Culture

How rare earths raise the stakes in China-Japan spat
[BEIJING] China and Japan are bound together by trade and geography, but a long history of rivalry and unresolved disputes makes even periods of cooperation fragile.Long-running flashpoints – including...
UI Boustead said to seek US$700 million Singapore IPO in March
The real estate investment trust unit of Boustead Singapore will begin taking investor orders as soon as next month[SINGAPORE] UI Boustead Real Estate Investment Trust (Reit) is gearing up...
Sumitomo’s energy arm may set up LNG trading desk in Singapore
[TOKYO] The energy trading arm of Sumitomo Corp is considering setting up an LNG desk in Singapore, the latest move by the Japanese company to strengthen its foothold in...
First self-driving shuttle vehicles in Punggol to start serving public within three months
[SINGAPORE] The first self-driving shuttle route in Punggol will open to the public in two to three months, said Senior Minister of State for Transport Sun Xueling on Jan...
Grab, Chinese automaker GAC to deploy 20,000 EVs across South-east Asia
It will involve the introduction of three of the Chinese player’s models – Aion Y, Aion ES, and Aion V – across the region[SINGAPORE] Ride-hailing giant Grab and Chinese...
India’s central bank intervenes again to support rupee, traders say
[MUMBAI] The Indian central bank was seen back in the foreign exchange market on Thursday, selling dollars through state-run banks to reinforce support for the rupee, traders said.The rupee...
Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
[BENGALURU] Gold and other precious metals rose on Thursday (Jan 8) after US private payroll data showed job openings fell to a 14-month low in November, reinforcing bets for...
HSBC veteran James Cheo to join UBS in senior Apac role
Cheo will be based in Singapore and report directly to Tan Min Lan, head of CIO Apac[SINGAPORE] Banking veteran James Cheo will join UBS from HSBC in March as...
Musk lawsuit over OpenAI for-profit conversion can head to trial, US judge says
[WASHINGTON] Billionaire entrepreneur Elon Musk persuaded a judge on Wednesday to allow a jury trial on his allegations that ChatGPT maker OpenAI violated its founding mission in its high-profile...
Stocks to watch: FCT, CLI, Tan Chong International, Vividthree
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 8): Source link
Samsung expects record Q4 operating profit, beating expectations
[SEOUL] Samsung Electronics on Thursday projected a 208 per cent jump in fourth-quarter operating profit from a year earlier, beating analysts’ estimates as tight supply and a surge in...
Oil falls after Trump reveals plan for Venezuelan oil
[NEW YORK] Oil prices fell on Wednesday as US President Donald Trump’s plan to refine and sell Venezuelan crude oil raised concerns about the long-term impact of US actions.US data on Wednesday showed...