Business
Amazon Seeks to Delay Saks Global’s DIP Financing
Count Amazon as one more party that is feeling ripped off by Saks Global and its march into bankruptcy. The web giant, which has been…
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Alibaba takes major step to link Taobao shopping to main AI app
Alibaba Group Holding plans to link its flagship online shopping and travel services to its AI app, taking its biggest step yet to build…
Business
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
Gold slipped on Thursday (Jan 15) as investors booked profits after three consecutive sessions of record highs, while an apparent softer…
Business
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as…
Business
Bank of Korea stands pat as board wary of weak won, property market rally
South Korea’s central bank left its benchmark interest rate unchanged in a widely expected move, as authorities monitor the weakening won…
Business
DBS picks ST Engineering, Sats over airlines; cuts SIAEC to ‘hold’
DBS Group Research downgraded SIA Engineering Company (SIAEC) to “hold” and advised investors to shift exposure towards upstream aviation…
Business
DBS lifts target price of ST Engineering, Sats; cuts SIAEC to ‘hold’
DBS Group Research downgraded SIA Engineering Company (SIAEC) to “hold” and raised its target prices for ST Engineering and Sats, as it…
Business
Singapore shares edge lower at Thursday’s open; STI dips 0.1%
Investors continue to wait in uncertainty after the US Supreme Court did not issue a ruling on the challenges to ‘Liberation Day’ tariffs…
Business
KKR Asia credit fund draws 75% new investors as decoupling rises
The optimism around Asian private credit runs counter to a broader global pullback KKR raised three-quarters of its US$2.5 billion Asia…
News
IDF Givati Brigade soldier arrested, charged in suspected Iran espionage
The soldier is alleged to have been in contact with Iranian intelligence forces since some time in July 2025, and to have carried out…
Business
China brokers rebuild ranks, raise pay on dealmaking return
CHINA’S biggest securities firms are back on the offensive after taking a battering over the past few years. Investment banking divisions…
Business
UOB prices S$850 million perpetual securities at 3%
UOB has priced S$850 million in perpetual capital securities at 3 per cent under its US$30 billion Global Medium Term Note Programme, the…
Business
Stocks to watch: UOB, Sembcorp, CICT, First Sponsor, Advanced Systems Automation, Moneymax
The following companies saw new developments that may affect trading of their securities on Thursday (Jan 15): UOB: UOB has priced S$850…
Business
Asia loan bankers brace for competition, thinner margins in 2026
Loan bankers in Asia are bracing for an increasingly competitive market that is squeezing the returns they earn on lending, as they…
Business
Sembcorp seeks shareholder approval for Alinta Energy buy at Jan 30 EGM
Sembcorp Industries will seek shareholder approval for its acquisition of Alinta Energy, it said in a bourse filing on Thursday (Jan 15).…
Business
Top 10 SGX-listed ETFs by net retail flows; SPDR Gold Shares beats STI ETF
The trio of Singapore banks lead net retail inflows, chalking up a combined amount of close to S$3.9 billion In the past year, retail…
Business
STI had a record breaking 2025, but one SGX-listed ETF drew even more inflows
In the past year, retail investors booked S$2.6 billion of net inflows into Singapore stocks, bringing net retail inflows for the past six…
Business
Private equity turns to continuation funds, secondary buyouts as alternative to traditional exits: Morrison Foerster
This trend will likely continue in South-east Asia and globally as liquidity engineering goes mainstream Private equity (PE) in South-east…
Business
Meta begins job cuts as it shifts from metaverse to AI devices
Reality Labs houses the company’s hardware and other futuristic product efforts Meta Platforms is beginning to cut more than 1,000 jobs…
Business
Fed survey suggests slight upgrade to US economy
Financial markets expect the Fed to leave interest rates unchanged at its January meeting ECONOMIC activity increased in most parts of the…
Business
Discussing investment strategies in volatile times at BT-StanChart roundtable
Panellists will discuss strategies on how to stay invested amid the volatile and ever-changing environment at a roundtable organised by…
Business
Why the SGX-Nasdaq dual listing bridge suits Temasek and GIC portfolio companies
The bridge allows firms to access both investor bases in parallel, cutting cost and complexity relative to separate listings As more…
Business
Go big or go home: What SGX and Nasdaq’s S$2 billion dual-listing threshold signals to the market
Requirement ensures that potential issuers are big enough for institutional and analyst attention, and have sufficient liquidity, say…
Culture
In Two Films About Palestinian Struggle, Time Is of the Essence
Dabis’s diagrammatically structured screenplay is built on clear historical parallels and tidy intergenerational contrasts. A young boy…