News
TSMC smashes forecasts with record profit, flags more US factories
Its results come as Taiwan signalled that a tariff deal with the US could come soon[TAIPEI] TSMC, the world’s main producer of advanced artificial intelligence chips, on Thursday (Jan...
Trump imposes 25% tariff on imports of some advanced computing chips
US PRESIDENT Donald Trump signed a proclamation on Wednesday to address national security concerns with respect to imports of semiconductors, and imposed a 25 per cent tariff on certain...
Oil prices settle higher, then reverse gains after Trump eases worries about Iran
[NEW YORK] Oil prices settled higher on Wednesday, then gave back most of the day’s gains after US President Donald Trump eased fears of disruptions to Iranian supplies when he...
First Sponsor expects net loss for H2, full year 2025 on forex losses
Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar[SINGAPORE] First Sponsor expects to post a net loss for...
Catalist-listed MoneyMax proposes transfer to SGX mainboard
[SINGAPORE] Pawnbroker MoneyMax Financial Services is looking to transfer its listing to the mainboard of the Singapore Exchange (SGX), from its current listing on the Catalist board. A listing...
HSBC plans risk transfer linked to 2 billion euros of corporate loans
It enables the bank to boost its solvency ratios and reduce reliance on less shareholder-friendly options[LONDON] HSBC is gauging investor demand for a significant risk transfer (SRT), tied to...
HSBC considers selling Singapore insurance business: sources
[SINGAPORE] HSBC Holdings is exploring options for its insurance unit in Singapore, including a sale, people familiar with the matter said, following other business revamps globally under CEO Georges...
DBS unlocks S$1 billion in AI value in 2025
But as Singapore’s lenders seek to ride the wave, agentic artificial intelligence’s rise poses challenges for local banking talent [SINGAPORE] DBS notched up a one-third increase in economic value...
Catalist-aspirant Toku to sell 65 million shares at S$0.25 apiece for its initial public offer
The company will raise net proceeds of S$13.7 million; post-listing, it will execute its expansion plans[SINGAPORE] A listing on the Catalist board of the Singapore Exchange (SGX) will raise...
Singapore stocks edge up in line with regional rise; STI gains 0.1%
Across the broader market, advancers outnumber decliners 338 to 214, with 1.7 billion shares worth S$1.6 billion changing hands[SINGAPORE] Singapore shares ended higher on Wednesday (Jan 14) as stock...
