The top 10 dividend-paying ETFs on SGX with the highest yields
Dividends are usually top of mind for investors in Singapore when deciding where to place their bets. In the past couple of years, investors have been piling into T-bills with higher…
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Fashion
Gold hits near three-week low on stronger US dollar; Fed symposium in focus
Minutes of the US central bank’s July meeting are anticipated to offer further insights into the central bank’s policy stance Gold prices inched lower on Wednesday (Aug 20) to…
Ex-Goldman trader Qin Xiao starts Singapore hedge fund, gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his hedge fund startup. Singapore-based Nexus…
US hikes steel, aluminium tariffs on imported appliances, railcars, EV parts
The US Commerce Department said on Tuesday (Aug 19) that it is hiking steel and aluminium tariffs on more than 400 products, including wind turbines, mobile cranes, appliances, bulldozers…
Trump eyes US government stakes in other chip makers that received Chips Act funds: sources
US Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive Chips Act funding to build factories in the…
Surgical platform UltraGreen targets Asia for growth
Medical procedures can be risky. One company is providing data that could help reduce complications from surgery. Now, with Singapore in the centre of its plans, UltraGreen is looking to…
Finance industry bodies call for changes to crypto rules for banks
A group of finance industry bodies is calling for a rethink on looming regulatory standards that they say will make it difficult for banks to participate in crypto markets. The Basel…
Oil prices fall on talks to end Russian invasion of Ukraine
Oil prices fell on Tuesday (Aug 19) as traders bet that talks over a possible agreement to legitimise or end Russia’s invasion of Ukraine could ease sanctions on Russian crude oil,…
US seeks Intel stake without governance rights: Lutnick
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science…
The Projector owes S$1.2 million to creditors; Golden Mile cinema put up for rent
The company behind embattled cinema chain The Projector owes creditors S$1.2 million, including close to S$90,000 to almost 2,300 of its members, The Business Times has learnt. In an…
US: Dow opens higher as Home Depot puts focus on retail earnings
The blue-chip Dow opened higher on Tuesday (Aug 19), aided by a rise in shares of Home Depot after the retailer kept its annual forecasts intact, while caution dominated the…
Options traders brace for Big Tech sell-off with ‘disaster’ puts
Options traders are increasingly nervous about a plunge in technology stocks in the coming weeks and are grabbing insurance to protect themselves from a wipeout. The tech-heavy Nasdaq 100…
Foreign investment in Singapore real estate surges in Q2, but small market may limit further gains
Foreign investment in Singapore property jumped in the second quarter of this year to US$2.3 billion, 572.5 per cent higher than the US$342 million from the same period in 2024, led by…
STI rises 0.7% ahead of US Fed’s meeting
Across the broader market, gainers beat losers 269 to 217, with 2.1 billion securities worth S$1.7 billion changing hands Singapore stocks rose on Tuesday (Aug 19), as the market awaits…
Trafigura hires traders for deeper push into gold and silver
Trafigura Group has hired a team of precious metals traders as it looks to venture deeper into highly profitable gold and silver markets. Joseph Bou Sleiman, Xavier Miserez and Maxime…
Nvidia working on new AI chip for China that outperforms the H20: sources
Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell there, two people…
Hyflux played down Tuaspring’s power plant on Olivia Lum and CFO’s instructions, witness says
Former Hyflux’s corporate communications head testified that she only found out about the water treatment company’s power strategy for the Tuaspring integrated water and power project…
Goldman Sachs opens new Mumbai office with bigger footprint
India’s financial sector is seeing a renewed wave of global interest from Wall Street lenders and private equity giants Goldman Sachs opened a new office in India’s financial…
Singapore-based Shein reportedly weighs moving back to China to ease path for Hong Kong IPO
Fast-fashion retailer Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities’ approval for its planned Hong Kong IPO,…
Malaysia’s growth could slow by up to 1.2 percentage points due to US tariffs: trade ministry
Malaysia’s economic growth is projected to slow by approximately 0.6 to 1.2 percentage points this year due to US tariffs, the country’s trade ministry said, citing preliminary…
iFast plunges 8.5% after Temasek-linked shareholder offloads S$131 million worth of shares
Shares of iFast plunged on Tuesday (Aug 19), as substantial shareholder CP Invest – a subsidiary of Temasek-owned Cuscaden Peak Investments – reduced its stake in the company. The counter…
Tokyo: Nikkei slips from record high as investors weigh Wall Street lull
Japan’s Nikkei share average slipped from a record high to trade flat on Tuesday, as investors weighed Wall Street’s muted overnight finish, raising concerns that markets have advanced too…
China’s limp LNG demand faces more hurdles from Guangdong reform
China’s tepid imports of liquefied natural gas (LNG) face further pressure after market reforms in the southern province of Guangdong that could cut demand for the fuel from power plants.…
Gold holds steady as investors eye Fed’s Jackson Hole meeting
Gold prices were little changed on Tuesday (Aug 19) as investors focused on the Federal Reserve’s Jackson Hole meeting later this week, which could provide insights into the US central…