Culture
MAS to announce measures to help listcos deliver greater shareholder value in November: Chee Hong Tat
[SINGAPORE] The Republic will be announcing more details of its “Value Unlock” programme in November, said Chee Hong Tat, Minister for National Development, and deputy chairman of the Monetary...
China says Dutch Nexperia seizure places supply chain at risk
Talks between the two governments come a week after the Dutch state seized control of Nexperia using an emergency Cold-War era law[LONDON] China’s Commerce Minister warned that the Dutch...
Gold plunge knocks CNMC Goldmine off pedestal after 400% gain
This follows a recent wave of sell-offs amid profit taking by investors who fear that gold’s recent rally has left it overvalued [SINGAPORE] Shares of CNMC Goldmine fell on...
Air New Zealand warns of first-half loss as weak bookings and rising costs bite
AIR New Zealand on Wednesday warned it would report a first-half loss after soft local economic conditions dented expectations for a revenue pickup in domestic and US-bound bookings and...
Asia’s biggest stock exchanges push back against companies hoarding crypto
[TOKYO] Three of Asia Pacific’s biggest stock exchanges are pushing back against crypto hoarding vehicles masquerading as listed companies.Hong Kong Exchanges & Clearing Limited (HKEX) has challenged the plans...
AI not a reliable source of news, EU media study says
ARTIFICIAL intelligence assistants such as ChatGPT made errors about half the time when asked about news events, according to a vast study by European public broadcasters released Wednesday.The mistakes...
US Fed to trim rates twice more this year; 2026 rate path very unclear
The new forecast follows a recent shift in expectations by Fed policymakers toward additional reductions[BENGALURU] The Federal Reserve will lower its key interest rate by 25 basis points next...
Nasdaq profit tops estimates on higher trading volume, fintech demand
Nasdaq also saw broad-based growth across its financial technology and software divisions[NEW YORK] Exchange operator Nasdaq beat Wall Street expectations for third-quarter profit on Tuesday (Oct 21), as persistent...
Trump’s cane sugar push for Coca-Cola faces supply chain hurdles
The rollout of Coke made with US cane sugar is slow due to supply limits and business realities[WASHINGTON] President Donald Trump pushed Coca-Cola to make Coke using US cane...
US: Wall Street opens flat as investors assess earnings for direction
[NEW YORK] Wall Street’s main indexes opened flat on Tuesday (Oct 21), as investors assessed a wave of quarterly earnings from corporate majors.At 09.30 am, the Dow Jones Industrial...
