News

Nasdaq 100 ends November in recovery mode
THE Nasdaq 100 entered the final stretch of November 2025 in recovery after a sharp mid-month pullback. The index had reached fresh all-time highs between October and early November...
OCBC’s Lion Global Investors bets on mid-caps and gold investments
CEO Teo Joo Wah notes that the mid-cap segment is more labour-intensive in terms of research effort but is optimistic that it will pay off[SINGAPORE] The mid-cap segment of...
Opec+ holds oil output steady, agrees capacity mechanism
Other members, such as African countries, have seen declines in production capacity but are resisting quota cuts[LONDON/MOSCOW] The Organization of the Petroleum Exporting Countries and allies led by Russia...
Australia house prices climb in November amid record unaffordability, Cotality says
AUSTRALIAN home prices rose in November with large gains in several state capitals, amid a record level of housing unaffordability, property consultant Cotality said on Sunday (Nov 30).Prices increased...
Wall Street predicts rebound in Indian markets after tough year
AFTER one of India’s worst years of market underperformance in decades, some of Wall Street’s biggest names are calling for a rebound.Morgan Stanley, Citigroup and Goldman Sachs Group are...
Seatrium to start its own arbitration in US$475 million contract termination dispute 
The contract, which is 98.9 per cent complete, is for the construction of a wind turbine installation vessel in an US offshore wind farm[SINGAPORE] Seatrium is starting its own...
Why you should cheer PE pessimism
Valuations do not predict stocks’ direction as decades of history prove present fears falseARE stocks “too expensive” these days? The bears boldly believe so – claiming that elevated price/earnings ratios...
Singtel tops buybacks; Soon Hock and EnGro chairs boost stakes; Sanli eyes growth with placement
[SINGAPORE] Over the five trading sessions from Nov 21 to 27, institutions were net sellers of Singapore stocks, with net institutional outflow of S$552 million extending the S$131 million...
Bank Indonesia seeks rate cuts while balancing stability, growth
Tariff worries have made the rupiah South-east Asia’s worst-performing currency this year[JAKARTA] Bank Indonesia (BI) will strike a balance between encouraging currency stability and supporting economic growth, even as...
China’s robotics stocks face investor scrutiny over bubble fears
Beijing has been on a so-called anti-involution drive this year, aiming to curb destructive competition across industries[BEIJING] Investor hype over Chinese robotics stocks is giving way to deepening unease,...
Worldwide markets roiled by data-centre snafu in Chicago suburb
The centre has continued to serve as a key node for traders across the globe, and the impact was felt broadly[NEW YORK] One of the first signs of trouble...
Temasek eyes stake in Quest Global at US$4.6 billion pre-IPO price
The company is preparing for an IPO in India, joining a wave of companies tapping the country’s buoyant capital markets[MUMBAI] Singapore state investor Temasek Holdings is in advanced talks...