Entrepreneurship
Malaysia holds key rate as economy proves resilient to tariffs
Standing pat gives the central bank room to act decisively if conditions worsen next yearMALAYSIA kept interest rates unchanged as the central bank remained confident that the economy can...
Malaysia’s central bank holds key rate at 2.75%, as expected
[KUALA LUMPUR] Malaysia’s central bank held its benchmark interest rate steady at its final policy review of the year on Thursday (Nov 6), as expected by economists, amid subdued...
Japan, US consider rare earth mining near Minamitori in Pacific: PM Takaichi
If the initial tests are successful, the project aims to launch trial operations of a system capable of recovering 350 tonnes of mud per day from January 2027[TOKYO] Japan...
Japan’s trading houses brace for more pain from China steel glut
The industrial metal is trading significantly above the US$9,900 per tonne that Marubeni is forecasting as its average for the next six months[TOKYO] Japan’s major trading houses are facing...
China’s robotaxi firms Pony.AI and WeRide sink on Hong Kong debut
SHARES in Chinese self-driving start-ups Pony.AI and WeRide tumbled on their Hong Kong debuts on Thursday, after raising more than US$1.1 billion, with experts warning China is not yet...
UOB’s nearly S$1 billion in extra allowances akin to ‘buying insurance’: CEO Wee Ee Cheong
[SINGAPORE] UOB’s decision to increase allowances by almost S$1 billion – which led net profit to tumble by more than two thirds – for the latest quarter is “very...
Nissan sells Yokohama headquarters for 97 billion yen as part of restructuring
[TOKYO] Nissan Motor said on Thursday it has concluded a 97 billion yen (S$840 million) trust beneficiary rights transfer agreement to sell and leaseback its global headquarters in Yokohama,...
DBS shares soar more than 3.8% to hit a record high, after posting earnings that beat forecasts
Lender’s Q3 net profit is S$2.95 billion – higher than the S$2.79 billion estimated in survey[SINGAPORE] Shares of DBS rocketed more than 3 per cent on Thursday (Nov 6),...
Stocks to watch: DBS, UOB, PropNex, LHN, Coliwoo, Lendlease Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 6): Source link
Thailand’s longer tenor bonds beckon global funds after rout
Investors still expect the BOT to cut rates even as the government recently upgraded the nation’s growth forecast[BANGKOK] Thailand’s longer tenor bonds are drawing in global investors after a...
