Study casts doubt on potential for life on Jupiter's moon Europa
WASHINGTON, Jan 6 : Jupiter's moon Europa is on the short list of places in our solar system seen as promising in the search for life beyond Earth, with a large subsurface ocean thought to be hidden under an outer shell of ice. But new research is raising questions about whether Europa in fa ...
Dollar gains against peers with investors eyeing upcoming data
NEW YORK/LONDON, Jan 6 : The U.S. dollar gained against major peers on Tuesday, with the euro trading down following softer inflation data in Europe, but moves were fairly muted with investors focused on how upcoming data will shed light on U.S. monetary policy outlook.The impact of the shock U.S ...
Dollar edges higher against peer currencies amid rate cut bets
NEW YORK/LONDON, Jan 6 : The U.S. dollar edged higher against major peers on Tuesday, with the euro weighed down by softer inflation data, but moves were fairly muted with commodity and stock markets drawing most of the day's attention.The impact of the shock U.S. capture of Venezuelan Presiden ...
Macquarie sees ‘limited upside’ to STI; banks should be ‘drag’ rather than ‘driver’ to year-end target of 4,500 points
Felicia Tan - Macquarie Equity Research analysts Jayden Vantarakis, Foo Zhiwei, Rachel Tan and Amanda Foo see 2026 as a “good year” for stock pickers, although they are expecting the benchmark Straits Times Index (STI) to be muted. The analysts, who have a year-end STI target of 4,500 points, believe the bank ...
Marvell to buy networking equipment firm XConn in $540 million deal amid AI infrastructure push
Jan 6 : Marvell Technology said on Tuesday it will buy networking equipment provider XConn Technologies in a deal worth about $540 million, as the chipmaker doubles down on data center hardware amid a race to expand artificial intelligence infrastructure. XConn's acquisition will help the cu ...
AIG CEO Zaffino to step down and transition to executive chair
Insurance industry veteran Eric Andersen will be its new president and CEO-elect, effective Feb 16
Razer dives into AI for consumers, professionals and gamers
The company will invest more than US$600 million into AI over ‘the next couple of years’
Wall St opens muted after financials-driven rally
[NEW YORK] Wall Street’s main indexes opened subdued on Tuesday (Jan 6), as investors took a breather after the main indexes posted...
Saudi Arabia to open financial market to all foreign investors next month
DUBAI, Jan 6 : Saudi Arabia plans to open its financial markets to all foreign investors from February 1, the Gulf country's market regulator said on Tuesday, as it eases rules to attract more money from abroad.The amendments approved by the Capital Markets Authority eliminate the concept ...
BYD outsells Tesla in Europe’s two biggest EV markets
The Chinese automaker expands overseas as growth slows at home amid a crackdown on discounting
American Airlines to roll out free Wi-Fi for loyalty program members
Jan 6 : American Airlines said on Tuesday it would launch free in-flight Wi-Fi in partnership with telecom firm AT&T for customers enrolled in the carrier's loyalty program.Airlines are increasingly competing on free onboard internet access as they vie for loyalty-driven customers. ...
UK tells Musk to urgently address intimate 'deepfakes' on X
LONDON, Jan 6 : Britain on Tuesday urged Elon Musk's social media site X to urgently address a proliferation of intimate 'deepfake' images on its network, joining a European outcry over a surge in non-consensual imagery on the platform.The comments follow reporting, including ...
UK tells Musk to act fast on Grok's sexualised AI images, Sky News reports
LONDON, Jan 6 : Britain has urged Elon Musk's social media site X to urgently address misuse of its artificial intelligence tool Grok, Sky News reported on Tuesday, following reports it was generating fake sexualised images.Technology minister Liz Kendall said the content w ...
AWS, Aumovio expand AI-driven development of self-driving vehicles
LAS VEGAS, Jan 6 : Amazon's cloud unit has partnered with German automotive hardware supplier Aumovio to support the commercial rollout of self-driving vehicles, starting with Aurora's autonomous trucks, the companies said on Tuesday.As part of an expansion of a long-running partnership ...
Meta delays global rollout of Ray-Ban Display glasses on strong US demand, supply squeeze
Jan 6 : Meta said on Tuesday it has decided to pause international expansion of its Ray-Ban Display glasses due to short supply and strong demand in the United States.The Facebook-parent had planed to rollout its augmented reality smart glasses Meta Ray-Ban Display in the UK, France, Italy and ...
Variant Bio launches AI-powered platform for drug discovery using genetic data
Jan 6 : Variant Bio, a private biotech firm, said on Tuesday it has launched a platform that uses artificial intelligence on genetic data to discover new drug candidates to send into human trials.Drug developers are increasing adoption of AI for discovery and safety trials to get faster and cheap ...
