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New Zealand central bank cuts cash rate by 25 bps
Published Wed, May 28, 2025 · 10:39 AM[WELLINGTON] New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as...
Gold stages rebound as US dollar, Treasury yields slip
Published Wed, May 28, 2025 · 09:38 AM[BENGALURU] Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields...
Stocks to watch: OCBC, Amara, Valuetronics
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 28).OCBC: The bank announced on May 27 key leadership changes to its...
GM to invest US$888 million for engine production at New York facility
Published Wed, May 28, 2025 · 07:39 AM[DETROIT] General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,...
Drawing secondary listings to SGX may not move the needle much, but every little bit helps
AMONG the recent slew of proposals unveiled to boost the attractiveness of the local bourse to investors and companies was one relating to secondary listings. The Monetary Authority of Singapore...
Oil prices ease as US-Iran talks, Opec+ plans spur supply concerns
[HOUSTON] Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress in their talks and on expectations that...
US: Stocks jump on easing tariff worries, lower bond yields
[NEW YORK] Wall Street stocks jumped on Tuesday after President Donald Trump pushed back tariffs on Europe while US Treasury bond yields retreated following last week’s surge.Trump on Monday said he...
Salesforce to acquire Informatica for $8 billion in latest AI push
Software company Salesforce said Tuesday it’s buying Informatica, which provides businesses with artificial-intelligence-powered data management tools, for $8 billion. The acquisition, one of Salesforce’s largest purchases, underscores how Bay...
Trump Orders to Halt All Student Visa Interviews in Social Media Vetting Push, Throwing $44 Billion Education Business into Chaos
The Trump Administration has ordered U.S. embassies to suspend all student visa processing as part of the president's efforts to tighten oversight of the country's higher education system. Donald...
RFK Jr. Makes Bombshell Announcement that Covid Vaccine Will No Longer be Recommended for Healthy Children and Pregnant Women
Millions across the U.S. will soon no longer receive routine offers for the Covid-19 vaccine. Health and Human Services Secretary Robert F. Kennedy Jr. announced on Tuesday that the...
Oil Prices Dip Amid OPEC+ Output Talks and Lingering US-Iran Nuclear Tensions
Oil prices fell on Tuesday in anticipation of an important meeting of the OPEC+ alliance, where a decision on increasing oil output is expected. Brent crude fell 31 cents to $64.42...
Asian Markets Show Resilience Despite Global Trade Uncertainty and US Policy Shifts
Asian markets traded in a mixed pattern Tuesday as global investors reacted to the latest in trade developments and shifting U.S. Treasury yields.Regional markets ended last week on the back foot...