Business
Claims against e-wallet players hit half a million dollars in just over a month: financial dispute agency
A TOTAL of 16 claims amounting to half a million Singapore dollars were filed against e-wallet providers in just over a month, with a…
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Business
Claims against e-wallet players hit nearly half a million dollars in just over a month: financial dispute agency
A TOTAL of 16 claims amounting to S$441,625.12 were filed against e-wallet providers in just over a month, with a median claim amount of…
Politics
Some Asian car and battery makers hit as Trump gets to work
SHARES of Japanese automakers and South Korean battery makers declined on Tuesday (Jan 21), after US President Donald Trump said he could…
Politics
China’s Comac aims to lift C919 jet production capacity to 50 this year: report
CHINESE planemaker Comac plans to raise production capacity for its homegrown C919 single-aisle planes to 50 this year, a Comac executive…
Business
Coller Capital expands in South-east Asia’s private equity secondary market with Singapore office
The move extends the company’s commitment to the region as demand from institutional and private wealth investors rise…
Politics
Sembcorp launches Nusantara solar power plant to serve its electricity needs
Sembcorp Industries announced its launch of a power plant in Indonesia’s capital Nusantara on Monday (Jan 20). The Nusantara Sembcorp…
Business
Philippine finance chief sees slower rate cuts on global risks
PHILIPPINE Finance Secretary Ralph Recto said the nation’s central bank will continue to deliver interest rate cuts this year, but they…
Business
Inchcape+ opens BYD commercial EV showroom in Singapore, partners ComfortDelGro for charging
Inchcape+ will provide vehicles for commercial fleets, while ComfortDelGro delivers charging infrastructure and financing support…
Business
Morgan Stanley boosts senior Asia banker bonuses by up to 40%
MORGAN Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40 per cent this year after a jump in…
Business
Morgan Stanley’s bonus payouts for star Asia bankers to jump by up to 50%
MORGAN Stanley’s top-performing investment bankers and traders in Asia will see up to a 50 per cent increase in bonuses due to robust…
Politics
Gold holds steady as markets focus on Trump’s policies
GOLD prices steadied on Tuesday (Jan 21) as markets evaluated the possible consequences of US President Donald Trump’s policies in his…
Business
South Korea seeks tougher delisting rules to remove zombie firms
SOUTH Korea is tightening its delisting rules to kick out poor performers as part of a broader attempt to improve the quality of the stock…
News
Taiwan quake spurs TSMC plant evacuations in island’s south
TAIWAN Semiconductor Manufacturing Company (TSMC) evacuated factories following a 6.4 magnitude earthquake near the city of Chiayi that…
News
TSMC says all its sites operating following Taiwan quake
CHIPMAKER TSMC said on Tuesday (Jan 21) that all its sites were operating following an overnight 6.4 magnitude earthquake in southern…
Politics
Houthis say US and UK ships can safely take Red Sea passage
THE Houthis said they will stop attacking US and UK vessels in the Red Sea area in response to the Israel-Hamas ceasefire agreement after…
Business
STI ends 0.3% lower as investors digest Trump 2.0, no immediate China tariffs
SINGAPORE stocks closed lower on Tuesday (Jan 21), following US President Donald Trump’s second inauguration, even though most markets in…
Politics
Chinese solar panel makers close plants, scale back production in Malaysia as US tariffs bite
SEVERAL Chinese-owned solar panel makers have shut down or scaled back their operations in Malaysia, industry sources say, as US tariff…
Politics
Japan, Australia markets jump after no immediate Trump tariffs; dollar weakens
MARKETS across the Asia-Pacific region jumped, after US President Donald Trump did not immediately impose tariffs following his…
Politics
Trump hold-off on tariffs only a temporary reprieve for markets, analysts say
AS CHINA and other Asian markets react to the pause in the US-China tariff war, analysts have said that it is only a temporary reprieve,…
Business
China may seek more coal from Mongolia as Russia’s share shrinks
CHINA’S record coal purchases last year were driven by big increases in supplies from Australia and Mongolia, while Russian cargoes…
Business
Stocks to watch: Sembcorp Industries
THE following company saw new developments that may affect trading of its securities on Tuesday (Jan 21): Sembcorp Industries: Its wholly…
Politics
Panama opens audit of Chinese port operator while Trump threatens to take canal back
PANAMANIAN authorities began an audit of the China-linked company that controls two ports adjacent to the Panama Canal, as President…
Business
HSBC said to explore options for consumer banking in Australia
HSBC Holdings is studying options for its consumer banking business in Australia including a potential sale as the bank looks to further…
Business
Nomura to rebuild FX options business stung by wave of exits
NOMURA Holdings is crafting plans to rebuild its currency options business after a wave of staff exited the division in London and New…