News

Adidas plans 1-billion-euro share buyback after profits jump
Published Fri, Jan 30, 2026 · 11:19 PM[FRANKFURT] Adidas reported stronger-than-expected fourth-quarter profits and announced a fresh share buyback, as it looks to maintain its momentum with retro sneakers...
Trump nominates former Fed official Kevin Warsh to succeed Jerome Powell as next Fed chair
The move signals a potential pivot toward lower rates as Trump puts his stamp on the US economyPublished Fri, Jan 30, 2026 · 08:03 PM — Updated Fri, Jan...
SGX to launch three new SDRs on Feb 2, including Chinese gold producer Zijin Gold
Singapore Depository Receipts’ daily turnover grows 10 times year on year to S$12 million[SINGAPORE] The Singapore Exchange (SGX) is launching three new Singapore Depository Receipt (SDR) counters – including...
Dream of owning a flying car? This California company is already selling them
A future with flying cars is no longer science fiction — all you need to order your own is about $200,000 and some hope and patience.The Palo Alto-based company...
Lim Kok Thay appointed as new RWS chairman, director
The 74-year-old billionaire is acting CEO of Genting Singapore, and son of Genting founder Lim Goh Tong[SINGAPORE] Genting Singapore announced on Friday (Jan 30) that it has appointed its...
South-east Asia seeks data centre investments – but must reckon with their thirst
With rapid data centre growth straining the region’s water supply, the race is on for alternative water sources and cooling technologies.[SINGAPORE] Soaring AI demand has brought hefty data centre...
Stocks tumble on bets Kevin Warsh is Trump’s Fed pick
Published Fri, Jan 30, 2026 · 01:19 PM[SINGAPORE] Stocks slumped while the dollar and bond yields shot up on Friday after US President Donald Trump said he has firmed...
Gold retreats as reports on Trump’s Fed nominee boost dollar
Published Fri, Jan 30, 2026 · 12:17 PMGOLD fell, following its first drop in nearly two weeks, as the US dollar strengthened after a report the Trump administration is preparing...
Mapletree Pan Asia Commercial Trust Q3 DPU rises 2.5% to S$0.0205
[SINGAPORE] 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...
CDLHT posts 0.4% rise in H2 DPS to S$0.0282
[SINGAPORE] CDL Hospitality Trust (CDLHT) reported on Friday (Jan 30) a distribution per stapled security of S$0.0282 for the second half ended Dec 31, 2025, up 0.4 per cent...
California wealth tax would cause rich to flee, governor Newsom warns
At least six billionaires have already left the state ahead of the Jan 1 residency cut-offPublished Fri, Jan 30, 2026 · 08:01 AM[SAN FRANCISCO] California governor Gavin Newsom warned...
Bitcoin slide below US$85,000 leads to US$1 billion in liquidations
The digital currency is down more than 30 per cent from an all-time high on Oct 6Published Fri, Jan 30, 2026 · 07:28 AMBITCOIN can’t catch a break these...