Oil climbs as winter storm hits production and refineries in the U.S
LONDON, Jan 27 : Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast, but the rise was curbed by a resumption in supply from Kazakhstan.Brent crude futures rose 23 cents, or 0.35 per cent, at $65.82 a barrel as at 1017 GMT. U.S ...
Oil falls as investors eye Kazakhstan supply resumption
LONDON, Jan 27 : Oil prices edged down on Tuesday as investors kept an eye on a resumption in supply from Kazakhstan, but price declines were limited as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.Brent crude futures were down 28 cents, or 0.4 per cent, ...
Oil slips even as US winter storm curbs crude output
Jan 27 : Oil prices fell on Tuesday even as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.Brent crude futures fell 28 cents, or 0.4 per cent, to $65.31 a barrel at 0145 GMT. U.S. West Texas Intermediate crude was at $60.39 a barrel, down 24 cents, or 0.4 ...
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
Jude Chan - Amid the USD uncertainty, discussions are resurfacing over the prospects of RMB internationalisation
UOL up 8% at highest price in two decades after JPMorgan target price upgrade
Therese Soh - A UOL consortium has won the tender for a mixed-use site in Hougang Central
UOL up 7% at highest price in two decades after JPMorgan target price upgrade
Therese Soh - A UOL consortium has won the tender for a mixed-use site in Hougang Central
UOL rises 6.7% to highest price in over two decades after JPMorgan target price upgrade
Therese Soh - A UOL consortium has won the tender for a mixed-use site in Hougang Central
UOL rises 6.7% after JPMorgan target price upgrade
Therese Soh - It lifts target price by 16.4% to S$12.05
Starbucks reports CEO Brian Niccol earned US$31 million in 2025
The company is scheduled to report fourth-quarter earnings on Wednesday morning
VinFast teams up with Autobrains to develop low-cost self-driving tech
The partnership will also explore a new “Robo-Car” self-driving architecture
China’s Anta Sports buys 29% Puma stake for US$1.8 billion, rules out full takeover
The deal is expected to help German sportswear group increase its sales in the lucrative Chinese market
China’s Anta Sports muscles in with US$1.8 billion move for 29.1% Puma stake
Sharon Lee - The German sportswear group has struggled in recent years
Tether says it bought 27 tonnes of gold in fourth quarter
The crypto company XAUT stablecoin is fully backed by the precious metal
CPF’s Matched Retirement Savings Scheme matching grants hit record S$456 million in 2025
Therese Soh - From Jan 1, the expanded MRSS includes eligible Singaporeans with disabilities of all ages
Stocks to watch: ST Engineering, MLT, KIT, OUE Reit, Low Keng Huat
Shikhar Gupta - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 27):
Mizuho adds HSBC, JPMorgan, Deutsche Bank hires in wave
The firm has also hired a former head of insurance for Europe, the Middle East and Africa at HSBC in Paris
Japan's services inflation steady, signals broadening wage pressure
TOKYO, Jan 27 : A leading indicator of Japan's services sector prices rose 2.6 per cent in December from a year earlier, data showed on Tuesday, backing up the central bank's view that labour shortages will continue to prod companies to pass on rising costs.The data adds to growing signs t ...
Japan's leading indicator of service inflation hits 2.6% in December
TOKYO, Jan 27 : A leading indicator of Japan's services sector prices rose 2.6 per cent in December from a year earlier, data showed on Tuesday, a sign labour shortages continue to prod companies to pass on rising costs.The increase in the services producer price index, which tracks the price c ...
Aramco raises US$4 billion in first bond sale of year
Saudi Arabia’s budget remains heavily dependent on oil revenue as the kingdom pursues an ambitious modernisation drive
Shares in South Korean automakers slide after Trump post on raising tariffs
SEOUL, Jan 27 : Hyundai Motor shares fell 4 per cent at the opening on Tuesday, after U.S. President Donald Trump said in a social media post that he will raise tariffs on South Korean goods including autos from 15 per cent to 25 per cent. Shares in sister automaker Kia Corp and affiliate Hyundai Mo ...
Nvidia invests US$2 billion more in CoreWeave, offers new chip
The world’s most valuable company has pledged tens of billions of US dollars towards AI companies
US judge weighs school districts' addiction claims against social media companies
Jan 26 : Attorneys for Meta Platforms and other social media companies asked a California federal judge on Monday to block several school districts from taking their lawsuits against the companies to trial, arguing that federal law protects them from claims they knowingly addicted young users.At a h ...
Chevron amasses largest fleet in almost a year to ship Venezuelan oil
The US has also enlisted traders Trafigura Group and Vitol Group to help sell as much as 50 million barrels of oil
Morgan Stanley wants more from MUFG ties to be top in Japan
The two banks’ partnership dates back to the height of the global financial crisis almost two decades ago
New Airbus commercial CEO signals production focus, backs bigger A220
Airbus has been struggling to boost its output
AI is changing banking jobs, forcing a rethink of skills: UOB’s innovation head
Tan Nai Lun - Lenders must ensure employees can adapt to technology in a ‘comfortable’ way, Lee Zhu Kuang says
Nike slashes 775 jobs in US to speed up automation, boost profit
The sportswear brand has undergone several rounds of layoffs in recent years
Mizuho hires Deutsche Bank veteran Richard Robinson as senior industrials banker
NEW YORK, Jan 26 : Mizuho Financial Group has hired investment banker Richard Robinson as vice chairman and managing director in the Industrials Group, according to an internal memo reviewed by Reuters.Robinson joins the Japanese lender after most recently serving as global vice chairman at Deutsche ...
Microsoft’s latest AI chip to reduce reliance on Nvidia
The Maia 200 chip is being produced by Taiwan Semiconductor Manufacturing Company
Texas governor bars state employees from using Shein, Alibaba products
The Trump administration has sought to rein in its own actions that could antagonise Beijing
Oil prices settle lower as traders assess impact of winter storm on production
US oil producers lost up to 2 million barrels per day over the weekend
Ubisoft set to cut up to 200 jobs headquarters in restructuring
[PARIS] Ubisoft Entertainment has entered discussions to cut as many as 200 jobs at its French headquarters as part of a reorganisation...
European shares settle higher with focus on earnings, monetary policy
Eyes will be on the Federal Reserve’s interest rate decision later this week
US stocks: Wall Street indexes close higher ahead of earnings, Fed meeting
Communications services was the biggest gainer
