Business
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Venezuelan banks will get US$300 million of oil money to sell on exchange market: sources
FOUR Venezuelan banks were notified this week by the country’s government that they will split US$300 million of oil revenues deposited in an account in Qatar, enabling them to sell…
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Federal Reserve’s Jefferson says he considers Powell to be ‘of the highest integrity’
[BOCA RATON] US Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on Friday he considered Powell to be “of…
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Oil prices settle up as US begins holiday weekend
[HOUSTON] Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin Luther King holiday weekend in the US and lingering worries about a possible…
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European shares subdued as luxury stocks, miners weigh
EUROPEAN shares were subdued on Friday, limited by weakness in luxury and mining stocks in a dour end to a week dominated by the start to a busy earnings season alongside…
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US stocks: Wall Street ends little changed before long weekend
[NEW YORK] US stocks ended nearly flat on Friday in a choppy session ahead of the long weekend, and all three major indexes posted losses for the week as fourth-quarter earnings season…
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Trump Threatens He Could Exit NATO If Allies Don’t Support His Acquisition of Greenland as Europe Sends Troops to Counterattack United States
President Donald Trump has warned that the United States could quit NATO if allied nations fail to support America’s bid to acquire Greenland. When asked by a reporter outside the…
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Jupiter has More Oxygen Than the Sun — And it Could Rewrite How Planets are Born!
Scientists have uncovered fresh insights into the formation of the solar system by looking deep beneath Jupiter’s turbulent cloud tops, where a hidden chemical signature may explain how the giant…
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Vietnam Bets on Domestic Consumption to Sustain Economic Growth in 2026
Vietnam’s economic growth in 2026 will hinge largely on the recovery of domestic consumption, effective policy implementation and the continued contribution of public investment, amid mounting uncertainty in the global…
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Two Men Arrested Over Coffeeshop Housebreaking at Singapore’s Circuit Road
Two men aged 40 and 67 have been arrested for their suspected involvement in a case of housebreaking and theft at a coffeeshop along Circuit Road, the police said on…
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Maybank applies to place Dasin Retail Trust’s manager under judicial management
This comes after four subsidiaries received court summonses over Companies Act breaches [SINGAPORE] Maybank has applied to place the trustee-manager of Dasin Retail Trust under judicial management. In a bourse…
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Thundery Showers Expected in Singapore as January Rainfall Likely to Stay Below Average
Singapore can expect unsettled weather over the next two weeks, with thundery showers developing mainly in the afternoons, occasionally turning heavy, according to the Meteorological Service Singapore (MSS). In a…
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Singapore: Woman, 34, Arrested After Drugs Found Hidden in Children’s Bedroom During CNB Islandwide Operation
A 34-year-old woman who allegedly hid drugs in her children’s bedroom was among 88 people arrested during a six-day islandwide operation conducted by the Central Narcotics Bureau (CNB) in January.…
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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)…
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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 start…