Business
Singtel-owned NCS names Sam Liew as CEO as Ng Kuo Pin steps down
Singtel’s subsidiary NCS on Friday (Jan 16) announced that Ng Kuo Pin will step down as chief executive officer on Apr 1 after seven years…
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HSBC to conduct ‘strategic review’ of HSBC Life
HSBC said on Friday (Jan 16) that it would conduct a strategic review HSBC Life, its insurance manufacturing business in Singapore. The…
Business
HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy
The bank says this comes under the group’s global ‘ongoing simplification’ drive HSBC said on Friday (Jan 16) that it would conduct a…
Business
Stocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
The following companies saw new developments that may affect trading of their securities on Friday (Jan 16): Keppel: The asset manager on…
Business
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced that it has bought a logistics property in Columbus, Ohio, in…
Business
A long-held tenet of Asia’s markets is suddenly breaking apart
In many ways, the AI infrastructure trade is the biggest swing factor when it comes to the outlook for Asian stocks A breakdown in the…
Business
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a…
Business
Bank of Japan is said to heighten focus on price impact of weak yen
A fall in the local currency increases inflationary pressures via the higher cost of imports, while it boosts exporters’ profits Bank of…
Business
Secondary listings on SGX set to grow in 2026, but regulatory frictions loom
Well-known companies with such listings here include DFI Retail Group, IHH Healthcare, Nio and Prudential With three recent sizeable…
Business
What are significant risk transfers – and why is DBS reportedly considering them?
Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals A week ago, media reports surfaced…
Business
The Bricks-and-mortar Ruling the Saks Global Bankruptcy
There was a lot of talk about the death of the department store as Saks Global limped along last year and then finally collapsed into…
Business
IMF’s Georgieva says central bank independence critical, backs Powell
International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and…
Business
JPMorgan CEO Jamie Dimon says he wants to stay in job at least five more years
JPMorgan CEO Jamie Dimon wants to stay at his job “at least” five more years, he told an event hosted by the US Chamber of Commerce on…
Business
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude oil than Venezuela got…
Business
Fed officials back rate-cut pause as inflation concerns linger
Several US Federal Reserve officials speaking on Thursday (Jan 15) signalled a willingness to pause interest-rate cuts at their upcoming…
Business
European shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive…
Business
US stocks: Wall Street ends up as banks gain following results; chips rally with TSMC
US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly…
Culture
Zach Bryan’s Stubborn, Shaggy New Album
In 2019, it seemed possible that the next big country star would be a Navy aviation ordnanceman from Oklahoma named Zach Bryan, who…
News
Who Is Julio Cesar Sosa-Celis? Venezuelan Illegal Migrant Shot in Leg for Trying to Murder ICE Agent in Minneapolis Has Long Criminal History
The three men arrested in connection with the ambush of an ICE agent in Minneapolis on Wednesday have been identified as Venezuelan…
Business
Verizon Outage: Real Reason Behind Massive Network Outage Revealed as Investigators Believe No Cyberattack Was Involved
Verizon's widespread network outage on Wednesday was reportedly triggered by a technical failure originating in a single East Coast state,…
News
Trump Threatens to Invoke Insurrection Act and Deploy US Troops If Minnesota Doesn't Stop Rioters from Attacking ICE Agents
President Trump on Thursday threatened to invoke the Insurrection Act, a law that would allow him to deploy military forces in Minnesota,…
News
Haifa man arrested for repeatedly raping underage daughter over several years
The man allegedly began raping the girl when she was 7 years old and continued until she was 15, at which point the police intervened. A…
Business
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK]…
Business
Wall Street opens higher as chip stocks shine
Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally in…