Culture
Singtel-owned NCS names Sam Liew as CEO as Ng Kuo Pin steps down
Singtel’s subsidiary NCS on Friday (Jan 16) announced that Ng Kuo Pin will step down as chief executive officer on Apr 1 after seven years…
Section
Culture
Culture
HSBC to conduct ‘strategic review’ of HSBC Life
HSBC said on Friday (Jan 16) that it would conduct a strategic review HSBC Life, its insurance manufacturing business in Singapore. The…
Culture
HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy
The bank says this comes under the group’s global ‘ongoing simplification’ drive HSBC said on Friday (Jan 16) that it would conduct a…
Culture
US asks allies to step up measures on Chinese minerals
The US will convene dozens of foreign ministers from allied countries next month to pursue an agreement designed to help reduce their…
Culture
Secondary listings on SGX set to grow in 2026, but regulatory frictions loom
Well-known companies with such listings here include DFI Retail Group, IHH Healthcare, Nio and Prudential With three recent sizeable…
Culture
Fed officials back rate-cut pause as inflation concerns linger
Several US Federal Reserve officials speaking on Thursday (Jan 15) signalled a willingness to pause interest-rate cuts at their upcoming…
Culture
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK]…
Culture
Wall Street opens higher as chip stocks shine
Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally in…
Culture
Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels Danish…
Culture
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12 Lum Chang Holdings (LCH) announced in a Thursday…
Culture
CapitaLand India Trust wins second hyperscaler agreement for data-centre development
The facility has a gross power capacity of 55 MW and is set to be completed by Q4 2026 The trustee-manager of CapitaLand India Trust…
Culture
Keppel bags 720 MW power bank for AI data centre campus near Melbourne
The group is in ‘active discussions with hyperscalers and neoclouds’ on the site’s future capacity Asset manager Keppel on Thursday (Jan…
Culture
UBS CEO Ermotti underlines his desire for internal successor
The bank is currently putting together the right candidates for the new leadership, he says UBS CEO Sergio Ermotti hopes his successor…
Culture
Australia social media ban hits 4.7 million teen accounts in first month
Social media companies have collectively deactivated nearly five million accounts belonging to Australian teenagers just a month after a…
Culture
ASML tops US$500 billion market cap as TSMC plans to spend more
ASML, the world’s biggest maker of equipment used to manufacture computer chips, crossed US$500 billion in market value for the first time…
Culture
Air India warns of possible disruptions to A350 routes after jet suffers engine damage
Air India operates six Airbus A350s on lucrative routes, including between New Delhi and London, New York and Newark Air India warned of…
Culture
SIA Group’s passenger traffic up 1.9% in December
The group’s two carriers carry around 3.8 million passengers in the period – a new monthly record Singapore Airlines (SIA) Group on…
Culture
Co-living operator The Assembly Place offers Catalist IPO at S$0.23 a share
Company will have an estimated market capitalisation of about S$88.1 million post-listing Home-grown co-living operator The Assembly Place…
Culture
Volvo identifies battery fire risk in EX30 Ultra EVs; owners told to limit charging to 70%
Some 143 owners of the Volvo EX30 Ultra electric car in Singapore are being advised not to charge their vehicles beyond 70 per cent due to…
Culture
Nikkei falls from record as tech shares retreat; Topix rises
Japan’s Nikkei share average fell back from a record high on Thursday (Jan 15), as the yen’s rebound weighed on exporters and a red-hot…
Culture
Oil tanker rates spike as US push into Venezuela redraws flows
The global oil industry is working through the consequences of Washington’s move earlier this month The shipping market is being shaken up…
Culture
Woh Hup Engineering JV wins S$326 million LTA contract for Downtown Line extension
The contract includes work for two mainline tunnels and a tunnel link to Gali Batu Depot The Land Transport Authority (LTA) has awarded…
Culture
Lucid set to start manufacturing cars in Saudi Arabia in 2026
The company has also struggled more broadly with profitability and production challenges Lucid Group is on track with plans to start…
Culture
BHP, Rio Tinto are joining forces to boost iron ore pipeline
Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of…