Culture
Japan’s Nikkei falls back from record as yen rallies, tech shares retreat
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday, as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost steam.The...
JPMorgan, Brookfield see deals revival for clean energy assets
The IEA forecasts renewable energy, particularly solar, to grow faster than any other major source of electricity generation to 2035[SINGAPORE] Clean energy projects are poised for a revival in...
China drinks maker Eastroc Beverage said to gauge interest for billion-dollar plus Hong Kong Listing
The company makes energy and sports beverages, as well as other soft drinks such as teas and juices[HONG KONG] Chinese energy-drink maker Eastroc Beverage Group has started gauging investor...
BHP, Rio Tinto are joining forces to boost iron ore pipeline
Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of existing infrastructure[MELBOURNE] BHP Group and Rio Tinto Group, the...
Alibaba takes major step to link Taobao shopping to main AI app
[HONG KONG] Alibaba Group Holding plans to link its flagship online shopping and travel services to its artificial intelligence (AI) app, taking its biggest step yet to build Qwen...
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
[BENGALURU] Gold slipped on Thursday (Jan 15) as investors booked profits after three consecutive sessions of record highs, while an apparent softer tone from US President Donald Trump on...
Bank of Korea stands pat as board wary of weak won, property market rally
[SEOUL] South Korea’s central bank left its benchmark interest rate unchanged in a widely expected move, as authorities monitor the weakening won along with risks of financial imbalances stemming...
Oil prices sink more than 2% as Trump remarks calm concern about Iran
[TOKYO] Oil prices slid more than 2 per cent in early Asian trade on Thursday after US President Donald Trump said killings in Iran’s crackdown on nationwide protests were...
UOB prices S$850 million perpetual securities at 3%
[SINGAPORE] UOB has priced S$850 million in perpetual capital securities at 3 per cent under its US$30 billion Global Medium Term Note Programme, the bank announced on Wednesday (Jan...
Germany cautions flights over Iran as Lufthansa rejigs Middle East operations
GERMANY issued a new directive cautioning the country’s airlines from entering Iranian airspace, Flightradar24 said on Wednesday, shortly after Lufthansa rejigged its flight operations across the Middle East amid...
SK Hynix speeds up new chip fab opening to meet memory demand, executive says
[SEOUL] SK Hynix plans to accelerate the opening of a new factory by three months and will also begin operating another new plant in February, a senior executive said,...
Europe’s Stoxx 600 ends at record high, lifted by healthcare, chemical stocks
EUROPEAN shares closed at a record high on Wednesday, buoyed by gains in chemicals and healthcare stocks, while investors also monitored the repercussions of simmering geopolitical tensions globally.The pan-European Stoxx 600...