Business
London’s FTSE 100 climbs to record high on energy, defence gains
The UK’s FTSE 100 climbed to a record high on Tuesday (Jan 6), holding steady above the 10,000-point mark, with oil and defence stocks…
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Business
Business
China’s central bank pledges to cut RRR, interest rate in 2026
The central bank will make flexible and efficient use of multiple monetary policy China’s central bank said on Tuesday (Jan 6) it will cut…
Business
Vietnam Poised to Overtake Thailand in Economic Size as Infrastructure Push Fuels Growth
Vietnam is on course to surpass Thailand in economic size measured by nominal gross domestic product (GDP) as early as this year, driven…
Business
Attacks on Fed independence undermine US dollar: ECB’s Villeroy
He says fears of the US weaponising dollar-based payments are driving some to build alternatives The US administration’s criticism of the…
Business
US dollar slide sharpens case for Singapore stocks, says OCBC equities research head
Reits stand out as they offer good dividend yields with a cushion of at least 5 to 6% Foreign investors seeking to diversify away from US…
Business
Singapore stocks gain more ground amid mixed regional showing; STI up 1.3%
Across the broader market, losers edge out gainers 284 to 282, after 1.7 billion securities worth S$1.8 billion change hands Singapore…
Business
Prudential announces US$1.2 billion share buyback
The repurchase represents about 3% of its issued share capital, based on the Jan 5 closing price — Prudential will start a fresh share…
Business
Wee Hur plants flag in international schools sector with Wycombe Abbey project in Hougang
Group kicks off new projects with international school JV, Hotel Miramar acquisition and Upper Thomson condo while doubling down on…
Business
Brokers name Stoneweg Europe Stapled Trust as preferred pick for 2026
Phillip Securities and RHB have named Stoneweg Europe Stapled Trust (Sert) as a preferred stock pick in their strategy outlook reports for…
Business
DayOne Data Centers raises over US$2 billion to fund Europe, Asia expansion
DayOne Data Centers has entered into definitive agreements for over US$2 billion in its Series C equity financing, led by existing…
Business
Japan's Nikkei marks a closing high on improving corporate profit outlook
Japan’s Nikkei share average marked a record closing high on Tuesday (Jan 6) as the outlook for domestic company’s profits improved. The…
Business
Cathay Pacific CEO says Air China’s HK$1.3 billion stake sale a ‘tactical’ move
Swire Pacific will remain the largest shareholder with a 47.65% stake after the buyback Cathay Pacific Airways CEO Ronald Lam said on…
Business
AMD unveils new chip for corporate data centres, talks up demand
The company is widely regarded as the closest rival to Nvidia in the market for chips that create and run AI software Advanced Micro…
Business
China’s Hengyi pushes ahead with Brunei oil refinery expansion
China’s Hengyi Petrochemical will embark on a long-planned expansion of its Brunei oil refinery, more than doubling its capacity in the…
Business
CEO of Salonpas maker seeks to take the 450 billion yen drug firm private
The Japanese government has been promoting cheaper generic medicines and pushing drugmakers to cut prices as its population ages Hisamitsu…
Business
Pop Mart adds Mexico production site to boost US supply
POP Mart International Group said a new manufacturing hub in Mexico has started operations, supplying collectible toys to meet surging…
Business
Revitalised IPO market, policy tailwinds could drive STI past 5,000 by end-2026: analysts
Regional stocks also up, with Japan’s Nikkei index closing at all-time high of 52,518.08 points The Straits Times Index (STI) could breach…
Business
Asian stocks extend record rally while oil, dollar drift
Asian stocks extended their record climb on Tuesday, taking the baton from Wall Street where gains for oil companies and financials helped…
Business
Singapore investment banking fees climb to US$864.6m in 2025, highest in 4 years
DBS leads in fees earned; local firms issue a total of 38 IPOs last year, raising US$2.5 billion Investment banking fees generated in…
Business
McDonald’s rival Jollibee plans US listing for global business
Shares of Jollibee Foods jumped the most in more than five years, after it announced plans to spin off its international business and list…
Business
Next global rebalancing likely to dwarf 2008 financial crisis: George Yeo
The anticipation of such a rebalancing explains why the price of gold has continued to climb, says former Singapore foreign minister A…
Business
Gold dips from one-week high on steady dollar; other precious metals slip
Gold prices dipped on Tuesday (Jan 6), easing from a one-week high reached in the previous session when it rose nearly 3 per cent towards…
Business
STI crosses 4,700 mark for first time buoyed by DBS, OCBC gains
The blue-chip Straits Times Index (STI) breached the 4,700-point mark for the first time on Tuesday (Jan 6), setting it on course for a…
Business
Japan’s cash in circulation falls for first time in 18 years in 2025 on BOJ stimulus exit
Japan’s monetary base, or cash in circulation, declined for the first time in 18 years in 2025 as the central bank weaned off massive…