Culture
US airlines may see weaker holiday traffic amid shutdown fallout
[NEW YORK] Fewer US travellers are due to fly over the upcoming Thanksgiving holidays later this month, with Christmas demand also looking shaky, as a record US government shutdown...
China buys at least 14 cargoes of US soybeans for Dec-Jan shipment, traders say
[CHICAGO] China’s state-owned grain trader COFCO bought at least 14 cargoes of US soybeans on Monday, or at least 840,000 metric tons, for shipment in December and January, two...
US Fed official backs further rate cut due to weak job market
A KEY Federal Reserve official said Monday that he supports a third consecutive interest rate cut by the US central bank in December, as the jobs market remains weak...
J&J to buy Halda Therapeutics in US$3.05 billion cash deal
[NEW YORK] Johnson & Johnson has agreed to buy the cancer treatment biotech Halda Therapeutics for US$3.05 billion cash, part of a strategy to cope with eroding sales for...
Yangzijiang Maritime inks fresh vessel deals ahead of mainboard debut
It also signed letters of intent for joint ventures to build new tankers, bulk carriers [SINGAPORE] Yangzijiang Maritime Development signed contracts with a Marshall Islands-based shipowner for the sale...
US: Wall St falls at open with eyes on Nvidia earnings, data
[NEW YORK] Wall Street’s main indexes fell at the open on Monday (Nov 17), heading into a packed week that includes AI bellwether Nvidia’s results and the resumption of...
Amazon seeks US$12 billion from first US bond sale in three years
[NEW YORK] Amazon.com is seeking to raise about US$12 billion through a debt offering – its first such deal in US dollars in about three years – amid an...
Deutsche Bank unveils more ambitious cost and profit targets for 2028
It wants to increase revenue to around 37 billion euros in 2028, up from around 32 billion euros in 2025[FRANKFURT] Deutsche Bank on Monday (Nov 17) unveiled new profit...
StarHub prices S$300 million notes due 2035 at 2.55%
[SINGAPORE] Telco StarHub priced on Monday (Nov 17) its issue of S$300 million worth of notes due in 2035 at 2.55 per cent, under its S$2 billion multi-currency debt...
AirAsia X plans new long-haul European routes
[ISTANBUL] Malaysian low-cost carrier AirAsia X, which recently launched flights to Istanbul, is planning to establish more long-haul routes to Europe sometime next year, its CEO Benyamin Ismail told...
