Culture
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...
Asian LNG jumps to highest this year as European benchmarks rise
NORTH Asia spot liquefied natural gas (LNG) prices jumped to the highest level this year on increased competition from Europe for the heating and power plant fuel.The Japan-Korea marker,...
Near-term volatility drives SGX to 17-year peak on higher turnover
SGX is benefiting from the 15.7% advance in the Singapore stock market so far this yearSHARES of Singapore Exchange (SGX) charged to their highest since December 2007, driven by...
Hot stock: ThaiBev rises 2.9% on married deals after results release
SHARES of Thai Beverage (ThaiBev) climbed in early trade on Friday (Nov 22) morning, after the beverage company released its financial statement for the full year ended Sep 30. As...
AirAsia founder plots low-cost Dubai-like hub in Bangkok, Kuala Lumpur
AIRASIA hopes to emulate Dubai’s success in connecting the world, but in a low-cost format from places such as Bangkok and Kuala Lumpur as the discount carrier looks to...
Singapore stocks open higher on Friday; STI up 0.3%
SINGAPORE stocks started trading on Friday (Nov 22) higher as a better-than-expected quarterly gross domestic product and a higher forecast for this year boosted sentiment. That was even as...
Philippine bourse sees up to US$2.4 billion fundraising in 2025
THE Philippine Stock Exchange (PSE) expects fundraising activities to grow next year with more companies looking to go public, as the bourse pins hopes on another interest rate cut...
Philippine bourse sees up to 140b pesos of fundraising in 2025
THE Philippine Stock Exchange (PSE) expects fundraising activities to grow next year with more companies looking to go public, as the bourse pins hopes on another interest rate cut...
Stocks to watch: Thai Beverage, BRC Asia, TSH Resources, Lum Chang
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 22): Thai Beverage (ThaiBev): The beverage company posted a net profit of 27.2...
