Business
UOB soars 4%, OCBC jumps 3% to new records, driving STI to all-time high
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB shares surged…
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Business
Business
UOB, OCBC hit records, drive STI to all-time high
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged as much…
Business
UOB, OCBC hit record highs; STI reaches all-time peak
Shares of UOB and OCBC hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged 5 per…
Business
China’s AI stocks with killer apps are winning investor favour
Profitable app makers are trading more cheaply than some of the more overheated tech segments As China’s homegrown artificial intelligence…
Business
Gold, silver and platinum extend record-setting rally
Gold notched another record high on Friday (Jan 23), while silver and platinum also extended gains to hit all-time peaks, powered by…
Business
TikTok U.S. Joint Venture Deal Closes, Former Warner Bros. Exec Adam Presser Named CEO
ByteDance has closed a deal to form TikTok U.S., a joint venture that is majority-owned by American investors — finally bringing the…
Business
Surging memory chip prices dim outlook for consumer electronics makers
AL demand for smartphones, personal computers and gaming consoles is expected to shrink this year as companies from Britain’s Raspberry Pi…
Business
SGX seeks public feedback on changes to board lot sizes
The Singapore Exchange (SGX) on Friday (Jan 23) said that it is seeking feedback from the public on proposed changes to reduce the…
Business
SGX seeks public feedback on reduction of board lot sizes
The Singapore Exchange (SGX) on Friday (Jan 23) said that it is seeking feedback from the public on proposed changes to reduce the…
Business
Co-living operator The Assembly Place opens 34.8% above IPO price in Catalist debut
The Assembly Place rose at its Catalist debut on Friday (Jan 23), which marks the second listing of a co-living operator on the Singapore…
Business
S-E Asia semiconductor stocks: Tariff risks vs AI boom
Investors mull over a mix of factors, but analysts cite target prices that are mostly higher It has been a disparate picture for…
Business
TikTok strikes deal for new US entity, ending long legal saga
TikTok said on Thursday (Jan 22) that its Chinese owner, ByteDance, had struck a deal with a group of non-Chinese investors to create a…
Business
Malaysia’s strong ringgit squeezes export reliant glove makers
Malaysia’s world-leading producers of latex gloves are facing tightened profit margins as the nation’s strong currency bites into US…
Business
Stocks to watch: Prudential, Keppel, Suntec Reit, Aztech Global, The Assembly Place
The following companies saw new developments that may affect trading of their securities on Thursday (Jan 22): Source link
Business
Why 'menopause masking' can have consequences - as I discovered
Zoe KleinmanTechnology editor Back in November, I posted a note on LinkedIn about brain fog. I dashed it out in about 10 minutes - how for…
Business
Crocs bets US$150 clogs shaped like Lego bricks will generate buzz
The casual footwear maker needs a new hit as the rapid growth of recent years fades fans will soon be able to wear the brand’s trademark…
Business
Danantara shifts into deployment era with US$12 billion war chest
A global bond sale is also being targeted as the Indonesian sovereign wealth fund scales up deployment Indonesian sovereign wealth fund…
Business
Capital One just made a $5.15 billion move that could change how businesses manage money
Capital One is buying Brex in a $5.15 billion stock-and-cash deal that underscores how traditional banks are turning to fintech startups…
Business
Roomba maker’s sale to Chinese manufacturer approved by US bankruptcy judge
Amazon.com tried to buy iRobot for US$1.4 billion in 2023 but the deal fell through The company filed for bankruptcy in December after…
Business
BNP Paribas seeks to cut about 1,200 roles on Axa IM integration
More recently, the CEO Jean-Laurent Bonnafe has been selling some stakes in various businesses Paribas is seeking to eliminate about 1,200…
Business
Gold’s bullish outlook makes it a core portfolio asset, not just a hedge, say panellists
The precious metal will likely continue to rally amid geopolitical uncertainty and central bank demand, observers say Gold is increasingly…
Business
From US tech to emerging markets, investors urged to diversify in volatile year
Panellists highlight investment opportunities for 2026 amid geopolitical uncertainties Steve Brice, Global Chief Investment Officer of…
Business
Stretched valuations no barrier to global equity opportunities in 2026: panellists
Investors can still generate returns by being risk-on in a diversified manner, say market watchers Risk assets will likely continue to…
Business
Amazon plans thousands more corporate job cuts next week, sources say
Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, according…