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UBS CEO Sergio Ermotti plans to step down in April 2027 after completing Credit Suisse project: FT
The report comes at a time when UBS is trying to fight the Swiss government’s proposals to strengthen banking rules UBS CEO Sergio…
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China examines foreign ETF trades after Jane Street India probe
Foreign market makers can also trade China ETFs through so-called Stock Connect links between Hong Kong and the mainland CHINA is…
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Las Vegas High School Coach, Girlfriend Who Were Seen on Video Sexually Abusing 15-Year-Old Student on School Grounds, Sentenced
A former head football coach at Valley High School and his girlfriend have been sentenced to eight to 25 years in prison after the pair…
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Two Ex-NYPD Officers Who Sexually Assaulting an Intoxicated Woman Off-Duty, Sentenced to Probation
Two former NYPD officers accused of sexually abusing an intoxicated woman while off duty in 2023 have been sentenced to probation and sex…
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Trump team nears Taiwan trade deal with more US chip investment
Any agreement with Taipei risks provoking China, which claims the island as part of its territory The Trump administration is close to a…
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Corpus Christi Man Fought with Girlfriend Over Text, Then Fatally Beat Her 3-Year-Old Son to Death
A Corpus Christi man who admitted to his involvement in the death of his girlfriend's son will spend decades behind bars. Enrique Lopez,…
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MP's school visit cancelled over pro-Palestine protests
A visit by a Jewish MP to a school in their constituency was cancelled, after concerns were raised by local pro-Palestine campaigners.…
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Japan finance minister says US Treasury’s Bessent shares concerns about weak yen
JAPAN’S Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent shared concerns over what she called the yen’s…
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SK Hynix to build 19 trillion won AI memory chip packaging plant
Memory has become a bottleneck that directly limits how quickly data centres can bring new AI accelerators online SK Hynix plans to spend…
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Gold eases on profit-booking after breaching US$4,600/oz
Gold eased on Tuesday (Jan 13), a day after breaching US$4,600/ounce for the first time ever, as investors booked profits amid heightened…
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UOBKH initiates coverage on NTT DC Reit with ‘buy’; forecasts 41% upside
The analyst points out that the Reit has enjoyed a ‘steady rise’ in portfolio occupancy NTT DC Reit has the highest distribution yield…
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Boustead Singapore amends agreement with Unified Industrial to retain control of Vietnam business
This allows the company to better manage its real estate and fund management business in the country Boustead Singapore on Monday (Jan 12)…
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Boustead Singapore tweaks deal with Unified Industrial to retain control of Vietnam business
This allows the company to better manage its real estate and fund management business in one of Asean’s fastest growing economy Boustead…
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BlackRock cuts hundreds of jobs, trimming about 1% of staff
BlackRock is cutting hundreds of jobs across the company, becoming the latest Wall Street firm to rein in headcount in recent weeks. The…
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SK Hynix to invest nearly US$13 billion in chip packaging plant in South Korea
South Korea’s SK Hynix said on Tuesday it has decided to invest 19 trillion won (S$16.6 billion) to build an advanced chip packaging plant…
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Major US banks gear up for bond sales as Trump turns up pressure
The biggest US banks usually borrow in the investment-grade bond market soon after posting earnings Wall Street is about to embark on its…
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US Fed’s Williams says monetary policy well positioned amid a favorable outlook
Federal Reserve Bank of New York President John Williams said on Monday he expects a healthy economy in 2026 and indicated he sees no…
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US Fed’s Williams says monetary policy well positioned amid a favourable outlook
He said that it’s critical for the Fed to get inflation back to its 2 per cent target Federal Reserve Bank of New York President John…
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BHP is stuck on the sidelines of copper M&A frenzy it started
Glencore has a market capitalisation of about US$73 billion while Rio is valued at US$138 billion BHP Group’s bold bid to buy rival Anglo…
Business
Stocks to watch: Thomson Medical, Vin’s Holdings
The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 13): Thomson Medical: The…
Business
Stocks to watch: Thomson Medical, Vin’s Holdings, Alpha Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 13): Thomson Medical: The…
Business
Silver’s one-year 180% bull run: What to know about investing in it versus gold
The use of digital silver accounts to manage silver investments has gained traction recently Silver’s streak continues into the new year,…
Business
Apple, Google strike Gemini deal for revamped Siri in major win for Alphabet
The iPhone maker has faced a series of setbacks on the AI front after being late to the race Apple will use Google’s Gemini models for its…
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Strong January lifts odds of another record year for STI, further upside ahead: OCBC
The year may have kicked off on a shaky note for global markets with geopolitical volatility following American action in Venezuela.…