Culture
Coliwoo expects stronger core profit despite lower net profit before tax for FY2025
Better profit is attributed to absence of net fair value gain on investment properties in the financial year ended Sep 30[SINGAPORE] Co-living operator Coliwoo said in a Tuesday (Nov...
Ueda signals BOJ remains on rate hike path after PM meet
[TOKYO] Governor Kazuo Ueda told Prime Minister Sanae Takaichi that the Bank of Japan is in the process of slowly dialling back its easing support for the economy, signalling...
Europe’s banks face ‘unprecedentedly high’ risk of shocks, ECB warns
[FRANKFURT] Eurozone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems, the European Central Bank said on Tuesday (Nov 18) as it outlined...
Japan’s Nikkei plunges by most in seven months on tech selloff
[TOKYO] Japan’s Nikkei share average sank by the most in more than seven months on Tuesday (Nov 18), as investors sold off tech stocks following Wall Street’s sharp decline...
Bitcoin drops to a 7-month low while global stocks sell off; bonds rally
[LONDON] Stocks sold off and Bitcoin hit a seven-month low as investors pulled back from riskier corners of the market before a high-stakes week featuring Nvidia’s earnings and a...
KKR targets December close for second Asia private credit fund
Despite the growth potential, the asset class continues to face competition from traditional lenders in the region[HONG KONG] KKR is aiming to close its second Asia-focused credit fund in...
Apple’s iPhone sales surge in China to take 25% market share
[HONG KONG] Apple’s iPhone 17 series drove a 37 per cent rise in its monthly smartphone sales in China, signalling strong momentum in a key market.iPhones accounted for one...
Asia: Markets track Wall Street down with Nvidia, US jobs in view
Asian stocks sank on Tuesday, tracking more losses on Wall Street as investors grow increasingly worried about frothy tech valuations, with focus turned to earnings this week from AI...
BOJ chief to hold first bilateral meeting with PM Takaichi
[TOKYO] Bank of Japan Governor Kazuo Ueda will hold his first bilateral meeting with new Prime Minister Sanae Takaichi on Tuesday, a closely watched event that may provide hints...
Gold extends falls on firm US dollar, easing Fed rate-cut bets
Traders are currently pricing in a 43% probability of a quarter-point Fed rate cut next month, down from 50% in last week[BENGALURU] Gold fell for a fourth straight session...
