Fashion
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
[SINGAPORE] The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced its purchase of a logistics property in Columbus, Ohio, in the US for S$94.5 million, payable...
US asks allies to step up measures on Chinese minerals
America has been pressing some European Union member states to sign bilateral memorandums of understanding[NEW YORK] The US will convene dozens of foreign ministers from allied countries next month...
Bank of Japan is said to heighten focus on price impact of weak yen
[TOKYO] Bank of Japan (BOJ) officials are paying increasing attention to the yen’s potential impact on inflation, with possible implications for future rate hikes after a likely hold decision...
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[SINGAPORE] With three recent sizeable secondary listings bringing the total on the Singapore Exchange (SGX)...
Memory shortage to hit Nvidia China approvals, US lawmaker says
Demand for the components, long treated as a commodity, has skyrocketed due to the AI data centre boom[WASHINGTON] Tight memory chip supplies will constrain the number of US export...
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[NEW YORK] Several US Federal Reserve officials speaking on Thursday (Jan 15)...
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before[BENGALURU/NEW YORK] Goldman Sachs’ profit rose in the fourth quarter, fuelled by dealmaking, stronger trading...
Wall Street opens higher as chip stocks shine
[NEW YORK] Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally in chipmakers, while investors parsed earnings from...
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12[SINGAPORE] Lum Chang Holdings (LCH) announced in a Thursday (Jan 15) profit guidance...
Oil settles down 4% as Trump comments ease Iranian supply concerns