Culture
Trump eyes tariffs over cheap Canadian fertiliser, Indian rice
The US president is facing mounting pressure to address high consumer prices and persistent inflation[WASHINGTON] US President Donald Trump signalled he could impose fresh tariffs on agricultural products, including...
Oil falls 2% as Iraqi oilfield production restored, Ukraine talks continue
[HOUSTON] Oil prices slipped 2 per cent on Monday (Dec 8) after Iraq restored production at one of its oilfields which accounts for 0.5 per cent of world oil...
Moody’s downgrades Genting Bhd and two subsidiaries
Move reflects Malaysian giant’s “already-weak position” due to prolonged deleveraging amid slow earnings recovery, says ratings agency[SINGAPORE] Ratings agency Moody’s has on Monday (Dec 8) downgraded Genting Bhd and...
Private credit, core-plus infrastructure could offer ‘good risk-reward’ in 2026: Temasek CEO
[ABU DHABI] Private credit and core-plus infrastructure assets could put investors looking to diversify from equities in a “good risk-reward” position in 2026, said Dilhan Pillay, executive director and...
US stocks open higher as investors await Fed rate cut decision
[NEW YORK] Wall Street’s main indexes opened modestly higher on Monday (Dec 8) as investors priced in expectations that the Federal Reserve will deliver a long-awaited rate cut later...
IBM accelerates cloud drive with US$11 billion Confluent deal as AI demand booms
Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models[WASHINGTON] IBM said on Monday (Dec 8) it will buy data infrastructure company Confluent in a...
Indonesia fines dozens of palm oil, mining companies US$2.3 billion for operating in forest areas
The task force handed over 1.5 million hectares of plantations to state firm Agrinas Palma Nusantara[JAKARTA] An Indonesian government task force has ordered dozens of companies in palm oil...
Bank of England plans staffing cuts because of budget pressures
[LONDON] The Bank of England is planning to reduce head count as its finances become strained by the cost of the modernisations recommended by Ben Bernanke.The UK central bank...
Chinese court orders Malaysia Airlines to pay US$3.3m in compensation over missing MH370 plane
[BEIJING] A Beijing court has ordered Malaysia Airlines to pay some families of missing passengers onboard flight MH370 a total of US$3.28 million or more than US$410,240 per case...
Beijing court orders compensation for MH370 flight families
The eight passengers whose families were granted compensation have been declared legally deceased[BEIJING] A Beijing court said on Monday (Dec 8) it had ordered Malaysia Airlines to pay compensation...
