News
Bank of Korea survey shows concerns emerging on US policy change risk
A BANK of Korea (BOK) survey shows US policy risks have emerged as a major concern for local financiers and experts, following the…
Kim Browne
As an editor at GQ British, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
Culture
Dyson dials back Malaysia hairdryer operations, redeploys staff
DYSON is dialling back its hairdryer-related operations in Malaysia, according to sources familiar with the matter who declined to be…
Business
Bankman-Fried’s ex-deputy Wang avoids prison time over crypto fraud
FORMER cryptocurrency executive Gary Wang, who unwittingly wrote the computer code that helped FTX founder Sam Bankman-Fried steal about…
Business
Bitcoin hits record US$95,000 as crypto seeks direct line to Trump
BITCOIN hit US$95,000 for the first time as the digital-asset sector moves to cement its influence with Donald Trump by pushing for a new…
Culture
Nissan Motor urges UK to ease EV targets amid weak demand
NISSAN Motor urged the UK government on Wednesday (Nov 20) to ease up its electric vehicle (EV) mandate, which encourages manufacturers to…
News
Strong US dollar, Trump policies pulling the rug from under Asian, trade-exposed currencies
IN THE past month, the US dollar has strengthened against several Asian currencies – spelling bad news for the region’s trade sectors,…
Business
Blackstone invests US$500 million in Lancium AI buildout
BLACKSTONE invested more than US$500 million in Lancium, which is building more than five gigawatts of data centres in West Texas with an…
Business
Singapore shares open higher on Thursday; STI up 0.1%
SINGAPORE stocks began trading in positive territory on Thursday (Nov 21) after global equities ended mixed overnight. As at 9.04 am, the…
Business
Singtel makes senior management changes, appoints new chief corporate officer
THE telco’s Singapore deputy chief executive Anna Yip, 54, will relinquish her role to lead the business development function, which will…
Business
Stocks to watch: Nio, Singtel
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 21): Singtel: The telecom group…
Business
HSBC shelves plans for trading, financing carbon credits
HSBC Holdings has abandoned plans to build a carbon credits desk, according to sources familiar with the matter, as Europe’s biggest bank…
Business
Nvidia’s AI chip demand still booming but slowing sales growth worries investors
NVIDIA forecast fourth-quarter revenue slightly above estimates on Wednesday (Nov 20), but still failed to meet lofty expectations of some…
Business
Europe: Stoxx 600 flat in volatile trading; real estate weighs
EUROPE’S main stock index closed flat after a volatile session on Wednesday (Oct 20) as investors remained on edge over geopolitical…
Business
US: Target falters on mixed day for stocks
WALL Street stocks were mixed at the end of a choppy session on Wednesday (Nov 20) as investors awaited Nvidia earnings and sold off…
Business
Data centres the big positive surprise in Q3 as most S-Reits post results within expectations
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest rates DATA centres turned…
Business
Financial claims surge 45%, led by spike in scam-related claims, says disputes resolution centre
THE Financial Industry Disputes Resolution Centre (Fidrec) handled 2,162 financial claims for its latest financial period from Jul 1,…
Business
US: Wall Street opens subdued as Nvidia earnings awaited
WALL Street’s main indexes were little changed on Wednesday (Nov 20), as investors awaited AI giant Nvidia’s quarterly results, while also…
Business
HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients
HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers who have between £100,000…
Business
OpenAI launches free AI training course for teachers
Trained on reams of data, generative AI can create brand-new humanlike content, helping users spin up term papers, complete science…
Business
Chinese EV maker Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024,…
Business
China funds slash ETF fees, escalating price war in booming market
MAJOR Chinese fund companies announced a big reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday (Nov 20),…
Business
ADIA, GIC in talks to acquire Pye-Barker Fire & Safety minority stake: sources
The Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are in advanced talks to acquire a minority stake in Pye-Barker Fire &…
Business
Brokers’ take: RHB upgrades UOB to ‘buy’, lifts price target to S$40.20 on positive 2025 outlook
RHB has upgraded its call for UOB to “buy” from “neutral”, while raising its price target for the lender to S$40.20 from S$35.60…
Business
Hot stock: Keppel DC Reit rises 2.3% as investors weigh S$1.4 billion data centre deal, equity fundraising
UNITS of Keppel DC Real Estate Investment Trust (Reit) gained some ground in the morning trading session on Wednesday (Nov 20). As at 9.55…