Business
Charles Schwab’s fourth-quarter profit soars on higher asset management fees - The Business Times
BROKERAGE firm Charles Schwab said on Tuesday (Jan 21) that its profit rose 44 per cent in the fourth quarter driven by a jump in asset…
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Netflix posts record quarter thanks to sports, ‘Squid Game’ - The Business Times
NETFLIX closed 2024 with its biggest quarterly subscriber gain in history, benefiting from its first major live sporting events and the…
Business
Alternative asset classes regain favour as interest rates tick down - The Business Times
Rate cuts are just one of the many factors driving investors to seek returns outside of equities THE cutting of interest rates by the US…
Business
UBS CEO signals job cuts will continue in quest to lower costs - The Business Times
UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit…
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US: Wall St opens higher with all eyes on President Trump's trade policy - The Business Times
Wall Street’s main indexes opened higher on Tuesday (Jan 21), as investors assessed newly elected President Donald Trump’s executive…
Business
Aramco chief expects additional oil demand of 1.3 million bpd this year - The Business Times
Oil demand this year will approach 106 million barrels per day after averaging about 104.6 million barrels per day in 2024 SAUDI oil giant…
Business
Sabana Reit posts 32.2% rise in H2 DPU to S$0.0152, with 10% kept for capital management - The Business Times
SABANA Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.0152 for the half-year ended Dec 31,…
Business
Easing tariff fears cement bets on ECB rate cut next week - The Business Times
EUROPEAN Central Bank policymakers are likely breathing a sigh of relief that the new US administration did not impose the blanket trade…
Business
Comac jets for Vietnam show China’s push for international market - The Business Times
CHINA’S drive to break into foreign aviation markets with its homegrown Comac jets has intensified, with a push to persuade Vietnam to…
Business
UBS halts margin loans on some New World Development securities - The Business Times
UBS Group halted accepting some bonds and shares of New World Development as collateral for margin loans, joining other global lenders in…
Business
Apple’s iPhone sales in China plunged 18% in holiday quarter - The Business Times
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for…
Business
Claims against e-wallet players hit half a million dollars in just over a month: financial dispute agency - The Business Times
A TOTAL of 16 claims amounting to half a million Singapore dollars were filed against e-wallet providers in just over a month, with a…
Business
Coller Capital expands in South-east Asia private equity secondary market with Singapore office - The Business Times
The move extends the company’s commitment to the region as demand from institutional and private wealth investors rise…
Business
Inchcape+ opens BYD commercial EV showroom in Singapore, partners ComfortDelGro for charging - The Business Times
Inchcape+ will provide vehicles for commercial fleets, while ComfortDelGro delivers charging infrastructure and financing support…
Business
South Korea seeks tougher delisting rules to remove zombie firms - The Business Times
SOUTH Korea is tightening its delisting rules to kick out poor performers as part of a broader attempt to improve the quality of the stock…
News
TSMC says all its sites operating following Taiwan quake - The Business Times
CHIPMAKER TSMC said on Tuesday (Jan 21) that all its sites were operating following an overnight 6.4 magnitude earthquake in southern…
Business
STI ends 0.3% lower as investors digest Trump 2.0, no immediate China tariffs - The Business Times
SINGAPORE stocks closed lower on Tuesday (Jan 21), following US President Donald Trump’s second inauguration, even though most markets in…
Business
Stocks to watch: Sembcorp Industries - The Business Times
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jan 21). Sembcorp Industries: Its…
Business
HSBC said to explore options for consumer banking in Australia - The Business Times
HSBC Holdings is studying options for its consumer banking business in Australia including a potential sale as the bank looks to further…
Business
Bank of Korea cuts growth view on political instability, Trump impact - The Business Times
THE Bank of Korea (BOK) cut its growth forecast for this year as the political turmoil triggered by President Yoon Suk-yeol’s short-lived…
Business
Asia markets wary as investors brace for barrage of executive orders from Trump 2.0 - The Business Times
The key uncertainty is the timing and magnitude of fresh Trump tariffs, says OCBC chief economist DONALD Trump is raring to go, and he has…
Business
Chinese investors pile into Bridgewater-style funds, eyeing Trump return - The Business Times
CHINESE hedge fund managers are racing to launch products styled on Bridgewater Associates’ popular “All Weather” strategy, to meet hot…
Business
Julius Baer sees end to S&P 500’s bull run; positive on US banks - The Business Times
WITH inflation again becoming a point of concern for the US Federal Reserve, Julius Baer said investors should broaden out their…
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LME approves Hong Kong as delivery point for metals - The Business Times
THE London Metal Exchange (LME) has approved Hong Kong as an LME delivery point and the listing will become active three months after the…