Business
UBS 25-year Asia veteran departs ahead of new wave of job cuts
The Zurich-based firm is set to begin another set of job cuts in mid-January, according to sources UBS Group’s Eric Lafon has left the…
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Asian shares edge lower as global tensions climb, crude oil slumps
Crude futures slid and resource shares climbed in Asian trading as markets absorbed the impact of political upheaval in Venezuela and the…
Business
Gold, silver slide on profit-booking, US dollar strength
Gold and silver slid on Wednesday (Jan 7) as investors booked profits after a recent rally, while a stronger US dollar weighed on…
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Fort Worth Woman Kills Uncle After He Ordered Her into the Kitchen to 'Start Cooking'
A Fort Worth, Texas, woman is accused of stabbing her uncle in the chest, killing him the day after Christmas, following an argument over…
Business
Barclays buys into stablecoin-settlement company Ubyx
Various banks and other financial institutions have announced plans involving stablecoins in the past year Barclays has bought a stake in…
Business
STI’s 10 best-performing stocks for Q4 and 2025
The index could hit 5,000 points by end-2026 and 10,000 points by 2040, experts say Singapore’s benchmark index, the Straits Times Index…
Business
Once taboo, IPOs for brewers are back on Thai bourse’s agenda
Thailand’s stock exchange may open the door to alcohol beverage listings, long a taboo topic in the predominantly Buddhist country, as it…
Business
Pig farming, livestreaming: Singaporeans find new opportunities in China
Ang Eng Guan has been running a pig farming business in Shandong’s Weifang for over 30 years “MY WISH has always been to have Singaporeans…
Business
Wealthy clients stocking up on Singapore equities to hedge against sliding greenback: BOS
The increase marks a sharp acceleration from the typical pace of growth in Singapore-focused allocations Allocations to Singapore dollar…
Business
Australian dollar hits 15-month top, inflation data a mixed bag
The Australian dollar hit 15-month highs on Wednesday as a mixed bag of inflation data kept alive the prospect of a near-term hike in…
Business
Japan’s corporate debt sales set for another banner year in 2026
The country’s record debt sales coincide with strong issuance of dollar bonds by Asia borrowers Bankers expect another blockbuster year…
Business
China extends policy allowing banks to sell bad personal loans
Chinese banks are accelerating write-offs and transfers of bad assets to shore up asset quality as margins have hit record lows CHINA’S…
Business
Keppel Pacific Oak US Reit obtains US$37.5 million loan facility
It will have ‘substantially addressed’ its refinancing needs for 2026 once the facility is executed Keppel Pacific Oak US Reit (Kore) has…
Business
Stocks to watch: Wee Hur, Stoneweg Europe Stapled Trust, Keppel Pacific Oak US Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 7): Wee Hur: The property…
Business
Chat platform Discord to file confidentially for IPO
The company has come under pressure from state governments over its safeguards around child safety Discord filed confidentially for an…
Business
Nvidia CEO says purchase orders, not formal declaration, will signal Chinese approval of H200
Nvidia CEO Jensen Huang said on Tuesday he does not believe China’s government will make a formal declaration that it has allowed Chinese…
Business
Sandisk’s 1,000% rally is turbocharged by Nvidia CEO’s remarks
Sandisk shares jumped as much as 25 per cent on Tuesday (Jan 6) hitting a record in their best intraday performance since February, after…
Business
European stocks close at record high after economic data
EUROPEAN shares scored another record close on Tuesday, after benchmarks in Germany and Spain climbed to all-time highs, as positive local…
Business
US stocks: Dow ends at record high; chip stocks jump on AI optimism
WALL Street ended higher on Tuesday, as chip stocks surged on renewed AI optimism, Moderna rallied and the Dow Jones Industrial Average…
News
Spencer and Monique Tepe: 911 Call Reveals How Frantic Friends of Murdered Ohio Dentist and Wife Spotted Bodies in Home While Child Cried
Frantic friends of an Ohio dentist and his wife rushed to their home for a welfare check, only to find a blood-soaked body and hear a…
Business
AIG CEO Zaffino to step down and transition to executive chair
Insurance industry veteran Eric Andersen will be its new president and CEO-elect, effective Feb 16 Insurance giant American International…
Business
Razer dives into AI for consumers, professionals and gamers
The company will invest more than US$600 million into AI over ‘the next couple of years’ Razer, the gaming peripherals company that went…
Business
Wall St opens muted after financials-driven rally
Wall Street’s main indexes opened subdued on Tuesday (Jan 6), as investors took a breather after the main indexes posted their biggest…
Business
BYD outsells Tesla in Europe’s two biggest EV markets
The Chinese automaker expands overseas as growth slows at home amid a crackdown on discounting BYD outsold Tesla in Europe’s two largest…