Culture
US: Wall Street indexes end up as investors weigh inflation data
Investors are also bracing for a potential government shutdown, which could disrupt data releases and add uncertainty to the markets US…
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Culture
Culture
Europe: Shares recover from three-week lows, but weekly momentum fizzles
Traders now expect about 39 basis points of cuts by December, a slight pullback from earlier bets of over 40 bps, according to LSEG data…
Culture
Lufthansa to cut thousands of jobs in pursuit of efficiency
The airline group intends to reduce its administrative staff by 20% in the coming years Lufthansa is expected to announce several thousand…
Culture
ByteDance to get about 50% of TikTok US profit under Trump deal: sources
TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority…
Culture
Miniso to spin off Top Toy, list it in Hong Kong
The spinoff and subsequent listing would increase Top Toy’s operational and financial transparency Miniso said on Friday (Sep 26) it will…
Culture
US: Wall Street opens higher after inflation data calms rate-cut jitters
Wall Street’s main indexes opened higher on Friday (Sep 26), after the latest inflation data came in line with expectations, easing…
Culture
Wilmar maintains profit expectations; CEO scoops up S$2.7 million of shares as stock falls
Despite a verdict from the Indonesian Supreme Court requiring Wilmar International to pay five billion rupiah (S$387,047) worth of fines…
Culture
China's central bank pledges to step up policy support for growth
China’s central bank said on Friday (Sep 26) it will step up monetary policy adjustments and strengthen coordination between monetary and…
Culture
Sasseur Reit manager’s CFO Xie Jianfeng resigns
The manager of Sasseur Reit said on Friday (Sep 26) that its chief financial officer (CFO), Xie Jianfeng, has resigned. Xie had been CFO…
Culture
China tightens EV export rules with permits required from 2026
The move aims to promote the “healthy development” of the country’s EV industry China’s automakers will need permits to export electric…
Culture
CapitaLand China Trust’s manager appoints Yan Lintong as CFO-designate
The 42-year-old will work with current chief financial officer Tan Siew Bee for a smooth transition ‘in the next few months’ The manager…
Culture
Indonesia central bank to use all available instruments 'boldly' to stabilise rupiah
The central bank is certain that currency stabilisation efforts will guide the rupiah to reflect fundamental value Indonesia’s central…
Culture
What does 11.9 trillion rupiah in cash look like? For Wilmar, it could spell trouble
Loss of the ‘security deposit’ in relation to an Indonesian probe could account for a 65% drop in FY2025 earnings, according to DBS and…
Culture
‘Finally’: Citi investment strategist lauds SGX initiatives, says ‘no reason’ Hong Kong should dominate Asian equity markets
It is great that Singapore is “finally” doing something about its equity markets, said Ken Peng, head of Asia investment strategy at Citi…
Culture
Shares of Asian drugmakers drop after Trump threatens tariffs
Shares of Asian drugmakers mostly fell on Friday after US President Donald Trump threatened 100 per cent tariffs on imports of branded…
Culture
Trump declares TikTok deal meets requirements to avoid US ban
President Donald Trump on Thursday signed an executive order declaring that an announced deal on a US version of TikTok would meet the…
Culture
Billionaire Xiaomi founder Lei Jun debuts a US$630 answer to iPhone 17
Lei challenges Apple directly, shifting Xiaomi’s branding and timing to rival the US company’s best Xiaomi’s billionaire co-founder…
Culture
11 enterprises and individuals honoured at 2025 Sustainability Impact Awards
Asset manager Keppel, Singapore Management University (SMU) president Lily Kong and Edible Garden City co-founder Bjorn Low clinched top…
Culture
US: Wall Street opens lower as investors reassess rate-cut hopes
Wall Street’s main indexes opened lower on Thursday (Sep 25), as fresh economic data and remarks from a Federal Reserve official tempered…
Culture
Bosch to cut 13,000 jobs to bring down costs in tough autos market
Germany’s Robert Bosch will cut 13,000 jobs as the world’s top autos supplier battles a sluggish market, high costs and pressure from…
Culture
Influencers say the ‘not financial advice’ disclaimer is insufficient, as MAS issues warnings to five content creators
But they say MAS guidelines will make them more careful about the clients they choose to work with Getting your financial education from…
Culture
Singapore stocks track regional declines on Thursday; STI down 0.4%
Across the broader market, losers beat gainers 280 to 264, as 1.8 billion securities worth S$1.5 billion change hands Local shares ended…
Culture
Centurion Accommodation Reit opens 11.4% above IPO price on SGX debut
Units of Centurion Accommodation Real Estate Investment Trust (Reit) rose 11.4 per cent on Thursday (Sep 25) as it made its debut on the…
Culture
LVMH bets on South Korea to spur growth on US, China uncertainty
LVMH is ramping up its expansion in South Korea, with the luxury conglomerate looking to diversify its global presence as geopolitical and…