News

Gold falls as commodity index adjustments weigh ahead of US jobs data
[BENGALURU] Gold fell on Friday (Jan 9) as commodity index readjustments and a firm US dollar kept the pressure on prices in the near term, with investors positioning ahead...
CK Hutchison is said to pick Goldman Sachs, UBS for Hong Kong-London IPO of Watson Group
[HONG KONG] CK Hutchison Holdings has picked Goldman Sachs and UBS Group to work on the planned initial public offering (IPO) of global health and beauty retailer AS Watson...
New VR documentary puts you in the devastation of the L.A. fires — and might help you heal
A snapshot of fire-ravaged Altadena is laid out before me, hovering like a diorama. My eyes zero in on a red door, its frame one of the few surviving...
London player Colt targets data centre migration to expand Singapore market share
It views global connectivity as its competitive advantage, and identifies opportunities in SGX data centre migration[SINGAPORE] Data centre migrations are an opportunity for global challengers to consolidate and solidify...
Oil settles up 3% on Venezuela news, supply worries in Russia, Iraq and Iran
[NEW YORK] Oil prices climbed over 3 per cent on Thursday after two straight days of declines, settling at a two-week high as investors assessed developments in Venezuela and worried...
European stocks’ early-2026 rally hits speed bump as retail reality check drags
EUROPEAN stocks fell on Thursday, dragged down by a selloff in tech and disappointing updates from several heavyweight retailers, while weaker gold and copper prices weighed on broader market mood.The...
Strengthening governance beyond compliance
Over the past decade, female board representation has risen from 8.3% in 2014 to 18.3% in 2025, across all listed firmsOVER the past decade, Singapore’s corporate governance landscape has...
Wall St opens lower; defence firms up as Trump calls for budget boost
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Jan 8), as investors turned cautious ahead of Friday’s crucial nonfarm payrolls report, while defence companies advanced after President...
Morgan Stanley boosts managing director ranks after dealmaking revival
Wall Street expects another strong year as equity markets hit record highs and interest rates decline [NEW YORK] Morgan Stanley elevated 184 employees to the managing director rank this...
DBS lays groundwork for significant risk transfers: sources
South-east Asia’s largest bank held preliminary talks with funds investing in SRTs[SINGAPORE] DBS Group Holdings is weighing a foray into the market for significant risk transfers (SRTs) as lenders...
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed[HONG KONG] Hang Seng Bank shareholders on Thursday (Jan 8) approved...
Singapore stocks track regional decline; STI down 0.2%
Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands[SINGAPORE] Singapore stocks ended lower on Thursday (Jan 8), amid a...