Fashion
Thailand unveils 44-billion baht stimulus, targets growth above 2.2%
[BANGKOK] The Thai government will spend US$1.4 billion on a consumer subsidy programme and will roll out other stimulus measures to try to spark a sluggish economy and lift...
Indonesia takes another step towards B50 biodiesel
The country aims to make B50 mandatory in 2026, but it was unlikely to happen in January[JAKARTA] Indonesia took another step towards launching biodiesel containing 50 per cent palm-oil...
OpenAI’s golden touch spreads as stocks soar off mere mentions
Talk of an AI bubble has been growing louder in recent months, with some investors likening such trading to the dot-com euphoria[CHICAGO] OpenAI has already proved it has a...
DBS jumps 3% to new all-time high, drives market cap past S$150 billion
[SINGAPORE] Shares of DBS soared more than 3 per cent on Tuesday (Oct 7), driving its market capitalisation beyond S$150 billion. The counter hit S$54.80 at market close, continuing...
Eli Lilly to invest US$1 billion in India contract manufacturing
The investment plan comes days after US President Donald Trump announced a 100% tariff on imported branded or patented drugs[MUMBAI] Eli Lilly plans to invest more than US$1 billion...
Cboe gets nod to list firms in Australia in threat to ASX
With the approval, companies will be able to list on an exchange run by the US firm in the country[SYDNEY] Cboe Global Markets received regulatory approval to conduct stock...
Stocks to watch: CapitaLand Ascendas Reit, Thakral, ASL Marine, Del Monte Pacific
THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 7): CapitaLand Ascendas Reit (Clar) : The manager of Clar on Tuesday announced...
LG Electronics’ US$1.3 billion India IPO fully subscribed on first day
The share sale signals growing confidence that investor demand can absorb large issuances despite the headwinds facing the local stock market[MUMBAI] LG Electronics’ US$1.3 billion initial share sale in...
Goldman Sachs opens Kuwait office to expand Middle East presence
GOLDMAN Sachs has opened a new office in Kuwait, it said on Monday, in a bid to expand its services to regional clients and deepen its footprint in the...
RBNZ seen cutting cash rate with economists split over magnitude
The economy is projected to recover in the second half of the year, and policymakers may decide against a knee-jerk reaction to the poor GDP number[WELLINGTON] New Zealand’s central...
