Business
Stocks tumble on bets Kevin Warsh is Trump’s Fed pick
Stocks slumped while the dollar and bond yields shot up on Friday after US President Donald Trump said he has firmed his choice for new…
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Business
Business
Japan’s Nintendo and Sony face memory price pressures
ENDO and Sony Group will face scrutiny over how soaring memory chip prices driven by AI demand have affected their game console…
Business
‘Significant improvement’: CNMC Goldmine expects profit lift for 2025 on higher gold, silver prices
CNMC Goldmine expects a “significant overall improvement” to its net profit for the financial year ended Dec 31, 2025, compared with the…
Business
RWS ‘better positioned’ to win back high-rollers from MBS: DBS
Integrated resort on Sentosa could attract higher-value traffic after renovations, launch of luxury hotel While Marina Bay Sands (MBS) has…
Business
Trump says he’ll announce Fed chair pick on Friday morning
He reiterated that the next leader of the central bank would lower interest rates PRESIDENT Donald Trump said he would be announcing his…
Business
Raffles Education unit’s land in China to be acquired by government for urban planning
The group says it cannot currently assess the impact of the proposed repossession Raffles Education on Thursday (Jan 29) announced that…
Business
Stocks to watch: MPACT, Keppel DC Reit, NetLink NBN, CapitaLand Ascott, GuocoLand, Starhill Global, CDLHT, SGX
The following companies saw new developments that may affect trading of their securities on Friday (Jan 30): Mapletree Pan Asia Commercial…
Business
Mapletree Pan Asia Commercial Trust Q3 DPU rises 2.5% to S$0.0205
Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Jan 30) posted a distribution per unit (DPU) of S$0.0205 for the third quarter…
Business
CDLHT posts 0.4% rise in H2 DPS to S$0.0282
CDL Hospitality Trust (CDLHT) reported on Friday (Jan 30) a distribution per stapled security of S$0.0282 for the second half ended Dec…
Business
Keppel DC Reit H2 DPU up 7.1% at S$0.05248 on the back of acquisitions, strong portfolio reversion
Data centre-focused Keppel DC Reit on Friday (Jan 30) posted a 7.1 per cent increase in distribution per unit (DPU) to S$0.05248 for the…
Business
Bitcoin slide below US$85,000 leads to US$1 billion in liquidations
The digital currency is down more than 30 per cent from an all-time high on Oct 6 OIN can’t catch a break these days. First, traders were…
Business
US has investigated claims that WhatsApp chats aren’t private
Meta says it cannot see WhatsApp messages because they are encrypted with digital keys on users’ phones US LAW enforcement has been…
Business
Microsoft plunges, Meta rallies as investors demand AI payoffs
Microsoft is under growing investor pressure to justify its soaring capital outlay Tech earnings so far this week have sent a clear…
Business
Apple sales, profit beat Wall Street estimates amid ‘staggering’ iPhone demand
E beat Wall Street estimates for quarterly revenue on Thursday (Jan 29), powered by strong demand for its iPhones and a sharp rebound in…
Business
Tech selloff drags Europe stocks lower as SAP’s results disappoint
PE’S benchmark share index gave up early gains to close lower on Thursday, weighed by a selloff in technology stocks as results from…
Business
US stocks: S&P 500, Nasdaq close down as Big Tech’s soaring AI budgets trigger flight
Street’s main indexes finished lower on Thursday with technology-heavy Nasdaq leading declines as investors were rattled by the latest…
Business
SGX broadens adoption of broker custody accounts
Currently, SGX-listed securities in two-thirds of retail accounts are held directly with CDP Moves are afoot to get more Singapore…
Business
Bitcoin drops below US$86,000 as traders retreat from risk assets
Bitcoin dropped below US$86,000 for the first time in about six weeks amid a pullback in risk assets. The largest cryptocurrency slipped…
Business
Wall Street opens mixed as markets digest Big-Tech AI splurge
Wall Street opened mixed on Thursday (Jan 29), as investors waded through mega-cap tech results that showcased another surge in AI…
Business
Petronas to beef up exploration and production in next three years
This includes maintaining domestic output at close to two million barrels of oil equivalent a day between 2026 and 2028 Malaysia’s state…
Business
Starhill Global Reit H1 DPU flat at S$0.018
The manager of Starhill Global Real Estate Investment Trust (Reit) on Thursday (Jan 29) posted a distribution per unit (DPU) of S$0.018…
Business
CapitaLand Ascott Trust H2 DPS inches up 1% to S$0.0358
The rise in H2 FY2025 DPS follows a 4 per cent increase in revenue to S$439.1 million for the half year CapitaLand Ascott Trust (Clas) on…
Business
CapitaLand Ascott Trust H2 DPS inches up 0.8% to S$0.0358
The rise in H2 FY2025 DPS follows a 4% growth in revenue to S$439.1 million for the half year CapitaLand Ascott Trust (Clas) on Thursday…
Business
India’s Bharat Petroleum plans Singapore trading hub to cut costs and boost margins
India’s Bharat Petroleum Corp (BPCL) will open a trading office in Singapore next month, as the state-owned refiner seeks to become more…