Culture

India’s central bank proposes linking Brics’ digital currencies: sources
US President Donald Trump has previously said the bloc alliance is “anti-American” and he threatened to impose tariffs on its members[MUMBAI/NEW DELHI] India’s central bank has proposed that Brics...
FCT weighs Johor Bahru retail threat with RTS Link, bets on Northern Singapore
Retail sales leakage to Johor Bahru is expected to increase from about 4 per cent to about 5 per cent[SINGAPORE] The manager of Frasers Centrepoint Trust (FCT), which owns...
India fines IndiGo record US$2.45 million over mass flight cancellations
The airline has acknowledged that poor pilot roster planning was the main cause of the disruption[NEW DELHI] India’s aviation regulator on Saturday (Jan 17) fined IndiGo a record US$2.45...
Britain eases rules for companies to raise funds
[LONDON] Britain’s revamped framework for raising capital came into force on Monday, aiming to make it easier and cheaper for listed and private companies to secure funds as it...
Point72 expands office space in Hong Kong’s Henderson Tower
[HONG KONG] Point72 Asset Management has signed a deal to take more space for its upcoming office in The Henderson, a skyscraper in Hong Kong’s Central district, as demand...
CGSI downgrades DBS to ‘hold’ on ‘muted’ Q4 performance forecast; S$60.50 target price unchanged
FY2026 could post a larger-than-expected drop in earnings due to downside risks, says CGSI [SINGAPORE] CGS International (CGSI) has downgraded its call on DBS to “hold” from “add”, citing...
Tepco to delay restart of Kashiwazaki-Kariwa nuclear power plant, NHK reports
[TOKYO] Tokyo Electric Power will delay the restart of its Kashiwazaki-Kariwa nuclear power plant, which was originally scheduled for Jan 20, public broadcaster NHK reported on Monday, after an...
Oil firmer as ebbing Iranian protests lower chance of US attack
[NEW DELHI] Oil prices were up slightly on Monday, after the previous session’s rise, as Iran’s deadly crackdown on protests quelled civil unrest, narrowing chances for a US attack...
Bank of Singapore appoints Collins Chin as global CFO
He takes up the new role after having been the head of investor relations at the bank’s parent, OCBC[SINGAPORE] The Bank of Singapore on Monday (Jan 19) announced that...
Gold, silver jump to record highs on Trump tariff threats over Greenland
Spot silver advanced 4.4% to US$93.85 per ounce, after hitting a record high of US$94.08[BENGALURU] Gold and silver prices surged to record highs on Monday (Jan 19), as investors...
YZJ Maritime proposes share buyback as part of capital management plans
It will announce the date of an extraordinary general meeting to seek shareholders’ approval[SINGAPORE] Maritime financial solutions provider Yangzijiang (YZJ) Maritime is proposing a share buyback as part of...
China’s US$7 trillion cash pile is shifting into stocks, gold
With rates now sliding towards 1%, that capital is increasingly looking for a new homeCHINESE households are scouring for higher-yielding investments as roughly US$7 trillion in time deposits come...