News

MoneyHero probes board chairman as internal frictions rise
Kenneth Chan is also a senior vice-president at Pacific Century Group, MoneyHero’s largest shareholder[SINGAPORE] MoneyHero Group is investigating a complaint made by an employee about its board chair Kenneth Chan, Tech in Asia understands.The...
Stocks to watch: Keppel Reit, Olam Group, F&N, Centurion, Cordlife
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 14): Keppel Real Estate Investment Trust (Reit) : The trust on Tuesday...
Fed’s Barkin says central bank independence means better economic outcomes 
RICHMOND Federal Reserve President Tom Barkin on Tuesday declined to comment on “stuff that’s been in the news,” a reference to the Trump administration’s threat of indictment against Fed...
European stocks slips as investors assess mixed corporate updates, US data
EUROPEAN stocks slipped on Tuesday, led by declines in construction stocks, while investors also assessed a series of mixed corporate updates and a US inflation report.The Stoxx 600 closed 0.1...
US stocks: Wall Street falls with financials amid credit card rate plan
[NEW YORK] US stocks ended lower on Tuesday, led by a drop in financial shares as comments from JPMorgan executives added to worries about US President Donald Trump’s recent proposal for...
Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price[SINGAPORE] The offerors for Low Keng Huat have raised the offer price for the property developer...
JPMorgan profit falls on one-time Apple card deal charge
Profit fell to US$13 billion, or US$4.63 per share, in the three months ended December 31[NEW YORK] JPMorgan Chase’s profit fell in the fourth quarter as it took a...
Contributor: You can blame me for all those em dashes in AI-generated text
Now that I know how fond chatbots are of the em dash — the thing I just used to convey a thought that intruded on but is connected to...
ExxonMobil’s truth-telling on Venezuela shows risk of crossing Trump
There are no signs the Trump administration will oppose ExxonMobil’s role in Venezuela’s reconstruction efforts[WASHINGTON] When ExxonMobil chief executive Darren Woods told President Donald Trump on Friday (Jan 9)...
Singapore stocks ride Asian wave amid US ‘self-sabotage’; STI up 0.9%
Japan’s Nikkei 225, South Korea’s Kospi, Hong Kong’s Hang Seng and the FTSE Bursa Malaysia KLCI Index all close higherSINGAPORE shares ended higher on Tuesday (Jan 13), as investors...
AirAsia X to be renamed AirAsia from Jan 19, founder says
[KUALA LUMPUR] AirAsia X will be renamed AirAsia from Jan 19 as low-cost carrier AirAsia reaches the final stages of its restructuring to consolidate all aviation businesses under a...
Morgan Stanley lifts Asia bonuses 20% after record revenue haul
Despite a record year in Asia, the bank cautions against raising bonuses too sharply, aiming to smooth compensation[HONG KONG] Morgan Stanley increased bonuses by about 20 per cent for...