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Cryptocurrency

Bitcoin eyes longest winning run in a year as ETFs attract inflows

Nine new spot Bitcoin funds began trading in the US on Jan 11 and have attracted more than US$9 billion of investor inflows so far
Powell tells ‘60 Minutes’ Fed is wary of cutting rates too soon - THE EDGE SINGAPORE

US Economy

Powell tells ‘60 Minutes’ Fed is wary of cutting rates too soon

The Fed chief also said he didn’t expect policymakers to “dramatically” change their 2024 interest-rate forecasts.
ESG funds see first ever net outflows globally after US exodus - THE EDGE SINGAPORE

Environmental, Social and Governance

ESG funds see first ever net outflows globally after US exodus

For the first time ever, ESG funds saw global net outflows amid a major exodus by US investors.

Funds

China rally is just an opportunity to sell for many global funds

The nascent rebound in Chinese shares is at risk of becoming yet another false dawn.
GoTo CEO Soelistyo to step down; Walujo named successor - THE EDGE SINGAPORE

New appointments

GoTo CEO Soelistyo to step down; Walujo named successor

He will be replaced by Patrick Walujo, managing partner of private equity firm Northstar Group.
Peter Lim’s Thomson Medical eyes Vietnam FV Hospital deal - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Peter Lim’s Thomson Medical eyes Vietnam FV Hospital deal

Thomson Medical Group beat out the other interested candidates to remain in the bidding, people with knowledge of the matter said.
Global airline profit estimate jumps to US$10 bil in 2023 - THE EDGE SINGAPORE

Aviation & Engineering

Global airline profit estimate jumps to US$10 bil in 2023

Losses at Asian carriers though are expected to be US$6.9 billion in 2023, almost half 2022 estimates.

Investing ideas

Emboldened Keppel hikes AUM target to $200 bil

According to Bloomberg’s compilation of sell-side calls, eight of the analysts tracked have either a “buy” or equivalent call.

Banking & finance

Japanese banks must learn to lure Southeast Asia's youth

Going abroad is easier than making a go of a business overseas; the Japanese may need to emulate a family-run Singapore bank.

Company in the news

Musk revives US$44 bil Twitter bid, aiming to avoid trial

For Twitter, proceeding with Musk’s plan augurs a future under a mercurial billionaire.
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