Trump says he’ll announce Fed chair pick on Friday morning
He reiterated that the next leader of the central bank would lower interest rates PRESIDENT Donald Trump said he would be announcing his pick for a nominee to chair the Federal…
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Fashion
Mapletree Pan Asia Commercial Trust Q3 DPU rises 2.5% to S$0.0205
Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Jan 30) posted a distribution per unit (DPU) of S$0.0205 for the third quarter ended Dec 31. It will be paid on Mar 18. This was 2.5…
Keppel DC Reit H2 DPU up 7.1% at S$0.05248 on the back of acquisitions, strong portfolio reversion
Data centre-focused Keppel DC Reit on Friday (Jan 30) posted a 7.1 per cent increase in distribution per unit (DPU) to S$0.05248 for the second half ended Dec 31, 2025, from S$0.04902 in…
US has investigated claims that WhatsApp chats aren’t private
Meta says it cannot see WhatsApp messages because they are encrypted with digital keys on users’ phones US LAW enforcement has been investigating allegations by former Meta Platforms…
Apple sales, profit beat Wall Street estimates amid ‘staggering’ iPhone demand
E beat Wall Street estimates for quarterly revenue on Thursday (Jan 29), powered by strong demand for its iPhones and a sharp rebound in China, with CEO Tim Cook telling…
Tech selloff drags Europe stocks lower as SAP’s results disappoint
PE’S benchmark share index gave up early gains to close lower on Thursday, weighed by a selloff in technology stocks as results from Germany’s SAP and US-based Microsoft…
SGX broadens adoption of broker custody accounts
Currently, SGX-listed securities in two-thirds of retail accounts are held directly with CDP Moves are afoot to get more Singapore investors to adopt broker custody accounts and align the…
Waymo under scrutiny after hitting child near Santa Monica elementary school
A Waymo self-driving taxi recently struck a child near a Santa Monica elementary school during drop-off hours, triggering an investigation into the incident by the National Highway Traffic…
Bitcoin drops below US$86,000 as traders retreat from risk assets
Bitcoin dropped below US$86,000 for the first time in about six weeks amid a pullback in risk assets. The largest cryptocurrency slipped as much as 4.7 per cent to US$85,105, the…
Wall Street opens mixed as markets digest Big-Tech AI splurge
Wall Street opened mixed on Thursday (Jan 29), as investors waded through mega-cap tech results that showcased another surge in AI spending, while the Federal Reserve held rates…
Petronas to beef up exploration and production in next three years
This includes maintaining domestic output at close to two million barrels of oil equivalent a day between 2026 and 2028 Malaysia’s state energy firm Petronas said on Thursday (Jan…
China plans space‑based AI data centres, challenging Musk’s SpaceX ambitions
The Chinese nation and the US are competing to become the first to exploit the military and strategic advantages of space dominance China plans to launch space-based artificial…
India’s Bharat Petroleum plans Singapore trading hub to cut costs and boost margins
India’s Bharat Petroleum Corp (BPCL) will open a trading office in Singapore next month, as the state-owned refiner seeks to become more flexible in its feedstock procurement…
GuocoLand H1 net profit rises 14% to S$85.4 million despite lower revenue
Property developer GuocoLand on Thursday (Jan 29) posted a net profit of S$85.4 million for the six months ended Dec 31, 2025, up 14 per cent from the S$74.6 milllion booked for the…
Silicon Valley is driving users to ditch keyboards and spend hours talking to their tech
Gavin McNamara has abandoned his keyboard and spends all day talking rather than typing. He speaks for hours with his computer and phone, sending emails, writing presentations, posting on…
Powell defends independence of Federal Reserve
It will maintain trust in central banks that monetary policy will not be abused for short-term gains that might win elections US Federal Reserve chairman Jerome Powell made a strident case…
PSA, Japan’s Mitsui OSK to set up roll-on, roll-off terminal in Singapore
Move is part of the Japanese shipping firm’s regional strategy to expand its automotive business Japanese shipping firm Mitsui OSK Lines (MOL) has formed a joint venture with port operator…
CGSI raises target price on OUE Reit to S$0.41 on better-than-expected 2025 earnings, positive outlook
Analysts keep ‘add’ call management’s positive view on rental revisions for commercial assets CGS international raised its target price for OUE Real Estate Investment Trust (Reit) to…
Jardine C&C group MD Benjamin Birks to step down in April
Successor has not yet been named, but will be announced in due course. Mainboard-listed Jardine Cycle & Carriage (Jardine C&C) group managing director Benjamin Birks will step down from…
Britain’s Lloyds’ annual profit rises 12%, upgrades guidance
Its profit before tax for 2025: £6.7 billion, up from £5.97 billion the year before and better than the £6.4 billion average of analysts’ forecasts Lloyds Banking Group said on…
SIA and Malaysia Airlines tie-up formalised after Malaysian approval
A joint business partnership between Singapore Airlines and Malaysia Airlines was formalised on Thursday (Jan 29), following Malaysian authorities’ approval earlier this month. Potential…
Forced TikTok US sale may fuel ByteDance’s expansion into Asia: analysts
Other emerging markets have also been identified as potential beneficiaries of the divestment The forced sale of ByteDance’s TikTok in the United States was intended to curb the Chinese…
Bursa Malaysia pivots to larger IPOs as it plays down MSCI-related risks
The exchange’s Q4 net profit is down 11.7% at RM60.8 million amid muted market sentiment Bursa Malaysia is pivoting towards larger, higher-quality initial public offerings (IPOs) to deepen…
Deutsche Bank posts biggest annual profit in nearly two decades a day after police search
The biggest profit since 2007 is a welcome milestone for the bank after a rocky decade Deutsche Bank on Thursday (Jan 29) posted its largest annual profit since 2007 after a…