Posts by Shopie More
Japan’s Nidec delays results again, vows culture reform after crisis
The company’s founder Shigenobu Nagamori has already stepped down as chairman of the board Published Thu, Jan 29, 2026 · 12:11 PM [TOKYO] Japanese electric motor maker Nidec delayed the release of its quarterly results and pledged to overhaul the company’s growth-at-all-costs culture in the wake of an accounting scandal that’s seen its debt rating…
Read MoreGold climbs to record above US$5,500 on bets for dovish Fed chair
Published Thu, Jan 29, 2026 · 08:10 AM [SINGAPORE] Gold surged to an all-time high above US$5,500 an ounce, extending a breakneck rally fuelled by US dollar weakness and expectations the next Federal Reserve chair will pursue further monetary easing. Bullion surged as much as 3.2 per cent in early trading on Thursday (Jan 29),…
Read MoreS&P 500 crosses 7,000 ahead of Fed decision, Big Tech earnings
Published Wed, Jan 28, 2026 · 10:49 PM [NEW YORK] The S&P 500 opened at 7,000 mark on Wednesday (Jan 28), while the Nasdaq inched towards a record high, fuelled by a gain in chip stocks and as investors geared up for a Federal Reserve rate decision as well as a slew of Big Tech…
Read MoreStarbucks beats Q1 global comparable sales estimate as demand rebounds
Comparable sales rose 4% in North America, marking their first gains in nearly two years Published Wed, Jan 28, 2026 · 09:54 PM [NEW YORK] Starbucks reported a bigger-than-expected rise in first-quarter comparable sales on Wednesday (Jan 28), as demand rebounded in the US after nearly two years in early signs of success of CEO…
Read MoreHo Bee Land appoints Li Xiangrun as new CFO
[SINGAPORE] Ho Bee Land has promoted its current head of finance, Li Xiangrun, to chief financial officer effective Feb 1. The position is currently not filled, according to the property developer’s website. Li, 43, joined the company in June 2023 as head of finance. Prior to his tenure at Ho Bee Land, he spent a…
Read MoreASML reports big orders beat as AI drives chipmaker demand, to lay off 1,700
The orders beat comes as several of the chipmaker’s customers raise investment plans Published Wed, Jan 28, 2026 · 04:05 PM [AMSTERDAM] ASML reported stronger-than-expected bookings in the fourth quarter on Wednesday (Jan 28), with the world’s largest supplier of computer chip equipment receiving more orders as companies boosted investment in AI chipmaking capacity. Europe’s…
Read MoreBYD weighs India expansion as hundreds of car orders pile up
The automaker has approached Indian auto sector regulators to flag how import limits could constrain growth Published Wed, Jan 28, 2026 · 11:49 AM [DELHI] BYD is weighing options to expand in India, including local assembly to meet surging demand for the Chinese automaker’s electric vehicles (EVs), according to sources familiar with the matter. The…
Read MoreS-Reits set for first DPU recovery in four years: Julius Baer
Singapore’s retail and office sectors are well placed to benefit this year, the analyst says [SINGAPORE] For the first time in four years, Singapore real estate investment trusts (S-Reits) should see distributions per unit (DPU) grow in 2026, said Julius Baer on Tuesday (Jan 27). Analyst Jen-Ai Chua predicted: “Expectations of low interest rates, coupled…
Read MoreUPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM [WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last year’s job reductions as the delivery giant looks to accelerate a turnaround fuelled by a pivot to higher-margin shipments. The company also beat Wall Street…
Read MoreS&P, Nasdaq opens higher as earnings roll in
Published Tue, Jan 27, 2026 · 10:48 PM [NEW YORK] The S&P 500 and the Nasdaq opened higher on Tuesday (Jan 27) as investors parsed a fresh round of mega-cap earnings, while health insurers declined as the Trump administration’s Medicare Advantage payment proposal disappointed investors. At 09.30 am ET, the Dow Jones Industrial Average fell…
Read MoreAI boom risks widening gender gap at work, with Gen Z women most exposed: Apac report
Achieving gender equity requires technology and HR teams to work in tandem, says co-founder of advocacy group [SINGAPORE] As artificial intelligence (AI) transforms the economy, women – especially those from Gen Z – are at risk of falling behind in the workplace, raising fears that gender inequalities could deepen. A new Asia-Pacific study warns that…
Read MoreTax transparency and trust in the business ecosystem
Transparency has evolved into a defining pillar of good governance and public accountability MULTINATIONAL corporations worldwide are navigating a profound shift, compelled by new rules to disclose more about their tax strategies, payments and global footprints. Investors, in turn, are increasingly scrutinising tax behaviour as a litmus test for a company’s integrity and long-term sustainability. …
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