Leadership
Former PSA chairman and veteran banker Fock Siew Wah dies, aged 84
FORMER PSA International chairman Fock Siew Wah, who steered the port operator for over 13 years and grew its global footprint, died on Jan 6. He was 84. The...
US: Wall St opens higher after report of selective Trump tariffs; chip stocks gain
WALL Street’s main indexes opened higher on Monday (Jan 6) as optimism around AI boosted technology stocks, and a report suggested the incoming Trump administration could adopt a less...
Straits Trading Company expects to raise up to S$10 million through digital commercial paper
THE Straits Trading Company on Monday (Jan 6) launched the second series of its three-month commercial paper in digital securities on Singapore’s Digital Assets Exchange (SDAX).It will be offered...
Thai central bank says interest rate hold was robust policy amid uncertainty
THAILAND’S central bank said on Monday (Jan 6) that a decision to hold the key interest rate steady last month was a robust policy as the economy is facing...
Former HDB chief Cheong Koon Hean joins Surbana Jurong’s board
PROFESSOR Cheong Koon Hean has been appointed as a board member of Surbana Jurong Group (SJ) with immediate effect, announced the urban, infrastructure and managed-services consulting firm on Monday...
Gold extends drop after Fed officials express inflation concern
The bullion is unlikely to hit US$3,000 an ounce by the end of the year, pushing the forecast to mid-2026Gold fell for a second day as comments from Federal...
Singapore shares open higher on Monday; STI up 0.5%
SINGAPORE shares began Monday (Jan 6) trading in positive territory as overseas markets closed a holiday-shortened week mixed with anticipation for the incoming Donald Trump administration.As at 9.01 am,...
China oil refineries face reckoning as Beijing tackles overcapacity
CHINA’S independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on becomes a lot scarcer.Over a fifth of...