News

Wingtech urges Nexperia to respond on control dispute as it appeals Dutch decision over ownership
The Dutch suspend their Nexperia intervention but but do not revoke the original Sep 30 ruling[AMSTERDAM/BEIJING] Chinese semiconductor company Wingtech on Sunday (Nov 23) has escalated its dispute with...
Investors eye holiday season turbulence amid AI and rate cut doubts
A crucial uncertainty set to dog markets in coming days is whether the Fed will cut rates at its Dec 9 to Dec 10 meeting[NEW YORK] Stock market investors...
World-beating stock rally creates new headaches in South Korean market
Up 61% so far in 2025, Kospi is on track to post their strongest gains in a quarter century[SEOUL] The words ‘Kospi 4,000’ have been glowing in gaudy yellow...
Making SGX small and mid-caps great again: MAS-appointed fund managers could lead charge
Many of 240 such stocks neglected despite robust fundamentals; nine funds named so far under S$5b scheme to energise local equity could spark re-rating[SINGAPORE] Singapore’s 240 small and mid-cap...
Meta buried ‘causal’ evidence of social media harm, US court filings allege
[SAN FRANCISCO] Meta shut down internal research into the mental health effects of Facebook and Instagram after finding causal evidence that its products harmed users’ mental health, according to...
Positive momentum for office S-Reits as vacancy rates ease and rents climb
[SINGAPORE] In the third quarter of 2025, the Urban Redevelopment Authority reported a modest tightening in office vacancy rates, easing to 11.2 per cent from 11.4 per cent in...
Banks get US$2.6 trillion from deregulation, Jefferies says
[NEW YORK] Looser regulation for US banks is expected to unlock some US$2.6 trillion in lending capacity for large financial institutions, according to Jefferies analysts, cementing the richer valuation...
Judge temporarily blocks OpenAI from using ‘Cameo’ in video-making app Sora
A federal judge has temporarily blocked OpenAI’s use of several monikers, including “Cameos” and “CameoVideo,” for elements of its Sora artificial intelligence video generation products and marketing.U.S. District Judge...
Thai central bank sees room for rate cut, wants a weaker baht
THAILAND’S newly-appointed central bank governor says the baht should be weaker to reflect economic fundamentals, and there is room to ease monetary policy further.The baht’s strength is a result...
Canva’s Obrecht says firm eyeing IPO in ‘next couple of years’
[SYDNEY] Canva, Australia’s most high profile startup, has had a surge in users of its new product suite as it builds toward listing as a public company, one of...
Judge in Google ad tech case seeks quick fix for web giant’s monopolies
[ALEXANDRIA] The US judge considering whether to order a breakup of Google’s advertising technology business asked the Department of Justice (DOJ) on Friday (Nov 21) how quickly such a...
Exxon freezes plans for major hydrogen plant amid weak customer demand
[HOUSTON] Exxon Mobil has paused plans to build what would be one of the world’s largest hydrogen production facilities due to weak customer demand, CEO Darren Woods told Reuters...