Business
China’s top stock of 2024 eyes boost from AI self-reliance
CHINA’S top-performing stock of 2024 is expected to see additional tailwinds into next year from the nation’s drive for greater…
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Business
US dollar eyes best year in almost a decade
The US dollar is headed for its best year in almost a decade as US economic strength reins in expectations for the Federal Reserve’s…
Business
Gold edges higher in holiday trade; eyes on US Federal Reserve’s 2025 plan
GOLD inched higher on Thursday (Dec 26) in holiday-thinned trade, as investors focused on the US Federal Reserve’s interest rate strategy…
News
US crypto industry eyes possible day-one Trump executive orders
THE cryptocurrency industry is pushing president-elect Donald Trump’s team to kick start his promised crypto policy overhaul when he takes…
Business
All eyes on MAS review group as potential issuers wait on the sidelines
Forming it is an encouraging move, but IPO aspirants may opt to take in any possible changes before considering an SGX listing: observers…
Business
Ahead of Fed’s final meeting of 2024, all eyes on the gifts that Powell might dole out
LAST Christmas, the US Federal Reserve gave the stock market a change of heart. This year, to save economists from tears, the central bank…
Business
Gold steady; all eyes on US jobs data, Fed Chair’s speech
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for…
Business
Bulgari CEO eyes India for growth as China luxury demand weakens
LVMH-owned jeweller Bulgari is looking to India to mitigate the effects of faltering luxury demand in China amid an economic slowdown.…
Business
Japan’s top chip distributor eyes acquisitions in China, India
JAPANESE chip distributor Macnica Holdings is seeking possible acquisition targets in other parts of Asia, a sign of industry pressures to…
Fashion
USDJPY eyes 38-year high as bullish trend resumes
THE USDJPY pair has been on a strong uptrend since early 2021, when it traded at 102.6, driven by sustained yen weakness and dollar…
Business
Coinbase eyes more acquisitions as it expands payments business
COINBASE Global is ramping up its efforts in the digital-payments space, with ambitions to make additional acquisitions and generate more…
Business
Charles Schwab eyes spot crypto trading once regulations change
CHARLES Schwab’s incoming chief executive officer, Rick Wurster, said the firm is looking to offer spot cryptocurrency trading once US…
Business
Asia: Markets mixed as Nvidia falls short of hopes, eyes on Trump
ASIAN markets were mixed on Thursday (Nov 21) as another blockbuster earnings from chip titan Nvidia smashed forecasts but still left…
Business
Maybank eyes Johor-Singapore SEZ for growth; targets 25% profit contribution from Singapore by 2027
The zone could generate a need for financing among companies – an area Maybank is eager to support THE upcoming Johor-Singapore Special…
Business
Marina Bay Sands eyes Singapore’s largest loan of S$12 billion
MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the largest financing from Singapore, as the company looks to…
Business
Attika Group eyes expansion into Malaysia, manufacturing sector after IPO
Offering proceeds to be used towards expanding into new markets, capacity building, enhancing technology adoption and diversifying into…
Business
Singapore's DBS eyes Malaysian bank stakes in expansion push, sources say
SINGAPORE’S biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian…
Business
DBS eyes Malaysian bank stakes in expansion push: sources
SINGAPORE’S biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian…
Business
US: Stocks rise as market eyes Fed decision after weak jobs data
WALL Street stocks rose on Friday (Nov 1) following strong Amazon earnings and weak US jobs data that was seen as boosting the likelihood…
Business
Temasek, Republic-backed blockchain fund eyes raising US$100 million
Superscrypt, a blockchain venture capital company backed by Temasek Holdings, plans to raise up to US$100 million for its second…