Business
IMF’s Georgieva says central bank independence critical, backs Powell
International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and…
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Business
Business
JPMorgan CEO Jamie Dimon says he wants to stay in job at least five more years
JPMorgan CEO Jamie Dimon wants to stay at his job “at least” five more years, he told an event hosted by the US Chamber of Commerce on…
Business
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude oil than Venezuela got…
Business
Fed officials back rate-cut pause as inflation concerns linger
Several US Federal Reserve officials speaking on Thursday (Jan 15) signalled a willingness to pause interest-rate cuts at their upcoming…
Business
European shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive…
Business
US stocks: Wall Street ends up as banks gain following results; chips rally with TSMC
US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly…
Business
Verizon Outage: Real Reason Behind Massive Network Outage Revealed as Investigators Believe No Cyberattack Was Involved
Verizon's widespread network outage on Wednesday was reportedly triggered by a technical failure originating in a single East Coast state,…
Business
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]…
Business
Wall Street opens higher as chip stocks shine
Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally in…
Business
Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels Danish…
Business
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 Lum Chang Holdings (LCH) announced in a Thursday…
Business
Keppel bags 720 MW power bank for AI data-centre campus near Melbourne
The group is in ‘active discussions with hyperscalers and neoclouds’ on the site’s future capacity Asset manager Keppel on Thursday (Jan…
Business
UBS CEO Ermotti underlines his desire for internal successor
The bank is currently putting together the right candidates for the new leadership, he says UBS CEO Sergio Ermotti hopes his successor…
Business
Australia social media ban hits 4.7 million teen accounts in first month
Social media companies have collectively deactivated nearly five million accounts belonging to Australian teenagers just a month after a…
Business
Samuel Ross Rides on Fashion-tech Boom, Joins Whoop as Investor and Global Creative Director
LONDON — Fashion designer Samuel Ross has joined the Boston-based wearable devices maker Whoop as an investor, as well as its global…
Business
ASML tops US$500 billion market cap as TSMC plans to spend more
ASML, the world’s biggest maker of equipment used to manufacture computer chips, crossed US$500 billion in market value for the first time…
Business
A family feud could tear apart one Singapore-listed company’s 108% gain of last year
Investors should press for answers as a corporate governance nightmare unfolds at Nam Lee Pressed Metal Industries The Chinese New Year…
Business
This stock more than doubled in 2025. Now a family feud may unravel all of Nam Lee’s gains
Investors should press for answers as a corporate governance nightmare unfolds at the company The Chinese New Year celebrations next month…
Business
SIA Group’s passenger traffic up 1.9% in December
The group’s two carriers carry around 3.8 million passengers in the period – a new monthly record Singapore Airlines (SIA) Group on…
Business
GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations A majority stake in…
Business
Indian startup Varaha inks deal with Microsoft to remove 2 million tonnes of carbon dioxide
Move puts a spotlight on smallholder companies and their capability to deliver on carbon removal, says CEO of Varaha Indian startup Varaha…
Business
Singapore stocks end higher on Thursday despite S-Reit stumble; STI gains 0.4%
However, decliners outnumbered advancers 335 to 277 across the wider market, with 1.4 billion shares worth S$1.5 billion changing hands…
Business
Co-living operator The Assembly Place offers Catalist IPO at S$0.23 a share
Company will have an estimated market capitalisation of about S$88.1 million post-listing Home-grown co-living operator The Assembly Place…
Business
Co-living operator The Assembly Place launches Catalist IPO at S$0.23 a share
The company will have an estimated market capitalisation of about S$88.1 million post-listing Home-grown co-living operator The Assembly…