Singapore shares mixed; Straits Times Index declines

Singapore shares mixed; Straits Times Index declines

[SINGAPORE] Singapore shares closed lower on Wednesday (Jan 28), with the Straits Times Index (STI) failing to sustain its momentum a day earlier amid a mixed showing regionally. The 30-constituent blue-chip barometer declined 0.3 per cent or 13.68 points to 4,909.34, with just nine counters closing higher. The trio of local banks ended the day…

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Retired NYPD officer collapses, dies shoveling snow for churchgoers during devastating Northeast winter storm

Retired NYPD officer collapses, dies shoveling snow for churchgoers during devastating Northeast winter storm

A New York community is mourning the death of a retired NYPD officer who died after reportedly suffering a heart attack while shoveling snow during last weekend’s major winter storm.  Roger McGovern, a 60-year-old retired NYPD sergeant, collapsed while shoveling at Our Lady of Victory Church in Floral Park, Long Island on Sunday, according to ABC 7. “They…

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SK Hynix profit surges on relentless appetite for AI memory

SK Hynix profit surges on relentless appetite for AI memory

Operating profit doubles to 19.2 trillion won (S$17 billion) in the December quarter Published Wed, Jan 28, 2026 · 05:51 PM [SEOUL] SK Hynix reported its strongest quarterly results to date, underscoring the depth of an artificial intelligence (AI) wave that has triggered an unprecedented surge in memory demand.  Its operating profit more than doubled…

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China’s four-year energy spree has eclipsed entire US power grid

China’s four-year energy spree has eclipsed entire US power grid

Published Wed, Jan 28, 2026 · 01:02 PM CHINA is undertaking an energy-building boom unlike anything the world has ever seen, as Beijing seeks to ensure supply for power-hungry facilities that are key to dominating emerging industries of the future. The nation added 543 gigawatts of new capacity across all technologies last year, according to…

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S-Reits set for first DPU recovery in four years: Julius Baer

S-Reits set for first DPU recovery in four years: Julius Baer

Singapore’s retail and office sectors are well placed to benefit this year, the analyst says [SINGAPORE] For the first time in four years, Singapore real estate investment trusts (S-Reits) should see distributions per unit (DPU) grow in 2026, said Julius Baer on Tuesday (Jan 27). Analyst Jen-Ai Chua predicted: “Expectations of low interest rates, coupled…

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S&P, Nasdaq opens higher as earnings roll in

S&P, Nasdaq opens higher as earnings roll in

Published Tue, Jan 27, 2026 · 10:48 PM [NEW YORK] The S&P 500 and the Nasdaq opened higher on Tuesday (Jan 27) as investors parsed a fresh round of mega-cap earnings, while health insurers declined as the Trump administration’s Medicare Advantage payment proposal disappointed investors. At 09.30 am ET, the Dow Jones Industrial Average fell…

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