News
BNP 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 businessesPublished Fri, Jan 23, 2026 · 07:13 AM[PARIS] BNP Paribas is seeking to eliminate about 1,200...
Stretched 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...
Bank of America, Citigroup weigh new cards with 10% rate
Some bank executives have publicly said that they agree with Trump’s focus on affordabilityPublished Fri, Jan 23, 2026 · 06:51 AM[NEW YORK] Bank of America and Citigroup are exploring...
Intel gives weak forecast after supply shortages hurt sales
Despite the optimism, the company still has a long way to go to restore its former chip-industry gloryPublished Fri, Jan 23, 2026 · 06:25 AM[SAN FRANCISCO] Intel gave a...
European shares rebound as Trump withdraws tariff threats over Greenland
Published Fri, Jan 23, 2026 · 06:01 AMEUROPEAN shares logged their biggest daily jump in nearly two months on Thursday in investor relief that US President Donald Trump dropped tariff...
Anduril to invest another $1 billion in California with new Long Beach campus
Anduril Industries, one of the leading defense companies in Southern California, will expand in Long Beach with a new $1-billion complex near the city’s airport.Anduril is developing new defense...
Wall Street opens higher on tariff relief
Published Thu, Jan 22, 2026 · 10:42 PM[NEW YORK] US stocks opened higher on Thursday (Jan 22), inching towards all-time highs, after President Donald Trump dialed back his threat...
Jumbo Group takes 20% stake in Xi’an restaurant joint venture
[SINGAPORE] Chill crab purveyor Jumbo Group has entered into a joint venture (JV) with a Chinese company to operate a restaurant in Xi’an.A Jumbo unit will take a 20...
Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
The insurer currently holds a 51% interest while local partner Detik Ria owns the rest[SINGAPORE] Prudential will pay RM1.5 billion (S$483 million) in cash to increase its stake in...
Australia watchdog orders audit of Airwallex on suspected compliance miss
The former has concerns that the fintech’s transaction monitoring programme is not attuned to the full range of risks it facesPublished Thu, Jan 22, 2026 · 06:26 PM[SYDNEY] Australia’s...
