Entrepreneurship
Thai central bank worried over disconnect as global markets soar
[BANGKOK] The disconnect between the real economy and record-high financial markets worldwide is worrying, according to the Bank of Thailand (BOT), as asset prices soar despite mounting shifts in...
Top Glove shares surge 7.3% to two-month high on return to full-year profitability
The group attributes its improved performance to the higher demand for gloves and its cost efficiency[SINGAPORE] Shares of Top Glove soared on Friday (Oct 10) morning after the Malaysian...
Bank of Singapore’s new AI tool does in one hour what used to take 10 days
Besides being a time saver, the tool cuts down on human error from examining documents on clients’ employment, business and investment history [SINGAPORE] Bank of Singapore (BOS) has launched...
US SEC offers relief for IPOs stuck in limbo during shutdown
Companies launching initial public offerings while most of the government is closed will not have to include a specific price in their documents filed with the market regulator[WASHINGTON] The...
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind[SINGAPORE] Seatrium on Friday (Oct 10) announced that it had received a termination notice...
Stocks to watch: Seatrium, Thakral, Fu Yu, Capital World
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Oct 10): Source link
Trump proposes barring Chinese airlines flying over Russia on US flights
The push comes amid growing tension between China and America over a series of economic issues[WASHINGTON] The Trump administration on Thursday (Oct 9) proposed banning Chinese airlines from flying...
US hits firms moving Iranian oil and major China crude terminal
The latest designations by the Treasury Department mark the latest effort by Washington to target the Beijing-Tehran energy trade[LONDON] The US sanctioned more than 50 individuals, firms and vessels...
Silver hits US$50 for first time in decades
While gold is traditionally viewed as a hedge against riskier assets such as stocks, it often falls during broad market selloffs as investors sell their holdings to cover losses...
US dollar mixed as yen selloff wanes, euro hit by French politics
[NEW YORK] THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political...
