News
Singapore will continue to work with US counterparts to comply with export controls: MTI
THE Ministry of Trade and Industry (MTI) said on Saturday (Feb 1) that Singapore’s customs and law enforcement agencies will continue to work closely with US counterparts on export...
Steel, aluminium tariffs will impact millions of tonnes of imports
AluminIum and steel were among the first tariffs to be enacted during President Donald Trump’s first term. A revival of those measures is expected Saturday (Feb 1), which would...
Unilever weighs New York as venue for ice cream unit listing
Unilever is considering New York as a potential venue for a listing of its ice cream business, people with knowledge of the matter said, a move that might trigger...
Meta posts longest rally since 2015 as Wall Street cheers AI bet
Meta Platforms shares posted their longest streak of daily gains in almost a decade, with its latest earnings report adding to investor confidence about its strategy with artificial intelligence...
JPMorgan plans US$4 billion US gold delivery amid tariff fears
JPMorgan Chase will deliver gold bullion valued at more than US$4 billion against futures contracts in New York in February, at a time when surging prices and the threat...
Nvidia CEO Huang meets Trump at White House on Friday
President Donald Trump met Friday (Jan 31) with Nvidia chief executive officer Jensen Huang at the White House as the US prepares tariffs on semiconductors, weighs the fate of...
Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico, expected on Saturday.Brent...
Europe: Stoxx 600 logs longest weekly winning streak in 10 months
European shares closed at a record high on Friday (Jan 31), led by technology stocks, as earnings from companies such as Novartis and Hexagon overshadowed concerns over economic recovery.The...
US: Wall Street ends lower as White House says Trump to implement tariffs
US stocks ended lower on Friday (Jan 31), with indices losing ground after the White House said US President Donald Trump will implement on Saturday tariffs of 25 per...
India central bank injects US$5.10 billion via FX swap to ease cash crunch
INDIA’S central bank injected US$5.10 billion through a foreign-exchange swap auction, using the tool for the first time in five years to ease a severe cash crunch plaguing the...
DBS signs mandates for Singapore listings with potential valuations of US$1 billion
DBS, South-east Asia’s biggest bank, has several listings lined up for the Singapore market, including some potential blockbusters with valuations of US$1 billion.
Clifford Lee, the global head of investment...
CCCS gives conditional OK to expanding SIA-Lufthansa JV to step up air passenger services in more markets
THE Competition and Consumer Commission of Singapore (CCCS) announced on Friday (Jan 31) that it has conditionally approved the proposed expansion of a 2016 joint venture between Singapore Airlines...