Culture
Japan’s Nikkei ends at record high as chip-related shares gain on Wall Street boost
[TOKYO] Japan’s Nikkei share average ended at a closing high for a second straight session on Friday (Sep 12), as chip-related stocks tracked Wall Street’s strong finish overnight.The Nikkei...
DBS rally still has legs; it could scale new heights of over S$57 on robust dividend moves
It’s committed to S$0.24 annual core dividend step-up; while OCBC, UOB remain on payout ratios pegged to earnings, which could fluctuate[SINGAPORE] There is more room for DBS’ share price...
Hong Leong has ‘abundant opportunities’ for greater Shanghai, China collaboration: Kwek Leng Beng
These can include participating in the city’s government funds, with proceeds disbursed to companies in the high-tech innovation space or with global consumer connections [SINGAPORE] Hong Leong Group has...
SGX to launch index that tracks non-STI listcos: Chee Hong Tat
The STI is currently made up of the 30 largest companies by market capitalisation, but represents only a portion of SGX’s listed companies[SINGAPORE] The Singapore Exchange (SGX) will be...
SGX to launch index that tracks listcos beyond STI: Chee Hong Tat
The STI comprises the 30 largest companies by market capitalisation, but represents only a portion of SGX’s listed companies[SINGAPORE] The Singapore Exchange (SGX) will be launching an index that...
Global EV sales growth slows to 15% in August, research firm says
GLOBAL sales of fully electric and plug-in hybrid vehicles grew 15 per cent in August from a year ago, marking the slowest rate since January and reflecting tougher comparatives,...
Meituan launches AI agent to boost food delivery business
[HONG KONG] Meituan has launched a new artificial intelligence (AI) agent app that aims to boost its food delivery and local services business, as its battle with Alibaba Group...
JPMorgan postpones ECB rate cut forecast to December after policy meeting
JPMORGAN now expects the European Central Bank to lower interest rates in December this year compared to its prior forecast of a quarter-point cut in October after the central...
US, Japan reaffirm FX commitments, leave room for interventions
[TOKYO] The United States and Japan reaffirmed their commitment to “market determined” exchange rates, while agreeing that foreign exchange interventions should be reserved for combating excess volatility, according to...
Petronas delivers first local sustainable aviation fuel to Malaysia Airlines
The announcement comes as the country looks to build domestic production, blending, and supply of SAF[KUALA LUMPUR] Malaysia’s state energy firm Petroliam Nasional Berhad, or Petronas, said on Friday...
