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's 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 ...
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 ...
Most Singaporeans think firms should prioritise keeping costs low over cutting emissions: study
Therese Soh - Only around 40 per cent think that large businesses place adequate emphasis on climate action, the report says
Amazon pushes suppliers for cuts ahead of Supreme Court tariff ruling, FT reports
Jan 13 : Amazon is seeking to cut what it pays suppliers for goods it sells on its e-commerce platform, as the tech giant moves to reverse concessions intended to limit the shock of U.S. President Donald Trump's tariffs, the Financial Times reported on Tuesday.The company has sought discounts f ...
Minerva secures $44 million for Japan late-stage startup fund, source says
(Corrects size of first close and targeted fund size in headline and paragraphs 1 and 2 to 7 billion yen not 70 billion yen and 20 billion yen not 200 billion yen)By Miho UranakaTOKYO, Jan 14 : Tokyo-based Minerva Growth Partners has secured around 7 billion yen ($44 million) at the first close for ...
Britain seeks 'reset' in copyright battle between AI and creators
LONDON, Jan 13 : British technology minister Liz Kendall said on Tuesday the government was seeking a "reset" on plans to overhaul copyright rules to accommodate artificial intelligence, pledging to protect creators while unlocking AI's economic potential.Creative industries worldwide ...
AstraZeneca to acquire Modella AI to speed oncology drug research
SAN FRANCISCO, Jan 13 : AstraZeneca has agreed to buy Boston-based Modella AI, the companies said on Tuesday, as the drug industry increases its use of artificial intelligence to accelerate the discovery of new drugs.The companies did not disclose financial terms. In a press release, Modella AI said ...
French regulator says some crypto firms unresponsive as EU licence deadline approaches
PARIS, Jan 13 : Nearly a third of crypto companies without an EU licence in France are still to tell the regulator whether they intend to get the licence required under new EU rules or will cease operating by July, the country's markets regulator warned on Tuesday. Under the European Union ...
Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
Tan Nai Lun - Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price
Meta mulls doubling output of Ray-Ban glasses by year end, Bloomberg News reports
Jan 13 : Meta and EssilorLuxottica are considering doubling the production capacity of their artificial intelligence-powered smart glasses to 20 million units annually by the end of this year, Bloomberg News reported on Tuesday.The potential increase, driven by strong demand, could also see capacity ...
Yen tumbles on Japan spending fears, dollar broadly higher
NEW YORK, Jan 13 : The Japanese yen tumbled to its weakest level against the U.S. dollar since July 2024 on Tuesday on concerns about looser fiscal and monetary policy in the country.The dollar was broadly higher following a brief dip on data showing that consumer prices were largely as economists e ...
Dollar pares gains after CPI, yen tumbles on Japan spending fears
NEW YORK, Jan 13 : The dollar pared earlier gains on Tuesday after December consumer inflation largely matched economists’ expectations, while the yen hit its lowest against the U.S. currency since July 2024 on concerns about more fiscal spending in Japan.The Consumer Price Index rose 0.3 per cent ...
Defense tech firm Onebrief valued at over $2 billion in latest funding round
Jan 13 : Military-focused platform Onebrief said on Tuesday it has raised $200 million in a funding round that has doubled the company's post-money valuation to $2.15 billion over six months.The latest round, which included both primary and secondary capital, was led by Battery Ventures and Sap ...
World Bank sees resilient global growth in 2026 despite tariffs, but fading dynamism
WASHINGTON: The global economy is proving more resilient than expected, with 2026 GDP growth expected to improve slightly over forecasts from last June, the World Bank said on Tuesday (Jan 13) while warning that growth is too concentrated in advanced countries and overall too weak to reduce extreme ...
S&P 500, Dow open near record highs after mixed earnings, inflation data
[NEW YORK] The S&P 500 and the Dow opened near record highs on Tuesday (Jan 13) after a largely in-line inflation report...
Musk's X recovers after outage hits thousands globally
Jan 13 : An X outage eased on Tuesday after thousands of users worldwide reported issues with accessing the social media platform, according to Downdetector.com.The outage began around 9 a.m. ET, peaking at more than 28,300 logged issues with Elon Musk's platform in the U.S. before cooling to a ...
X down for thousands of users globally, Downdetector shows
Jan 13 : Social media platform X was down for thousands of users globally on Tuesday, according to Downdetector.com.There were more than 22,900 reports of issues with the platform in the U.S. as of 9:19 a.m. ET, according to Downdetector, which tracks outages by collating status reports from a numbe ...