Culture

L’oreal to invest US$383 million in Indian beauty tech hub
[PARIS] French cosmetics giant L’oreal said on Wednesday (Jan 21) it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment...
Maybank eyes 13-14% ROE by 2030 in new five-year strategy unveiled ahead of Q4 earnings
It will invest RM10 billion in its technology, data and artificial strategy over the next five years [SINGAPORE] Malaysian lender Maybank on Tuesday (Jan 20) unveiled a new five-year...
OCBC sets up securities financing unit for institutional investors
It will create opportunities for these customers to earn fee income by lending out their idle securities, says lender[SINGAPORE] OCBC has set up a dedicated securities financing unit for...
Singapore a ‘safe harbour’ amid global volatility with Singdollar set to gain: Julius Baer
The wealth manager urges investors to look to growth areas for portfolio diversification [SINGAPORE] The Republic represents a “safe harbour” amid a volatile and rapidly shifting macroeconomic environment, said...
Gold and platinum hit records as crisis over Greenland worsens
GOLD and platinum rose to fresh records - while silver was near an all-time peak - as the worsening crisis over Greenland and a meltdown in Japanese government debt supported...
STI, Asia markets retreat after Dow dives nearly 900 points on Trump tariff threats
Trump’s tariff threats against Europe over Greenland sparked sell-offs; Bitcoin fell more than 3 per cent [SINGAPORE] Singapore shares were trading lower on Wednesday (Jan 21), mirroring losses in...
Japanese bonds may rebound after Katayama calls for market calm
JAPAN’S bonds are likely to rebound after Finance Minister Satsuki Katayama called for calm among market participants following a selloff that pushed yields to all-time highs.Katayama’s comments came after...
Democratic senators demand records on Powell probe
US DEMOCRATIC senators Elizabeth Warren and Dick Durbin on Tuesday called for President Donald Trump’s administration to turn over records related to the Justice Department’s criminal probe of Federal...
US military seizes another Venezuela-linked tanker in the Caribbean
[WASHINGTON] The US military said it seized a Venezuela-linked tanker on Tuesday in the Caribbean, marking the seventh such apprehension since the start of US President Donald Trump’s month-long...
European shares end lower as Trump’s tariff threat persists
EUROPEAN shares touched their lowest in nearly two weeks on Tuesday, as mounting unease over US President Donald Trump’s tariff threat over Greenland hurt optimism from earlier in the month.The...
Wall Street slides as US-Greenland standoff knocks sentiment
[NEW YORK] Wall Street’s main indexes opened sharply lower on Tuesday (Jan 20), as investors were spooked by renewed tariff threats from President Donald Trump against Europe over control...
AI data centre boom risks roiling global carmaker supply chains
A data centre-driven memory chip shortage is forcing some suppliers to accept price hikes of over 100%[LONDON] The auto sector is bracing for yet another potential supply chain disturbance,...