News
Pop Mart shares surge as traders cheer first share buyback since 2024
POP MART International Group shares soared the most in five months after the Chinese toymaker’s first share buyback since 2024 boosted investor confidence. The Hong Kong-listed stock jumped as much...
Trust Bank launches retail trading platform for US stocks and ETFs, offering in-app fractional investing
Since admitting investors from its waitlist in November 2025, around 10,000 customers have opened trading accounts[SINGAPORE] Digital lender Trust Bank on Tuesday (Jan 20) became the latest entrant into...
Indonesia’s rupiah hits record low on central bank independence worries
[SINGAPORE] Indonesia’s rupiah hit a record low against the dollar on Tuesday as investors fretted about the country’s central bank independence after President Prabowo Subianto nominated his nephew to...
China leaves benchmark lending rates unchanged for eighth straight month
[SHANGHAI] China left benchmark loan prime rates unchanged on Tuesday for the eighth consecutive month in January, matching market expectations. Leaving the rates steady suggests policymakers are in no hurry to...
Citi downgrades European equities to neutral after Trump’s tariff threats
[SINGAPORE] Citi downgraded continental Europe on Tuesday to “neutral” for the first time in over a year, saying the latest step-up in transatlantic tensions and tariff uncertainty dented the...
Jumbo Group to acquire leasehold interest in Tai Seng Street property from Boustead Industrial Fund
[SINGAPORE] Jumbo Group is proposing to acquire a leasehold interest in a 26 Tai Seng Street property owned by Boustead Industrial Fund (BIF), a private real estate trust set...
Macquarie names under-the-radar stock picks it says can deliver total returns of 24%
Favourable factors include stock market reforms, lower rates and a strengthening Singapore dollar[SINGAPORE] While the Straits Times Index (STI) is expected to remain range-bound this year, weighed down by...
CEO revenue confidence hits five-year low: PwC survey
There was a sharp divide between those already seeing benefits from AI adoption and those who did not[DAVOS, Switzerland] Only three in 10 chief executives are confident in their...
Oil steadies as Iran supply fears ease and Greenland moves into spotlight
[CALGARY] Oil prices steadied on Monday as civil unrest in Iran subsided, reducing the likelihood of a US attack that could disrupt supplies from the major producer, while market-watchers turned...
Explaining California’s billionaire tax: The proposals, the backlash and the exodus
The battle over a new tax on California’s billionaires is set to heat up in the coming months as citizens spar over whether the state should squeeze its ultra-rich...
