Posts by Nathan Pine
Autodesk to cut 1,000 workers as the tech company bets on AI
Software company Autodesk is slashing roughly 1,000 roles, representing a 7% cut of its global workforce. The San Francisco company, which makes software used by architects, designers and engineers, told its employees Thursday that “strategic shifts,” including its focus on expanding its leadership in artificial intelligence, fueled its latest round of cuts. Workers in “customer-facing…
Read MoreChristina Aguilera and Fiancé Matthew Rutler Enjoy Rare Date Night in Paris
Lady Gaga & Michael Polansky Tech entrepreneur Michael Polansky just wanted to get many more looks at love Lady Gaga, popping the question to the megastar in April 2024. Even before they met, the Grammy winner’s mom Cynthia Germanotta just knew the two would be a match. “My mom met him and she said to…
Read MoreFCT’s occupancy rises to 99.9% after new cinema tenants replace Cathay
[SINGAPORE] Mall operator Frasers Centrepoint Trust’s (FCT) committed occupancy rate rose to 99.9 per cent after the first quarter ended Dec 31, 2025, from 98.1 per cent in the preceding quarter, following the successful backfilling of cinema spaces at two of its malls. The spaces at Causeway Point and Century Square were taken up after…
Read MoreSingapore stocks track global rally; STI up 1.3% after hitting new high
[SINGAPORE] Singapore stocks ended higher on Friday (Jan 23), tracking a global rally in markets. The benchmark Straits Times Index (STI) hit a new record of 4,895.15 in the day before closing 1.3 per cent or 63.13 points higher at 4,891.45. The iEdge Singapore Next 50 Index also rose, up 0.3 per cent or 3.77…
Read MoreWhy Indonesia’s rupiah hit a record low in January
[JAKARTA] Indonesia’s rupiah has been under sustained pressure for months as investors grow uneasy about the country’s fiscal outlook and the direction of economic policy. Those concerns pushed the currency to a record low against the US dollar in January, despite intervention by the central bank to smooth its decline. With little sign of relief,…
Read MoreFreeport says it’s on track to restart Indonesia copper mine after deadly mudslide
The company has already restarted two unaffected areas of the mine since the incident in September Published Fri, Jan 23, 2026 · 11:30 AM [NEW YORK] Freeport-McMoRan is making progress on a restart of its sprawling Indonesian copper mine, it said on Thursday (Jan 22), after a deadly mudslide shuttered the operation that’s critical to…
Read MoreGold, silver and platinum extend record-setting rally
Published Fri, Jan 23, 2026 · 10:03 AM [BENGALURU] Gold notched another record high on Friday (Jan 23), while silver and platinum also extended gains to hit all-time peaks, powered by geopolitical and economic uncertainties, a weaker US dollar and bets for US Federal Reserve interest rate cuts. Spot gold was up 0.5 per cent…
Read MoreCo-living operator The Assembly Place opens 34.8% above IPO price in Catalist debut
[SINGAPORE] The Assembly Place rose at its Catalist debut on Friday (Jan 23), which marks the second listing of a co-living operator on the Singapore Exchange. It commenced trading at 9 am on Friday and opened at S$0.31, 34.8 per cent or S$0.08 above its initial public offering (IPO) price of S$0.23. The counter rose…
Read MoreStocks to watch: Prudential, Keppel, Suntec Reit, Aztech Global, The Assembly Place
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 23): Source link
Read MoreBNP 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 Published Fri, Jan 23, 2026 · 07:13 AM [PARIS] BNP Paribas is seeking to eliminate about 1,200 positions as it completes the integration of the asset management unit Axa Investment Managers (IM). The number is a starting point around a voluntary…
Read MoreStretched valuations no barrier to global equity opportunities in 2026: panellists
Investors can still generate returns by being risk-on in a diversified manner, say market watchers [SINGAPORE] Risk assets will likely continue to perform well globally in 2026, even though valuations in certain sectors may now look increasingly expensive. Investors can still generate returns by being risk-on in a diversified manner, said market watchers at a…
Read MoreBank of America, Citigroup weigh new cards with 10% rate
Some bank executives have publicly said that they agree with Trump’s focus on affordability Published Fri, Jan 23, 2026 · 06:51 AM [NEW YORK] Bank of America and Citigroup are exploring options they could offer up as an olive branch to satisfy US President Donald Trump’s demand to cap credit card interest rates at 10…
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