Business
Asia: Markets mixed as traders eye US inflation data, earnings
ASIAN markets diverged on Tuesday (Jan 14) as bargain buying after recent losses played against ongoing worries about the outlook for the…
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Business
Business
Philips CEO sees subdued China sales this year
PHILIPS CEO Roy Jakobs said he still expects subdued demand in China this year due to healthcare anti-corruption efforts by the Chinese…
Business
Palisades fire update as ATF investigating what cause could be
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) is investigating the cause of the Palisades fire, the first of several…
Business
Singapore shares open lower on Tuesday; STI down 0.1%
SINGAPORE shares began Tuesday (Jan 14) trading in negative territory as overseas markets closed mixed. As at 9.01 am, the Straits Times…
Business
Singapore shares trading lower on Tuesday; STI down 0.1%
SINGAPORE shares were trading in negative territory on Tuesday (Jan 14), after overseas markets closed mixed. As at the midday break, the…
Business
Singapore shares in the red on Tuesday; STI falls 0.1%
SINGAPORE shares were in the red on Tuesday (Jan 14), amid a mixed regional showing. The benchmark Straits Times Index (STI) declined 0.1…
Business
Global electric vehicle sales up 25% in record 2024
GLOBAL sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth…
Business
Global electric vehicle sales up 25% to over 17 million in record 2024
GLOBAL sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth…
Business
Robinhood to pay US$45 million to settle SEC charges over record keeping, other violations
ONLINE trading firm Robinhood Markets has agreed to pay US$45 million to settle US Securities and Exchange Commission (SEC) charges over…
Business
US SEC fines Blackstone, KKR, Apollo, others in texting crackdown
AFFILIATES of Blackstone, KKR, Apollo Global Management and Charles Schwab are among a dozen investment advisers and brokerages that will…
Business
Stocks to watch: SingPost, First Reit, Fu Yu, Disa
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jan 14): Singapore Post (SingPost):…
Business
Robinhood to Pay $45 Million Fine to Settle SEC Charges
Robinhood was hit with $45 million in fresh fines from the Securities and Exchange Commission on Monday, the latest reprimand that the…
Business
Are you eligible for the new IRS stimulus checks? Here's how to find out
The Internal Revenue Service (IRS) is sending out another round of stimulus checks to roughly 1 million Americans who never benefited from…
Business
Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites: IDC
SMARTPHONE shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese…
Business
Biggest US banks ready mortgage relief for victims of Los Angeles wildfires
JPMORGAN Chase and Bank of America (BOA) are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as…
Business
Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel
A possible new takeover bid for U.S. Steel emerged on Monday, teeing up more turmoil over the once-dominant company’s future after…
Business
Europe: Stocks dip to one-week low amid speculation over Fed rate cuts
EUROPEAN shares fell to a one-week low on Monday (Jan 13) amid a broader market sell-off as global equities came under pressure following…
Business
US: Dow rises, Nasdaq falls ahead of earnings, inflation data
WALL Street stocks finished mostly higher on Monday (Jan 13), shrugging off a weak opening and another uptick in Treasury bond yields amid…
Business
China's EV sales soar 40 percent amid gasoline plunge
China's electric vehicle (EV) market experienced a record-breaking year in 2024, with sales surging over 40 percent, industry data…
Business
Sonos CEO to step down after disastrous app overhaul
Sonos Chief Executive Patrick Spence is stepping down and leaving the company’s board in a shake-up that comes as the wireless speaker…
Business
US: Wall St opens lower as investors dial back bets on Fed rate cuts this year
Wall Street’s main indexes opened lower on Monday (Jan 13), as yields surged after robust payroll numbers last week bolstered expectations…
Business
DBS to redeem US$1 billion of 3.3% perpetuals on Feb 27
DBS on Friday (Jan 10) announced that it will redeem all US$1 billion of its 3.3 per cent perpetual capital securities on Feb 27, the…
Business
Siloam International Hospitals expresses intent to acquire First Reit’s Indonesia hospital portfolio
THE manager of First Real Estate Investment Trust (Reit) said on Monday (Jan 13) that it received a preliminary non-binding letter of…
Business
China’s battery giant CATL hires banks for first-half Hong Kong float: sources
CHINESE battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one…