ASML tops $500 billion market cap as TSMC plans to spend more
AMSTERDAM, Jan 15 : Shares of ASML, the world's biggest maker of equipment used to manufacture computer chips, hit new all-time high on Thursday after top customer TSMC announced larger than expected capital spending plans to keep up with booming demand for artificial intelligence chips.TSMC hi ...
ASML tops $500 billion market cap as TSMC results ignite semis rally
Jan 15 - Shares in ASML surged to a new all-time high on Thursday, pushing its market capitalisation past the $500 billion milestone and cementing its lead as Europe’s most valuable company.The surge in the Dutch chipmaking equipment manufacturer was fuelled by TSMC's blockbuster results, whi ...
Yen slips ahead of Japan election, intervention fears linger
Jan 15 : The yen edged lower on Thursday as traders fretted over the impact of possible increased fiscal spending, while keeping a close watch for any signs of Bank of Japan intervention to shore up the currency near the 160 level.Japan's Prime Minister Sanae Takaichi plans to dissolve parliame ...
Dollar rises as US jobless claims unexpectedly fall
NEW YORK, Jan 15 : The dollar rose on Thursday after data showed that the number of Americans filing new applications for unemployment benefits unexpectedly fell last week, further boosting expectations that the Federal Reserve will keep rates on hold for the next several months. Initial claims for ...
Dollar hits six-week high as US jobless claims unexpectedly fall
NEW YORK, Jan 15 : The dollar reached a six-week high on Thursday after data showed that the number of Americans filing new applications for unemployment benefits unexpectedly fell last week, further boosting expectations that the Federal Reserve will keep rates on hold for the next several months.I ...
Sunway to acquire rival IJM Corp in RM11 bil cash-and-shares deal
Justin Lim & Vincent Lee / The Edge Malaysia - Malaysia-listed conglomerate Sunway Bhd plans to acquire rival IJM Corporation Bhd in a cash-and-shares deal valued at over RM11 billion ($3.49 billion). Under the terms of the proposed deal, every 1,000 shares of IJM Corp entitle its holder to RM315 in cash and 501 Sunway shares worth RM2,835. If s ...
UK regulator says its X deepfake probe will continue
LONDON, Jan 15 : British media regulator Ofcom said on Thursday its formal investigation into Elon Musk's X over its Grok AI chatbot's sexually intimate deepfake images would continue, even as it welcomed the company's recent policy change.Musk's artificial intelligence company x ...
Volvo identifies battery fire risk in EX30 Ultra EVs; owners told to limit charging to 70%
[SINGAPORE] Some 143 owners of the Volvo EX30 Ultra electric car in Singapore are being advised not to charge their vehicles beyond 70...
Wikipedia owner signs on Microsoft, Meta in AI content training deals
Jan 15 : Wikipedia on Thursday unveiled partnerships with several Big Tech companies including Microsoft, Meta and Amazon, marking a major step up in the non-profit's ability to monetize tech firms' reliance on its content. Wikimedia Foundation, the operator of the online encyclopedia, sai ...
Kuala Lumpur office glut could worsen, property report warns
Choy Nyen Yiau & Eng Wen Tzer / The Edge Malaysia - The office market in Malaysia’s capital city could face further pressure with the incoming supply of nearly 6 million sq ft of new space, a property report warned. The under-construction space comprises eight buildings, the majority of which are located in the city centre, according to Rahim & ...
China’s central bank cuts structural interest rates to boost targeted lending
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances
Pritam Singh removed as Leader of the Opposition with immediate effect
Tessa Oh - The Workers’ Party can nominate another elected Member of Parliament to serve as the next LO
Luxury gets greener at 1 Hotel Mayfair
Samantha Chiew - On Berkeley Street, facing London’s Green Park, 1 Hotel Mayfair positions itself as a nature-led luxury property where environmental performance is embedded into its architectural decisions and interior design. As the brand’s first European property and UK flagship, it extends 1 Hotels’ wider ...
South Korea to keep monitoring US chip tariffs to minimise impact, industry minister says
SEOUL, Jan 15 : South Korean Industry Minister Kim Jung-kwan said on Thursday that the government will keep monitoring developments on U.S. tariffs on certain AI semiconductor chips to minimise the impact on local industries, according to a ministry statement. The ministry met with officials from So ...
Nikkei falls from record as tech shares retreat; Topix rises
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday (Jan 15), as the yen’s rebound weighed on exporters...
Bessent's comments show importance of FX stability in US-South Korea cooperation, Seoul says
SEOUL, Jan 15 : U.S. Treasury Secretary Scott Bessent's recent comments on the Korean won underscore the importance of foreign exchange stability for bilateral economic cooperation between Seoul and Washington, a senior South Korean official said on Thursday.Deputy Finance Minister Choi Ji-youn ...
