Culture
Stocks to watch: UOB, Lendlease Reit, IHH Healthcare, Cordlife
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 27): UOB : A High Court judge on Wednesday upheld his decision...
Apple contests India’s antitrust penalty law with risk of US$38 billion fine, filing shows
[NEW DELHI] Apple is challenging India’s new antitrust penalty law under which the US company could potentially face a fine of up to US$38 billion, a court filing at...
JPMorgan flips forecast, sees Fed cutting rates in December
The Federal Open Market Committee, led by Chair Jerome Powell, meets in Washington on Dec 9 and Dec 10[NEW YORK] Economists at JPMorgan Chase see the US Federal Reserve...
New Zealand central bank says economic recovery picking up
[AUCKLAND] Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank of New Zealand Governor Christian Hawkesby told...
AliExpress bans Chinese sex doll seller after Reuters examination
National consumer protection bodies often classify such items as akin to images of sexual abuse under child protection laws[LONDON] Alibaba’s AliExpress said that it has banned a China-based seller...
Campbell’s responds to ‘absurd’ charge it uses 3D-printed chicken
FOOD giant Campbell’s has dismissed as “absurd” claims allegedly made by a senior executive, who has since been placed on leave, that its soups are made with “3D-printed” chicken...
Shein faces EU pressure to curb sales of sex dolls and weapons
France is also pushing the European Union to increase customs duties on small packages two years earlier than planned[PARIS] Shein is under pressure from the European Union to curb...
Stellantis deepens Europe’s reliance on China with CATL plant
[MADRID] Stellantis, the maker of Peugeot and Jeep vehicles, and China’s CATL broke ground on a 4.1 billion euros (S$6.2 billion) battery plant in northern Spain, a project that...
US: Wall Street extends rally on growing bets for December Fed rate cut
[NEW YORK] Wall Street gained ground on Wednesday as revived tech strength and the growing probability of a December interest rate cut from the US Federal Reserve put investors...
Europe’s Stoxx 600 climbs on Fed cut hopes; banks rally post-UK budget announcement
EUROPE’S main equity indexes closed higher on Wednesday, led by technology stocks as growing expectations of a US rate cut boosted global risk appetite, while financials also found support...
