Culture
China starts world’s largest compressed-air power storage plant
[ad_1] The plant can generate 600 megawatts of power and meet the annual demand of 600,000 householdsPublished Tue, Jan 27, 2026 · 12:01 PMTHE world’s largest compressed-air power storage plant...
HSBC to shut Raffles Place branch amid deeper push into wealth management
[ad_1] The bank has three other wealth centres in the city-state, with one more to be added in February this yearPublished Tue, Jan 27, 2026 · 11:24 AM[SINGAPORE] HSBC Holdings...
Micron invests US$24 billion to expand Singapore manufacturing complex; 1,600 jobs to be created
[ad_1] This brings the company’s total investments in Singapore to around US$60 billion[SINGAPORE] Semiconductor giant Micron Technology broke ground on Tuesday (Jan 27) morning on an advanced wafer fabrication facility...
Chandra Asri gets US$250 million loan to fund equity in Esso deal
[ad_1] The financing underscores how private credit funds and traditional lenders increasingly operate side-by-side in mergers and acquisitions in Asia-PacificPublished Tue, Jan 27, 2026 · 11:11 AM[SINGAPORE] Indonesian energy and...
Gold, silver rise to near record highs on lingering safe-haven demand
[ad_1] The white metal has already surged 55% so far this year.Published Tue, Jan 27, 2026 · 10:54 AM[BENGALURU] Gold rose on Tuesday (Jan 27), after breaking through the US$5,100...
UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
[ad_1] [SINGAPORE] The Straits Times Index (STI) may reach 5,400 points by the end of 2026, driven by policy tailwinds and resilient corporate earnings, said UOB Kay Hian (UOBKH).The STI...
Apollo took loss on zeroed out asset-backed loan deemed safe
[ad_1] The fallout from the e-commerce aggregator boom is still rippling through credit markets[LOS ANGELES] Apollo Global Management took a loss on a portion of a US$170 million asset-backed financing...
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
[ad_1] [SINGAPORE] The US dollar still dominates global trade, but the use of the Chinese renminbi (RMB) has gained strong momentum across Asean, with the trend expected to continue. “We do...
UOL up 8% at highest price in two decades after JPMorgan target price upgrade
[ad_1] [SINGAPORE] Shares of UOL Group climbed to their highest price in around two decades on Tuesday (Jan 27) morning, after JPMorgan raised its target price for the property developer...
Starbucks reports CEO Brian Niccol earned US$31 million in 2025
[ad_1] Published Tue, Jan 27, 2026 · 09:21 AM[NEW YORK] Starbucks chief executive officer Brian Niccol total compensation was US$31 million in fiscal 2025, a decline from the previous year...
