Business
China’s rare-earth magnet exports to US hit six-month high after trade deal
The Asian nation put export controls on the components, weaponising the nation’s 90% grip on global production to squeeze American…
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Business
Business
Asia: Markets dip after US tech slide
Asian markets mostly fell on Wednesday (Aug 20) morning, mirroring a rout of US tech titans the previous day as investors await signals of…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi dollar tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
Xiaomi plans Europe foray in 2027 after EV sales gain pace
Xiaomi intends to sell its first electric vehicle (EV) in Europe by 2027, declaring plans to take on Tesla and BYD globally after gaining…
Business
The top 10 dividend-paying ETFs on SGX with the highest yields
Dividends are what is regularly top of mind for investors in Singapore when deciding where to place their bets. In the past couple of…
Business
Gold hits near three-week low on stronger US dollar; Fed symposium in focus
Minutes of the US central bank’s July meeting are anticipated to offer further insights into the central bank’s policy stance Gold prices…
Business
Ex-Goldman trader Qin Xiao gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his…
Business
Ex-Goldman trader, NUS alumnus Qin Xiao gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his…
Business
Ex-Goldman trader Qin Xiao starts Singapore hedge fund, gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his…
Business
Intel’s US$25 billion rally sends valuation to dot-com levels
The company’s premium valuation is largely a reflection of just how much its profitability has collapsed in recent years After months of…
Business
Stocks to watch: CapitaLand Investment, CapitaLand Ascendas Reit, iFast, Lum Chang Creations
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 20): CapitaLand Investment…
Business
BHP banks on China export resilience and India growth for demand
China’s export resilience and policy support, together with strong growth in India, will underpin future commodity demand despite an…
Business
Surgical platform UltraGreen targets Asia for growth
Medical procedures can be risky. One company is providing data that could help reduce complications from surgery. Now, with Singapore in…
Business
US Fed’s top regulatory official suggests allowing central bank staff to own small amounts of crypto products
Under Trump, the Fed and other bank regulators have already taken several steps to be more open to crypto activities by banks The US…
Business
Finance industry bodies call for changes to crypto rules for banks
A group of finance industry bodies is calling for a rethink on looming regulatory standards that they say will make it difficult for banks…
Business
Europe: Stocks close at five-month highs as investors monitor progress on Ukraine
European shares closed at their highest level in more than five months on Tuesday (Aug 19) as investors assessed the chances of an end of…
Business
Wall Street mostly declines as tech names pull back from highs
Wall Street’s stocks finished mostly lower on Tuesday (Aug 19), dragged down by tech companies retreating from record highs, while a Home…
Business
US: Wall Street mostly declines as tech names pull back from highs
Wall Street’s stocks finished mostly lower on Tuesday (Aug 19), dragged down by tech companies retreating from record highs, while a Home…
Business
What is B30A? Nvidia Prepares New, More Powerful Blackwell-Based AI Chip for China
US-based semiconductor giant Nvidia is developing a new artificial intelligence chip for the Chinese market, sources familiar with the…
Business
Asian Stocks Rally with Nikkei at All-Time High; Global Markets Eye Fed Rate Cut Signals
Global markets took a wait-and-see attitude on Tuesday, as European shares were up only slightly and futures markets reflected little…
Business
US seeks Intel stake without governance rights: Lutnick
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel for the government to take a stake in the chipmaker,…
Business
The Projector owes S$1.2 million to creditors; meeting set for Aug 29
Creditors include unused ticket holders, owed some S$14,300, and the Composers & Authors Society of Singapore, owed about S$17,733 The…
Business
The Projector owes S$1.2 million to creditors; Golden Mile cinema put up for rent
The company behind embattled cinema chain The Projector owes creditors S$1.2 million, including close to S$90,000 to almost 2,300 of its…