Culture
Japan’s Nikkei hits all-time high on Wall Street rally, snap election bets
[ad_1] [TOKYO] Japan’s Nikkei share average surged to a record high on Tuesday, as markets played catch-up with Wall Street’s recent two-day rally following a public holiday in the Asian...
SK Hynix to invest nearly US$13 billion in chip packaging plant in South Korea
[ad_1] [SEOUL] South Korea’s SK Hynix said on Tuesday it has decided to invest 19 trillion won (S$16.6 billion) to build an advanced chip packaging plant in South Korea to...
BHP is stuck on the sidelines of copper M&A frenzy it started
[ad_1] The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal[LONDON] BHP Group’s bold bid to buy rival Anglo American in...
Stocks to watch: Thomson Medical, Vin’s Holdings, Alpha Reit
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 13): Thomson Medical : The mainboard-listed group on Monday announced that it...
Alphabet hits US$4 trillion valuation as AI refocus lifts sentiment
[ad_1] [BENGALURU] Alphabet briefly hit US$4 trillion in market valuation on Monday (Jan 12), as the Google parent’s sharpened artificial intelligence (AI) focus allayed doubts about its strategy and thrust...
Fitch Ratings says Fed independence is key factor for US sovereign rating
[ad_1] [NEW YORK] Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US sovereign rating.The credit rating agency will continue...
Wall Street falls at open on worries over Fed autonomy
[ad_1] [NEW YORK] Wall Street’s main indexes opened lower on Monday (Jan 12) after the Trump administration renewed its attacks on the Federal Reserve, stoking fresh worries about the central...
How Trump’s proposed cap on credit card rates could reshape consumer lending
[ad_1] It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes[NEW YORK] A proposed one-year cap on credit...
Meta hires ex-Trump adviser Dina Powell McCormick as president, vice chairman
[ad_1] She will guide overall strategy with a particular focus on Meta’s AI infrastructure efforts[SAN FRANCISCO] Meta Platforms has appointed a former top adviser to US President Donald Trump to...
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
[ad_1] Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting[NEW YORK] JPMorgan predicts that the US Federal Reserve’s...
Not another dotcom bubble: DBS CIO doubles down on AI, healthcare
[ad_1] Hou Wey Fook is confident that AI-related optimism is based on sound fundamentals[SINGAPORE] The so-called “artificial intelligence (AI) bubble”, which has some concerned, is not the same as the...
Grab gets approval to test its autonomous vehicle services with the public in Singapore
[ad_1] The community testing phase involves grassroots advisers and residents of Punggol[SINGAPORE] Ride-hailing giant Grab, in partnership with WeRide, has started accepting selected members of the public to test its...