Fashion
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...
iFast’s proposed acquisition of Financial Alliance stake could be more exciting than it looks
The relatively modest investment could burnish the growth strategy of iFast, which is on track for a multi-year growth trajectory [SINGAPORE] When digital banking and wealth-management platform iFast Corporation...
Frasers Centrepoint Trust secures S$400 million green loan facility
This involves term loan and revolving credit facilities from DBS, OCBC and Maybank[SINGAPORE] Frasers Centrepoint Trust (FCT) has entered into a S$400 million green loan facility, the trust’s manager...
Contributor: Tech can avert catastrophic fires. What’s missing is coordination
A year ago Los Angeles woke up to a red sky. Schools closed, and families packed into cars not knowing when or if they would return. In the end...
Singapore stocks track Wall Street gains; STI up 0.2%
[SINGAPORE] Singapore shares ended higher on Wednesday (Jan 7), tracking Wall Street gains.The benchmark Straits Times Index (STI) rose 0.2 per cent or 7.65 points to 4,747.62. Meanwhile, the...
Cathay United Bank grants Marco Polo Marine unit long-tenor facility for NT$4.7 billion research vessel project
The group previously said it would finance the project through internal cashflows and not require any project-specific debt[SINGAPORE] Marco Polo Shipyard, a wholly owned subsidiary of integrated marine logistics...
mm2 Asia unit receives S$200,000 payment demand from creditor
This is the third demand for payment that mm2 Asia’s subsidiaries have received in two weeks[SINGAPORE] A unit of the embattled entertainment group mm2 Asia has received a payment...
China’s PBOC adds gold for 14th month as prices hit record
Bullion held by the People’s Bank of China rose by 30,000 troy ounces last month[BEIJING] China’s central bank extended its gold-buying streak to 14 months, underscoring sustained official demand...
