Culture
UBS’s US$26 billion capital hit isn’t quite as bad as it seems
THE US$26 billion headline capital charge to protect Swiss taxpayers from the risk that UBS Group ever fails is worse than anyone expected. And yet UBS’s shares jumped as...
BHG downsizes Bugis Junction flagship outlet as department stores face shaky future
[SINGAPORE] Department store BHG is downsizing its flagship Bugis Junction outlet – its last remaining permanent store – from three to two levels.
This follows the March closure of its...
Group CEO Ng Chin Siau increases his stake in Q & M
[SINGAPORE] Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional outflow of S$32 million compared to...
Group CEO Ng Chin Siau increases stake in Q & M
[SINGAPORE] Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional outflow of S$32 million compared to...
Keppel DC Reit set to join STI from Jun 23
[SINGAPORE] Following the Straits Times Index’s (STI) June quarterly review, Keppel DC Reit will be entering the index, replacing Jardine Cycle & Carriage, effective from Jun 23. This increases...
Trump says decision on Fed chair will be out soon
Published Sat, Jun 7, 2025 · 08:13 AM[WASHINGTON] President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding...
New push in Europe to curb children’s social media use
[LUXEMBOURG] From dangerous diet tips to disinformation, cyberbullying to hate speech, the glut of online content harmful to children grows every day. But several European countries have had enough...
New OCBC offer for Great Eastern more attractive but fate lies in hands of significant minority shareholders: analysts
[SINGAPORE] OCBC’s latest exit offer for Great Eastern is more attractive than its initial privatisation bid, but it still remains to be seen if the insurer will be delisted,...
Crude climbs on US jobs report, China talks
[HOUSTON] Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favourable US jobs report and resumed trade talks between...
Europe: Equities gain for second week on jobs data and trade hopes
EUROPEAN shares rose for a second straight week, buoyed by robust US employment figures and diminishing concerns over trade friction that had previously rattled investor confidence.The pan-European Stoxx 600 rose 0.32...