Microsoft in record deal for soil carbon credits as data centres surge
It will buy a record 2.85 million soil carbon credits linked to regenerative agriculture
Aletheia Capital reiterates ‘buy’ on iFAST following the latest partnership with Financial Alliance
Teo Zheng Long - Aletheia Capital analyst Nirgunan Tiruchelvam is keeping his “buy” recommendation on iFAST following the recent announcement of a strategic partnership with Finance Alliance. According to Tiruchelvam’s report on Jan 15, he predicts that this partnership should accelerate iFAST’s FY2026-2028 ...
9 in 10 polytechnic graduates found work within 6 months of completing school or NS in 2025
The median gross monthly salary rose from S$2,900 to S$3,000 for polytechnic graduates in full-time jobs.
Amazon launches new Europe-based cloud service to address user concerns
FRANKFURT, Jan 15 : Amazon's AWS launched a new cloud service located entirely in Europe on Thursday, addressing user concerns about the data security delivered by mainly U.S.-based providers by offering the continent's own independent alternative.The AWS European Sovereign Cloud's da ...
Amazon launches Europe-based cloud service to address data-sovereignty concerns
FRANKFURT, Jan 15 : Amazon's cloud unit AWS on Thursday launched a service hosted entirely in Europe, aiming to reassure customers worried about data security under U.S.-based providers by offering what it calls an independent European alternative.AWS said the European Sovereign Cloud's da ...
Proportion of poly graduates who secured employment dips to 90%: survey
Jermaine Fok - Median monthly salary among those in full-time permanent roles increases year on year to S$3,000
Poly graduate employment rate dips to 90%, median salary climbs: survey
Jermaine Fok - Median monthly salary among graduates in full-time permanent roles increases year on year to S$3,000
Poly grad employment rate dips to 90%, median salary climbs: survey
Jermaine Fok - Median monthly salary among graduates in full-time permanent roles increases year on year to S$3,000
Core CBD office rents rise 1.2% in 2025, set to rise 2%-4% in 2026: Colliers
Jovi Ho - Core CBD Premium and Grade A rents in Singapore rose 0.8% q-o-q to $11.82 psf in 4Q2025, bringing full-year 2025 rent growth to 1.2% y-o-y. This is above the historical average of $11.43 between 2021 and 2025. Meanwhile, vacancy tightened to 4% from 5.6% in 3Q2025, with net absorption around 320,000 ...
Swiss competition authority opens probe into Microsoft licensing fees
Jan 15 : Switzerland's competition commission said on Thursday it launched a preliminary investigation into Microsoft's licensing fees in the country.The antitrust authority said it has received complaints from private businesses as well as many government agencies and public companies ove ...
Australian shares end at two-month high as miners ride metals rally
[SYDNEY] Australian shares closed at an over two-month high on Thursday (Jan 15), driven by broad-based gains, with miners at the helm...
Retailers warn of being outpaced by foreign rivals as they lay out Budget 2026 proposals
Low Youjin - These aim to strengthen local retailers’ competitiveness, ease manpower pressures and support sustainability in a tougher operating environment
New home sales in December shrink amid holiday lull, as full-year tally for 2025 hits new high since 2021
Jessie Lim - For the whole of 2025, 10,821 new units (excluding executive condominiums) have been sold
Analysts initiate ‘buy’ on Coliwoo as strong pipeline expected to bring strong returns
Samantha Chiew - CGS International and RHB Singapore are initiating coverage on co-living operator Coliwoo Holdings as they remain optimistic on the group’s pipeline of upcoming launches and growth prospects. This comes on the back of Maybank Securities and Tickrs Financial also initiating their coverage on Coliwo ...
TSMC Q4 profit jumps 35% to record, beats expectations
TAIPEI, Jan 15 : TSMC, the world's largest contract chipmaker, posted a 35 per cent jump in fourth-quarter net profit on Thursday, beating market forecasts and hitting a record as it benefited from surging demand for semiconductors used in artificial intelligence applications.Taiwan Semiconduct ...
Oil tanker rates spike as US push into Venezuela redraws flows
The global oil industry is working through the consequences of Washington’s move earlier this month
Woh Hup Engineering JV wins S$326 million LTA contract for Downtown Line extension
Therese Soh - The contract includes work for two mainline tunnels and a tunnel link to Gali Batu Depot
Japan’s Nikkei falls back from record as yen rallies, tech shares retreat
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday, as the yen’s rebound weighed on exporters and a...
