News

China’s 2025 rare earth exports hit highest since at least 2014 despite restrictions
[BEIJING] China’s rare earth exports in 2025 hit the highest level since at least 2014, even as Beijing began restricting shipments of several medium to heavy elements from April.The...
Hong Kong activist investor David Webb dies of cancer
HONG Kong activist investor and prominent commentator David Webb has died of metastatic prostate cancer, according to his social media accounts.Webb, a British-born former investment banker, began publishing columns on economic...
Senior loan bankers depart Mizuho, SMBC after Asia volumes slump
SEVERAL senior loan bankers at Mizuho Financial Group and Sumitomo Mitsui Banking Corp. have left their roles in Asia, amid a slump in lending across the region that’s already...
‘Are you dead?’ Chinese app for single living goes viral
[HONG KONG] An app called “Are you dead” targeted at people living alone has gone viral in China, with surging downloads and widespread commentary on social media, prompting the...
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...