Fashion
US stocks: Wall Street ends little changed before long weekend
[NEW YORK] US stocks ended nearly flat on Friday in a choppy session ahead of the long weekend, and all three major indexes posted losses for the week as fourth-quarter earnings...
Stamford Land unit is being sued over alleged defects in Sydney project
The claims involve alleged deficiencies in the design and construction of Macquarie Park Village[SINGAPORE] Stamford Land on Friday (Jan 16) announced that its wholly owned subsidiary HSH Hotels (Australia)...
S&P 500, Nasdaq open higher as chip stocks extend rally
[NEW YORK] The S&P 500 and the Nasdaq opened stronger on Friday (Jan 16) as chipmakers returned to the driver’s seat in a volatile week that also marked the...
China clamps down on high-speed traders, removing servers
The move shows that officials are focused on levelling the playing field for investors and ensuring market stability[SHANGHAI] China is pulling the plug on a key advantage held by...
New SID platform for listcos’ board chairs to support Singapore equities market uplift
[SINGAPORE] Board chairs of companies listed on the Singapore Exchange (SGX) will now be able to tap a professional community and access expert insights and networking opportunities. Launched on...
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...
CapitaLand India Trust wins second hyperscaler agreement for data-centre development
The facility has a gross power capacity of 55 MW and is set to be completed by Q4 2026[SINGAPORE] The trustee-manager of CapitaLand India Trust (Clint) on Thursday (Jan...
China’s central bank cuts structural interest rates to boost targeted lending
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances[BEIJING] China’s central bank will lower interest rates on its structural monetary policy tools by...
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as part of CEO Charlie Scharf’s effort to streamline...
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...
Alibaba and JPMorgan are said to invest in chip designer Montage’s HK listing
[HONG KONG] Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according...
Scarce landed housing land will entice developers hungry to serve aspiring landed home buyers.
Group’s undervalued share price is unwarranted given its rare landed housing landbank[SINGAPORE] Many affluent Singaporeans aspire to live in private landed homes, the purchase of which is generally restricted...