Business
STI breaks 4,900 amid expectations for Fed to hold rates steady
The Straits Times Index (STI) broke new ground on Tuesday (Jan 27) morning and crossed the 4,900 threshold for the first time. As at 9.10…
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Business
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
Amid the USD uncertainty, discussions are resurfacing over the prospects of RMB internationalisation The US dollar still dominates global…
Business
UOL rises 6.7% after JPMorgan target price upgrade
Shares of UOL Group climbed on Tuesday (Jan 27) morning after JPMorgan raised its target price for the property developer on the back of…
Business
UOL rises 6.7% to highest price in over two decades after JPMorgan target price upgrade
Shares of UOL Group climbed to its highest price in decades on Tuesday (Jan 27) morning after JPMorgan raised its target price for the…
Business
UOL up 7% at highest price in two decades after JPMorgan target price upgrade
Shares of UOL Group climbed to their highest price in around two decades on Tuesday (Jan 27) morning after JPMorgan raised its target…
Business
UOL up 8% at highest price in two decades after JPMorgan target price upgrade
Shares of UOL Group climbed to their highest price in around two decades on Tuesday (Jan 27) morning, after JPMorgan raised its target…
Business
Starbucks reports CEO Brian Niccol earned US$31 million in 2025
Starbucks chief executive officer Brian Niccol total compensation was US$31 million in fiscal 2025, a decline from the previous year when…
Business
After Much Speculation, Anta Sports Scoops Up 29% Puma Stake in $1.8 Billion Deal
Anta Sports Products Limited confirmed early Tuesday in China that it inked an agreement with Groupe Artémis, the investment company of…
Business
VinFast teams up with Autobrains to develop low-cost self-driving tech
VinFast has partnered with artificial intelligence (AI) firm Autobrains to develop advanced autonomous driving technology, including a…
Business
China’s Anta Sports muscles in with US$1.8 billion move for 29.1% Puma stake
CHINA’S Anta Sports Products said on Tuesday it had agreed to buy a 29.06 per cent stake in German sportswear maker Puma from the Pinault…
Business
China’s Anta Sports buys 29% Puma stake for US$1.8 billion, rules out full takeover
The deal is expected to help German sportswear group increase its sales in the lucrative Chinese market China’s biggest sportswear brand…
Business
Tether says it bought 27 tonnes of gold in fourth quarter
Tether, issuer of the world’s largest stablecoin, added about 27 tonnes of gold to its fund exposure in the fourth quarter of 2025, it…
Business
Stocks to watch: ST Engineering, MLT, KIT, OUE Reit, Low Keng Huat
The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 27): ST Engineering: The company…
Business
Mizuho adds HSBC, JPMorgan, Deutsche Bank hires in wave
The firm has also hired a former head of insurance for Europe, the Middle East and Africa at HSBC in Paris Mizuho Financial Group has…
Business
Aramco raises US$4 billion in first bond sale of year
Saudi Arabia’s budget remains heavily dependent on oil revenue as the kingdom pursues an ambitious modernisation drive Saudi Aramco priced…
Business
Nvidia invests US$2 billion more in CoreWeave, offers new chip
The world’s most valuable company has pledged tens of billions of US dollars towards AI companies Nvidia, the dominant maker of artificial…
Business
Chevron amasses largest fleet in almost a year to ship Venezuelan oil
The US has also enlisted traders Trafigura Group and Vitol Group to help sell as much as 50 million barrels of oil Chevron has assembled…
Business
Morgan Stanley wants more from MUFG ties to be top in Japan
The two banks’ partnership dates back to the height of the global financial crisis almost two decades ago Morgan Stanley plans to step up…
Business
New Airbus commercial CEO signals production focus, backs bigger A220
The new CEO of Airbus’ jet division pledged on Monday to focus on increasing production of models including the A350 wide-body jet, and…
Business
AI is changing banking jobs, forcing a rethink of skills: UOB’s innovation head
Lenders must ensure employees can adapt to technology in a ‘comfortable’ way, Lee Zhu Kuang says Lee Zhu Kuang describes himself as a…
Business
Nike slashes 775 jobs in US to speed up automation, boost profit
is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to boost profits and…
Fashion
China Insight: Three Keywords Unveiling China Inc. — and the Trillion-yuan Fashion Growth Drivers Ahead
For global fashion and beauty executives, China’s five-year plans are more than domestic policy roadmaps but function as strategic signals…
Business
Microsoft’s latest AI chip to reduce reliance on Nvidia
The company says that it’s already designing the chip’s successor, the Maia 300 Microsoft is rolling out its second-generation artificial…
Business
Oil prices settle lower as traders assess impact of winter storm on production
Oil prices settled slightly lower on Monday after climbing more than 2 per cent in the previous session as investors assessed the impact…