Fashion

Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
[BENGALURU] Gold and other precious metals rose on Thursday (Jan 8) after US private payroll data showed job openings fell to a 14-month low in November, reinforcing bets for...
Supermarkets, health-and-beauty retailers set to perform in 2026, DBS says, naming top picks
[SINGAPORE] Supermarkets and health-and-beauty retailers are set to perform well in 2026 as Singapore consumption shifts away from discretionary items, while lower commodity costs will boost food producers, said...
OUE Reit in ‘exclusive talks’ for partial stake in Salesforce Tower in Sydney
There is no certainty that any transaction will materialise at this juncture, says manager[SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) is in “exclusive talks” with Mitsubishi Estate Asia...
Arm launches ‘Physical AI’ unit, joining rush to robotics by tech and automakers
Interest in humanoid robots has boomed as companies see human-form machines as the next frontier in AI and automation [BENGALURU] Chip technology company Arm Holdings has reorganised the company...
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics facility
71,000 sq m facility set for completion in 2028; CLI also takes minority stake in smart logistics firm Ally Logistic Property[SINGAPORE] CapitaLand Investment Limited (CLI) on Thursday (Jan 8)...
China asks tech firms to halt orders for Nvidia’s H200 chips: report
[BENGALURU] Beijing has asked some Chinese tech companies to halt orders for Nvidia’s H200 chips this week, and is expected to mandate domestic artificial intelligence (AI) chip purchases, the...
Chevron in talks with US government for expanded Venezuela license: sources
Washington also wants other US companies to be involved in oil exports from the country[HOUSTON] Oil producer Chevron is in talks with the US government to expand a key license to...
JPMorgan reaches deal to take over Apple credit card: report
[BENGALURU] JPMorgan Chase has reached a deal to take over Apple’s credit-card programme from Goldman Sachs, The Wall Street Journal reported on Wednesday (Jan 7), citing sources familiar with...
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800 million to US$1.2 billion.Oil prices declined 9.2 per cent...
Wall St opens muted after AI-driven rally; labour data in focus
[NEW YORK] Wall Street’s main indexes opened muted on Wednesday (Jan 7), as investors took a breather after an AI-driven rally in the previous session, while awaiting a labour...
US seizes Russian-flagged tanker, another tied to Venezuela as Trump widens oil push
It appears to be the first time in recent memory that the US military has seized a Russian-flagged vessel[WASHINGTON] The US seized two Venezuela-linked oil tankers in the Atlantic...
AI ‘fatigue’ leaves investors focused on S&P’s other 493 stocks
A growing number of investors are now wagering that run, led by the Magnificent Seven, is about to end[NEW YORK] Bets on artificial intelligence companies have dominated US equity...