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…
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Business
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…
Business
Luxury retailer Saks Global files bankruptcy after turnaround fails
US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround Saks Global Enterprises…
Business
Saks Global Files for Chapter 11 Bankruptcy
Saks Global’s high-wire financial act is finally over. The company, which just over a year ago bought Neiman Marcus Group for $2.7…
Business
Prudential taps ex-HSBC veteran Douglas Flint as chairman
Flint, who was chairman of HSBC until 2017, will replace Shriti Vadera and will join the board in March Prudential has appointed Douglas…
Business
China tightens margin financing requirements to cool red-hot stock market
[BEIJING/SHANGHAI] Chinese stock exchanges on Wednesday (Jan 14) tightened margin requirements in a surprise move to cool a red-hot stock…
Business
YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push
Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding…
Business
Maybank initiates ‘buy’ coverage on Soon Hock with S$0.75 target
Maybank Research has initiated coverage on industrial real estate specialist Soon Hock Enterprise with a target price of S$0.75, citing…
Business
Gold near record-highs as softer US inflation fuels Fed rate-cut bets
GOLD rose on Wednesday, holding near record highs set in the previous session, while silver set another all-time high, nearing the US$90…
Business
Olam advances 32.4% stake sale of port operator following key lender approvals
Olam Group said it has “made progress” in securing approvals from different lenders to Arise P&L for the proposed divestment of its 32.4…
Business
Hong Kong activist investor David Webb dies of cancer
HONG Kong activist investor and prominent commentator David Webb has died of metastatic prostate cancer, according to his social media…
Business
Senior loan bankers depart Mizuho, SMBC after Asia volumes slump
SEVERAL senior loan bankers at Mizuho Financial Group and Sumitomo Mitsui Banking Corp. have left their roles in Asia, amid a slump in…
Business
MoneyHero probes board chairman as internal frictions rise
Kenneth Chan is also a senior vice-president at Pacific Century Group, MoneyHero’s largest shareholder MoneyHero Group is investigating a…
Business
Cordlife secures one-year renewal for its cord-blood banking service licence
Its scope is limited to storing, transferring or retrieving existing cord-blood units for clinical use Cordlife Group has secured a…
Business
Stocks to watch: Keppel Reit, Olam Group, F&N, Centurion, Cordlife
The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 14): Keppel Real Estate…
Business
Growing number of options traders see no Fed cuts in 2026
A steadying labour market gives central bankers less reason to keep cutting rates TRADERS focused on options are increasingly pricing out…
Business
Trump says Dimon ‘wrong’ to criticise DOJ Probe of Fed’s Powell
US PRESIDENT Donald Trump dismissed Jamie Dimon’s criticism over the Justice Department probe into the Federal Reserve, saying the…
Business
Fed’s Barkin says central bank independence means better economic outcomes
RICHMOND Federal Reserve President Tom Barkin on Tuesday declined to comment on “stuff that’s been in the news,” a reference to the Trump…