News

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...
Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels[OSLO] Danish shipping company Maersk will return to sailing...
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12[SINGAPORE] Lum Chang Holdings (LCH) announced in a Thursday (Jan 15) profit guidance...
Keppel bags 720 MW power bank for AI data-centre campus near Melbourne
The group is in ‘active discussions with hyperscalers and neoclouds’ on the site’s future capacity[SINGAPORE] Asset manager Keppel on Thursday (Jan 15) announced that it has secured a 720...
Changi Airport ranks as 4th busiest international airport in 2025: OAG report
Dubai International Airport keeps its place as the world’s busiest international airport, with a seat volume of 62.4 million [SINGAPORE] Changi Airport was the fourth busiest international airport in...
Co-living operator The Assembly Place offers Catalist IPO at S$0.23 a share
Company will have an estimated market capitalisation of about S$88.1 million post-listing[SINGAPORE] Home-grown co-living operator The Assembly Place (TAP) has launched its initial public offering (IPO) of about 50.3...
United Hampshire US Reit acquires Wallingford Fair Shopping Centre for US$21.4 million
The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million[SINGAPORE] The manager of United Hampshire US Real Estate Investment Trust (Reit) has acquired...
Microsoft in record deal for soil carbon credits as data centres surge
It will buy a record 2.85 million soil carbon credits linked to regenerative agriculture[LONDON] Microsoft has agreed with Indigo Carbon to buy a record 2.85 million soil carbon credits...