Panama gives temporary oversight of canal ports to Maersk and Mediterranean Shipping Company
Panama Ports Company, a subsidiary of Hong Kong-based CK Hutchison, had operated the Balboa and Cristobal terminals near the Panama Canal for over 20 years.
China’s DeepSeek trained AI model on Nvidia’s best chip despite US ban, official says
US export controls currently bar Blackwell shipments to China
Exclusive-Elliott woos shareholders backing Toyota Industries buyout, sources say
TOKYO, Feb 24 : Elliott Management has offered to pay around market price to buy Toyota Industries shares from holders who have agreed to a tender offer that the U.S. activist said undervalues the forklift truck maker, two people familiar with the matter said.Elliott has approached shareholders incl ...
JPMorgan forecasts jump in first-quarter deal fees, trading revenue
It is pushing ahead with plans to modernise its branches and invest in AI technology
Privatisation of Malaysia’s Apex Healthcare a strategic fit for Quadria Capital
Benjamin Cher - It is the largest such transaction in the sector in Malaysia’s history
UOB's fourth-quarter net profit dips 7%, beats forecasts
SINGAPORE: Singapore's United Overseas Bank, or UOB, reported on Tuesday (Feb 24) a 7 per cent fall in net profit in the fourth quarter from a year earlier as margin headwinds outweighed loan growth.UOB, Southeast Asia's third-largest bank by assets, said net profit for October-December dr ...
Stocks to watch: UOB, OCBC, Keppel, Great Eastern, CAReit, iFast, ValueMax, MoneyMax
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Feb 24):
Japan trade minister requested US tariff treatment stay as agreed, government says
TOKYO, Feb 24 : Japan's trade minister Ryosei Akazawa spoke with U.S. Secretary of Commerce Howard Lutnick on Monday, the Japanese government said on Tuesday.Akazawa requested that Japan's treatment under new tariff measures be not less favourable than under last year's agreement, the ...
Japan seeks to minimise impact of new US tariffs, officials say
TOKYO, Feb 24 : Japan could be subject to higher tariffs if the U.S. moves forward with a new regime of import duties, but Tokyo has requested that its treatment be as favourable as an agreement reached by the two sides last year, Japanese officials said on Tuesday.Multiple Japanese government offic ...
Japan requests new US tariff treatment be as favourable as 2025 agreement, government says
TOKYO, Feb 24 : Japanese trade minister Ryosei Akazawa has requested that Japan's treatment under a new U.S. tariff regime be as favourable as an agreement reached between the two sides last year, the government said on Tuesday.Akazawa spoke with U.S. Secretary of Commerce Howard Lutnick on Mon ...
Bank of Korea to keep interest rates steady at 2.50% through 2026: Reuters poll
BENGALURU, Feb 24 : South Korea’s central bank will keep its key interest rate unchanged at 2.50 per cent on Thursday and through 2026, a Reuters poll forecasts, as policymakers grapple with a volatile currency and an overheating housing market.The Korean won has remained under pressure, keeping a ...
Nam Cheong secures US$64.5 million shipbuilding contract, its first in over a decade
Deon Loke - The company will build four offshore support vessels for a UAE energy firm
Fed unveils plan on eliminating reputation risk in bank exam
Regulators have said that monitoring traditional factors is the best way to prevent harm to banks’ reputations
Nam Cheong secures US$64.5 mil newbuild OSV contracts
Lin Daoyi - Mainboard-listed Nam Cheong has secured US$64.5 million worth of contracts to construct four offshore support vessels (OSVs) — two 60-metre dive support vessels (DSVs) and two 60-metre remote operated landing crafts (ROLCs). All four OSVs will be fully constructed in-house at Nam Cheong’s shipya ...
Great Eastern posts 79% jump in Q4 profit to S$241.4 million, boosts HNW focus
Ranamita Chakraborty - The board proposes final dividend of S$0.30 per share for the financial year ended December
Great Eastern Q4 profit up 79% at S$241.4 million
Therese Soh - The board declares a final dividend of S$0.30 per share for the financial year ended December
US led yen rate checks, eyed joint intervention with Japan, Nikkei reports
TOKYO, Feb 24 : U.S. authorities took the initiative in conducting the January "rate checks" to prop up the yen and were ready to conduct joint intervention on Japan's request, the Nikkei newspaper reported on Tuesday, citing unnamed U.S. government sources.The rate checks by the New ...
