Business
First Sponsor expects net loss for H2, full year 2025 on forex losses
Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar First…
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Business
Business
Wall Street slides at open as investors assess results from big banks
Wall Street’s main indexes fell at the open on Wednesday (Jan 14) as investors digested earnings from Bank of America and Citigroup, while…
Business
Vera is Built to Succeed Where Most Financial Apps Fail
AI coaching is expanding rapidly across industries, from health and wellness to career development. In finance, however, the risks are…
Business
Alibaba and JPMorgan are said to invest in chip designer Montage’s HK listing
Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in…
Business
Catalist-listed MoneyMax proposes transfer to SGX mainboard
Pawnbroker MoneyMax Financial Services is looking to transfer its listing to the mainboard of the Singapore Exchange (SGX), from its…
Business
Parsons to lead infrastructure design of New Murabba phase one
New Murabba Development Company, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), has appointed Parsons as the Infrastructure…
Business
Baidu is said to explore upgrading HK listing to primary status
This will help it qualify for cross-border trading, opening up investment flows from the mainland to Hong Kong Baidu is considering…
Business
Bank of America profit climbs as trading surges in volatile markets
Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased…
Business
HSBC considers selling Singapore insurance business: sources
HSBC Holdings is exploring options for its insurance unit in Singapore, including a sale, people familiar with the matter said, following…
Business
CICT to develop, own commercial component of mixed-use Hougang Central site
The trust gains an ‘attractive entry yield’ with an expected yield on cost of more than 5% CapitaLand Integrated Commercial Trust (CICT)…
Business
Diesel Names Andrea Rigogliosi New CEO
MILAN – Almost three years after the exit of Eraldo Poletto, Diesel has named a new chief executive officer. Andrea Rigogliosi is joining…
Business
Advanced Systems Automation makes pre-conditional offer for Asti shares
If the deal materialises, the offeror intends to amalgamate the semiconductor businesses of both companies Advanced Systems Automation…
Business
Trump’s credit card cap will hurt consumers and economy: JPMorgan
It is a surprise move that has blindsided the industry, and has sent financial banking stocks tumbling Top JPMorgan executives, including…
Business
DBS unlocks S$1 billion in AI value in 2025
But as Singapore’s lenders seek to ride the wave, agentic artificial intelligence’s rise poses challenges for local banking talent DBS…
Business
Toku seeks brand recognition in fight with giants with Catalist listing
A listing on the Catalist board of the Singapore Exchange (SGX) will raise the profile of Toku’s customer experience platform when it…
Business
Catalist-aspirant Toku to sell 65 million shares at S$0.25 apiece for its initial public offer
The company will raise net proceeds of S$13.7 million; post-listing, it will execute its expansion plans A listing on the Catalist board…
Business
CICT to divest Bukit Panjang Plaza for S$428 million
The sale is being undertaken to optimise the Reit’s portfolio and to give it greater financial flexibility CapitaLand Integrated…
Business
Bank of Japan puts self-defence ahead of solidarity with Fed’s Powell
The Bank of Japan’s absence from a list of central banks lining up to support Federal Reserve chair Jerome Powell reflects its aversion to…
Business
Singapore stocks edge up in line with regional rise; STI gains 0.1%
Across the broader market, advancers outnumber decliners 338 to 214, with 1.7 billion shares worth S$1.6 billion changing hands Singapore…
Business
Toyota raises offer for Toyota Industries by 15%
Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as…
Business
China investigates Trip.com over alleged antitrust conduct
China is investigating Trip.com Group, the country’s largest online travel agency, over alleged antitrust conduct, according to the State…
Business
China’s customs agents are told Nvidia’s H200 chips not permitted: sources
It is unclear whether the directives apply to existing orders for H200 chips, or only to new orders The Chinese customs authorities told…
Business
Jollibee CFO says growth supports 2027 US listing of international arm
The international business accounts for 6,800 of 10,300 stores by the end of last year’s third quarter [MANILA/SINGAPORE] Jollibee Foods’…
Business
Scarce landed housing land will entice developers hungry to serve aspiring landed home buyers.
Group’s undervalued share price is unwarranted given its rare landed housing landbank Many affluent Singaporeans aspire to live in private…