News
FAA warns airlines on Central, South American flights of potential military actions
THE US Federal Aviation Administration warned airlines on Friday to exercise caution when flying over Mexico, Central America and parts of South America, citing the risks of potential military...
Google asks US judge to defer order forcing it to share data with rivals while it appeals
ALPHABET’S Google asked a judge on Friday to postpone making the company share data with rivals while it challenges a ruling that the company holds an illegal monopoly in...
Federal Reserve’s Jefferson says he considers Powell to be ‘of the highest integrity’
[BOCA RATON] US Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on Friday he considered Powell to be...
Oil prices settle up as US begins holiday weekend
[HOUSTON] Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin Luther King holiday weekend in the US and lingering worries about a...
Maybank applies to place Dasin Retail Trust’s manager under judicial management
This comes after four subsidiaries received court summonses over Companies Act breaches[SINGAPORE] Maybank has applied to place the trustee-manager of Dasin Retail Trust under judicial management.In a bourse filing...
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...
