Business
Singtel-owned NCS names Sam Liew as CEO as Ng Kuo Pin steps down
Singtel’s subsidiary NCS on Friday (Jan 16) announced that Ng Kuo Pin will step down as chief executive officer on Apr 1 after seven years…
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Business
HSBC to conduct ‘strategic review’ of HSBC Life
HSBC said on Friday (Jan 16) that it would conduct a strategic review HSBC Life, its insurance manufacturing business in Singapore. The…
Business
HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy
The bank says this comes under the group’s global ‘ongoing simplification’ drive HSBC said on Friday (Jan 16) that it would conduct a…
Business
Stocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
The following companies saw new developments that may affect trading of their securities on Friday (Jan 16): Keppel: The asset manager on…
Business
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced its purchase of a logistics property in Columbus, Ohio, in the…
Business
A long-held tenet of Asia’s markets is suddenly breaking apart
In many ways, the AI infrastructure trade is the biggest swing factor when it comes to the outlook for Asian stocks A breakdown in the…
Business
Actor Timothy Busfield charged with sexually abusing boys on TV series set
Actor Timothy Busfield has made his first court appearance after turning himself in on criminal charges that he allegedly sexually abused…
Business
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a…
Business
Bank of Japan is said to heighten focus on price impact of weak yen
Bank of Japan (BOJ) officials are paying increasing attention to the yen’s potential impact on inflation, with possible implications for…
Business
Secondary listings on SGX set to grow in 2026, but regulatory frictions loom
Well-known companies with such listings here include DFI Retail Group, IHH Healthcare, Nio and Prudential With three recent sizeable…
Business
What are significant risk transfers – and why is DBS reportedly considering them?
Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals A week ago, media reports surfaced…
Business
The Bricks-and-mortar Ruling the Saks Global Bankruptcy
There was a lot of talk about the death of the department store as Saks Global limped along last year and then finally collapsed into…
Business
IMF’s Georgieva says central bank independence critical, backs Powell
International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and…
Business
JPMorgan CEO Jamie Dimon says he wants to stay in job at least five more years
JPMorgan CEO Jamie Dimon wants to stay at his job “at least” five more years, he told an event hosted by the US Chamber of Commerce on…
Business
Legendary Sells Minority Stake to Tokyo Broadcasting System in Japanese IP Partnership
The Tokyo Broadcasting System has made a strategic investment in Legendary Entertainment, the producer of “Dune” and the Godzilla…
Business
Scrutinizing the Retail Sector, Feel-good Mood Prevails at NRF Big Show
Considering the world is in turmoil, economic uncertainties persist, and Saks Global has gone bankrupt, this week’s NRF Big Show at…
Business
Long-term mortgage rate drops to lowest point in more than 3 years
The average long-term U.S. mortgage rate is now down to its lowest level in more than three years. The benchmark 30-year fixed mortgage…
Business
Goldman Sachs and Morgan Stanley see double-digit profit jumps
A surging stock market and a flurry of deal-making padded the profits of Wall Street’s two big investment banks, which both saw a…
Business
Taye Diggs Is Hollywood’s Newest Vertical Drama Star, Playing a Man Romancing His Best Friend’s Daughter in CandyJar Original (EXCLUSIVE)
Taye Diggs is entering the vertical drama space, a growing industry around content made to be watched on smartphones. CandyJar, which…
Business
EXCLUSIVE: Women’s Specialty Chain Francesca’s Closing Its Doors
Women’s specialty chain Francesca’s is preparing to shut down. According to one source, the retailer’s merchants were “let go yesterday…
Business
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude oil than Venezuela got…
Business
Fed officials back rate-cut pause as inflation concerns linger
The central bank is widely expected to leave its benchmark unchanged at its Jan 27 to 28 meeting Several US Federal Reserve officials…
Business
European shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive…
Business
US stocks: Wall Street ends up as banks gain following results; chips rally with TSMC
US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly…