Culture
World’s richest people lose US$108 billion after DeepSeek sell-off
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion on Monday (Jan 27) as a tech-led…
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Culture
Culture
Who is Liang Wenfeng: The geek behind DeepSeek?
The rise of Chinese artificial intelligence (AI) firm DeepSeek caused a meltdown in US tech stocks on Monday (Jan 27). Nvidia on Monday…
Culture
Singapore’s data centre Reits fall on DeepSeek threat; analysts warn of fallout
Analysts warned that companies in the artificial intelligence (AI) ecosystem – including in Singapore – could be hit after the rise of…
Culture
Stocks to watch: DBS, Keppel Reit, CapitaLand India Trust, Aims Apac Reit, Cordlife
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jan 28): DBS: The bank announced on…
Culture
US: Wall St opens sharply lower as China's AI push rattles Big Tech
Wall Street’s main indexes opened lower on Monday (Jan 27), as the surging popularity of a low-cost Chinese artificial intelligence model…
Culture
Keppel Reit H2 2024 DPU falls 3.4 per cent to S$0.028 on lower distributable income
The group reported a 13.6 per cent increase in H2 2024 net property income to S$105.1 million from S$92.5 million a year prior THE manager…
Culture
Keppel Reit H2 2024 DPU falls 3.4 per cent to S$0.028; manager confident of strong Singapore office demand
DPU fall comes despite a 13.6% increase in H2 FY2024 net property income to S$105.1 million THE manager of Keppel Real Estate Investment…
Culture
Yes, You Can Wear Denim on Denim in the Winter. Here's How - Fashion Jackson
A Canadian tuxedo moment, but make it extra chic with the perfect black overcoat. I love a denim on denim look, especially because there…
Culture
Demand falls for latest Singapore Savings Bond with 10-year average return of 2.82%
THE latest Singapore Savings Bond (SSB) allotted on Monday (Jan 27) saw a fall in applications to less than half of the amount offered, as…
Culture
With the Fed likely to stay pat on rates, investors will scrutinise every detail for any deviation on policy - The Business Times
This time, unlike at previous high-stakes meetings, no one expects to see any surprises THE US Federal Reserve is so likely to leave…
Culture
With the Fed likely to stand pat on rates, investors will scrutinise every detail for any deviation on policy
This time, unlike at previous high-stakes meetings, no one expects to see any surprises THE US Federal Reserve is likely to leave interest…
Culture
Chinese commodities firms bear the brunt of a slowing economy - The Business Times
Overcapacity has compounded the impact of China’s slowing growth on these stalwarts of the old economy CHINESE industrial profits show…
Culture
SLB Development jumps 33% after S$0.23-per-share privatisation offer from Lian Beng’s Ong family - The Business Times
SHARES of property player SLB Development surged on Monday (Jan 27) morning, after it announced last week that it had received a…
Culture
Singapore-listed US office Reits soar on Trump’s return to office mandate - The Business Times
SINGAPORE-LISTED office real estate investment trusts (S-Reits) have surged in the past week, after US President Donald Trump signed an…
Culture
Singapore shares track regional declines on Monday; STI down 0.2%
SINGAPORE shares ended lower on Monday (Jan 27), tracking declines in the region. The benchmark Straits Times Index declined 0.2 per cent…
Culture
JPMorgan, PineBridge stay bullish on Asia’s wobbling junk bonds - The Business Times
PINEBRIDGE Investments and JPMorgan Asset Management are sticking with bullish bets for Asian junk-rated bonds given elevated yields and a…
Culture
CapitaLand Ascott Trust posts 7% fall in H2 DPS to S$0.0355 - The Business Times
CAPITALAND Ascott Trust (Clas) on Monday (Jan 27) posted a 7 per cent fall in distribution per stapled security (DPS) to S$0.0355 for the…
Culture
Hong Kong’s property distress is catching up with city’s banks
DISTRESSED property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. The city’s…
Culture
US Fed prepares to pause in first rate decision since Trump’s inauguration - The Business Times
THE US Federal Reserve is expected to announce a pause in rate cuts on Wednesday (Jan 29), as policymakers look to continue tackling…
Culture
Universal Music, Spotify reach new multiyear distribution deal - The Business Times
UNIVERSAL Music Group and Spotify Technology reached a new multiyear distribution agreement that includes compensation for recorded songs…
Culture
Referee kayu? Like in football, focus in the market should be on the ‘play’, not the refereeing - The Business Times
I DON’T know how many of you are football fans, but many games are played over the Christmas and New Year period. Every morning when I try…
Culture
China boosts index investments in latest bid to revive market - The Business Times
China announced new measures to promote the development of index investment products, its latest effort to shore up the ailing equity…
Culture
Huationg Global’s Patrick Ng enhances stake amid robust business prospects - The Business Times
Over the five trading sessions from Jan 17 to Jan 23, institutions were net sellers of Singapore stocks, leading to net institutional…
Culture
JPMorgan’s investment banking chair to step down, memo shows - The Business Times
JPMorgan Chase’s global chair of investment banking and capital markets Kevin Willsey has informed the bank of his decision to retire at…