News
Oil falls on drawn-out Ukraine peace talks, all eyes on upcoming Opec+ meeting
Saudi Arabia is expected to lower its January crude price for Asian buyers for a second month to its lowest in five years[HOUSTON] Crude futures fell marginally on Friday...
European shares clock monthly gains on Fed rate cut hopes
Next week, investors expect some focus on Russia-Ukraine peace talks.[BENGALURU] European shares ended higher on Friday (Nov 28), capping a strong weekly advance and closing the month on a...
Wall St opens higher, futures resume trade after outage
[NEW YORK] Wall Street’s main indexes opened higher on Friday (Nov 28) with futures trading springing back to life from an hours-long CME Group outage that had temporarily frozen...
CIMB Q3 profit up 2.3% at RM2.08 billion
[SINGAPORE] CIMB’s net profit for the third quarter ended Sep 30 rose 2.3 per cent to RM2.08 billion (S$653.5 million) from RM2.03 billion in the year-ago period, the company...
How ‘Stranger Things’ became Netflix’s ‘Star Wars,’ propelling it into Hollywood’s stratosphere
Before the sci-fi series “Stranger Things” premiered on Netflix, several traditional studios had already passed on it. Its creators were first-time show runners, unknown young actors were cast in...
CME trading halted due to cooling issue at data centres
[SINGAPORE] Exchange operator CME Group said on Friday trading in derivative markets was halted due to a cooling issue at data centres.“Support is working to resolve the issue in...
Asian markets struggle to build on week’s rally
MARKETS fluctuated on Friday at the end of a strong week for equities fuelled by growing expectations that the Federal Reserve will cut interest rates again next month.Traders took...
OKP shares soar as much as 7.5% on proposed bonus share issue
[SINGAPORE] Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent on news of its proposed bonus issue of up to 231.3 million shares.The...
Singapore Flyer operator Straco Q3 profit down 8% at S$10.7 million
[SINGAPORE] Singapore Flyer operator Straco posted a net profit of S$10.7 million for its third quarter ended Sep 30, 8 per cent down from S$11.7 million in the year-ago...
Britain tries to fix its frayed relations with world’s rich
TECH billionaires, the owners of Premier League football teams and heirs to some of Europe’s oldest fortunes all recently left the UK because of higher taxes. Now, Britain’s finance...
