Culture
Iran temporarily closes airspace to most flights, forcing airlines to reroute
Iran closed its airspace temporarily to most flights late on Wednesday, forcing airlines to cancel, reroute or delay some flights, amid…
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Culture
Culture
KKR Asia credit fund draws 75% new investors as decoupling rises
The optimism around Asian private credit runs counter to a broader global pullback KKR raised three-quarters of its US$2.5 billion Asia…
Culture
UOB prices S$850 million perpetual securities at 3%
UOB has priced S$850 million in perpetual capital securities at 3 per cent under its US$30 billion Global Medium Term Note Programme, the…
Culture
Fed survey suggests slight upgrade to US economy
Financial markets expect the Fed to leave interest rates unchanged at its January meeting ECONOMIC activity increased in most parts of the…
Culture
TSMC likely to post fourth-quarter profit leap driven by AI boom
TSMC, the world’s largest manufacturer of advanced artificial intelligence chips, is expected to post a 28 per cent jump in fourth-quarter…
Culture
First Sponsor expects net loss for H2, full year 2025 on forex losses
Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar First…
Culture
Wall Street slides at open as investors assess results from big banks
Wall Street’s main indexes fell at the open on Wednesday (Jan 14) as investors digested earnings from Bank of America and Citigroup, while…
Culture
Alibaba and JPMorgan are said to invest in chip designer Montage’s HK listing
Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in…
Culture
Catalist-listed MoneyMax proposes transfer to SGX mainboard
Pawnbroker MoneyMax Financial Services is looking to transfer its listing to the mainboard of the Singapore Exchange (SGX), from its…
Culture
HSBC plans risk transfer linked to 2 billion euros of corporate loans
It enables the bank to boost its solvency ratios and reduce reliance on less shareholder-friendly options HSBC is gauging investor demand…
Culture
2025 Best Sellers - Southern Curls & Pearls
Wow, what a year. I truly can’t believe that we are already into 2026 – does time seem to be moving at warp speed? I love seeing which…
Culture
Baidu is said to explore upgrading HK listing to primary status
This will help it qualify for cross-border trading, opening up investment flows from the mainland to Hong Kong Baidu is considering…
Culture
Bank of America profit climbs as trading surges in volatile markets
Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased…
Culture
HSBC considers selling Singapore insurance business: sources
HSBC Holdings is exploring options for its insurance unit in Singapore, including a sale, people familiar with the matter said, following…
Culture
CICT to develop, own commercial component of mixed-use Hougang Central site
The trust gains an ‘attractive entry yield’ with an expected yield on cost of more than 5% CapitaLand Integrated Commercial Trust (CICT)…
Culture
Advanced Systems Automation makes pre-conditional offer for Asti shares
If the deal materialises, the offeror intends to amalgamate the semiconductor businesses of both companies Advanced Systems Automation…
Culture
Toku seeks brand recognition in fight with giants with Catalist listing
A listing on the Catalist board of the Singapore Exchange (SGX) will raise the profile of Toku’s customer experience platform when it…
Culture
Toyota raises offer for Toyota Industries by 15%
Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as…
Culture
Prudential taps ex-HSBC veteran Douglas Flint as chairman
Flint, who was chairman of HSBC until 2017, will replace Shriti Vadera and will join the board in March Prudential has appointed Douglas…
Culture
China tightens margin financing requirements to cool red-hot stock market
[BEIJING/SHANGHAI] Chinese stock exchanges on Wednesday (Jan 14) tightened margin requirements in a surprise move to cool a red-hot stock…
Culture
YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push
Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding…
Culture
Maybank initiates ‘buy’ coverage on Soon Hock with S$0.75 target
Maybank Research has initiated coverage on industrial real estate specialist Soon Hock Enterprise with a target price of S$0.75, citing…
Culture
Gold near record-highs as softer US inflation fuels Fed rate-cut bets
GOLD rose on Wednesday, holding near record highs set in the previous session, while silver set another all-time high, nearing the US$90…
Culture
‘Are you dead?’ Chinese app for single living goes viral
An app called “Are you dead” targeted at people living alone has gone viral in China, with surging downloads and widespread commentary on…