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Alternative asset classes regain favour as interest rates tick down – The Business Times
Rate cuts are just one of the many factors driving investors to seek returns outside of equitiesTHE cutting of interest rates by the US Federal Reserve has seen investors...
AI, drones and sensors: How technology could help battle future fires
Maxwell Brodie vividly recalls the destructive wildfire he experienced as a kid growing up in the interior of British Columbia.One night in 2003, lightning struck a tree at around...
UBS CEO signals job cuts will continue in quest to lower costs – The Business Times
UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit Suisse.
The Swiss lender seeks to shed...
Investors should ‘take a step back’ to spot opportunities for Asean amid Trump tariffs: JPMorgan – The Business Times
EVEN as US President Donald Trump stirs up the market with a barrage of executive orders, JPMorgan’s chief market strategist for the Asia-Pacific believes there is no need for...
US: Wall St opens higher with all eyes on President Trump’s trade policy – The Business Times
Wall Street’s main indexes opened higher on Tuesday (Jan 21), as investors assessed newly elected President Donald Trump’s executive orders on issues including energy and immigration, while awaiting his...
Aramco chief expects additional oil demand of 1.3 million bpd this year – The Business Times
Oil demand this year will approach 106 million barrels per day after averaging about 104.6 million barrels per day in 2024SAUDI oil giant Aramco’s chief executive Amin Nasser said...
Sabana Reit posts 32.2% rise in H2 DPU to S$0.0152, with 10% kept for capital management – The Business Times
SABANA Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.0152 for the half-year ended Dec 31, 2024, up 32.2 per cent from S$0.0115 in the...
Easing tariff fears cement bets on ECB rate cut next week – The Business Times
EUROPEAN Central Bank policymakers are likely breathing a sigh of relief that the new US administration did not impose the blanket trade tariffs some had feared and a rate...
Comac jets for Vietnam show China’s push for international market – The Business Times
CHINA’S drive to break into foreign aviation markets with its homegrown Comac jets has intensified, with a push to persuade Vietnam to authorise its planes in the country, according...
UBS halts margin loans on some New World Development securities – The Business Times
UBS Group halted accepting some bonds and shares of New World Development as collateral for margin loans, joining other global lenders in suspending such financing for rich clients, according...
Apple’s iPhone sales in China plunged 18% in holiday quarter – The Business Times
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for the company in its biggest market after...
Claims against e-wallet players hit half a million dollars in just over a month: financial dispute agency – The Business Times
A TOTAL of 16 claims amounting to half a million Singapore dollars were filed against e-wallet providers in just over a month, with a median claim amount of S$1,246, and an...