Business
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Trump nominates former Fed official Kevin Warsh to succeed Jerome Powell as Fed chair
Move signals a potential pivot towards lower rates as US president puts his stamp on American economy Published Fri, Jan 30, 2026 · 08:03 PM — Updated Fri, Jan 30,…
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ExxonMobil beats Wall Street targets for Q4 profit with help from lower-cost oil production
Published Fri, Jan 30, 2026 · 07:49 PM [HOUSTON] ExxonMobil beat Wall Street targets in fourth-quarter earnings reported on Friday (Jan 30), with lower-cost oil production in the Permian Basin…
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SGX to launch three new SDRs on Feb 2, including Chinese gold producer Zijin Gold
Singapore Depository Receipts’ daily turnover grows 10 times year on year to S$12 million [SINGAPORE] The Singapore Exchange (SGX) is launching three new Singapore Depository Receipt (SDR) counters – including…
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Swatch flags positive sales momentum, lifting shares
Published Fri, Jan 30, 2026 · 07:17 PM [ZURICH] Swatch Group said on Friday (Jan 30) its sales momentum was picking up in the last quarter of 2025 and into…
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Lim Kok Thay appointed as new RWS chairman, director
The 74-year-old billionaire is acting CEO of Genting Singapore, and son of Genting founder Lim Goh Tong [SINGAPORE] Genting Singapore announced on Friday (Jan 30) that it has appointed its…
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Gold tumbles below US$5,000, dragging other metals lower
Published Fri, Jan 30, 2026 · 06:30 PM [LONDON] Gold prices tumbled by more than 7 per cent to break below the US$5,000 mark on Friday (Jan 30) as the…
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CapitaLand Investment provides advisory services for The Clementi Mall, holds minority stake in asset
The tie-up aligns with its long-term strategy to grow fee income through a capital-efficient, partnership-led approach [SINGAPORE] CapitaLand Investment (CLI) will provide real estate advisory services for The Clementi Mall…
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STI tracks overnight Wall Street declines as it slides 0.5%
Across the broader market, decliners beat gainers 365 to 228, with 1.6 billion securities worth about S$2.1 billion changing hands [SINGAPORE] Singapore’s Straits Times Index (STI) dropped on Friday (Jan…
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Clas stays upbeat on US student housing despite 15% drop in segment’s H2 gross profit
Chief executive of Clas’ managers Serena Teo says they will take ‘drastic measures’ to boost occupancy and leasing rates in the next academic year [SINGAPORE] The managers of CapitaLand Ascott…
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China plans 200 billion yuan capital injection into biggest insurers: sources
It would be the first time Beijing has used special bonds to inject capital into insurers Published Fri, Jan 30, 2026 · 05:00 PM [BEIJING] China is mulling the sale…
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Chinese yuan’s longest weekly rally in more than a decade is set to extend into Chinese New Year
Published Fri, Jan 30, 2026 · 04:23 PM [BEIJING] The Chinese yuan, riding its longest weekly rally in more than a decade, is expected to strengthen further as exporters boost…
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South-east Asia seeks data centre investments – but must reckon with their thirst
With rapid data centre growth straining the region’s water supply, the race is on for alternative water sources and cooling technologies. [SINGAPORE] Soaring AI demand has brought hefty data centre…
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Singapore, Vietnam remain on US Treasury’s currency watch list; Thailand added
US reinforces monitoring criteria but did not designate any country as a currency manipulator [SINGAPORE] The Republic remained among 10 economies on the US Treasury’s currency monitoring list, with Thailand…
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Malaysian Central Bank rejects using ringgit to help exports
Published Fri, Jan 30, 2026 · 01:53 PM [KUALA LUMPUR] Malaysia’s central bank said strong growth and ongoing reforms would provide support for the ringgit, ruling out using the currency…
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Stocks tumble on bets Kevin Warsh is Trump’s Fed pick
Published Fri, Jan 30, 2026 · 01:19 PM [SINGAPORE] Stocks slumped while the dollar and bond yields shot up on Friday after US President Donald Trump said he has firmed…
