Culture
Asia: Shares rise as Japan politics weigh on yen
Asian markets rose on Monday (Sep 8), with Tokyo up nearly two per cent after Japanese Prime Minister Shigeru Ishiba’s decision to resign…
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Culture
Culture
Johor-Singapore SEZ helps southern state beat Singapore, Malaysia’s growth: DBS
The Johor-Singapore Special Economic Zone (JS-SEZ) is showing great potential, based on a DBS report released on Thursday (Sep 4). The…
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Indonesia bonds set to extend edge over India on rate-cut bets
Investors are favouring Indonesian sovereign debt over Indian bonds in the contest between Asia’s two traditional high-yield markets.…
Culture
Opec+ casts shadow on Singapore’s glitzy oil bash as surplus looms
AN EXPECTED move by the world’s top oil-producing nations to once again increase output will set the tone for Asia’s biggest gathering of…
Culture
CEOs eyeing tech deals record flock to key Goldman confab
CEOs, investors, analysts and even some bankers gathering for one of the tech industry’s biggest summits this week in San Francisco will…
Culture
What would a CapitaLand-Mapletree merger mean for S-Reits in their respective stables?
There seems to be little doubt now that the US Federal Open Market Committee will announce a rate cut at its coming meeting from Sep 16 to…
Culture
Opec+ set to raise oil output further from October: sources
[LONDON/MOSCOW] Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of increases from…
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Opec+ agrees further oil output boost from October to regain market share
[LONDON/MOSCOW] Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share,…
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Nasdaq 100 gains as weak labour data fuels rate-cut bets
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested…
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From vision to action: Global Asia Insurance Partnership’s new CEO targets greater coverage in Asia
As the Global Asia Insurance Partnership’s (GAIP) new chief executive officer, Cheng Min Hung is on a mission to tackle one of the…
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Don’t be fooled by gold’s recent gleam
Will gold keep running? It is outshining most liquid assets in 2025. Up 20 per cent through Aug 22 and 56 per cent since the end of 2023,…
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China’s WM Motor to restart production after government-backed revival plan
Chinese EV makers have faced years-long price wars as they battle intense competition in an overcrowded sector Chinese electric vehicle…
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Meta’s backstop is linchpin for US$26 billion AI data-centre deal
When Meta Platforms turned to lenders to secure US$26 billion in debt funding for the construction of a sprawling new data centre, one key…
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Bank of America sees two US Fed rate cuts this year vs none before
Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak…
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Disney races to keep promises made in launch of ESPN online
Three weeks after ESPN launched an online version of its pay-TV network, parent Walt Disney is racing to cut deals with cable providers so…
Culture
Top Trump crypto backer Justin Sun says his World Liberty tokens ‘unreasonably’ frozen
[PARIS/BOSTON] Justin Sun, one of the biggest known backers of US President Donald Trump’s World Liberty Financial crypto venture, said on…
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China joins big oil in opposition to Trump’s biofuel proposal
US oil refiners have found an unlikely ally in their opposition to US President Donald Trump’s proposed changes to biofuel policy: China.…
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Robinhood, AppLovin, Emcor to join S&P 500 in rebalancing
Robinhood Markets has been added to the S&P 500, marking a new phase for the retail trading platform that helped define the pandemic-era…
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Russian gas sales to China would not harm US, energy secretary says
Since coming back to the office, Trump has not imposed direct sanctions on Russian energy entities Energy Secretary Chris Wright said on…
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US immigration agents arrest hundreds at Hyundai plant, mostly South Koreans
[ATLANTA/WASHINGTON/SEOUL] Hundreds of workers at a Hyundai Motor car battery facility under construction in Georgia were detained in a…
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US SEC launches task force on securities fraud by foreign companies
The US Securities and Exchange Commission (SEC) is setting up a new unit to focus on securities fraud by foreign companies, one of the…
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Trump says Hassett, Warsh and Waller are finalists for US Fed chair
The timetable for selecting a successor to Powell, whose term as chair expires in May, remains unclear President Donald Trump said that he…
Culture
US Fed rate-cut expectations climb following weak job market report
Disappointing employment data released on Friday (Sep 5) validated fears that the US labour market may be on the brink of a downturn and…
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Oil prices settle down more than 2% after weak US jobs report
Oil prices fell on Friday (Sep 5) as a weak US jobs report dimmed the outlook for energy demand, while swelling supplies may grow further…