Culture
Thailand monetary policy should remain accommodative, central bank minutes show
The Bank of Thailand will keep monetary policy accommodative to support an economic recovery and remains ready to adjust policy settings…
Section
Culture
Culture
Commodity vessels clog China ports as fee imposed on US ships
The Asian nation has introduced a hefty extra fee on vessels known to have American links, following a similar America move Waiting times…
Culture
MAS to announce measures to help listcos deliver greater shareholder value in November: Chee Hong Tat
The Republic will be announcing more details of its “Value Unlock” programme in November, said Chee Hong Tat, Minister for National…
Culture
China says Dutch Nexperia seizure places supply chain at risk
Talks between the two governments come a week after the Dutch state seized control of Nexperia using an emergency Cold-War era law China’s…
Culture
Gold plunge knocks CNMC Goldmine off pedestal after 400% gain
This follows a recent wave of sell-offs amid profit taking by investors who fear that gold’s recent rally has left it overvalued Shares of…
Culture
Air New Zealand warns of first-half loss as weak bookings and rising costs bite
AIR New Zealand on Wednesday warned it would report a first-half loss after soft local economic conditions dented expectations for a…
Culture
Asia’s biggest stock exchanges push back against companies hoarding crypto
Three of Asia Pacific’s biggest stock exchanges are pushing back against crypto hoarding vehicles masquerading as listed companies. Hong…
Culture
AI not a reliable source of news, EU media study says
ARTIFICIAL intelligence assistants such as ChatGPT made errors about half the time when asked about news events, according to a vast study…
Culture
US Fed to trim rates twice more this year; 2026 rate path very unclear
The new forecast follows a recent shift in expectations by Fed policymakers toward additional reductions The Federal Reserve will lower…
Culture
Nasdaq profit tops estimates on higher trading volume, fintech demand
Nasdaq also saw broad-based growth across its financial technology and software divisions Exchange operator Nasdaq beat Wall Street…
Culture
Trump’s cane sugar push for Coca-Cola faces supply chain hurdles
The rollout of Coke made with US cane sugar is slow due to supply limits and business realities President Donald Trump pushed Coca-Cola to…
Culture
US: Wall Street opens flat as investors assess earnings for direction
Wall Street’s main indexes opened flat on Tuesday (Oct 21), as investors assessed a wave of quarterly earnings from corporate majors. At…
Culture
3M raises 2025 profit forecast as margin-focused strategy pays off
3M has leaned on product innovation under CEO Bill Brown, who took the helm in 2024 3M on Tuesday (Oct 21) raised full-year profit…
Culture
Coca-Cola tops quarterly revenue estimates on steady soda demand
It reported quarterly revenue of US$12.5 billion, compared with estimates of US$12.39 billion Coca-Cola’s revenue and profit exceeded Wall…
Culture
Lockheed Martin lifts 2025 forecasts on robust defence demand
The company’s total revenue rose 8.8% to US$18.61 billion in the third quarter, above analysts’ average estimate of US$18.56 billion US…
Culture
Bank of England’s Bailey warns First Brands, Tricolor collapses may herald worse to come
The recent collapses of US car parts maker First Brands and auto dealership Tricolor may be a warning of much bigger financial problems to…
Culture
OpenAI recruits ex-bankers to train AI to eliminate banking grunt work
Participants are paid US$150 per hour to write prompts and build financial models for a range of transaction types OpenAI has more than…
Culture
Soilbuild Construction mulls spin-off, SGX listing of precast and prefab business
Potential listing will be subject to market conditions, commercial negotiations and relevant regulatory and approvals Soilbuild…
Culture
Soilbuild Construction mulls spinoff, SGX listing of precast and prefab business
Potential listing will be subject to market conditions, commercial negotiations and relevant regulatory and approvals Soilbuild…
Culture
Overnight Wall Street rally lifts Singapore counters; STI rises 1.2%
Across the broader market, gainers outnumber decliners 429 to 199 after 1.6 billion securities worth S$1.7 billion change hands An…
Culture
Global carmakers race to beat China’s rare earths deadline
[LONDON/BERLIN] Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives…
Culture
Seatrium must manage its risks well as it tackles offshore headwinds
The company’s best defence is to broaden its non-oil and gas portfolio, in both geography and technology The unexpected termination of a…
Culture
Sea CEO Forrest Li sees path to US$1 trillion market cap with help of AI
But the company is battling deep-pocketed global challengers, including TikTok Shop and Lazada SEA founder Forrest Li told employees that…
Culture
Shares of doormaker surge as it secures planning permit for student accommodation in Australia
Shares of Singapore doormaker HS Optimus surged on Tuesday (Oct 21), after it secured a permit for a 14-storey purpose-built student…