Posts by Shopie More
Apple loses more AI researchers and a Siri executive in latest departures
The company has struggled to keep up with peers in the artificial intelligence race Published Sat, Jan 31, 2026 · 03:22 PM [LOS ANGELES] Apple has lost at least four more of its artificial intelligence (AI) researchers in recent weeks, in addition to a top Siri executive, with the staff headed to employers such as…
Read MoreExxonMobil, Chevron clock best month since 2022 as crude surges
Published Sat, Jan 31, 2026 · 02:57 PM SHARES of US oil giants ExxonMobil and Chevron notched their largest monthly gains in more than three years, boosted by rising energy prices, geopolitical tensions and improving fundamentals. ExxonMobil is up 18 per cent in January and Chevron higher by 16 per cent, the best monthly performance…
Read MoreSandisk’s 1,600% rally keeps going after ‘unprecedented’ quarter
Memory and storage companies have historically traded at lower valuations due to their cyclical nature Published Sat, Jan 31, 2026 · 02:31 PM [NEW YORK] Digital storage company Sandisk’s strong revenue and earnings outlook is extending its blistering rally as the top-performing stock in the S&P 500 Index. Shares of Sandisk surged as much as…
Read MoreMercedes seeks to regain China luxury lead with new S-Class
Germany’s automakers have already lost the battle in the country on mass-market EVs Published Sat, Jan 31, 2026 · 12:32 PM [FRANKFURT] Mercedes-Benz Group unwrapped a refreshed S-Class, pitching its flagship sedan as a rolling, hyper-connected boardroom to reassert its luxury edge amid intensifying competition from Chinese rivals. Priced from around 121,000 euros (S$182,166), the…
Read MoreOil hovers near six-month high as investors track US-Iran tensions
Published Sat, Jan 31, 2026 · 07:37 AM [HOUSTON] Oil prices dipped a few cents per barrel on Friday (Jan 30), consolidating recent gains and holding near six-month highs, supported by nagging tensions between the US and Iran. Brent crude futures settled at US$70.69 a barrel, down 2 US cents or 0.03 per cent. The…
Read MoreColiwoo to acquire S$101 million Changi asset from ESR-Reit
The property’s location in Changi Business Park provides access to an established corporate tenant base [SINGAPORE] Co-living operator Coliwoo has inked a deal to acquire a hotel property from ESR-Real Estate Investment Trust (Reit) for about S$101 million. The deal, announced on Friday (Jan 30) through a bourse filing, involves the hotel strata lot located…
Read MoreAdidas plans 1-billion-euro share buyback after profits jump
Published Fri, Jan 30, 2026 · 11:19 PM [FRANKFURT] Adidas reported stronger-than-expected fourth-quarter profits and announced a fresh share buyback, as it looks to maintain its momentum with retro sneakers – alongside new running and football products. The German sportswear company generated operating profit of 164 million euros (S$247.9 million) in the fourth quarter, it…
Read MoreHong Kong regulator ramps up warnings over poor IPO filings
Securities and Futures Commission flags that teams are unfamiliar with regulatory requirements and lack the experience to handle applications Published Fri, Jan 30, 2026 · 08:18 PM [HONG KONG] Hong Kong’s market regulator stepped up warnings to investment banks over filing sloppy applications for share sales as listings boom. In a circular issued on Friday…
Read MoreChinese 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 demand for the currency ahead of the Chinese New Year. Companies typically step up dollar‑to‑yuan conversions before the country’s holiday season, said Li Liuyang, chief…
Read MoreGold retreats as reports on Trump’s Fed nominee boost dollar
Published Fri, Jan 30, 2026 · 12:17 PM GOLD fell, following its first drop in nearly two weeks, as the US dollar strengthened after a report the Trump administration is preparing to nominate Kevin Warsh for Federal Reserve chair. Bullion retreated as much as 4.8 per cent on Friday, having gained as much as 1.4 per…
Read MoreMapletree Pan Asia Commercial Trust Q3 DPU rises 2.5% to S$0.0205
[SINGAPORE] Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Jan 30) posted a distribution per unit (DPU) of S$0.0205 for the third quarter ended Dec 31. It will be paid on Mar 18. This was 2.5 per cent higher from the year-ago period when its DPU stood at S$0.02. In a bourse filing, the manager reported…
Read MoreBitcoin drops below US$86,000 as traders retreat from risk assets
Published Fri, Jan 30, 2026 · 12:20 AM [NEW YORK] Bitcoin dropped below US$86,000 for the first time in about six weeks amid a pullback in risk assets. The largest cryptocurrency slipped as much as 4.7 per cent to US$85,105, the lowest price since Dec 19. Smaller digital assets fell more, with Ether, Doge, Cardano…
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