News
China’s aluminium output hits record, steel below one billion tonnes
CHINESE aluminium output rose to an all-time high last year, climbing above the country’s capacity limit, while steel fell to a seven-year low, underscoring dramatically different prospects for the...
Rupiah may sink past record low as fiscal woes erode BI support
The central bank is expected to keep its policy rate unchanged when it meets on Wednesday to anchor the currency[JAKARTA] Indonesia’s rupiah looks poised to weaken past a record...
Gold, silver jump to record highs on Trump tariff threats over Greenland
Spot silver advanced 4.4% to US$93.85 per ounce, after hitting a record high of US$94.08[BENGALURU] Gold and silver prices surged to record highs on Monday (Jan 19), as investors...
Stocks to watch: Yangzijiang Maritime, SIA, Stamford Land, Stamford Tyres, Keppel Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jan 19): Yangzijiang Maritime : The maritime financial solution provider on Monday announced...
Shiseido faces tough turnaround after costly cosmetics stumbles
The company has embraced a turnaround plan that involves drastic cost-cutting and a refocus on its luxury brands[TOKYO] Shiseido, once a formidable challenger to L’Oreal and Estee Lauder Companies,...
Indonesia finds wreckage of missing surveillance plane carrying 10, one body
[JAKARTA] Indonesian authorities said on Sunday they had located the wreckage of a fisheries surveillance plane that went missing in South Sulawesi province on the slope of a fog-covered mountain...
From accountant to IR chief: RWS CEO on why she wants to create ‘a new first impression’
Genting veteran Lee Shi Ruh is leading the massive transformation of the Sentosa integrated resort[SINGAPORE] There is certainly quite a different look and feel at Resorts World Sentosa (RWS)...
‘No reasons to own’: Software stocks sink on fear of new AI tool
Sell-off has exacerbated an already yawning gap between the performance of software companies and other areas of the tech sectorTHE new year was supposed to bring opportunities for beaten-down...
Micron to buy Taiwan chip fabrication site for US$1.8 billion
The investment is part of Micron’s global expansion as it seeks to meet continued demand for memory chips[NEW YORK] Micron Technology has signed a letter of intent to buy...
JPMorgan confirms Trump assertion that bank CEO Dimon was not offered Fed chair job
Trump plans to sue JPMorgan sometime in the next two weeks for allegedly ‘debanking’ him [WASHINGTON] JPMorgan CEO Jamie Dimon on Saturday (Jan 17) confirmed he was not asked...
