Culture
US: Wall Street opens subdued with Nvidia earnings, Fed policy in focus
WALL Street’s main indexes opened little changed on Monday (Nov 18), as investors looked ahead to crucial corporate results, especially from AI-chip leader Nvidia, following Wall Street’s slump the...
Novo Nordisk launches obesity drug Wegovy in China
The price for a month’s supply of the starter dose of Wegovy will be 1,400 yuanNovo Nordisk said on Monday (Nov 18) it has launched its popular obesity drug...
US dollar rises against yen on BOJ caution; euro sell-off pauses
THE US dollar climbed against the yen on Monday (Nov 18) after Japan’s top central banker flagged further monetary policy tightening ahead but left open the question of timing,...
UK creates new businesses at slowest rate since 2010
BRITONS started new businesses last year at the slowest rate since 2010, a potential warning sign for longer-term economic growth and productivity, according to official data published on Monday...
StarHub, M1 may be posturing for subscribers ahead of potential merger by June 2025
Analysts note that recent moves by the telcos could help to move negotiations forward, grow subscriber baseTELCOS StarHub and M1 may be posturing for more subscribers ahead of StarHub’s...
Xiaomi Q3 revenue soars 30.5% as sales of its first electric car surge
CHINESE electronics maker Xiaomi Corp posted a 30.5 per cent jump in third-quarter revenue as consumers clamoured for its first electric vehicle, the SU7 sedan.
Xiaomi launched the car, which...
Singapore stocks fall after Wall Street sell-off; STI down 0.3%
SINGAPORE equities ended their three-day winning streak to finish Monday (Nov 18) lower, after a sell-off on Wall Street last Friday as investors turned cautious amid inflation worries under...
China EV makers push self-driving as Tesla threat looms
AUTONOMOUS driving and artificial intelligence are the buzzwords at this week’s Guangzhou auto show – the last major gathering of Chinese carmakers for the year.
With Elon Musk’s Tesla...
Crypto exchange OKX launches Singapore dollar funds transfer service for local customers
CRYPTOCURRENCY exchange OKX said on Monday (Nov 18) it would offer instant Singapore dollar-denominated deposits and withdrawals to customers in the city-state, taking a step towards deeper integration with...
UOB payment services face intermittent issues on Monday morning
UOB credit and debit card payment services faced intermittent disruptions on Monday (Nov 18) morning.
In a Facebook post, the lender said it is looking into the situation and...