Culture
SGX to launch index that tracks non-STI listcos: Chee Hong Tat
The STI is currently made up of the 30 largest companies by market capitalisation, but represents only a portion of SGX’s listed companies…
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Culture
Culture
SGX to launch index that tracks listcos beyond STI: Chee Hong Tat
The STI comprises the 30 largest companies by market capitalisation, but represents only a portion of SGX’s listed companies The Singapore…
Culture
Global EV sales growth slows to 15% in August, research firm says
GLOBAL sales of fully electric and plug-in hybrid vehicles grew 15 per cent in August from a year ago, marking the slowest rate since…
Culture
Meituan launches AI agent to boost food delivery business
Meituan has launched a new artificial intelligence (AI) agent app that aims to boost its food delivery and local services business, as its…
Culture
JPMorgan postpones ECB rate cut forecast to December after policy meeting
JPMORGAN now expects the European Central Bank to lower interest rates in December this year compared to its prior forecast of a…
Culture
US, Japan reaffirm FX commitments, leave room for interventions
The United States and Japan reaffirmed their commitment to “market determined” exchange rates, while agreeing that foreign exchange…
Culture
Petronas delivers first local sustainable aviation fuel to Malaysia Airlines
The announcement comes as the country looks to build domestic production, blending, and supply of SAF Malaysia’s state energy firm…
Culture
Asia: Stocks surge into weekend with US rate cut ‘seemingly locked in’
ASIAN markets surged again on Friday, tracking record highs across Wall Street, after US inflation and jobs data all but set in stone a…
Culture
Trump administration moves to lift ruling that blocked removal of Fed Governor Cook
US PRESIDENT Donald Trump’s administration on Thursday asked a federal appeals court to let Trump remove Federal Reserve Governor Lisa…
Culture
SK Hynix shares hit record with news of AI memory milestone
The Seoul-traded chipmaker, whose shares are up roughly 90% over the past year, is now worth close to US$170 billion SK Hynix’s stock…
Culture
Yangzijiang Financial closes 7.4% higher amid heavy trading, hits record in intra-day trade
The company will be added to STI’s reserve list, comprising the five highest-ranking non-constituents of the index by market…
Culture
A key BMW dealer in China expects to ‘suffer’ before rebound
Sime Darby also sells the German luxury vehicles in eight other markets, including Indonesia, Thailand, Australia, Singapore and Malaysia…
Culture
Canada PM names key projects to jumpstart Trump-hit economy
[ALBERTA, Canada] Canada’s Prime Minister Mark Carney unveiled his initial list of major national projects on Thursday, backing critical…
Culture
Gold set for fourth weekly rise as US data lifts rate-cut hopes
Gold prices rose on Friday (Sep 12) and were headed for a fourth consecutive weekly gain, as fears of a weakening US labour market…
Culture
CapitaLand Commercial C-Reit’s public offer 535 times subscribed; 2.29 billion yuan raised from its Shanghai IPO
CapitaLand Investment, CapitaLand China Trust and CapitaLand Development collectively hold 20% of IPO units The public tranche of the…
Culture
Stocks to watch: CapitaLand Investment, CapitaLand China Trust, Frasers Hospitality Trust, TalkMed, Low Keng Huat, IReit Global
The following companies saw new developments that may affect trading of their securities on Friday (Sep 12): CapitaLand Investment (CLI);…
Culture
Hong Kong stock ETFs get record China money on AI, biotech craze
Mainland retail traders are being lured by the outperformance of the city’s equities Hot themes from artificial intelligence (AI) to…
Culture
Winklevosses’ crypto exchange Gemini raises US$425 million in IPO
The firm offers a crypto exchange, a US dollar-backed stablecoin, crypto staking, digital asset custody and a credit card that offers…
Culture
Paramount Skydance prepares bid for Warner Bros Discovery, source says
PARAMOUNT Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday,…
Culture
FTC launches inquiry into AI chatbots of Alphabet, Meta and others
THE US Federal Trade Commission on Thursday said it is seeking information from several companies including Alphabet, Meta Platforms and…
Culture
Gold surpasses inflation-adjusted record high set in 1980
The precious metal has risen nearly 40% this year as US President Donald Trump has cut taxes, expanded his global trade war Gold has…
Culture
Hyundai says battery plant delayed after immigration raid
The operation has cast doubt over billions of US dollars of South Korean companies’ future investment in the US Construction on a Hyundai…
Culture
Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructure
MICROSOFT and OpenAI said on Thursday they have signed a non-binding deal for new terms of their relationship that would allow OpenAI to…
Culture
Oil prices slide 2% on worries about global oversupply, US demand
Oil prices slid on Thursday, settling about 2 per cent lower as concerns over possible softening of US demand and broad oversupply offset…