Indonesian central bank to continue intervening to defend depreciating rupiah
JAKARTA, Jan 14 : Indonesia's central bank will keep intervening in the foreign exchange markets to ensure moves in the rupiah exchange rate reflect the currency's fundamentals, it said on Wednesday, as the rupiah trades near a historic low.The rupiah has depreciated steadily this year to ...
Indonesia central bank to continue intervening to defend depreciating rupiah
JAKARTA, Jan 14 : Indonesia's central bank will continue intervening in the foreign exchange markets to ensure moves in the rupiah exchange rate reflects the currency's fundamentals, it said on Wednesday, as the currency trades near a historic low.The rupiah has been steadily depreciating ...
‘Are you dead?’ Chinese app for single living goes viral
[HONG KONG] An app called “Are you dead” targeted at people living alone has gone viral in China, with surging downloads and...
Australian, New Zealand dollars seesaw on greenback, extend gains on yen
[SYDNEY] The Australian and New Zealand dollars steadied on Wednesday after their US peer enjoyed a broad bounce overnight, while both currencies...
Oil climbs on concerns over potential supply disruption in Iran amid threats
LONDON, Jan 14 : Oil prices rose on Wednesday for a fifth straight session on fears of Iranian supply disruptions due to deadly civil unrest and as the U.S. and Iran traded threats. Brent futures were up 42 cents, or 0.6 per cent, at $65.89 a barrel at 1033 GMT. U.S. West Texas Intermediate crude wa ...
Oil steady as Venezuela shipments resume, but Iran concerns loom
LONDON, Jan 14 : Oil prices held steady on Wednesday after four days of gains as Venezuela resumed exports and U.S. crude and product inventories rose, though fears of Iranian supply disruptions due to deadly civil unrest loomed over the market. Brent futures were down 11 cents, or 0.2 per cent, at ...
Oil gives back some gains as Venezuela shipments resume, but Iran concerns loom
LONDON, Jan 14 : Oil slipped on Wednesday after four days of gains as Venezuela resumed exports and U.S. crude and product inventories rose, though fears of Iranian supply disruptions due to deadly civil unrest loomed over the market. Brent futures were down 55 cents, or 0.84 per cent, at $64.92 a ...
Oil prices pause gains as Venezuela shipments resume but Iran concerns loom
TOKYO, Jan 14 : Oil prices paused their run of gains on Wednesday, slipping after four days of increases, as Venezuela resumed exports, but fears of Iranian supply disruptions following deadly civil unrest in the major Middle Eastern producer loom over the market.Brent futures were trading 9 cents d ...
Given the positive prospects led by upcoming Amazon orders, RHB reiterates ‘buy’ call on CSE Global
Teo Zheng Long - Citing positive prospects led by upcoming Amazon orders in the coming years, Alfie Yeo of RHB Bank Singapore is keeping his “buy” call on CSE Global (SGX: 544 ) with unchanged target price of $1.22. In his Jan 13 report, he points out that CSE Global’s contract wins back in Dec 2025 includes a ...
Given the positive prospects led by upcoming Amazon orders, RHB reiterate ‘buy’ call on CSE Global
Teo Zheng Long - Citing positive prospects led by upcoming Amazon orders in the coming years, Alfie Yeo of RHB Bank Singapore is keeping his “buy” call on CSE Global with unchanged target price of $1.22. In his Jan 13 report, he points out that CSE Global’s contract wins back in Dec 2025 includes a contract va ...
Savills Singapore launches 239-unit Jesselton Courtyard in Penang to S’pore-based buyers
Jovi Ho - Savills Singapore is launching the 239-unit Jesselton Courtyard at Jesselton Selatan, Penang, to Singapore-based buyers this weekend. Developed by Malaysia’s Berjaya Land Development, Jesselton Courtyard is located at the base of Penang Hill, set within the neighbourhoods of Jesselton and Pulau Ti ...
Low Keng Huat shares jump 4.8% on increased privatisation offer price
Shikhar Gupta - The counter climbs S$0.035 to S$0.77 at market open
MoneyHero probes board chairman as internal frictions rise
Kenneth Chan is also a senior vice-president at Pacific Century Group, MoneyHero’s largest shareholder
Global EV sales growth likely to slow after 20% jump in rocky 2025: research firm
GLOBAL EV registrations grew 20 per cent last year but are likely to lose pace in 2026, data showed on Wednesday, as...
