Section
Japan’s Nikkei share average fell back from a record high on Thursday, as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost steam. The benchmark Nikkei…
The company has also struggled more broadly with profitability and production challenges Lucid Group is on track with plans to start producing cars in Saudi Arabia as it looks to drive the…
The city’s IPO market has seen a flurry of high-profile listings already this year Hong Kong-based fintech firm WeLab has secured US$220 million from investors including HSBC Holdings and…
Gold slipped on Thursday (Jan 15) as investors booked profits after three consecutive sessions of record highs, while an apparent softer tone from US President Donald Trump on the Federal…
Iran closed its airspace temporarily to most flights late on Wednesday, forcing airlines to cancel, reroute or delay some flights, amid concerns about possible military action between the…
The optimism around Asian private credit runs counter to a broader global pullback KKR raised three-quarters of its US$2.5 billion Asia private credit fund from new investors, as deepening…
UOB has priced S$850 million in perpetual capital securities at 3 per cent under its US$30 billion Global Medium Term Note Programme, the bank announced on Wednesday (Jan 14). The issue…
Financial markets expect the Fed to leave interest rates unchanged at its January meeting ECONOMIC activity increased in most parts of the US and employment was mostly unchanged in recent…
TSMC, the world’s largest manufacturer of advanced artificial intelligence chips, is expected to post a 28 per cent jump in fourth-quarter net profit to a record high on Thursday driven by…
Social media giant Meta said it’s cutting more than 1,000 workers and closing several content studios as it focuses its efforts on artificial intelligence-powered wearables such as smart…
Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar First Sponsor expects to post a net loss for its second…
Wall Street’s main indexes fell at the open on Wednesday (Jan 14) as investors digested earnings from Bank of America and Citigroup, while retail sales and producer price data did little…
Pawnbroker MoneyMax Financial Services is looking to transfer its listing to the mainboard of the Singapore Exchange (SGX), from its current listing on the Catalist board. A listing on the…
This will help it qualify for cross-border trading, opening up investment flows from the mainland to Hong Kong Baidu is considering upgrading its Hong Kong listing to primary status, to…
HSBC Holdings is exploring options for its insurance unit in Singapore, including a sale, people familiar with the matter said, following other business revamps globally under CEO Georges…
The trust gains an ‘attractive entry yield’ with an expected yield on cost of more than 5% CapitaLand Integrated Commercial Trust (CICT) will develop and fully own the commercial component…
A listing on the Catalist board of the Singapore Exchange (SGX) will raise the profile of Toku’s customer experience platform when it pitches to prospective large enterprise customers.…
The Bank of Japan’s absence from a list of central banks lining up to support Federal Reserve chair Jerome Powell reflects its aversion to politics and the government’s reluctance to cross…
Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as part of the plan to take the forklift maker…
It is unclear whether the directives apply to existing orders for H200 chips, or only to new orders The Chinese customs authorities told customs agents this week that Nvidia’s H200…
The group’s undervalued share price is unwarranted, given its rare landed housing land bank Many affluent Singaporeans aspire to live in private landed homes, the purchase of which is…
A train derailed in northeastern Thailand on Wednesday (Jan 14) after a construction crane fell on three of its carriages, killing at least 25 people and injuring about 80, police said.…
A train derailed in northeastern Thailand on Wednesday (Jan 14) after a construction crane fell on three of its carriages, killing at least 32 people and injuring more than 60, police…
[BEIJING/SHANGHAI] Chinese stock exchanges on Wednesday (Jan 14) tightened margin requirements in a surprise move to cool a red-hot stock market, after onshore turnover and leverage bets…
