Culture
Bank Indonesia policy juggle makes rate moves harder to predict
The central bank has spurned market expectations at half of its 10 policy meetings so far this year[JAKARTA] Bank Indonesia’s (BI) balancing act between stability and growth has lately...
US Fed official defends easing of bank oversight as concerns mount
THE US central bank’s top banking regulator on Tuesday defended efforts to revamp oversight of the sector, as she faces warnings that weakened supervision could destabilise the financial system.“Our...
CATL’s 92% rally in Hong Kong faces threat from lockup expiry
Besides cashing out on the stock’s stellar gains, investors have at least one more reason to sell: valuation[HONG KONG] Shares of Contemporary Amperex Technology Co Limited (CATL), up 92...
Oil settles up 1% on Russia sanctions, interviews for next US Fed chair
[HOUSTON] Oil prices settled higher on Tuesday after a choppy session as traders weighed the impact of Western sanctions on Russian oil flows, as well as US President Donald Trump saying his...
Google launches Gemini 3, embeds AI model into search immediately
[SAN FRANCISCO] Alphabet’s Google on Tuesday (Nov 18) launched the latest version of its artificial intelligence model Gemini, emphasising that the new capabilities will be immediately available in several...
Temasek leads US$80 million funding in power infrastructure provider Amperesand
The Series A round is co-led by the Singapore investment company and Walden Catalyst Ventures[SINGAPORE] Amperesand, a next-generation power infrastructure provider for artificial intelligence (AI) data centres and critical...
US: Wall St opens lower as valuation concerns, rate-cut jitters linger
[NEW YORK] Wall Street’s main indexes fell at the open on Tuesday (Nov 18), as concerns over lofty equity valuations and dimming chances of an interest rate cut from...
Temu-owner PDD Holdings beats profit expectations, outlook uncertain
Adjusted earnings per share of 21.08 yuan (S$3.86) beat analysts’ average forecast of 16.84 yuan[SHANGHAI] China’s PDD Holdings beat forecasts on Tuesday (Nov 18) with a 14 per cent...
Toyota lays out US$912 million plan to boost US hybrid production
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative[TOKYO] Toyota Motor detailed plans to invest US$912 million to...
Nissan to cut more output at Kyushu plant on chip supply troubles
[TOKYO] Japan’s Nissan will cut production by another 1,400 vehicles at its Kyushu plant next week, as the fallout from chip supply disruptions linked to Chinese-owned Nexperia continues to...