US took initiative in January yen 'rate checks,' Nikkei reports
TOKYO, Feb 24 : U.S. authorities took the initiative in conducting the January "rate checks" to prop up the yen and were ready to conduct joint intervention on Japan's request, the Nikkei newspaper reported on Tuesday, citing unnamed U.S. government sources.The rate checks by the New ...
US led January yen rate checks, eyed joint intervention with Japan, Nikkei reports
TOKYO, Feb 24 : U.S. authorities took the initiative in conducting the January "rate checks" to prop up the yen and were ready to conduct joint intervention on Japan's request, the Nikkei newspaper reported on Tuesday, citing unidentified U.S. government sources.The rate checks by the ...
Crypto.com says it won conditional approval for US bank charter
Becoming trust banks does not allow the firms to act as traditional Main Street institutions
Trump warns countries that ‘play games’ with US trade deals will face higher tariffs
He says he also may impose licence fees on trading partners
Trump-backed crypto stablecoin dips following 'attack,' quickly recovers
BOSTON, Feb 23 : The Trump family-backed crypto stablecoin, USD1, briefly dipped below its $1 benchmark price on Monday, to around $0.994, but quickly recovered.A spokesman for World Liberty Financial, for which USD1 is a signature product, said in a statement to Reuters its engineering and security ...
UOB Q4 profit down 7% at S$1.41 billion; to give junior staff one-off supplementary payout
Renald Yeo - Earnings miss S$1.44 billion consensus estimate; H2 dividend of S$0.71 a share down from S$0.92 before
UOB Q4 profit down 7% to S$1.41 billion on margin pressures; to give junior staff one-off supplementary payout
Renald Yeo - This was below the S$1.44 billion consensus estimate in a Bloomberg survey
UOB Q4 profit down 7% to S$1.41 billion on margin pressures; declares final dividend of S$0.71 per share
Renald Yeo - This was below the S$1.44 billion consensus estimate in a Bloomberg survey
UOB upbeat on Asean trade despite fresh US tariffs; trims 2026 fee guidance after Q4 profit slips
Renald Yeo - Fourth-quarter earnings decline 7% to S$1.41 billion; H2 dividend of S$0.71 a share declared
UOB reports FY2025 earnings of $4.7 bil; final dividend of 71 cents per share
Felicia Tan - United Overseas Bank (UOB) has reported net profit of $4.7 billion for the FY2025 ended Dec 31, 2025, 23% lower from the previous year’s record of $6 billion. The bottom line, which stood within consensus’ estimates of $4.67 billion, fell largely due to the pre-emptive general allowances the ban ...
‘Best jobs’ in Singapore? Piano teachers strike the right note
Therese Soh - ‘Financial adviser’ tops list; two types of roles offer resilience; those with broad, transferable skills and those with steady, constrained demand
Benchmarks necessary as private market assets seek retail participation: MSCI private assets chief
Benjamin Cher - Financial advisers must be equipped to ensure products added to clients’ portfolios are suitable for diversification and liquidity
Malampaya’s new gas find may steady Philippines’ power supply, but cheaper bills remain elusive
Electricity tariffs in the country consistently rank among the region’s steepest
The top 10 best – and ‘most resilient’ – jobs in Singapore this year: Indeed index
Therese Soh - Roles with broad, transferable skills and specialised roles with steady demand are ‘best positioned to sustain demand, stability and mobility’
Oil fluctuates with US-Iran nuclear talks to resume this week
A potential war would put shipments at risk in the Strait of Hormuz
Paramount submits higher offer for Warner Bros Discovery in bid to block Netflix: source
Its competitor Netflix is allowed to match its latest bid
Wall Street regulator allows intraday trading of tokenized WisdomTree money market fund
WASHINGTON, Feb 23 : The U.S. Securities and Exchange Commission on Monday said it had granted a special request from the asset manager WisdomTree to allow intraday trading in tokenized shares of a money market fund, adding that this could speed settlement times and ease access for retail investors. ...
