Culture
India’s equity mutual fund inflows rebound in November on strong earnings, low inflation
[MUMBAI] Equity mutual fund inflows into the Indian stock market rebounded after three months in November, as improved corporate earnings, stable economic growth and benign inflation powered blue-chips to...
India’s aviation watchdog deploys monitors to IndiGo offices
These teams are required to give daily reports to the Directorate General of Civil Aviation[NEW DELHI] India’s aviation regulator, in an unprecedented move, deployed two on-site teams at IndiGo’s...
CLI closes second onshore sub-fund; targets 1.48 billion yuan in funds under management
It is under the CLI RMB Master Fund with CapitaMall Xinduxin, as the seed asset[SINGAPORE] Global real asset manager CapitaLand Investment (CLI) said on Thursday (Dec 11) that it closed its...
DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand
The increase comes on lower interest rates and plans by these firms to recycle capital and rejuvenate assets [SINGAPORE] DBS Research has taken a bullish stance on Singapore property...
Hongkong Land shares end 5.5% higher on S$1.45 billion sale of MBFC stake
The group is selling its share to Keppel Reit, which will have a two-thirds interest in the property upon completion[SINGAPORE] Shares of Hongkong Land rose on Thursday (Dec 11)...
Bitcoin dips below US$90,000 as AI worries dent risk appetite
Fresh concerns about artificial intelligence profits weighed on technology stocks[SINGAPORE] Cryptocurrencies tumbled on Thursday (Dec 11) and bitcoin fell briefly below the US$90,000 threshold in a renewed signal of...
More dissenters could signal increased resistance to future Fed rate cuts
Investors should be positioned for the Fed to continue easing at least once more in 2026, say analystsTHE US Federal Reserve’s expected interest rate cut and its surprisingly rosy...
China’s ZTE may pay more than US$1 billion to the US over foreign bribery allegations: sources
ZTE said it is engaged in “ongoing communication” with the US Justice DepartmentCHINESE telecom equipment maker ZTE Corp may pay more than US$1 billion to the US government to...
Vietnam amends law to ban exports of raw rare earth minerals
Only companies with government approval will be permitted to exploit, process and use rare earths[HANOI] Vietnam’s parliament moved to ban exports of raw rare earth resources as part of...
Asian markets mixed post Fed cut; fundamentals should matter more with upcoming pause: analysts
STI rises 0.3%, Hang Seng Index gains 0.1%, FTSE Bursa Malaysia KLCI up 0.3%, Nikkei 225 falls 1%, Kospi Composite Index loses 0.3% [SINGAPORE] Asian markets were mixed on...
