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,...
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...
Oil settles down 4% as Trump comments ease Iranian supply concerns