Culture
More ECB rate cuts increasingly unlikely, Wunsch says
The chances of further interest rate cuts from the European Central Bank (ECB) are declining, given the economy’s resilience and inflation…
Section
Culture
Culture
Chinese milk tea brands are offering a playbook for South-east Asia’s next consumer wave
FOR years now, many have wondered whether Luckin Coffee would topple Starbucks as the world’s coffee chain of choice. Luckin has surpassed…
Culture
Oil set for weekly loss as global conflicts ease, signs of glut emerge
Oil prices managed small gains on Friday (Oct 17) but were headed for a weekly loss of nearly 3 per cent after the IEA forecast a growing…
Culture
Europe: Stocks fall as US bank jitters spark flight to safety
European shares fell on Friday (Oct 17), as signs of credit stress at US regional lenders unnerved investors and drove them into…
Culture
US: Wall Street ends higher as investors digest Trump trade comments
Wall Street ended higher on Friday (Oct 17) as investors assessed US President Donald Trump’s latest remarks on China, while quarterly…
Culture
Trafigura acquires warehousing firm Grafton’s Singapore business
The deal marks the metal trader’s return to the London Metal Exchange warehousing industry Trafigura Group has acquired a metals…
Culture
First Reit to divest Imperial Aryaduta Hotel & Country Club for 332.2 billion rupiah
Property is a non-core legacy asset within the healthcare-focused Reit’s portfolio that was already identified for disposal First Real…
Culture
US: Wall St opens mixed after Trump's trade comments
Wall Street’s main indexes were mixed at open on Friday (Oct 17) after US President Donald Trump confirmed the meeting with his Chinese…
Culture
Jardine Matheson to delist Mandarin Oriental at US$3.35 a share; Mandarin Oriental sells HK property for US$925 million
Controlling shareholder Jardine Matheson is moving to take Mandarin Oriental private in a recommended cash takeover valued at US$3.35 per…
Culture
Parkway Life Reit appoints Robin Hu as board chairman, Eng-Kwok Seat Moey as independent director
The manager of Parkway Life Real Estate Investment Trust (Reit) has appointed a new chairman and an independent director to its board, it…
Culture
Micron to exit China server chip market after failing to recover from 2023 ban: sources
The ban on Micron products in critical infrastructure has shut the company out of the country’s data centre expansion boom…
Culture
Singapore shares fall, tracking retreat in regional markets; STI down 0.6%
CapitaLand Integrated Commercial Trust is the top gainer on the benchmark index, rising 0.8% to S$2.38 Shares on the Singapore bourse…
Culture
Temasek-led consortium makes offer to delist China’s ANE in Hong Kong
The consortium is working with advisers on the take-private proposal, but the negotiations have been challenging [SINGAPORE/HONG KONG] ANE…
Culture
Microsoft wants us talking to Windows 11 with new AI features
Microsoft is trying to get people to talk to their computers, betting that voice and artificial intelligence software is powerful enough…
Culture
‘99-to-1’ transaction: PropNex says S$849,287 lawsuit against unit has been dropped
It is not expected to have a material impact on its financial position and performance A lawsuit against PropNex Realty, a wholly owned…
Culture
Bitcoin struggles to find momentum after historic wipeout
After a week-long rout that erased hundreds of billions in digital-asset value, Bitcoin has again failed to live up to its billing as a…
Culture
India already cutting Russian oil imports by 50% after US talks, White House official says
The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50 per cent,…
Culture
From outdated to unstoppable: The rise of mainland brands in Hong Kong
Unlike flashy newcomers such as Laopu Gold, brands from the city appear traditional and rigid, with dated reputes COMPARED with the…
Culture
Asia: Stocks fall with Wall Street as US credit fears add to worries
ASIAN stocks tracked losses on Wall Street on Friday amid fresh credit market fears that compounded worries about trade tensions, a…
Culture
Singapore grants conditional approval to import Sarawak hydropower; companies studying new 2GW energy link with Malaysia
The deals contribute to Singapore’s plans to import 6 GW of clean power by 2035 The Republic and Malaysia on Friday (Oct 17) announced…
Culture
Australia: Shares slip from record high as energy, tech stocks drag
AUSTRALIAN equities pulled back on Friday from a record high notched the day before, as losses in energy and tech stocks outweighed gains…
Culture
Nio closes 2.7% higher after rebounding from plunge following GIC lawsuit
Morningstar says the lawsuit’s allegations are not expected to have material impact on the company’s operations Shares of Nio recovered on…
Culture
Nintendo aims to make 25 million Switch 2 units by end of March
The Japanese firm is counting on demand to persist over the holidays and into the new year NINTENDO has asked suppliers to produce as many…
Culture
CapitaLand Investment’s Ascott signs seven new properties in Austria and Spain
The new signings bring its European portfolio to 64 properties and almost 8,500 units Real estate asset manager CapitaLand Investment’s…