Fashion

Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar on the back of growing expectations that...
Singtel-owned NCS names Sam Liew as CEO as Ng Kuo Pin steps down
[SINGAPORE] Singtel’s subsidiary NCS on Friday (Jan 16) announced that Ng Kuo Pin will step down as chief executive officer on Apr 1 after seven years in the role.Replacing...
HSBC to conduct ‘strategic review’ of HSBC Life
[SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review HSBC Life, its insurance manufacturing business in Singapore.The review will only cover HSBC Life Singapore,...
HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy
The bank says this comes under the group’s global ‘ongoing simplification’ drive [SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review of HSBC Life,...
Seatrium end-customer gets reprieve after judge rejects Trump’s wind farm ban
The wind farms are collectively worth US$25 billion according to an offshore wind advocacy group[WASHINGTON] US President Donald Trump’s attempts to torpedo offshore wind farms suffered a second blow...
Stocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 16): Keppel : The asset manager on Thursday announced that it has...
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
[SINGAPORE] The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced that it has bought a logistics property in Columbus, Ohio, in the US for S$94.5 million,...
A long-held tenet of Asia’s markets is suddenly breaking apart
In many ways, the AI infrastructure trade is the biggest swing factor when it comes to the outlook for Asian stocks[TOKYO] A breakdown in the relationship between Asia’s stocks...
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
[FRANKFURT] The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a potential deviation by...
US asks allies to step up measures on Chinese minerals
[NEW YORK] The US will convene dozens of foreign ministers from allied countries next month to pursue an agreement designed to help reduce their dependencies on Chinese critical minerals.The...
Bank of Japan is said to heighten focus on price impact of weak yen
A fall in the local currency increases inflationary pressures via the higher cost of imports, while it boosts exporters’ profits[TOKYO] Bank of Japan (BOJ) officials are paying increasing attention...
Fitch warns of eastern European downgrades if Greenland strife cracks Nato
Tensions over Greenland were however, unlikely to affect Denmark’s triple-A rating[LONDON] A raft of European countries could face a one-notch credit rating downgrade if tensions with the US over...