Morgan Stanley files for Bitcoin, Solana ETFs in digital assets push
The bank deepens its crypto presence as regulatory clarity under Trump pushes finance companies to adopt digital assets
Ley Choon’s mainboard bid set to be a price catalyst
Tay Peck Gek - [SINGAPORE] In January 2025, I wrote that Ley Choon Group might be a stock to watch, as the provider of underground utilities...
China buys more US soybeans, total purchases near 10 million tons
[BEIJING] China’s state stockpiler Sinograin bought 10 US soybean cargoes this week, three traders told Reuters on Tuesday (Jan 6), as the...
EV maker VinFast's Vietnam deliveries nearly double in 2025
Jan 6 : Vietnamese electric-vehicle maker VinFast said on Tuesday it expects to have delivered about 170,000 units in the country last year.The preliminary figure represents a near doubling in deliveries in Vietnam compared to 2024, highlighting strong growth in VinFast's core market even ...
Keppel Pacific Oak US REIT obtains US$37 mil loan facility
Nicole Lim - The manager of Keppel Pacific Oak US REIT (KORE) has announced that the REIT has obtained a loan facility worth US$37 million ($47.35 million). The REIT obtained a US$115 million loan facility last December. The loan facility contains terms and conditions which under specific cases, will require KOR ...
London’s FTSE 100 climbs to record high on energy, defence gains
The blue-chip index is up 0.5% at 10,057.56 points
Exclusive-Bank of Thailand deputy governor expects GDP rebound in Q4, limited policy space
Jan 6 : Bank of Thailand (BOT) Deputy Governor Piti Disyatat on Tuesday said the nation's economic growth was expected to turn positive in the fourth quarter of 2025, though he added that policymakers need to be judicious about making further rate cuts."We expect the fourth quarter (gro ...
China’s central bank pledges to cut RRR, interest rate in 2026
The central bank will make flexible and efficient use of multiple monetary policy
Nanofilm’s subsidiary obtains two-year term loan of RMB50 mil for working capital
Nicole Lim - A wholly-owned subsidiary from Nanofilm Technologies has obtained a two-year term loan of RMB50 million ($9.15 million) from China Construction Bank. The loan will be used for the working capital of Nanofilm’s subsidiary, named Nanofilm Vacuum Coating (Shanghai) Co. The loan is secured by a corpor ...
Attacks on Fed independence undermine US dollar: ECB’s Villeroy
He says fears of the US weaponising dollar-based payments are driving some to build alternatives
US dollar slide sharpens case for Singapore stocks, says OCBC equities research head
Renald Yeo - Reits stand out as they offer good dividend yields with a cushion of at least 5 to 6%
US dollar slide sharpens case for Singapore equities, says OCBC research head
Renald Yeo - Reits stand out as they offer good dividend yields with a cushion of at least 5 to 6%
GKE Corporation signs 20-year lease in Dubai, UAE with JAZFA Enterprises
Nicole Lim - GKE Corporation has further expanded its presence in Dubai, United Arab Emirates (UAE) through entering a head of terms document for a 20-year lease of premises. The group’s wholly-owned subsidiary incorporated in Dubai entered the document on Dec 30, 2025 with JAFZA Enterprises, a subsidiary of D ...
Singapore stocks gain more ground amid mixed regional showing; STI up 1.3%
Young Zhan Heng - Across the broader market, losers edge out 284 to 282, after 1.7 billion securities worth S$1.8 billion change hands
Prudential announces US$1.2 billion share buyback
The repurchase represents about 3% of its issued share capital, based on the Jan 5 closing price
How regulators globally are softening capital rules for banks
(Corrects paragraph 6 to show that the European Commission, not the ECB, delayed Basel III implementation. Corrects paragraphs 9-10 to clarify ECB and Bank of England capital requirements.)By Tommy Reggiori Wilkes, Phoebe Seers and Pete SchroederLONDON/WASHINGTON, Jan 6 : Seventeen years on from ...
Explainer-How regulators globally are softening capital rules for banks
LONDON/WASHINGTON, Jan 6 : Seventeen years on from the global financial crisis, regulators are cutting red tape for their banks in a bid to keep lenders competitive and stimulate their economies.The Trump administration is leading the charge, including with measures that will reduce the amount of ...
Wee Hur plants flag in international schools sector with Wycombe Abbey project in Hougang
Ry-Anne Lim - Group kicks off new projects with international school JV, Hotel Miramar acquisition and Upper Thomson condo while doubling down on Australian PBSA...
