News

Mandarin Oriental to delist from SGX on Jan 20 following privatisation
[SINGAPORE] Mandarin Oriental will be delisted from the Singapore Exchange (SGX) on Jan 20, 2026, the luxury hotel group announced on Friday (Jan 16). The voluntary delisting follows the...
Some in Bank of Japan see scope to raise rates sooner than markets expect, sources say
[TOKYO] Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect with April a distinct possibility, as a sliding yen risks adding to already...
Ford in talks to use BYD batteries for overseas factories
[DETROIT] Ford Motor is in talks with China’s BYD about potentially supplying batteries for hybrid vehicles to the American automaker’s overseas factories, according to sources familiar with the negotiations.BYD,...
Asian shares near record high on AI optimism, dollar up on receding Fed cut bets
[SINGAPORE] Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat US economic data left traders trimming...
Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar on the back of growing expectations that...
Seatrium end-customer gets reprieve after judge rejects Trump’s wind farm ban
The wind farms are collectively worth US$25 billion, according to an offshore wind advocacy group[WASHINGTON] US President Donald Trump’s attempts to torpedo offshore wind farms suffered a second blow...
Stocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 16): Keppel : The asset manager on Thursday announced that it has...
Bank of Japan is said to heighten focus on price impact of weak yen
A fall in the local currency increases inflationary pressures via the higher cost of imports, while it boosts exporters’ profits[TOKYO] Bank of Japan (BOJ) officials are paying increasing attention...
IMF’s Georgieva says central bank independence critical, backs Powell
[KYIV] International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind beleaguered Federal Reserve Chair Jerome Powell, who...
JPMorgan CEO Jamie Dimon says he wants to stay in job at least five more years
[WASHINGTON] JPMorgan CEO Jamie Dimon wants to stay at his job “at least” five more years, he told an event hosted by the US Chamber of Commerce on Thursday.Dimon,...
Oil settles down 4% as Trump comments ease Iranian supply concerns
[HOUSTON] Oil prices settled down around 4 per cent on Thursday ending a five-day streak of gains after US President Donald Trump said the crackdown on protesters in Iran was...
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before[BENGALURU/NEW YORK] Goldman Sachs’ profit rose in the fourth quarter, fuelled by dealmaking, stronger trading...