News

Bitcoin dips back below US$90,000 as global selloff deepens
BITCOIN slid to its lowest level in more than a week, tracking a sharp selloff across global financial markets as investors continued to de-risk amid ongoing geopolitical tensions.The largest...
STI down 0.6% amid Asia declines, as Wall Street suffers selloff on Trump tariff threats
[SINGAPORE] Singapore shares were trading lower on Wednesday (Jan 21), mirroring losses in markets abroad after new tariff threats by US President Donald Trump sparked massive Wall Street selloffs....
Japanese bonds may rebound after Katayama calls for market calm
JAPAN’S bonds are likely to rebound after Finance Minister Satsuki Katayama called for calm among market participants following a selloff that pushed yields to all-time highs.Katayama’s comments came after...
CDL may catch up with its soaring peers
The developer has been actively unlocking value, but is trading at a much steeper discount to RNAV than UOL Source link
Netflix slightly beats revenue estimates, shares slide amid bidding war for Warner Bros
[LOS ANGELES] Netflix beat Wall Street’s revenue and earnings estimates for its holiday quarter on Tuesday (Jan 21) but its shares tumbled more than 4 per cent in after-hours...
European shares end lower as Trump’s tariff threat persists
EUROPEAN shares touched their lowest in nearly two weeks on Tuesday, as mounting unease over US President Donald Trump’s tariff threat over Greenland hurt optimism from earlier in the month.The...
California exceeds clean car goal despite declining federal support
More than 2.5 million electric vehicles have been sold in California since 2010, exceeding one of the state’s EV goals despite setbacks in clean energy brought on by the...
Anthropic CEO says selling advanced AI chips to China is ‘crazy’
He says that China remains behind in its AI development and is held back by the embargo on chips[BERLIN] Anthropic chief executive officer Dario Amodei said that selling advanced...
Singapore chip manufacturing sector set to boom as global DRAM shortage continues
Benefits could ‘cascade across the entire value chain’, as demand outstrips supply of the computer memory hardware[SINGAPORE] Singapore’s manufacturing sector stands to benefit from the sustained global shortage of...
Singapore stocks track regional declines; STI down 0.1%
DFI Retail Group is the top performer on the blue chip index while Seatrium was the worst[SINGAPORE] Singapore stocks ended lower on Tuesday (Jan 20), extending their fall for...
PC Partner soars 27.8% on positive FY2025 profit guidance
It is now listed only in Singapore, having delisted from the Hong Kong bourse on Jan 14 [SINGAPORE] Shares of electronics company PC Partner soared on Tuesday (Jan 20)...
About half of Singapore fund managers expect STI to rise 5-10% in 2026, potentially hitting fresh records
According to the Imas survey, the positive outlook comes amid broader bullish sentiment towards Asian equities[SINGAPORE] Fund managers remain constructive on local equities, with 52 per cent of respondents...