Culture
Yen gains as some BOJ policymakers see rate hike soon
THE Japanese yen rose off a five-month low against the dollar on Friday (Dec 27) after a summary of opinions from the Bank of Japan’s…
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Culture
Culture
Hong Kong IPO market stages comeback after dismal 2023
INVESTORS in the Hong Kong initial public offering (IPO) of Chinese cosmetics firm Mao Geping Cosmetics received an early Christmas…
Culture
US dollar eyes best year in almost a decade
The US dollar is headed for its best year in almost a decade as US economic strength reins in expectations for the Federal Reserve’s…
Culture
Trump asks Supreme Court to pause law threatening TikTok ban
PRESIDENT-ELECT Donald Trump thrust himself into the high-stakes fight over the fate of TikTok in the US by urging the Supreme Court to…
Culture
US plans more actions against China over telecom hack
A WHITE House official said on Friday (Dec 27) that the US identified a ninth telecommunications company impacted by a wide-ranging…
Culture
China plans dam near India that could be world’s biggest
CHINA is pressing ahead with plans to construct a mega-dam near its contested border with India, a colossal undertaking that could…
Culture
Taiwan’s science ministry warns spending cuts could hit chips, AI funding
TAIWAN’S science ministry warned on Friday (Dec 27) that funding for areas such as semiconductors, artificial intelligence (AI) and…
Culture
Drone maker Baykar gets nod to buy Italy’s Piaggio Aerospace
TURKEY’S Baykar Makina Sanayi ve Ticaret Anonim Sirketi got a green light from Italian authorities to buy aviation and defence company…
Culture
Bezos’ Blue Origin gets FAA license for its first New Glenn rocket launch
THE Federal Aviation Administration (FAA) said on Friday (Dec 27) that it has issued a commercial space launch license for Blue Origin’s –…
Culture
JBS, Marfrig shares tumble as China launches beef-import probe
SHARES of JBS, the world’s biggest meat company, and other Brazilian beef producers slumped on the news that China is starting a probe…
Culture
Oil settles up over 1% on large draw from US crude stocks
OIL prices settled more than 1 per cent higher on Friday (Dec 27) and recorded a weekly gain in low trading volume ahead of year-end,…
Culture
Europe: Shares close out holiday-affected week higher on finance, healthcare boost
EUROPE’S Stoxx 600 index clocked its first weekly advance in three on Friday (Dec 27), boosted by advancing healthcare and financial…
Culture
Singapore’s blue-chip gauge closes 0.3% higher
Gainers beat decliners 261 to 215 across the broader market, with 852.8 million securities valued at S$538.9 million being transacted…
Culture
Singapore’s container throughput hits over 40 million TEUs in 2024, breaks record
THE box throughput handled by the Singapore port in 2024 surpassed 40 million twenty-foot equivalent units (TEUs), exceeding its record of…
Culture
All fuelled up: Renewable energy wave pushes this Singapore stock to surge more than 370% this year
Singapore shares have had a very good year, as they outperformed many of their regional peers. That performance has mostly been on the…
Culture
Vietnam says to impose 97% anti-dumping duty on Chinese wind towers
VIETNAM will impose an anti-dumping levy of 97 per cent on wind towers originating from China following a 15-month investigation, the…
Culture
Philippine central bank extends 2% to 4% inflation target through 2028
THE Philippines’ central bank said on Friday (Dec 27) it will maintain its current annual inflation target of 2 to 4 per cent through to…
Culture
Asia: Japanese shares gain on weaker yen after Christmas break
JAPANESE stocks rose on Friday (Dec 27) on a weaker yen after a muted day on Wall Street following the Christmas holiday. Japan’s key…
Culture
For Honda, a Nissan rescue comes with only a thin silver lining
ASKED what makes Nissan Motor a strong business partner, Honda Motor chief executive officer Toshihiro Mibe struggled to find the right…
Culture
Gold set for weekly gain; focus on incoming Trump administration, US Federal Reserve’s 2025 path
GOLD prices were trading flat on Friday (Dec 27), but were set for a weekly rise, as markets awaited signals on the US economy under the…
Culture
Nio’s mass market push draws scorn as EV maker promises a profit
IT’S a wonder three little headlights can stir up such debate. But that’s what many netizens in China have been driven to comment on…
Culture
China Eastern to debut C919 on Shanghai-Hong Kong route in January
CHINA Eastern Airlines will launch the first commercial cross-border service operated by C919 between Shanghai and Hong Kong on Jan 1,…
Culture
Stocks to watch: CSE Global, Singapore Institute of Advanced Medicine
THE following companies saw new developments that may affect the trading of their securities on Friday (Dec 27): CSE Global: The…
Culture
Repo rates rise even after Federal Reserve tweak meant to dampen volatility
KEY rates tied to the US overnight funding market are rising, even after the Federal Reserve adjusted some of its tools in an effort to…