Fashion
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
A firmer US dollar makes greenback-priced metals more expensive for overseas buyers[BENGALURU] Prices of gold and silver extended their losses on Friday (Jan 16) after a stronger-than-expected US economic...
Asian shares near record high on AI optimism, dollar up on receding Fed cut bets
[SINGAPORE] Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat US economic data left traders trimming...
HSBC to conduct ‘strategic review’ of HSBC Life
[SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review HSBC Life, its insurance manufacturing business in Singapore.The review will only cover HSBC Life Singapore,...
HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy
The bank says this comes under the group’s global ‘ongoing simplification’ drive [SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review of HSBC Life,...
Seatrium end-customer gets reprieve after judge rejects Trump’s wind farm ban
Empire Wind developer Equinor says it would lose over US$1b in contracts if project does not restart soon[WASHINGTON] US President Donald Trump’s attempts to torpedo offshore wind farms suffered...
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)...
Oil settles down 4% as Trump comments ease Iranian supply concerns