News
S&P 500, Nasdaq open higher as chip stocks extend rally
[NEW YORK] The S&P 500 and the Nasdaq opened stronger on Friday (Jan 16) as chipmakers returned to the driver’s seat in a volatile week that also marked the...
Porsche sales slump most in 16 years on poor China demand
Its sales are down 26% as the nation’s economic slowdown hit consumers across all income brackets[BERLIN] Porsche’s deliveries fell 10 per cent last year, following weak demand for electric...
GameStop shutters stores across California
GameStop is shutting down more stores in California. The video game, toy and collectible retailer has been struggling to find a way to thrive in a market where most...
Bank of Japan says sales of its ETF holdings to start next week
[TOKYO] The Bank of Japan said it will start selling its holdings of exchange-traded funds on Monday (Jan 19), a project that may take more than a century if...
Singapore stocks rise amid mixed Asian performance; STI up 0.3%
Across the broader market, advancers beat decliners 307 to 261 after 1.4 billion shares worth S$1.5 billion change hands[SINGAPORE] The Straits Times Index (STI) rose 0.3 per cent or...
Forward guidance: Why it matters and how to get it right
With clear communication on anticipated earnings and business strategies, listed companies can signal confidence and build credibilityINVESTORS do not just focus on a company’s past performance; they also buy...
K-pop, Chinese games to drive Asia tech sector growth: Macquarie
[SINGAPORE] 2026 is poised to be a boom year for the Asian Internet sector, as companies pivot from consolidation to aggressive monetisation and ecosystem integration.The resurgence follows two challenging...
TSMC eyes smaller tech gap between US and Taiwan chipmaking fabs
The company is accelerating the buildout of its capacity in Arizona due to strong demand[TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC) will try to accelerate the transfer of its advanced...
Beijing warns carmakers as price war escalates
CHINESE regulators summoned executives from major new-energy vehicle (NEV) makers this week, demanding an end to excessive competition just as a fresh round of price cuts was set to...
Japan’s Katayama says all options open on yen, including joint action with US
[TOKYO] Japanese Finance Minister Satsuki Katayama said on Friday Tokyo would not rule out any options to counter excessive foreign exchange volatility, including coordinated intervention with the US, as...
