Leadership
FashionValet founders charged after sovereign wealth fund loss
MALAYSIAN prosecutors charged the founders of a local online fashion retailer over the alleged misuse of funds invested in their company by two government-linked firms.Local influencers Vivy Yusof and...
Temu told to suspend Vietnam operations, state media reports
CHINESE online retailer Temu has been told to suspend its operations in Vietnam after it failed to meet an end-November deadline for business registration in the South-east Asian country,...
STI jumps more than 1%, nearing a record high
SINGAPORE stocks jumped more than 1 per cent on Thursday (Dec 5) morning, nearing a record high.As at 11:52 am, the Straits Times Index (STI) rose 40.49 points or...
Bank of Japan rate hike bets for this month tumble, pressuring yen lower
MARKET expectations of a Bank of Japan (BOJ) interest rate hike this month sank after a local media report cast doubt on an increase, weighing on the yen.Overnight indexed...
Stocks to watch: CapitaLand Investment, Hong Fok, OKH
THE following companies saw new developments that may affect trading of their securities on Thursday (Dec 5): CapitaLand Investment (CLI): The real asset manager said on Thursday its self-storage...
Disney boosts dividend 33% after achieving streaming profit
WALT Disney raised its annual dividend by 33 per cent to US$1 a share, another sign that a turnaround plan put in place two years ago is paying off.The...
Robinhood is coming to Asia in 2025
ROBINHOOD Markets will expand into Asia next year, with its local headquarters to be in Singapore, chief executive officer Vlad Tenev said.“We plan to be serving customers across Asia...
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest rate...
