Culture

Malaysia’s Petronas signs LNG supply deal with China’s CNOOC
[KUALA LUMPUR] Malaysian state-owned energy firm Petroliam Nasional said on Wednesday (Dec 24) it would supply Chinese offshore oil and gas company CNOOC with 1 million tonnes per annum...
South Korea pension fund initiates new round of strategic FX hedging to support won
The won sharply reversed course on the news to rally as much as 1.6% to 1,458.0 per dollar[SEOUL] South Korea’s national pension fund has initiated a new round of...
S Korea pension fund initiates new round of strategic FX hedging to support won
The won sharply reverses course on the news to rally as much as 1.6% to 1,458.0 per dollar[SEOUL] South Korea’s national pension fund has initiated a new round of...
Australian dollar climbs to highest since Oct 2024 on RBA bets
[CANBERRA] The Australian dollar climbed to its strongest in more than a year after traders ratchet expectations the Reserve Bank will quickly shift to raising interest rates early next...
Asian markets mostly up after US growth fuels Wall St record
[HONG KONG] Most Asian stocks rose on Wednesday (Dec 24) and gold topped US$4,500 for the first time as investors tracked a record on Wall Street following forecast-beating US...
Hongkong Land should do a Reit not a private fund with its prime Singapore office assets
Hongkong Land Holdings is pressing ahead with growth in fund management. The 136-year-old property group said recently that it has made significant advancements towards launching its first private real...
Stocks to watch: Manulife US Reit, Nam Cheong
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 24): Manulife US Real Estate Investment Trust (Manulife US Reit): The Reit...
Loaded supertanker returns to Venezuelan waters amid US interceptions: TankerTrackers.com
PANAMA-FLAGGED crude carrier Kelly, which had departed from Venezuela carrying oil last week, has returned to Venezuelan waters following the US interception of more tankers, monitoring service TankerTrackers.com said...
Tesla having a very bad year in the EU
SALES of cars made by Tesla, the company run by Elon Musk, have slumped nearly 40 per cent in the European Union this year, data from the European Automobile...
Oil up as market weighs strong US economic growth, supply risks
[NEW YORK] Oil prices settled higher on Tuesday as investors assessed stronger-than-expected US economic growth and the risk of disruptions to oil supply from Venezuela and Russia.Brent crude futures settled 31 cents, or...
Gold, silver and platinum sparkle at all-time peaks
SILVER extended its record rally on Tuesday, breaching the key US$70-an-ounce mark, while gold and platinum also touched historic highs.Spot silver rose 3.2 per cent to US$71.22 per ounce as of...
European shares close at fresh record high as Novo Nordisk drives healthcare boost
EUROPEAN shares closed at a new peak on Tuesday, powered by gains in the healthcare sector, after heavyweight Novo Nordisk clinched US approval of its weight-loss pill.The pan-European Stoxx 600 added...