Culture
US stocks: Wall Street ends little changed before long weekend
[NEW YORK] US stocks ended nearly flat on Friday in a choppy session ahead of the long weekend, and all three major indexes posted losses for the week as fourth-quarter earnings...
Stamford Land unit is being sued over alleged defects in Sydney project
The claims involve alleged deficiencies in the design and construction of Macquarie Park Village[SINGAPORE] Stamford Land on Friday (Jan 16) announced that its wholly owned subsidiary HSH Hotels (Australia)...
Porsche sales slump most in 16 years on poor China demand
Its sales are down 26% as the nation’s economic slowdown hit consumers across all income brackets[BERLIN] Porsche’s deliveries fell 10 per cent last year, following weak demand for electric...
Intel extends comeback as investors bet on foundry growth
The stock is up 31% to start 2026, the third-best performance in the S&P 500 Index[NEW YORK] Intel’s dramatic rally to start the year shows investors are increasingly optimistic...
Foreigners sell Asian equities in December on worries over valuations
They have sold local stocks worth US$1.2 billion in India, Taiwan, South Korea, Thailand, Indonesia, Vietnam and the Philippines[BENGALURU] Foreign investors net sold Asian equities in December, on lingering...
SIA, Air India ink pact for commercial cooperation
The airlines are exploring ways to enhance privileges beyond the current Star Alliance and KrisFlyer programmes [SINGAPORE] Singapore Airlines (SIA) has signed a commercial cooperation framework agreement with Air...
Bank of Japan says sales of its ETF holdings to start next week
[TOKYO] The Bank of Japan said it will start selling its holdings of exchange-traded funds on Monday (Jan 19), a project that may take more than a century if...
Asean agrees on guidelines for quicker subsea cable fixes
They will update the existing 2019 guidelines with international best practices, while also harmonising repair protocols[SINGAPORE] Asean nations have moved to standardise the maintenance of the region’s subsea cables,...
Rio Tinto-Glencore merger may need asset sales to win over China
China’s antitrust regulator is likely to be concerned about a combined entity’s concentration in copper production and marketing[BEIJING/MELBOURNE] The proposed tie-up between Rio Tinto and Glencore could require asset...
TSMC eyes smaller tech gap between US and Taiwan chipmaking fabs
The company is accelerating the buildout of its capacity in Arizona due to strong demand[TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC) will try to accelerate the transfer of its advanced...
