Politics
Emerging market currencies get relief rally from softening Trump threats
Emerging-market (EM) currencies climbed during the first week of Donald Trump’s second term, helped by a softer-than-expected rollout of…
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Business
Business
Nasdaq facing downward pressure in near term
THE Nasdaq-100 Index delivered an impressive 25.9 per cent gain in 2024, led by the stellar performance of heavyweight technology counters…
Business
Huationg Global’s Patrick Ng enhances stake amid robust business prospects
Over the five trading sessions from Jan 17 to Jan 23, institutions were net sellers of Singapore stocks, leading to net institutional…
Business
Industrial S-Reits’ operating performance remain resilient, with positive rental reversions in 2024
Singapore real estate investment trusts (S-Reits) with industrial assets have delivered a resilient performance with continued positive…
Business
Industrial S-Reits’ operating performance remains resilient, with positive rental reversions in 2024
Singapore real estate investment trusts (S-Reits) with industrial assets have delivered a resilient performance with continued positive…
News
Virtual Mail: The New Way to Run Your Business From Anywhere
In today’s fast-paced world, running a business remotely is easier than ever, thanks to virtual addresses. Forget about being tied down to…
Business
JPMorgan’s investment banking chair to step down, memo shows
JPMorgan Chase’s global chair of investment banking and capital markets Kevin Willsey has informed the bank of his decision to retire at…
News
This Hong Kong newspaper seller is preparing for a yuan crash
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s Central District.…
Business
Starbucks CEO made US$96 million in first four months on the job
Starbucks paid new chief executive officer Brian Niccol about US$96 million for four months of work last year, one of the biggest…
Politics
Oil prices settle pennies higher, down for week as Trump touts energy policy
Oil prices settled slightly higher on Friday (Jan 24) but posted a weekly decline, ending four straight weeks of gains, after US President…
Business
Europe: Stoxx 600 slips from record highs amid rising yield pressure
European shares pulled back from its record highs and ended flat on Friday (Jan 24), weighed down by declines in the telecom and energy…
Business
US: Stocks retreat, cutting into weekly gains
Wall Street stocks concluded a winning week on a tepid note on Friday (Jan 24), retreating following mixed earnings in a move attributed…
Politics
Howard Lutnick, Trump’s Commerce Nominee, Discloses Business Interests
Howard Lutnick, the wealthy Wall Street executive whom President Trump has tapped to lead the Department of Commerce, detailed a complex…
Business
Santosa, Kolonas families offer to privatise Japfa at S$0.62 per share
THE family members of Japfa’s founder are looking to take the agri-food company private by way of scheme of arrangement, for S$0.62 per…
Business
Meta to spend up to US$65 billion this year to power AI goals, Zuckerberg says
META Platforms plans to spend between US$60 billion and US$65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said…
Business
Great Eastern granted further extension to May 25 to explore options to return free float
GREAT Eastern now has until May 25 to explore options to comply with free float requirements under the Singapore Exchange’s (SGX) listing…
Business
US: S&P 500, Nasdaq open flat ahead of economic data; Boeing declines
THE benchmark S&P 500 and the tech-heavy Nasdaq opened muted on Friday (Jan 24), with investors staying cautious ahead of economic data,…
Business
Lian Beng’s Ong family offers to privatise SLB Development at S$0.23 per share
LIAN Beng Group’s board of directors – comprising the controlling Ong family – has proposed to acquire and privatise property developer…
Business
Wall Street enters darker age with most stock trading now hidden
HERE’S a surprising new fact about the world’s largest and most-liquid public equity market: Most of the activity on it is not public…
Business
Thomson Medical warns of H1 loss on poorer Malaysia performance
THOMSON Medical expects to report a loss after tax for the six months ended Dec 31, 2024, following a preliminary review of the unaudited…
Business
Japan Foods warns of loss for 9-month period amid lower revenue, higher expenses
This was mainly due to weak sales in November and December 2024, despite a higher number of operating outlets JAPAN Foods expects to…
Business
Far East Orchard unit acquires additional stake in Woodlands Square for S$25 million
A UNIT of Far East Orchard (FEO) has acquired an additional stake in its commercial property in Woodlands for S$25 million. Woods Square,…
Politics
Chinese EV makers file challenges to tariffs at EU court
CHINESE electric vehicle makers BYD, Geely and SAIC have challenged the EU’s import tariffs at the Court of Justice of the European Union…
Politics
BMW joins Chinese EV makers in filing EU court challenge to tariffs
BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on…