Culture
JPMorgan profit falls on one-time Apple card deal charge
Profit fell to US$13 billion, or US$4.63 per share, in the three months ended December 31[NEW YORK] JPMorgan Chase’s profit fell in the fourth quarter as it took a...
Power crunch, red tape forcing Asia’s data centres out of hyperscaler hubs
Operators are pivoting towards a ‘decentralised’ model – which places data centres in ‘Tier-2’ cities[SINGAPORE] Operators are starting to move data centres out of metropolitan hubs and opting for...
Global central bankers defend Fed’s Powell after Trump threat
Central bankers fear that political influence over the Fed would erode trust in the bank’s commitment to its inflation target[FRANKFURT] Central Bank chiefs from around the world lined up...
ExxonMobil’s truth-telling on Venezuela shows risk of crossing Trump
There are no signs the Trump administration will oppose ExxonMobil’s role in Venezuela’s reconstruction efforts[WASHINGTON] When ExxonMobil chief executive Darren Woods told President Donald Trump on Friday (Jan 9)...
Paramount launches Warner Bros proxy fight, files suit
The battle between Netflix and Paramount stands to reshape the entertainment industry regardless of who wins[LOS ANGELES] Paramount Skydance ratcheted up the stakes in the monthslong battle for Warner...
Singapore port achieves record high performance in 2025
The country overtook Hong Kong after hundreds of vessels reflagged from the Chinese city to the Republic in September and October[SINGAPORE] The port of Singapore had a banner year...
Guinness-owner Diageo is said to weigh options for China assets including sale
The company is trimming global holdings as falling alcohol use hurts efforts to push pricier drinks[LONDON] Diageo is considering options for its Chinese assets, including potential divestments, people familiar...
How much is Frasers Property willing to pay, to defend its turf in Orchard Road?
The dynamic could change if the owner of Cuppage Terrace puts his asset up for sale soon, too[SINGAPORE] The much-awaited collective sale of the rear block of The Centrepoint...
Indonesia’s launch of B50 biodiesel subject to prices of crude oil and CPO, minister says
The country subsidises its biodiesel programme using proceeds from palm oil export levies[JAKARTA] The timing of Indonesia’s launch of its B50 biodiesel mandate, which blends 50 per cent palm...
China EV makers rise as EU mulls minimum price to replace tariff
The minimum pricing will need to be flexible in order to accommodate different model types and vehicle categories[HONG KONG] BYD and other Chinese electric vehicle (EV) makers rose on...
