Fashion

Gold beats STI, Hong Kong-listed tech to be top-traded ETF on SGX in 2024
The precious metal continues to shine as investors look to diversify equity and bond portfolios amid geopolitical tensions and market volatility, says analyst RECORD-HIGH gold prices in 2024 have...
GSK to buy US cancer biotech IDRx for up to US$1.15 billion
GSK agreed to buy US biotech IDRx for as much as US$1.15 billion to gain new cancer medicines. The UK drugmaker will pay US$1 billion upfront for IDRx, whose lead...
Bezos says space industry has room for ‘multiple winners’
AMAZON-FOUNDER and billionaire Jeff Bezos said the space industry has room for “multiple winners”, including his own firm Blue Origin and the company it most hopes to challenge, Elon...
Top Asian oil buyers in turmoil after sweeping US sanctions on Russia’s oil industry
REFINERS, tanker operators, traders and port executives across Asia were scrambling on Monday (Jan 13) to manage the fallout from the United States’ most aggressive sanctions on Russia’s oil...
Top Asian oil buyers in turmoil after sweeping Russian sanctions
REFINERS, tanker operators, traders and port executives across Asia were scrambling on Monday (Jan 13) to manage the fallout from the US’s most aggressive sanctions on Russia’s oil industry...
China flags more policy measures to bolster renminbi
CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong Kong to bolster the renminbi and to...
PropertyGuru CEO Hari Krishnan steps down
PROPERTYGURU’s chief executive and managing director Hari Krishnan will be stepping down as CEO of the group, after a decade in this role. In a statement on Monday (Jan 13),...
Macquarie investing arm hires Gabriel Ho for South-east Asia push
MACQUARIE Group has hired a new managing director as part of a push in South-east Asia for the firm’s investing arm.Macquarie Asset Management appointed Gabriel Ho to expand its...
Goldman strategists see tumbling China stocks rising 20% in 2025
GOLDMAN Sachs strategists are sticking to their bullish stance on Chinese stocks despite an ongoing rout, predicting that benchmarks will rise about 20 per cent by year-end.Strategists led by...
Miyoshi’s Sin to continue as CEO despite accounting irregularity
MIYOSHI’s board of directors is of the view that chief executive and executive director of the company Andrew Sin should continue in his role.This comes despite Sin being fined...
Gold flat amid Trump policy uncertainty, strong US data
GOLD prices held steady on Monday (Jan 13), caught between uncertainty around the incoming Trump administration’s policies boosting safe-haven demand and a strong US employment report that supported the...
Singapore shares open lower on Monday; STI down 0.3%
SINGAPORE equities began Monday (Jan 13) in negative territory, tracking losses in global markets last Friday.As at 9.01 am, the Straits Times Index (STI) fell 11.05 points or 0.3...