Fashion
The 10 top-performing ETFs on SGX in Q3; China funds dominate
[SINGAPORE] Singapore Exchange’s (SGX) third quarter recorded robust results on the exchange-traded fund (ETF) market, according to a report released by SGX on Tuesday (Oct 28). The market hit...
Philippine peso poised for rebound as holiday remittances set to arrive
The currency has come under pressure following Bangko Sentral ng Pilipinas’ unexpected cut in the benchmark interest rate in early October[MANILA] The Philippine peso looks poised to rebound from...
Saudi AI chief vows to avoid Huawei tech in bid for US chips
The country is subject to American restrictions on AI chip exports, with shipments of advanced accelerators requiring a license from Washington[NEW YORK] Tareq Amin, the head of Saudi Arabia’s...
Asia: Stocks join Wall Street records as tech bull run quickens
ASIAN stock markets surged on Wednesday morning, matching record gains on Wall Street the previous day as investor confidence in AI tech and coming interest rate cuts in the...
SGAG parent company Hepmil sold to French Publicis Groupe for undisclosed sum
[SINGAPORE] Advertising and public relations giant Publicis Groupe announced on Wednesday (Oct 29) that it is acquiring Singapore-based Hepmil Media Group, the parent company of home-grown meme-page SGAG. The...
Toyota says it did not explicitly promise Trump new US$10 billion investment in US
[TOKYO] Japan’s Toyota Motor did not explicitly promise a new US$10 billion investment in the United States, a senior executive from the Japanese automaker said on Wednesday, a day...
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 12.9%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist[SINGAPORE] Shares of China Aviation Oil (CAO) surged 12.9 per cent or S$0.17 to close at...
Singapore grid faces test as EVs, data centres drive electricity demand higher
The intermittency of solar and wind power introduces new operational challenges for the grid[SINGAPORE] Keeping Singapore’s lights on is set to get more complex – with the Republic’s plans...
Wee Hur prices S$175 million fixed rate notes due 2030 at 4.8%
[SINGAPORE] Property developer Wee Hur on Tuesday (Oct 28) launched and priced its inaugural offering of S$175 million worth of fixed rate notes due in 2030 at 4.8 per...
Keppel Reit’s 9M distributable income falls 0.6% to S$159.6 million
[SINGAPORE] The manager of Keppel Real Estate Investment Trust (Reit) on Wednesday (Oct 29) posted a 0.6 per cent lower distributable income of S$159.6 million for the first nine...
Tesla’s Cybercab backup plan: sell it with a steering wheel
In short, it’s open to making it more like a normal vehicle that human drivers can control[AUSTIN] Tesla sees the forthcoming Cybercab as its long-promised more affordable electric vehicle...
Europe: Shares pause after record rally; earnings, US-China trade in focus
EUROPEAN shares retreated on Tuesday, after three consecutive sessions of record highs, as investors shifted their focus to corporate earnings from US-China trade developments.The continent-wide Stoxx 600 index closed 0.22...