Centurion ecosystem: CAReit initiation & parent upgrade
Analysts are turning bullish on the Centurion ecosystem, with CGS International (CGSI) initiating coverage on the newly listed Centurion Accommodation Reit (CAReit) while RHB and UOB Kay…
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Culture
AirAsia X targets up to US$600 million debt restructuring after combining airlines
Malaysia’s AirAsia X targets US$500 million to US$600 million in debt restructuring after the budget airline this week bought the short-haul aviation business of Capital A, deputy…
This common medical event leaves women in debt
Having a baby isn’t cheap, but sometimes, even the delivery alone can be a crushing burden on families. According to a new survey, even moms who are insured can end up saddled with medical…
Gold falls as easing geopolitical tensions dampen safe-haven demand
and other precious metals fell on Thursday as geopolitical tensions and safe-haven demand eased after US President Donald Trump backed down from new tariff threats and…
Australian dollar scales 15-month high on strong jobs data
The Australian dollar hit 15-month highs on Thursday as an apparent easing in US-European tensions soothed risk sentiment, while a strong set of domestic jobs data narrowed the…
STI, Asian markets rebound after Trump backs off on Greenland tariffs
Asian markets rebounded on Thursday (Jan 22) morning as Wall Street closed higher after news that a Greenland deal framework has been reached. US President Donald Trump said that he would…
UOB jumps 2.2% to 9-month high as market rises; Macquarie upgrades stock
It has potential for a ‘relative-value catch up play’, with headwinds set to abate this earnings season Shares of UOB rose on Thursday (Jan 22) after Macquarie upgraded its call on the…
UOB closes 2.3% higher following Asia market rebound; Macquarie upgrades stock
It has potential for a ‘relative-value catch-up play’, with headwinds set to abate this earnings season Shares of UOB rose on Thursday (Jan 22) after Macquarie upgraded its call on the…
Toku soars on Catalist IPO debut
Customer experience platform Toku, Singapore’s second listing of the year, made its trading debut on the Catalist board on Thursday (Jan 22). The counter opened at S$0.265 per share, 6 per…
South Korea’s Kospi stock benchmark tops 5,000 for first time
South Korea’s stock benchmark topped 5,000 points for the first time on Thursday, powered by gains in chipmakers like Samsung Electronics and SK Hynix, reaching a level promised…
Stocks to watch: Seatrium, Toku, AA Reit, HRnetGroup, Info-Tech Systems
The following companies saw new developments that may affect trading of their securities on Thursday (Jan 22): Source link
Lululemon founder slams board after see-through leggings fiasco
LEMON Athletica founder Chip Wilson lashed out over the company’s latest product flop, calling it a “total operational failure” that he blamed on the company’s board of…
Seatrium unit files arbitration proceedings over dispute with consortium partner Aibel
The company is unable to ascertain the financial impact arising from the proceedings Seatrium New Energy (SNE), a wholly owned subsidiary of Seatrium, and Norwegian energy services firm…
Seatrium unit faces 130 million euros in claims from consortium partner amid arbitration proceedings
Seatrium adds that it is currently ‘unable to definitively ascertain the financial impact, if any’ Seatrium New Energy (SNE), a wholly owned subsidiary of Seatrium, and Norwegian energy…
Autopsy finds Cuban immigrant in ICE custody died of homicide due to asphyxia
A Cuban migrant held in solitary confinement at an immigration detention facility in Texas died after guards held him down and he stopped breathing, according to an autopsy report released…
Trump Takes His American Decline Tour to Davos
On stage at Davos, however, Trump looked like he might be entering his final season, and that what’s left of Trump’s brain is starting to realize it. Consider: In the speech, Trump said “I…
ICE has secret policy allowing officers to enter private homes, whistleblowers say
ICE has created a secret policy that permits officers to enter the homes of illegal immigrant targets by force without getting a judicial warrant, according to a whistleblower revealed by…
The Subtext of Trump’s Batshit Speech in Davos
“Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact,…
US House panel advances bill to give Congress authority over AI chip exports
The US House of Representatives Foreign Affairs Committee on Wednesday overwhelmingly advanced a bill that would give Congress power over artificial intelligence chip exports,…
Conservative group says Los Angeles school policy hurts white students in federal lawsuit
A conservative group filed a federal lawsuit Tuesday challenging a Los Angeles schools policy meant to address the harms of segregation, alleging that it discriminates against white…
Judge tosses lines of NYC's only Republican House seat, as state enters redistricting wars
A judge on Wednesday threw out the boundaries of the only congressional seat in New York City represented by a Republican, ordering the state to redraw the district on the grounds that its…
House passes bill to keep federal aid flowing to pregnancy resource centers
Ahead of the annual March for Life this week, House Republicans passed legislation that would ensure federal funding continues for pregnancy resource centers serving low-income women.…
ICE activity increases in Maine as anxiety grows in immigrant communities
The Trump administration is now targeting its mass deportation campaign on Maine, a state with relatively few residents in the United States illegally but a notable presence of African…
JPMorgan’s Dimon warns of ‘economic disaster’ for US as Trump backs credit card rate cap
[DAVOS, Switzerland] JPMorgan Chase CEO Jamie Dimon warned on Wednesday (Jan 21) that a proposal to cap credit card interest rates would amount to economic disaster, while US…