News

Singapore stocks track global rally; STI up 1.3% after hitting new high
[SINGAPORE] Singapore stocks ended higher on Friday (Jan 23), tracking a global rally in markets.The benchmark Straits Times Index (STI) hit a new record of 4,895.15 in the day...
DBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts [SINGAPORE] DBS Group Research analysts Geraldine Wong and Derek Tan on...
Hong Kong-listed J&T Global Express aims to raise HK$4.7 billion for tech, overseas expansion
The proceeds will be used to develop the group’s overseas business and technology advancementPublished Fri, Jan 23, 2026 · 01:08 PM[BENGALURU] Indonesian courier services firm J&T Global Express said...
Indonesia’s Merdeka Gold is said to hire banks for Hong Kong listing
Deliberations are ongoing, and the size and timing of the deal are still under discussionPublished Fri, Jan 23, 2026 · 12:45 PM[HONG KONG] Indonesian miner Merdeka Gold Resources has...
Bank of Japan keeps rates steady, raises growth and inflation forecasts
The central bank vowed to raise rates if economic and price developments move in line with its projectionsPublished Fri, Jan 23, 2026 · 11:32 AM — Updated Fri, Jan...
UOB soars 3.6%, hitting record alongside OCBC; STI up 1% to new peak
[SINGAPORE] Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-new peak. UOB shares rose 3.6 per cent...
UOB, OCBC hit records, drive STI to all-time high
[SINGAPORE] Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged as much as 4.8...
Gold, silver and platinum extend record-setting rally
Published Fri, Jan 23, 2026 · 10:03 AM[BENGALURU] Gold notched another record high on Friday (Jan 23), while silver and platinum also extended gains to hit all-time peaks, powered...
Malaysia’s strong ringgit squeezes export reliant glove makers
Published Fri, Jan 23, 2026 · 08:42 AM[KUALA LUMPUR] Malaysia’s world-leading producers of latex gloves are facing tightened profit margins as the nation’s strong currency bites into US dollar-denominated...
Danantara shifts into deployment era with US$12 billion war chest
A global bond sale is also being targeted as the Indonesian sovereign wealth fund scales up deploymentPublished Fri, Jan 23, 2026 · 07:51 AM[HONG KONG/SINGAPORE] Indonesian sovereign wealth fund...
From US tech to emerging markets, investors urged to diversify in volatile year
Panellists highlight investment opportunities for 2026 amid geopolitical uncertaintiesSteve Brice, Global Chief Investment Officer of Standard CharteredAlbert Tse, CEO of Amundi South AsiaModerated by: Genevieve Cua, Wealth Editor, The...
Amazon plans thousands more corporate job cuts next week, sources say
Published Fri, Jan 23, 2026 · 06:56 AM[SAN FRANCISCO] Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000...