Culture
Threat to US Fed independence, geopolitical tensions cloud Wall Street outlook
Investors rush into Asia markets, precious metals as the ‘sell US’ trade takes hold[SINGAPORE] Investors could continue to rush out of US markets and seek safety in precious metals,...
SK Hynix to invest nearly US$13 billion in chip packaging plant in South Korea
[SEOUL] South Korea’s SK Hynix said on Tuesday it has decided to invest 19 trillion won (S$16.6 billion) to build an advanced chip packaging plant in South Korea to...
Major US banks gear up for bond sales as Trump turns up pressure
[NEW YORK] Wall Street is about to embark on its regular borrowing binge, as it gears up to sell debt soon after posting results. This year there’s a wildcard:...
BHP is stuck on the sidelines of copper M&A frenzy it started
The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal[LONDON] BHP Group’s bold bid to buy rival Anglo American in...
Silver’s one-year 180% bull run: What to know about investing in it versus gold
The use of digital silver accounts to manage silver investments has gained traction recently[SINGAPORE] Silver’s streak continues into the new year, after a strong rally in 2025 – with...
Meta unveils ‘Meta Compute’ initiative to build AI infrastructure
Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand[BENGALURU] Meta has announced its “Meta Compute” initiative to build artificial...
Fitch Ratings says Fed independence is key factor for US sovereign rating
[NEW YORK] Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US sovereign rating.The credit rating agency will continue...
Wall Street falls at open on worries over Fed autonomy
[NEW YORK] Wall Street’s main indexes opened lower on Monday (Jan 12) after the Trump administration renewed its attacks on the Federal Reserve, stoking fresh worries about the central...
How Trump’s proposed cap on credit card rates could reshape consumer lending
It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes[NEW YORK] A proposed one-year cap on credit...
Meta hires ex-Trump adviser Dina Powell McCormick as president, vice chairman
She will guide overall strategy with a particular focus on Meta’s AI infrastructure efforts[SAN FRANCISCO] Meta Platforms has appointed a former top adviser to US President Donald Trump to...
