Posts by Stephanie Irvin
Inc., LLC, DBA? Your Simple Guide to Business Lingo
Starting a business is like learning a new language. You’ve got all these terms thrown at you—Inc., LLC, DBA—and it can feel like you’re drowning in alphabet soup. But don’t worry, this guide is here to break it all down. We’ll go over different business structures, what they mean, and why they’re important. Whether you’re…
Read MoreMitsubishi quits China metal trading after copper fraud
Japanese conglomerate Mitsubishi Corp plans to shutter its Chinese metal trading business after suspected fraud by one of its copper traders led to a more than US$90 million loss. The company will stop buying and selling refined metals and mineral resources in the Chinese spot market and will no longer provide related services for local…
Read MoreCapitaLand Investment adds three female leaders among key executive appointments
PROPERTY investment manager CapitaLand Investment (CLI) announced several key executive appointments on Tuesday (Jan 14) as part of its ongoing leadership renewal, bringing in three female leaders into senior roles. With effect from Jan 22, Yvonne Siew will be appointed managing director and head of product development and wealth markets of private capital markets of the…
Read MoreGold gains on uncertainty over Trump policies; US data awaited
GOLD prices gained on Tuesday (Jan 14), amid uncertainty around the incoming Trump administration’s policies and fresh positioning ahead of crucial US data for further cues on the Federal Reserve’s monetary policy. Spot gold rose 0.3 per cent to US$2,671.13 per ounce as at 0101 GMT. US gold futures gained 0.4 per cent to US$2,688.40. …
Read MoreSingapore shares trading lower on Tuesday; STI down 0.1%
SINGAPORE shares were trading in negative territory on Tuesday (Jan 14), after overseas markets closed mixed. As at the midday break, the Straits Times Index (STI) was down 0.1 per cent or 5.24 points at 3,786.46. Across the broader market, gainers outnumbered losers 243 to 163 after 481.1 million securities worth S$396.8 million changed hands. …
Read MoreSingapore shares in the red on Tuesday; STI falls 0.1%
SINGAPORE shares were in the red on Tuesday (Jan 14), amid a mixed regional showing. The benchmark Straits Times Index (STI) declined 0.1 per cent or 2.93 points to 3,788.77. The STI was led by maritime vessel maker Yangzijiang Shipbuilding, which rose 4.1 per cent or S$0.12 to S$3.07. It was one of the most…
Read MoreUS SEC fines Blackstone, KKR, Apollo, others in texting crackdown
AFFILIATES of Blackstone, KKR, Apollo Global Management and Charles Schwab are among a dozen investment advisers and brokerages that will collectively pay more than US$63 million for failing to track employees’ use of unauthorised communications platforms. The settlements, announced by the US Securities and Exchange Commission (SEC) on Monday (Jan 13), extend the agency’s crackdown…
Read MoreApple, Samsung smartphone shipments fall in fourth quarter as China competition bites: IDC
SMARTPHONE shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to preliminary data from the International Data Corporation (IDC) on Monday (Jan 13). The global smartphone market rebounded strongly after two years of decline, with Chinese smartphone companies rapidly expanding their…
Read MoreUS: Dow rises, Nasdaq falls ahead of earnings, inflation data
WALL Street stocks finished mostly higher on Monday (Jan 13), shrugging off a weak opening and another uptick in Treasury bond yields amid shifting monetary policy expectations. US indices began the day in the same posture as Friday’s session, when equities sold off after a strong jobs report was seen as dimming the odds for…
Read MoreChina’s battery giant CATL hires banks for first-half Hong Kong float: sources
CHINESE battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one of the city’s largest offerings in 2025, two people with knowledge of the deal said. China International Capital Corp (CICC) and China Securities Co (CSC) have also been appointed to…
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