Culture
Oil prices settle up 1% at 2-week high as Ukraine war intensifies
OIL prices climbed about 1 per cent on Friday (Nov 22), settling at a two-week high, as the intensifying war in Ukraine this week boosted the market’s geopolitical risk...
Europe: Stoxx 600 jumps over 1% to one-week high on real estate boost
EUROPEAN real estate stocks surged, propelling the benchmark index to a one-week high on Friday (Nov 22), while easing of geopolitical tensions also relieved some recent selling pressure.The pan-European...
Soybean, used cooking oil markets brace for more uncertainty as Trump tariffs loom
Prices may suffer, should Beijing – the world’s largest consumer and importer of soybeans – impose retaliatory taxesUNCERTAINTY reigns across global soybean markets, as traders keep a close eye...
US: Wall St opens muted ahead of business activity data; geopolitical tensions in focus
Wall Street’s main indices had a subdued start on Friday (Nov 22) as investors awaited a business activity survey and monitored geopolitical tensions between Ukraine and Russia.The Dow Jones...
Trump’s return could extend US stocks’ dominance over global rivals
US stocks are extending their lead over global peers, and some investors believe that dominance could grow if President-elect Donald Trump can implement his economic platform without becoming mired...
CDL and joint ventures post S$611.1 million in Q3 sales, driven by Kassia launch
CITY Developments Limited (CDL) and its joint venture associates recorded S$611.1 million in sales for the third quarter ended Sep 30, 2024, from 321 units sold, up from S$325...
Paragon Reit to divest its majority stake in Australian shopping mall for A$192 million
Trust holds an 85 per cent interest in property; remainder is held by listed fund manager MA FinancialPARAGON Reit Management, the manager of Paragon Real Estate Investment Trust (Reit),...
China’s bottled water billionaire lashes out at Pinduoduo, ByteDance
One of China’s richest people has taken aim at tech firms ByteDance and Pinduoduo for allegedly harming him and Chinese brands.Zhong Shanshan, 69, and his bottled water company Nongfu...
Global banks weigh halting fresh credit to India’s Adani after US indictment
Some global banks are considering temporarily halting fresh credit to India’s Adani Group but staying put with existing loans following US prosecutors’ indictment of its billionaire founder Gautam Adani...
S&P lowers outlook on three Adani units after US indictment of founder
S&P GLOBAL Ratings lowered its outlook on three Adani Group entities to ‘negative’ from ‘stable’ on Friday (Nov 22), citing risks to funding access following a US indictment of...
