News
SIA Group logs 8.6% growth in January passenger traffic on Chinese New Year travel rush
NATIONAL carrier Singapore Airlines (SIA) and its low-cost arm Scoot carried more passengers and cargo in January 2025 compared with the same period a year ago, according to SIA...
TikTok grabs US market share from Shein despite looming risks
TIKTOK Shop, the Bytedance-owned social media giant’s e-commerce feature, saw its sales outdo competition in the US just before President Donald Trump’s disruptive trade actions.
The popular video app, which...
ECB watchers are now forecasting even lower rates for 2026
Economists expect 0.9 per cent expansion in the euro area this year, down from 1 per cent in the previous pollEURO-ZONE forecasters are increasingly predicting that the European Central...
Evergrande, HNA units ordered to liquidate by Hong Kong’s judge
UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in the city as creditors ramp up their...
Indonesia’s INA, Japan’s DBJ launch hybrid fund for mid-sized businesses
Indonesia has emerged as a crucial market for several Japanese financial institutions in South-east Asia to expand their businesses in the countryINDONESIA Investment Authority (INA), the country’s first sovereign...
Gold gains as investors eye Trump tariff moves
GOLD prices edged higher on Monday (Feb 17) after falling more than 1 per cent in the previous session as market participants awaited more insights on US President Donald...
Singapore shares open higher on Monday; STI up 0.3%
SINGAPORE equities began Monday (Feb 17) in positive territory, following mixed performance in the US and Europe last Friday. As at 9.01 am, the Straits Times Index (STI) rose...
SingPost appoints former execs of SGX and SIA Engineering as non-executive, independent directors
This comes months after the firing of three senior management executives over their negligence in handling internal investigations related to a whistleblower’s reportSINGAPORE Post (SingPost) on Monday (Feb 17)...
Keppel DC Reit divests German data centre for 50 million euros
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the real estate investment trust’s (Reit) manager said...
Westpac posts higher quarterly profit as loan volumes grow, late repayments decline
AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said a widely awaited interest rate cut by the central...
