Posts by Stephanie Irvin
Business Insurance Secrets Revealed
Running a business is no small feat, and protecting it with the right insurance is just as important as managing daily operations. Business insurance can feel like a maze with all the options, terms, and fine print. But understanding the basics can save you from headaches down the road. This article breaks down the essentials,…
Read MoreOCBC, UOB poised to gain most from JS-SEZ; DBS could seek to expand Malaysia footprint: analysts
The zone will enable the banks with networks that are entrenched in the two markets to gain from stronger investment flows AMONG the trio of local banks, OCBC and UOB stand to gain the most from the Johor-Singapore Special Economic Zone (JS-SEZ) as facilitators of investment and trade, given their sizeable operations in both markets,…
Read MoreOCBC, UOB poised to gain most from JS-SEZ; DBS could seek to expand Malaysia footprint: analysts
The zone will enable the banks with networks that are entrenched in the two markets to gain from stronger investment flows AMONG the trio of local banks, OCBC and UOB are expected to stand to gain the most from the Johor-Singapore Special Economic Zone (JS-SEZ) as facilitators of investment and trade, given their sizeable operations…
Read MoreTesla sales fall 45% in Europe as rivals’ EV registrations soar
TESLA’s sales plunged 45 per cent last month across Europe, where rival carmakers saw a surge in electric vehicle (EV) demand. The Elon Musk-led company registered only 9,945 cars in January, down from 18,161 a year ago, according to the European Automobile Manufacturers’ Association. EV sales soared 37 per cent for the overall industry, with…
Read MoreUS securities regulator closes investigation into Robinhood’s crypto arm with no action
ROBINHOOD said the US securities regulator had closed its probe into the retail trading firm’s crypto arm with no action, as it seeks to revamp policing of digital assets since President Donald Trump took office. The US Securities and Exchange Commission (SEC) has moved to ease its crypto-related regulations under Trump’s leadership. It has established…
Read MoreYangzijiang Shipbuilding dives 12.7% to S$2.61 after US proposed fees for Chinese-built ships
SHARES of maritime vessel maker Yangzijiang Shipbuilding sank on Tuesday (Feb 25) in early trade, after the US Trade Representative (USTR) office proposed to slap fees on Chinese-built vessels entering US ports. At 11.21 am, the counter was down 12.7 per cent or S$0.38 at S$2.61, with nearly 57 million shares switching hands. The last time…
Read MoreGold steadies near all-time high on Trump tariff concerns
GOLD prices hovered near a record high on Tuesday (Feb 25), supported by safe-haven demand amid concerns over US President Donald Trump’s tariff plans which could fuel inflation and escalate a global trade war. Spot gold was little changed at US$2,949.46 an ounce as at 0105 GMT, about US$7 shy of the all-time high of…
Read MoreBank of Korea signals more rate cuts as Trump’s tariffs take shape
BANK of Korea governor Rhee Chang-yong signalled more policy easing to come this year as the central bank cut its benchmark interest rate to support an economy jolted by political turmoil and threatened by Donald Trump’s tariff plans. In a press conference on Tuesday (Feb 25) after the board unanimously decided on a quarter-percentage point…
Read MoreGreat Eastern Q4 profit falls 14% to S$134.8 million
GREAT Eastern on Tuesday (Feb 25) reported a net profit of S$134.8 million for the fourth quarter ended Dec 31, down 14 per cent from S$157.2 million in the previous corresponding period. The insurance provider noted that the fourth quarter “saw several developments in the medical insurance business from both Singapore and Malaysia”. These developments…
Read MoreGreat Eastern Q4 profit falls 14% to S$134.8 million, reflecting medical insurance provisions
GREAT Eastern on Tuesday (Feb 25) pointed to provisions made for its medical insurance business as the primary reason its net profit fell 14 per cent to S$134.8 million for the fourth quarter ended Dec 31, from S$157.2 million in the previous corresponding period. “In terms of profitability, it was only (our) medical (insurance business)…
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