Culture
Kingsmen Creatives appoints new CEO Chong Siew Ling
It has also appointed Marianne Soh, the general counsel of the group and the daughter of co-founder Benedict Soh, as a director…
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Culture
Culture
Citigroup says it’s leaving global climate-banking alliance
CITIGROUP said it is leaving the Net-Zero Banking Alliance (NZBA), becoming the third-biggest US lender to leave the climate-finance…
Culture
Oil prices post 3% annual decline, slipping for second year in a row
OIL prices fell around 3 per cent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China’s…
Culture
Dollar dominates on cautious Fed, Trump trade
THE US dollar hit a two-year high and was on track to post an annual gain against almost all major currencies on Tuesday (Dec 31) as the…
Culture
Europe: Stocks clock worst quarterly showing since 2022
EUROPEAN stocks recorded their worst quarterly showing in more than two years on Tuesday (Dec 31), as uncertainty around interest rates…
Culture
2024: a year of market volatility
2024 UNFOLDED as a year marked by global turmoil and uncertainty: The war in Ukraine raged on, conflicts in the Middle East escalated, and…
Culture
Analysts positive on S-Reits in 2025 after a roller-coaster year
Singapore-listed real estate investment trusts seen to do better with interest rates likely to fall SINGAPORE-LISTED real estate…
Culture
Chery adds JPMorgan for US$1 billion Hong Kong listing
CHERY Holding Group has added JPMorgan Chase to help arrange a potential listing of its automotive unit in Hong Kong next year, according…
Culture
Hong Kong’s billionaire Cheng family seeks to sell China toll roads for US$2 billion
THE infrastructure arm of Hong Kong’s billionaire Cheng family is seeking to sell a bundle of roads in mainland China worth about US$2…
Culture
Gold’s 26% advance stands out in mixed year for metals markets
GOLD is heading for one of its biggest annual gains this century, with a 26 per cent advance that has been fuelled by US monetary easing,…
Culture
Hong Kong sees rush of IPO filings on last trading day of 2024
A SLEW of companies have announced plans to list shares in Hong Kong over the next month in a further sign the city’s IPO market is…
Culture
Gold flat; en route to best year in more than a decade
GOLD prices were unchanged in early Asian hours on Tuesday (Dec 31), the last trading day of an eventful year that saw the metal post its…
Culture
Chinese toy maker Bloks Group files for up to HK$1.46 billion Hong Kong IPO
BLOKS Group is looking to raise as much as HK$1.46 billion (S$225 million) in a Hong Kong initial public offering (IPO), as the Chinese…
Culture
Hong Kong dollar strongest since 2021 on record funding costs
THE Hong Kong dollar climbed to its strongest level in three and a half years, thanks to a year-end surge in demand that pushed the…
Culture
Singapore stocks’ showing may hinge on reforms in 2025, but outlook for some sectors look bright
ANALYSTS expect Singapore stocks to outperform and see significant upside in 2025, but there is a caveat: This is likely to happen only if…
Culture
US: Wall St opens lower on pressure from elevated Treasury yields
US main stock indexes opened lower open on Monday (Dec 30), as sparse trading volumes and the spectre of rising Treasury yields cast a…
Culture
South Korea orders airline safety probe following worst domestic crash
SOUTH Korea’s acting president Choi Sang-mok on Monday (Dec 30) ordered an emergency safety inspection of the country’s entire airline…
Culture
Jeju Air shares slump to record low after deadly plane crash
SHARES of South Korean budget carrier Jeju Air hit their lowest on record on Monday (Dec 30), after the country’s deadliest air crash…
Culture
China’s top stock of 2024 eyes boost from AI self-reliance
CHINA’S top-performing stock of 2024 is expected to see additional tailwinds into next year from the nation’s drive for greater…
Culture
No internal controls are fully fraud-proof, SingPost tells Sias
SINGAPORE Post (SingPost) said its board’s objective throughout recent investigations into the handling of whistleblowing reports has been…
Culture
Oil inches lower in thin trade, investors eye China, US data
OIL prices slipped lower on Monday (Dec 30) in thin holiday trade ahead of the year-end as traders awaited more economic data from China…
Culture
Gold gains on safe-haven demand amid global uncertainties
GOLD climbed on Monday (Dec 30) as conflict in the Middle East lifted bullion’s safe-haven appeal, while investors looked forward to US…
Culture
Banks want in on Tether’s billions in stablecoin profits
UNTIL recently, banks watched from the sidelines with envy as stablecoin market leader Tether Holdings boasted of billions in profits. Now…
Culture
Sembcorp’s Middle East greenfield renewables project to begin commercial operation
SEMBCORP’S first greenfield renewables project in the Middle East will begin commercial operations more than four months ahead of…