Fashion
Indian central bank’s surprise, outsized intervention eases bearish bias on rupee
[ad_1] THE Indian central bank’s unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as US$11 billion by one estimate, has reduced...
GlobalFoundries sinks into the red with US$730 million Q4 loss due to impairment charge
[ad_1] GLOBALFOUNDRIES, which operates a wafer plant in Singapore, sunk into the red with a net loss of US$730 million for its fourth quarter ended Dec 31, 2024, compared with...
ABS introduces digital tool for banks to verify trade financing documents
[ad_1] BANKS in the Republic can now better tackle trade finance fraud with a new automated digital tool that checks the authenticity of bills of lading – supporting documents commonly...
China tightens rules on new copper smelters to curb overcapacity
[ad_1] China will also encourage copper smelters to sign long-term purchase agreements with global minersCHINA has tightened requirements for building new copper smelters, in its latest attempt to curb relentless...
Malaysia’s Sarawak now gets its own airline in autonomy quest
[ad_1] Sarawak will sign a sales and purchase agreement on Wednesday to acquire MASwingsMALAYSIA’S Sarawak state will acquire a sister company of national carrier Malaysia Airlines, its latest move to...
Trump’s crypto company launches strategic ‘token reserve’
[ad_1] WORLD Liberty Financial (WLF), the new crypto platform in which US President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to...
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
[ad_1] COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology costs.Shares of...
BlackRock, FDIC seek to end regulatory row over bank stakes
[ad_1] The FDIC wants disclosures on any potential effort by large asset managers to sway banks where they have sizeable stakesBLACKROCK and the Federal Deposit Insurance Corporation (FDIC) are trying...
Only these 5 SGX-listed companies made it to a list of 100 fastest growing firms in Singapore
[ad_1] THERE are only five Singapore Exchange (SGX)-listed companies on a list of 100 fastest-growing firms based in Singapore and they hail from a diverse range of sectors, a recent...
Singapore shares rise at Wednesday’s open; STI up 0.5%
[ad_1] SINGAPORE shares began Wednesday (Feb 12) trading in positive territory as markets abroad logged mixed results. As at 9.01 am, the Straits Times Index (STI) was up 0.5 per cent...
