Leadership
White House weighs executive action to cap credit card rates
THE White House is weighing an executive action to enact President Donald Trump’s call for a cap on credit card interest rates, in addition to other measures seeking to ease US...
Stamford Land unit is being sued over alleged defects in Sydney project
The claims involve alleged deficiencies in the design and construction of Macquarie Park Village[SINGAPORE] Stamford Land on Friday (Jan 16) announced that its wholly owned subsidiary HSH Hotels (Australia)...
S&P 500, Nasdaq open higher as chip stocks extend rally
[NEW YORK] The S&P 500 and the Nasdaq opened stronger on Friday (Jan 16) as chipmakers returned to the driver’s seat in a volatile week that also marked the...
Foreigners sell Asian equities in December on worries over valuations
They have sold local stocks worth US$1.2 billion in India, Taiwan, South Korea, Thailand, Indonesia, Vietnam and the Philippines[BENGALURU] Foreign investors net sold Asian equities in December, on lingering...
Singapore stocks rise amid mixed Asian performance; STI up 0.3%
Across the broader market, advancers beat decliners 307 to 261 after 1.4 billion shares worth S$1.5 billion change hands[SINGAPORE] The Straits Times Index (STI) rose 0.3 per cent or...
China clamps down on high-speed traders, removing servers
The move shows that officials are focused on levelling the playing field for investors and ensuring market stability[SHANGHAI] China is pulling the plug on a key advantage held by...
Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar on the back of growing expectations that...
Wall Street opens higher as chip stocks shine
[NEW YORK] Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally in chipmakers, while investors parsed earnings from...
