Culture
Mandarin Oriental shareholders approve Jardine Matheson privatisation offer
Shareholders of Mandarin Oriental International on Monday (Dec 8) voted in favour of Jardine Matheson’s cash takeover bid that values the…
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Culture
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 US President Donald Trump signalled…
Culture
Oil falls 2% as Iraqi oilfield production restored, Ukraine talks continue
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…
Culture
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…
Culture
Private credit, core-plus infrastructure could offer ‘good risk-reward’ in 2026: Temasek CEO
Private credit and core-plus infrastructure assets could put investors looking to diversify from equities in a “good risk-reward” position…
Culture
US stocks open higher as investors await Fed rate cut decision
Wall Street’s main indexes opened modestly higher on Monday (Dec 8) as investors priced in expectations that the Federal Reserve will…
Culture
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 IBM said on Monday (Dec…
Culture
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 An Indonesian government task force…
Culture
Bank of England plans staffing cuts because of budget pressures
The Bank of England is planning to reduce head count as its finances become strained by the cost of the modernisations recommended by Ben…
Culture
Chinese court orders Malaysia Airlines to pay US$3.3m in compensation over missing MH370 plane
A Beijing court has ordered Malaysia Airlines to pay some families of missing passengers onboard flight MH370 a total of US$3.28 million…
Culture
Beijing court orders compensation for MH370 flight families
The eight passengers whose families were granted compensation have been declared legally deceased A Beijing court said on Monday (Dec 8)…
Culture
OCBC invests in low-carbon steel in Malaysia’s Sabah
The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated…
Culture
Singapore Airshow to mark 10th edition with first-ever space summit
A key topic to be discussed, the space economy, is projected to hit US$1.8 trillion in value by 2035 The inaugural Space Summit at the…
Culture
Singapore stocks end lower amid mixed regional trading; STI down 0.5%
Singapore stocks ended lower on Monday (Dec 8), amid mixed trading in the region. The benchmark Straits Times Index (STI) lost 0.5 per…
Culture
China's rare earth exports jump in November after Xi-Trump meeting
Exports in November jumped for a second consecutive month, by 26.5% from October to 5,493.9 metric tons China’s rare earth exports jumped…
Culture
Courts, Prism+ rapped by consumer watchdog for misleading website features
The watchdog urges consumers to review their shopping carts, verify payment amounts and question urgency claims The Competition and…
Culture
Largest Vietnam fund manager eyes UpCom listing in first quarter
The country has made notable progress this year in easing market access for overseas investors Vietnam’s biggest fund manager Dragon…
Culture
Crypto exchange Binance gains regulatory win in Abu Dhabi
Binance Holdings has won three separate licenses from Abu Dhabi’s financial regulator, giving the crypto exchange giant one of its most…
Culture
Shell resumes Indonesian sales after restrictions curbed supply
Shell has resumed petrol sales at its retail stations in Indonesia after import restrictions curbed supply and left its outlets…
Culture
Microsoft “aggressively” looking at South-east Asian clean energy projects amid data centre boom
The tech giant will also “take a very close look” at Singapore’s latest call to build new data centres Microsoft is looking into…
Culture
Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk
Oil prices hovered at two-week highs on Monday (Dec 8) as investors expect a likely US Federal Reserve interest rate cut this week to lift…
Culture
Too big to fail? IndiGo crisis exposes risks in Indian aviation
With US$9 billion in revenues and US$807 million in profits last fiscal year, the airline dominates India’s aviation sector A wave of…
Culture
Gold gains as Fed rate-cut optimism dents dollar
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing Gold prices edged higher on Monday (Dec…
Culture
Sembcorp confirms talks to buy Australia’s Alinta Energy
Sembcorp Industries on Monday (Dec 8) confirmed that it is in talks to buy Australian’s Alinta Energy, the country’s fourth biggest…