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Singapore stocks edge lower ahead of key US data; STI down 0.2%
Singapore stocks ended lower on Tuesday (Dec 16), ahead of a slate of US economic data due later in the day. The benchmark Straits Times…
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‘Shadow banking’ growing at double the rate of traditional lenders, FSB says
The sector’s rapid growth alarms regulators over weak transparency and risks spilling into broader financial markets The non-bank…
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Washington DC Man Arrested After Falling Asleep with Toddler in Arms at Florida Airbnb, Causing Child to Drown
A Washington, D.C., man has been arrested in Florida following the death of his toddler daughter, who authorities say drowned in his arms…
Business
MUFG’s next CEO Hanzawa seeks growth to close gap with global rivals
Hanzawa, 60, who is currently the head of the main banking unit, will succeed Hironori Kamezawa on Apr 1 Junichi Hanzawa, the next chief…
Business
TotalEnergies wins 21-year deal to power Google data centres in Malaysia
The power supply contract is expected to take effect in the first quarter of next year France’s TotalEnergies said on Tuesday (Dec 16) it…
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Nick Reiner Stole Money from His Parents Rob Reiner and Michele and Paid Sex Worker to Lose His Virginity
Nick Reiner had earlier spoken about his troubled past, once admitting that he lost his virginity to a sex worker and paid for the…
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Thai central bank is 'taking action' on baht, worried by rapid rise
Thailand’s central bank has taken action to tackle the appreciation of the baht, governor Vitai Ratanakorn said on Tuesday (Dec 16). It is…
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New Hampshire Man Who Fatally Shot Ex-Girlfriend Amid Child Custody Dispute, Learns His Fate
A 38-year-old New Hampshire man will spend decades behind bars for fatally shooting his ex-girlfriend as she sat on the couch with their…
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Old protest clip outside Pakistan ex-PM's jail shared as recent
Supporters of Pakistan's former prime minister Imran Khan staged a sit-in outside his jail in November 2025, saying he is being denied…
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Dramatic Photo Captures Moment Nick Reiner Is Arrested for the Murder of Parents Rob Reiner and Michele at Their LA Mansion
Dramatic footage capturing the moment Rob Reiner's troubled son, Nick, was arrested on Sunday in connection with the alleged stabbing…
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China AI chip firm Biren to launch Hong Kong IPO in coming weeks: sources
The company is banking on rapid growth as China seeks to develop domestic alternatives to US semiconductors [BEIJING/HONG KONG] Chinese…
Business
DBS, OCBC hit new records but UOB lags
The new records follow DBS’ appointment by the Chinese central bank to be the first local bank to serve as a yuan clearing lender Shares…
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Stock investing in 2026 demands diversification, active approach amid AI boom, geopolitical risks
Markets across Asia are likely to benefit from recent Fed rate cuts as well as a weaker US dollar Diversification and active management…
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Philippine wealth fund to invest in port company Asian Terminals
The Philippine sovereign wealth fund has pursued a few deals since its inception in 2023 Philippine sovereign wealth fund Maharlika…
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Asian markets retreat ahead of US jobs as tech worries weigh
ASIAN markets extended losses with Wall Street on Tuesday as investors jockeyed for position ahead of key US jobs and inflation data,…
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Economists at CBA, NAB call for Australia February rate hike
RBA Governor Michele Bullock has ruled out further policy easing last week after keeping rates steady The Commonwealth Bank of Australia…
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Gold edges higher on US rate outlook; silver dips but stays near record high
Gold prices edged higher on Tuesday (Dec 16), supported by expectations of a US interest rate cut in January, as investors awaited key…
Business
JPMorgan debuts first money market fund tokenised on Ethereum
MONY, open to qualified investors, allows them to earn a yield while holding the token on the blockchain JPMorgan Chase’s asset management…
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JPMorgan lets rich European clients borrow against luxury cars
The Wall Street giant’s private bank will give clients the option of borrowing against classic, rare or custom-designed automobiles…
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McKinsey plots thousands of job cuts in slowdown for consulting industry
The firm’s revenue growth has flatlined in the last five years, leading to a reset after rapid hiring over the prior decade As McKinsey…
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IndiGo chaos unmasks fragility of India’s aviation market
The crisis that has engulfed the airline, and led to more than 580,000 passengers being stranded In a matter of days, the reputation of…
Business
Stocks to watch: Singapore Airlines, CSE Global, ST Engineering
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 16): Singapore Airlines (SIA):…
Business
Stocks to watch: Singapore Airlines, CSE Global, ST Engineering, Raffles Education
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 16): Singapore Airlines (SIA):…
Business
Bjak founder weighs IPO as Malaysia insurtech expands abroad
Bjak, Malaysia’s largest online insurance aggregator, is mulling an initial public offering (IPO) within the next two years as it seeks to…