Culture
Nearly half of Cat A COEs go to EVs, which account for 43% of new sales so far in 2025
They also made up 45.6% of Category A certificate of entitlement (COE) registrations in 9M 2025[SINGAPORE] The adoption rate of electric vehicles (EVs) in Singapore is gathering pace, with...
Emerging market stocks rise every month this year for the first time since 1993
The surge is driven by factors including strong gains in many AI-focused Asian tech stocks and a weaker US dollarTHE emerging-market (EM) equity benchmark gained for a 10th consecutive...
Fundamentals driving recent small and mid-cap institutional flows
In H2 up to Oct 30, these stocks record S$472 million in net institutional inflows[SINGAPORE] Singapore is home to more than 240 small and mid-cap (SMID) stocks, each with...
China ends gold tax break in setback for key bullion market
[SINGAPORE] China is scrapping a long-standing gold tax incentive in a potential setback for consumers in one of the world’s top bullion markets.Starting on Nov 1, Beijing will no...
Hedge funds flee bearish oil bets after US sanctions Russia
[NEW YORK] Hedge funds cut their bearish position on Brent crude by the most on record after the US imposed sanctions on Russia’s biggest oil companies, threatening exports from...
DOJ probes trading in herbal medicine firm that surged 46,000%
[WASHINGTON] The US Department of Justice (DOJ) is probing market volatility at a Hong-Kong based traditional Chinese medicine company after a stock surge briefly made its value soar 46,000...
Dollar has second best month of 2025 on data void, hawkish Fed
[NEW YORK] The dollar wrapped up its second best month of the year as lack of official data muddies the outlook for the US economy and the Federal Reserve’s...
Alphabet, Amazon stakes in Anthropic boost profit by billions
[NEW YORK] Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were boosted by the increased value of their stakes in Anthropic...
Fed’s Waller calls for December rate cut, as hawks press for policy pause
[SAN FRANCISCO] A clutch of Federal Reserve bank presidents on Friday (Oct 31) aired their discomfort with the US central bank’s decision to cut interest rates this week, even...
Lack of air traffic controllers hits almost half of major US airports
[WASHINGTON] Nearly 50 per cent of the 30 busiest US airports are grappling with shortages of air traffic controllers, the Federal Aviation Administration (FAA) said on Friday (Oct 31),...
