BNP Paribas seeks to cut about 1,200 roles on Axa IM integration
More recently, the CEO Jean-Laurent Bonnafe has been selling some stakes in various businesses Paribas is seeking to eliminate about 1,200 positions as it completes the…
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From US tech to emerging markets, investors urged to diversify in volatile year
Panellists highlight investment opportunities for 2026 amid geopolitical uncertainties Steve Brice, Global Chief Investment Officer of Standard Chartered Albert Tse, CEO of Amundi South…
Bank of America, Citigroup weigh new cards with 10% rate
Some bank executives have publicly said that they agree with Trump’s focus on affordability Bank of America and Citigroup are exploring options they could offer up as an olive…
Trump sues JPMorgan, CEO Jamie Dimon for US$5 billion over alleged debanking
JPMorgan said it closes accounts that create legal or regulatory risk for the bank PRESIDENT Donald Trump filed a US$5 billion lawsuit against JPMorgan Chase and its CEO Jamie…
Intel gives weak forecast after supply shortages hurt sales
Despite the optimism, the company still has a long way to go to restore its former chip-industry glory Intel gave a lacklustre forecast for the current quarter because supply…
European shares rebound as Trump withdraws tariff threats over Greenland
PEAN shares logged their biggest daily jump in nearly two months on Thursday in investor relief that US President Donald Trump dropped tariff threats on regional countries and…
Anduril to invest another $1 billion in California with new Long Beach campus
Anduril Industries, one of the leading defense companies in Southern California, will expand in Long Beach with a new $1-billion complex near the city’s airport. Anduril is developing new…
This L.A. startup uses SpaceX tech to cool data centers with less power and no water
As the artificial intelligence industry heats up, Karman Industries is trying to cool it down. The Signal Hill startup says it has developed a cooling system that uses SpaceX rocket engine…
The Assembly Place’s IPO 35.5 times subscribed ahead of Catalist debut
Co-living operator The Assembly Place’s initial public offering (IPO) was 35.5 times subscribed on Thursday (Jan 22), ahead of its debut on the Singapore Exchange’s Catalist board the next…
Singapore unveils new framework to rein in risks of autonomous AI agents
While agentic artificial intelligence may benefit the Republic’s digital economy, it also has its vulnerabilities Singapore has launched a new governance framework for agentic artificial…
Suntec Reit DPU jumps 23.2% for H2 on stronger operational performance, lower financing costs
Suntec Real Estate Investment Trust (Reit) recorded a distribution per unit (DPU) of S$0.0388 for the second half-year ended Dec 31, 2025. This was a 23.2 per cent increase from the DPU of…
Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
The insurer currently holds a 51% interest while local partner Detik Ria owns the rest Prudential will pay RM1.5 billion (S$483 million) in cash to increase its stake in Prudential…
BlackRock’s HPS invests US$50 million in Malaysia’s Teleport for Asia debut
Investment Partners has invested US$50 million in Malaysian logistics firm Teleport, marking the global private credit firm’s first deal in Asia after being acquired by…
Singapore stocks rise as Trump softens Greenland stance; STI up 0.4%
The iEdge Singapore Next 50 Index, meanwhile, is down 0.1% or 1.02 points at 1,483.97 Singapore stocks ended higher on Thursday (Jan 22), tracking a global relief rally after US President…
Temasek-backed fizzy drinks maker Chi Forest considers Hong Kong IPO: sources
The drinks manufacturer has held early talks with potential advisers about the share sale Chi Forest, a maker of low-calorie sparkling drinks and flavoured teas, is considering a…
Hong Kong’s Sogo Mall operator seeks HK$8 billion loan refinancing
Lenders have paused earnings checks for Lifestyle International as it seeks to refinance Hong Kong mall operator Lifestyle International Holdings is in talks with banks to…
China, Indonesia, Malaysia top Changi Airport markets in 2025; total passenger traffic hits record
China, Indonesia and Malaysia were Changi Airport’s top passenger markets in 2025, the airport operator said on Thursday (Jan 22), amid a record 69.98 million passengers passing…
SIA is sole Singapore company among Fortune’s top 50 admired firms; Wilmar also makes list
National carrier Singapore Airlines (SIA) ranked first among its peers in the airline industry on Fortune’s 2026 World’s Most Admired Companies list. The survey assessed nine criteria,…
SIA, Wilmar the only Singapore companies to make Fortune’s most admired firms list
The national carrier is the only company based here to feature within the top 50 of the list National carrier Singapore Airlines (SIA) ranked first among its peers in the airline industry…
Data centre player Equinix funds study on nuclear energy tech for Singapore, including floating plants
It will also assess the feasibility of small modular reactors; aims to provide “data-driven” insights Data centre operator Equinix is funding a new study by a Singapore-based think-tank on…
Info-Tech Systems up 10.5% on positive profit guidance
It remains under its initial public offering price but has hit its highest level in nearly two months Shares of Info-Tech Systems rose on Thursday (Jan 22) after the company issued a…
London retains top spot in own global financial centre survey for sixth year
London remains the world’s top financial centre ahead of New York, the City of London Corporation’s annual survey based on public data showed on Thursday (Jan 22), while Singapore…
UOB up 2.2% at 9-month high; Macquarie lifts target price ahead of Q4 earnings
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…
Info-Tech Systems forecasts ‘considerable increase’ in consolidated net profit for FY2025
Software provider Info-Tech Systems expects to report a “considerable increase” in its consolidated net profit for FY2025, compared with the full-year ended Dec 31, 2024. The improvement…