Culture
Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar on the back of growing expectations that...
Singtel-owned NCS names Sam Liew as CEO as Ng Kuo Pin steps down
[SINGAPORE] 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 in the role.Replacing...
Stocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 16): Keppel : The asset manager on Thursday announced that it secured...
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[TOKYO] A breakdown in the relationship between Asia’s stocks...
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
[FRANKFURT] 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 potential deviation by...
Fitch warns of eastern European downgrades if Greenland strife cracks Nato
Tensions over Greenland were however, unlikely to affect Denmark’s triple-A rating[LONDON] A raft of European countries could face a one-notch credit rating downgrade if tensions with the US over...
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[SINGAPORE] A week ago, media reports surfaced that DBS – South-east Asia’s largest lender...
IMF’s Georgieva says central bank independence critical, backs Powell
[KYIV] International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind beleaguered Federal Reserve Chair Jerome Powell, who...
JPMorgan CEO Jamie Dimon says he wants to stay in job at least five more years
[WASHINGTON] 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 Thursday.Dimon,...
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
[WASHINGTON] 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 before US special...
