to a two-decade low, as the US dollar remains buoyed by robust US growth and president-elect Donald Trump’s…
Business
China’s Geely Holding targets over five million units of annual sales by 2027
CHINA’S Geely Holding Group on Sunday (Jan 5) said it aims to sell more than five million vehicles annually by 2027, a big jump from 2023,…
Business
UBS targets Japan’s regional banks with senior sales hires
UBS Group hired three salesmen in Japan to boost its business selling high-yielding structured investments and other tailored derivative…
Business
Dodgers' $80M Ace Predicted To Betray Los Angeles, Sign With Hated Rival
Share ✓ Link copied to clipboard! The San Francisco Giants were seen as the favorites to land starting pitcher Corbin Burnes a few weeks…
Business
Gold steady as investors await US economic data
Gold prices held steady on Monday (Jan 6) as investors awaited a slew of US economic data due out this week for guidance on the US Federal…
Business
Gold extends drop after Fed officials express inflation concern
The bullion is unlikely to hit US$3,000 an ounce by the end of the year, pushing the forecast to mid-2026 Gold fell for a second day as…
Business
Singapore shares open higher on Monday; STI up 0.5%
SINGAPORE shares began Monday (Jan 6) trading in positive territory as overseas markets closed a holiday-shortened week mixed with…
Business
Singapore shares close higher on Monday; STI up 0.5%
Across the broader market, gainers barely beat losers 263 to 258 after 945.4 million securities worth S$854.5 million change hands…
Business
SingPost cautions sale of Aussie assets not done deal; no definitive agreement yet for Famous Holdings
WHILE Singapore Post (SingPost) has been in discussions with various parties for the sale of its assets, there is no certainty that any…
Business
China oil refineries face reckoning as Beijing tackles overcapacity
CHINA’S independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on…
Business
Trade Idea Would Send Mets Projected $427M Superstar in Five-Player Swap
Share ✓ Link copied to clipboard! The New York Mets have had a busy offseason, but more work needs to be done before opening day rolls…
Business
PBOC maintains support for yuan with fix stronger than key level
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session. The People’s…
Business
Stocks to watch: Mapletree Logistics Trust, CSE Global
THE following companies saw new developments that may affect the trading of their securities on Monday (Jan 6): Mapletree Logistics Trust…
Business
iPhone supplier TDK rolls out new batteries to keep pace with AI
TDK, one of the main suppliers of batteries for Apple’s iPhones, will this year roll out an improved version of its most advanced product…
Business
Singapore hospital operator targets wealthy boomers in China
THE task of providing elderly care for the growing number of Chinese baby boomers may be a headache for Beijing, but a Singaporean…
Business
Perennial’s hospitals target wealthy boomers in China as population ages
THE task of providing elderly care for the growing number of Chinese baby boomers may be a headache for Beijing, but a Singaporean…
Business
Microsoft expects to spend US$80 billion on AI this fiscal year
MICROSOFT president Brad Smith on Friday (Jan 3) said the company is on track to pump about US$80 billion into artificial intelligence…
Business
Italy plans US$1.6 billion SpaceX telecom security services deal
ITALY is in advanced talks with Elon Musk’s SpaceX for a deal to provide secure telecommunications for the nation’s government – the…
Business
Trump’s presidency expected to boost S&P 500
The E-mini S&P 500 Index Futures, based on the benchmark S&P 500 Index comprising the 500 largest US companies, experienced its longest…
Business
Singapore bank earnings to continue riding higher-for-longer rates, wealth sector growth in 2025
SINGAPORE banks will likely post earnings growth in 2025, led by higher-for-longer rates and a strong wealth management business, analysts…
Business
17Live aims to be the ‘izakaya’ of live-streaming services
Its business model is based on human connections, interactions and engagement, says CEO WHEN 17Live chief executive Jiang Honghui thinks…
Business
Owners get new kitten for their cat—their relationship goes viral
When a cat owner got a new kitten for her fur-baby, it didn't look like they were going to like each other. But then something switched…