Business
Record beef imports raising risk of China imposing trade curbs
CHINA’S record beef imports are hitting a market where demand is slowing and prices have fallen to the lowest since 2019, raising the risk…
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Business
Politics
2 Families, in Business 50 Years, Fight for Control of Korea Zinc
When two longtime business partners established a subsidiary 50 years ago to make zinc out of an industrial complex set up by South…
Business
Apple loses top-stock crown as analysts downgrade on iPhone risk
APPLE received a pair of analyst downgrades, in the latest sign that soft iPhone sales are becoming an increasing concern for investors,…
News
US SEC unveils task force to start work on crypto regulations
THE US Securities and Exchange Commission’s (SEC) new leadership said on Tuesday (Jan 21) it had created a task force to develop a…
Politics
Gold hits 11-week high on softer US dollar, Trump policy uncertainty
GOLD prices climbed to a fresh 11-week high on Wednesday (Jan 22), buoyed by a weaker US dollar and as uncertainty surrounding President…
Business
Indonesia to force exporters to keep all US dollar earnings onshore for a year amid rupiah concerns
INDONESIA’S government plans to force commodity exporters to keep their entire foreign currency-denominated earnings onshore for at least…
Politics
STI ends 0.4% lower amid mixed Asian markets and Trump’s tariff remarks
SINGAPORE stocks closed lower on Wednesday (Jan 22) following a mixed picture in other Asian markets, after US President Donald Trump said…
Politics
STI ends 0.4% lower amid mixed Asian markets, Trump’s tariff remarks
SINGAPORE stocks closed lower on Wednesday (Jan 22) following a mixed picture in other Asian markets, after US President Donald Trump said…
Business
Luxury, hotel stocks are all the rage as tourists flock to Japan
JAPAN’S stock market is only now waking up to potential gains from record numbers of big-spending tourists. A growing number of companies,…
Business
Stoneweg E-Reit prices 500 million euro green notes due 2031 at 4.25%
The notes have been assigned a rating of ‘BBB-’ by Fitch Ratings and S&P Global Ratings STONEWEG European Real Estate Investment Trust…
Business
Stocks to watch: Mapletree Logistics Trust, SingPost, Stoneweg E-Reit, Sabana Industrial Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jan 22): Mapletree Logistics Trust…
Business
SingPost names former CFO of Australia business Isaac Mah as group CFO
SINGAPORE Post (SingPost) has appointed Isaac Mah as its group chief financial officer (CFO), effective Wednesday (Jan 22). This comes…
Business
Meta plans Oakley-branded glasses, explores watches and earbuds
META Platforms is working on upgrades to its popular smart glasses and is exploring new wearable devices such as watches and…
Business
United Airlines offers an upbeat outlook on improved pricing power
UNITED Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street…
Fashion
Beauty industry hooked on TikTok braces for an uncertain future
SATURDAY (Jan 19) night gave hundreds of millions of Americans a taste of what life without TikTok would look like, and at least one brand…
Business
Adidas seals turnaround year with strong fourth-quarter sales
ADIDAS reported what it said were better than expected preliminary fourth-quarter results on Tuesday (Jan 21), with strong sales and…
Business
Charles Schwab’s fourth-quarter profit soars on higher asset management fees
BROKERAGE firm Charles Schwab said on Tuesday (Jan 21) that its profit rose 44 per cent in the fourth quarter driven by a jump in asset…
Culture
Netflix posts record quarter thanks to sports, ‘Squid Game’
NETFLIX closed 2024 with its biggest quarterly subscriber gain in history, benefiting from its first major live sporting events and the…
Business
Alternative asset classes regain favour as interest rates tick down
Rate cuts are just one of the many factors driving investors to seek returns outside of equities THE cutting of interest rates by the US…
Business
UBS CEO signals job cuts will continue in quest to lower costs
UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit…
Business
Indonesia fines Google 202 billion rupiah for unfair business practices
INDONESIA’S antitrust agency on Tuesday (Jan 21) ordered Google to pay fines about 202 billion rupiah (S$16.8 million) for unfair business…
Politics
Investors should ‘take a step back’ to spot opportunities for Asean amid Trump tariffs: JPMorgan
EVEN as US President Donald Trump stirs up the market with a barrage of executive orders, JPMorgan’s chief market strategist for the…
Business
Goldman Sachs picks leaders to run Wall Street engines in major revamp
GOLDMAN Sachs Group is preparing to promote a slate of star executives to run its biggest Wall Street business lines, spotlighting the…
News
US: Wall St opens higher with all eyes on President Trump's trade policy
Wall Street’s main indexes opened higher on Tuesday (Jan 21), as investors assessed newly elected President Donald Trump’s executive…