Fashion
It's Here: The Summer Accessories Trend the Gen Z Crowd Is Trading Bags For
One thing Gen Zers are known for—fashion-wise at least—is our dedication to comfort and convenience. We might get a bad rep for it, but…
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Trading
Culture
Straits Trading unit to divest South Korea logistics property for 432 billion won
The Straits Trading Company is divesting a freehold logistics facility in Incheon, South Korea, for 432 billion won (S$377.6 million) as…
Culture
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK]…
Culture
Bank of America profit climbs as trading surges in volatile markets
Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased…
Culture
Thai central bank to expand authority to scrutinise online gold trading
Thailand will expand the authority of its central bank in order to better supervise online gold trading, the bank’s governor Vitai…
Culture
Sumitomo’s energy arm may set up LNG trading desk in Singapore
The energy trading arm of Sumitomo Corp is considering setting up an LNG desk in Singapore, the latest move by the Japanese company to…
Culture
Yen weaker in thin trading as traders stay alert to intervention risk
The Japanese yen softened against the greenback on Friday (Dec 26) as investors remained on watch for potential intervention to shore up…
Culture
Straits Trading launches senior-living programme in Singapore, Malaysia
It aims to build an integrated independent value-chain in the senior living business Mainboard-listed The Straits Trading Company on…
Culture
JPMorgan is exploring crypto trading for institutional clients
It is the latest sign of banks warming up to digital assets, and considering it less as a fringe investment JPMorgan Chase is considering…
Culture
Singapore stocks end lower amid mixed regional trading; STI down 0.5%
Singapore stocks ended lower on Monday (Dec 8), amid mixed trading in the region. The benchmark Straits Times Index (STI) lost 0.5 per…
Culture
CME trading halted due to cooling issue at data centres
Exchange operator CME Group said on Friday trading in derivative markets was halted due to a cooling issue at data centres. “Support is…
Culture
System outage halts Bursa Malaysia’s derivatives trading
Trading on Bursa Malaysia’s derivatives market was halted on Friday due to a system outage of the Globex electronic trading platform, the…
Culture
MOH orders Cordlife to stop collecting cord blood; company calls for trading halt
Embattled cord-blood bank Cordlife received a notice from the Ministry of Health (MOH) to stop collecting, testing, processing and/or…
Culture
Singapore stocks rise amid mixed regional trading; STI up 0.6%
Across the broader market, gainers outnumber losers 336 to 238 after 2.1 billion securities worth S$3.2 billion change hands Singapore…
Culture
Ubisoft finalises Tencent accord as it resumes trading
After a week away from the markets’ glare when the postponement of its results triggered speculation in the gaming world, French video…
Culture
HSBC overhauls trading business in bid to become debt powerhouse
The firm will merge Group-of-10 rates trading unit with FX, EM rates and commodities desks into a new global macro division HSBC Holdings…
Culture
MAS imposes S$137,000 penalty on Alpha Energy’s ex-managing director for insider trading
He has also given a voluntary undertaking not to be a director or be involved in the management of a company for two years The Monetary…
Culture
Lukoil’s oil trading business sheds staff in Singapore, Geneva and Dubai as sanctions near
The oil trading business of Russia’s Lukoil PJSC began shedding staff all over the world – with just days to go until sanctions on the…
Culture
US shutdown compounds worst year for currency trading since 2005
Traders less willing to stake big bets with a dearth of crucial economic and market positioning statistics The longest US government…
Culture
Japan’s trading houses brace for more pain from China steel glut
The industrial metal is trading significantly above the US$9,900 per tonne that Marubeni is forecasting as its average for the next six…
Culture
Hong Kong exchange profit jumps 56% on trading, IPO boom
The benchmark index has surged 29% driving stock and derivatives trading to records Hong Kong’s stock exchange reported another record…
Culture
DOJ probes trading in herbal medicine firm that surged 46,000%
The US Department of Justice (DOJ) is probing market volatility at a Hong-Kong based traditional Chinese medicine company after a stock…
Culture
Singapore shares fall amid mixed regional trading; STI down 0.2%
Singapore stocks ended lower on Friday (Oct 31), as the regional market closed mixed. The benchmark Straits Times Index (STI) lost 0.2 per…
Culture
Crypto exchange Coinbase beats Street estimates as trading volumes surge
Cryptocurrency exchanges often benefit from volatility in the sector as they earn more through transactions with investors seeking to…