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Asian shares near record high on AI optimism, dollar up on receding Fed cut bets
[SINGAPORE] Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat US economic data left traders trimming...
HSBC to conduct ‘strategic review’ of HSBC Life
[SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review HSBC Life, its insurance manufacturing business in Singapore.The review will only cover HSBC Life Singapore,...
Stocks to watch: Keppel, SIA, Clar, Clint, Lum Chang Holdings, United Hampshire US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jan 16): Keppel : The asset manager on Thursday announced that it has...
Fitch warns of eastern European downgrades if Greenland strife cracks Nato
Tensions over Greenland were however, unlikely to affect Denmark’s triple-A rating[LONDON] A raft of European countries could face a one-notch credit rating downgrade if tensions with the US over...
What are significant risk transfers – and why is DBS reportedly considering them?
Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals[SINGAPORE] A week ago, media reports surfaced that DBS – South-east Asia’s largest lender...
Memory shortage to hit Nvidia China approvals, US lawmaker says
Demand for the components, long treated as a commodity, has skyrocketed due to the AI data centre boom[WASHINGTON] Tight memory chip supplies will constrain the number of US export...
US getting 30% higher price for Venezuelan oil than Venezuela did weeks ago, energy chief says
[WASHINGTON] US Energy Secretary Chris Wright said on Thursday the US is getting a 30 per cent higher price for Venezuelan crude oil than Venezuela got before US special...
European shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and signs of resilience in the German economy.The...
Who Is Julio Cesar Sosa-Celis? Venezuelan Illegal Migrant Shot in Leg for Trying to Murder ICE Agent in Minneapolis Has Long Criminal History
The three men arrested in connection with the ambush of an ICE agent in Minneapolis on Wednesday have been identified as Venezuelan nationals who had entered the United States...
Verizon Outage: Real Reason Behind Massive Network Outage Revealed as Investigators Believe No Cyberattack Was Involved
Verizon's widespread network outage on Wednesday was reportedly triggered by a technical failure originating in a single East Coast state, despite affecting customers nationwide. Officials say early findings suggest...
Trump Threatens to Invoke Insurrection Act and Deploy US Troops If Minnesota Doesn’t Stop Rioters from Attacking ICE Agents
President Trump on Thursday threatened to invoke the Insurrection Act, a law that would allow him to deploy military forces in Minnesota, if state leaders don't stop protesters from...
