News
Trump says next Fed chair will believe in lower interest rates ‘by a lot’
[WASHINGTON] US President Donald Trump said on Wednesday the next chairman of the US Federal Reserve will be someone who believes in lower interest rates “by a lot.”“I’ll soon...
OCBC users hit by short-lived mobile and online log-in error; bank says issue resolved
[SINGAPORE] OCBC digital users are now able to access mobile and online banking services, following a short-lived outage on Thursday (Dec 18) morning.About 1,000 outage reports were lodged on...
Asian markets track Wall Street lower as AI fears mount
ASIAN markets sank on Thursday after another sell-off on Wall Street as worries over the tech sector’s colossal spending on artificial intelligence continued to dog investor sentiment.Hopes for an...
KGI starts Ever Glory at ‘outperform’ with S$1.20 target amid high construction demand in Singapore
Its asset-light model and careful working-capital management enable disciplined expansion, says analyst [SINGAPORE] KGI Securities has initiated coverage on Ever Glory United with an “outperform” rating and a target...
Apple makes changes to iOS software in face of stricter Japanese rules
APPLE is making changes to its iOS software in Japan to comply with a new local law aimed at fostering competition, part of broader efforts by the iPhone maker to...
Stocks to watch: Singtel, Stoneweg Europe Stapled Trust, Acrophyte Hospitality Trust, HG Metal
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Dec 18): Singtel: The board of its unit, Optus, on Thursday released a...
ANZ hit with second “strike” as shareholders dissent over pay report
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the bank’s executive pay report at its 2025 annual general meeting.Shareholders...
From yen rushes to tariff tantrums: How geopolitical drama drove Singapore’s 2025 FX frenzy
YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business[SINGAPORE] As foreign exchange rates vacillated in 2025 amid geopolitical volatility and shifting trade policies, Singaporeans...
Oil rises as Trump’s Venezuela blockade takes edge off global crude surplus concerns
[NEW YORK] Oil prices rallied by more than 1 per cent on Wednesday after US President Donald Trump ordered a blockade of all oil tankers under sanctions entering and leaving Venezuela, raising...
Hollywood stars launch Creators Coalition on AI
A group of entertainment industry workers launched a new coalition that aims to advocate for the rights of creators amid the growing AI industry.The group, called Creators Coalition on...
