Culture
System outage halts Bursa Malaysia’s derivatives trading
[KUALA LUMPUR] Trading on Bursa Malaysia’s derivatives market was halted on Friday due to a system outage of the Globex electronic trading platform, the Malaysian bourse said.Bursa Malaysia said...
Asian markets struggle to build on week’s rally
MARKETS fluctuated on Friday at the end of a strong week for equities fuelled by growing expectations that the Federal Reserve will cut interest rates again next month.Traders took...
Singapore crowned world’s No 1 container port: report
This is driven by the country’s world-class infrastructure and transparent governance [SINGAPORE] The Republic has been crowned the world’s leading container port in the inaugural edition of the Leading...
OKP shares close 6.6% higher on proposed bonus share issue
[SINGAPORE] Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent in intraday trading on news of its proposed bonus issue of up to...
OKP shares soar as much as 7.5% on proposed bonus share issue
[SINGAPORE] Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent on news of its proposed bonus issue of up to 231.3 million shares.The...
Gold hits two-week peak on increased Fed rate-cut bets
GOLD prices rose to a two-week high in early Asian trade on Friday, as bets increased for a US interest rate cut next month amid conflicting signals from Federal...
Singapore Flyer operator Straco Q3 profit down 8% at S$10.7 million
[SINGAPORE] Singapore Flyer operator Straco posted a net profit of S$10.7 million for its third quarter ended Sep 30, 8 per cent down from S$11.7 million in the year-ago...
Reeves’ UK budget calms markets and party but leaves Britons unhappy
[LONDON] Britons reacted overwhelmingly negatively to Chancellor of the Exchequer Rachel Reeves’ budget, suggesting little relief for the Labour government’s slumping popularity.Respondents to a YouGov survey conducted after Wednesday’s...
Stocks to watch: OCBC, Frasers Property, Straco, ASL Marine, mm2 Asia, Banyan Tree
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Nov 28): OCBC : Its mobile banking services were fully restored after a...
Frasers Property to redeem S$300 million worth of 4.38% perpetuals on Jan 17
The securities are part of its S$5 billion multi-currency debt issuance programme[SINGAPORE] Frasers Property on Friday (Nov 28) announced that it will redeem S$300 million worth of perpetual securities...
Samsung Electronics expands beyond consumers to B2B in South-east Asia
The company’s offerings are gaining traction in sectors such as education and hospitality[SINGAPORE] South-east Asia’s digitalisation represents an opportunity for Samsung Electronics to expand into the business-to-business (B2B) market,...
