Culture
Oil prices settle up 1% at 2-week high as Ukraine war intensifies
OIL prices climbed about 1 per cent on Friday (Nov 22), settling at a two-week high, as the intensifying war in Ukraine this week boosted…
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Culture
Culture
Europe: Stoxx 600 jumps over 1% to one-week high on real estate boost
EUROPEAN real estate stocks surged, propelling the benchmark index to a one-week high on Friday (Nov 22), while easing of geopolitical…
Culture
Soybean, used cooking oil markets brace for more uncertainty as Trump tariffs loom
Prices may suffer, should Beijing – the world’s largest consumer and importer of soybeans – impose retaliatory taxes UNCERTAINTY reigns…
Culture
US: Wall St opens muted ahead of business activity data; geopolitical tensions in focus
Wall Street’s main indices had a subdued start on Friday (Nov 22) as investors awaited a business activity survey and monitored…
Culture
Trump's return could extend US stocks' dominance over global rivals
US stocks are extending their lead over global peers, and some investors believe that dominance could grow if President-elect Donald Trump…
Culture
CDL and joint ventures post S$611.1 million in Q3 sales, driven by Kassia launch
CITY Developments Limited (CDL) and its joint venture associates recorded S$611.1 million in sales for the third quarter ended Sep 30,…
Culture
Paragon Reit to divest its majority stake in Australian shopping mall for A$192 million
Trust holds an 85 per cent interest in property; remainder is held by listed fund manager MA Financial PARAGON Reit Management, the…
Culture
China's bottled water billionaire lashes out at Pinduoduo, ByteDance
One of China’s richest people has taken aim at tech firms ByteDance and Pinduoduo for allegedly harming him and Chinese brands. Zhong…
Culture
Global banks weigh halting fresh credit to India's Adani after US indictment
Some global banks are considering temporarily halting fresh credit to India’s Adani Group but staying put with existing loans following US…
Culture
S&P lowers outlook on three Adani units after US indictment of founder
S&P GLOBAL Ratings lowered its outlook on three Adani Group entities to ‘negative’ from ‘stable’ on Friday (Nov 22), citing risks to…
Culture
Asian LNG jumps to highest this year as European benchmarks rise
NORTH Asia spot liquefied natural gas (LNG) prices jumped to the highest level this year on increased competition from Europe for the…
Culture
Near-term volatility drives SGX to 17-year peak on higher turnover
SGX is benefiting from the 15.7% advance in the Singapore stock market so far this year SHARES of Singapore Exchange (SGX) charged to…
Culture
Hot stock: ThaiBev rises 2.9% on married deals after results release
SHARES of Thai Beverage (ThaiBev) climbed in early trade on Friday (Nov 22) morning, after the beverage company released its financial…
Culture
AirAsia founder plots low-cost Dubai-like hub in Bangkok, Kuala Lumpur
AIRASIA hopes to emulate Dubai’s success in connecting the world, but in a low-cost format from places such as Bangkok and Kuala Lumpur as…
Culture
Singapore stocks open higher on Friday; STI up 0.3%
SINGAPORE stocks started trading on Friday (Nov 22) higher as a better-than-expected quarterly gross domestic product and a higher…
Culture
Philippine bourse sees up to US$2.4 billion fundraising in 2025
THE Philippine Stock Exchange (PSE) expects fundraising activities to grow next year with more companies looking to go public, as the…
Culture
Philippine bourse sees up to 140b pesos of fundraising in 2025
THE Philippine Stock Exchange (PSE) expects fundraising activities to grow next year with more companies looking to go public, as the…
Culture
Stocks to watch: Thai Beverage, BRC Asia, TSH Resources, Lum Chang
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 22): Thai Beverage (ThaiBev): The…
Culture
Apple readies more conversational Siri in bid to catch up in AI
APPLE is racing to develop a more conversational version of its Siri digital assistant, aiming to catch up with OpenAI’s ChatGPT and other…
Culture
Gap raises annual sales target betting on steady holiday demand
GAP raised its annual sales forecast on Thursday (Nov 21) and said the holiday season was off to a “strong start”, sending its shares up…
Culture
German auto supplier Bosch to reduce hours for 450 employees due to tough economy
GERMAN auto parts supplier Robert Bosch will reduce the hours, and consequently the pay, of 450 employees in Germany from next spring,…
Culture
BRC Asia H2 profit rises 11% to S$55 million on sale of associate
STEEL solutions provider BRC Asia posted an 11 per cent rise in net profit to S$55 million for its second half ended Sep 30, 2024, from…
Culture
China’s Trustar raises US$1 billion for vehicle that holds McDonald’s China stake: sources
TRUSTAR Capital has raised US$1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake in…
Culture
Lum Chang proposes listing interior fit-out business on Singapore Catalist
CONSTRUCTION company Lum Chang is mulling over plans to spin off its interior fit-out business in a listing on the Singapore Exchange’s…