Cordlife secures one-year renewal for its cord-blood banking service licence
Deon Loke - Its scope is limited to storing, transferring or retrieving existing cord-blood units for clinical use
Cordlife secures restricted licence renewal; seeks full trial for client claims
Deon Loke - Its scope is limited to storing, transferring or retrieving existing units for clinical use
Stocks to watch: Keppel Reit, Olam Group, F&N, Centurion, Cordlife
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 14):
Growing number of options traders see no Fed cuts in 2026
A steadying labour market gives central bankers less reason to keep cutting rates
Privatisation offer for Low Keng Huat raised to 78 cents per share
The Edge Singapore - An entity controlled by Low Keng Huat (Singapore)'s managing director Marco Low Peng Kiat has revised its privatisation offer to 78 cents, versus an earlier bid of 72 cents. The offer, made via a vehicle called Consistent Record, is "final". At 78 cents, it is a cent below the company ...
Trump says Dimon ‘wrong’ to criticise DOJ Probe of Fed’s Powell
US PRESIDENT Donald Trump dismissed Jamie Dimon’s criticism over the Justice Department probe into the Federal Reserve, saying the JPMorgan Chase &...
Amazon pushes suppliers for cuts ahead of Supreme Court tariff ruling: FT
AMAZON is seeking to cut what it pays suppliers for goods it sells on its e-commerce platform, as the tech giant moves to...
Easing the tax squeeze on sandwiched working mums with Budget 2026
Amid rising wages and changing caregiving needs, can the personal income tax relief cap be tweaked to better support working mothers?
Insurance solutions for the wealthy see robust demand
Genevieve Cua - High-net-worth insurance earnings are expected to rise in double digits over the next two to five years
Fed’s Barkin says central bank independence means better economic outcomes
RICHMOND Federal Reserve President Tom Barkin on Tuesday declined to comment on “stuff that’s been in the news,” a reference to the...
US gives green light to Nvidia H200 chip exports to China
WASHINGTON: The Trump administration on Tuesday (Jan 13) gave a formal green light to China-bound sales of Nvidia's second most powerful AI chips, putting in place a rule that will likely kickstart shipments of the H200 despite deep concerns among China hawks in Washington.According to the reg ...
US approves Nvidia H200 chip exports to China with some conditions
WASHINGTON: The Trump administration on Tuesday (Jan 13) gave a formal green light to China-bound sales of Nvidia's second most powerful AI chips, putting in place a rule that will likely kickstart shipments of the H200 despite deep concerns among China hawks in Washington.According to the regu ...
Netflix prepares all-cash offer for Warner Bros: source
The changes are designed to expedite a sale
Netflix weighs amending Warner Bros bid to make it all cash
Netflix shares have lost about a quarter of their value since the company’s pursuit of Warner Bros started
US greenlights Nvidia H200 chip exports to China
Sharon Lee - [WASHINGTON] The Trump administration on Tuesday gave the green light to China-bound sales of Nvidia’s second most powerful AI chips, putting in...
Trading Day: Trump's controversial agenda rattles markets
Oil prices rise by more than US$1 a barrel on potential Iran supply disruption
[NEW YORK] Oil prices surged by more than 2 per cent on Tuesday as the prospect of disruptions to Iranian crude exports overshadowed...
European stocks slips as investors assess mixed corporate updates, US data
EUROPEAN stocks slipped on Tuesday, led by declines in construction stocks, while investors also assessed a series of mixed corporate updates and a...
US stocks: Wall Street falls with financials amid credit card rate plan
[NEW YORK] US stocks ended lower on Tuesday, led by a drop in financial shares as comments from JPMorgan executives added to worries about...
US teachers union says it is leaving X over sexualized AI images of children
WASHINGTON, Jan 13 : The American Federation of Teachers says it is leaving X, citing the social media site's creation and dissemination of "sickening" images of children in various states of undress.In an interview with Reuters, AFT President Randi Weingarten said that the site had a ...
