News

Australian, New Zealand dollars seesaw on greenback, keep climbing on yen
[ad_1] [SYDNEY] The Australian and New Zealand dollars steadied on Wednesday after their US peer enjoyed a broad bounce overnight, while both currencies extended gains on the yen as expectations...
Global EV sales growth likely to slow after 20% jump in rocky 2025: research firm
[ad_1] GLOBAL EV registrations grew 20 per cent last year but are likely to lose pace in 2026, data showed on Wednesday, as a slowdown in China and a relaxation...
Cordlife secures one-year renewal for its cord-blood banking service licence
[ad_1] Its scope is limited to storing, transferring or retrieving existing cord-blood units for clinical use[SINGAPORE] Cordlife Group has secured a one-year renewal of its cord-blood banking service licence from...
Trump says Dimon ‘wrong’ to criticise DOJ Probe of Fed’s Powell
[ad_1] US PRESIDENT Donald Trump dismissed Jamie Dimon’s criticism over the Justice Department probe into the Federal Reserve, saying the JPMorgan Chase & Co. chief executive officer was “wrong” to...
Amazon pushes suppliers for cuts ahead of Supreme Court tariff ruling: FT
[ad_1] AMAZON is seeking to cut what it pays suppliers for goods it sells on its e-commerce platform, as the tech giant moves to reverse concessions intended to limit the shock...
Netflix prepares all-cash offer for Warner Bros: source
[ad_1] [LOS ANGELES] Netflix is preparing to make an all-cash offer for Warner Bros Discovery’s studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday (Jan...
US greenlights Nvidia H200 chip exports to China
[ad_1] [WASHINGTON] The Trump administration on Tuesday gave the greenlight to exports to China of Nvidia’s second most powerful AI chips, putting in place a rule that will likely kickstart...
Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
[ad_1] Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price[SINGAPORE] The offerors for Low Keng Huat have raised the offer price for the property developer...
S&P 500, Dow open near record highs after mixed earnings, inflation data  
[ad_1] [NEW YORK] The S&P 500 and the Dow opened near record highs on Tuesday (Jan 13) after a largely in-line inflation report sustained expectations of rate cuts this year,...
F&N unit prices S$125 million in fixed-rate notes due 2033 at 2.6%
[ad_1] The notes are payable semi-annually in arrears and will be issued in denominations of S$250,000 each[SINGAPORE] Beverage maker Fraser and Neave (F&N) has priced S$125 million in fixed-rate notes...
Keppel Reit preferential offering closes with 76.9% valid acceptances; total applications at 97%
[ad_1] Gross proceeds of S$886.3 million will go into funding the purchase of another one-third interest of Marina Bay Financial Centre’s Tower 3[SINGAPORE] Keppel Real Estate Investment Trust (Reit) has...
Global central bankers defend Fed’s Powell after Trump threat
[ad_1] Central bankers fear that political influence over the Fed would erode trust in the bank’s commitment to its inflation target[FRANKFURT] The chiefs of many of the world’s major central...