News
US: Wall St falls at open with eyes on Nvidia earnings, data
[NEW YORK] Wall Street’s main indexes fell at the open on Monday (Nov 17), heading into a packed week that includes AI bellwether Nvidia’s results and the resumption of...
StarHub prices S$300 million notes due 2035 at 2.55%
[SINGAPORE] Telco StarHub priced on Monday (Nov 17) its issue of S$300 million worth of notes due in 2035 at 2.55 per cent, under its S$2 billion multi-currency debt...
Air India to resume flights to China after nearly six years
[NEW DELHI] Air India said on Monday (Nov 17) it will resume New Delhi-China flights starting February 2026, nearly six years after suspension, as recent diplomatic steps are seen...
Carlsberg may sell some Asia operations, Sapporo in talks
DANISH brewer Carlsberg is considering selling part of its Asian operations, and Sapporo Holdings has emerged as a top candidate to make the purchase, people familiar with the matter...
SGX to launch Bitcoin, Ethereum perpetual futures on Nov 24
[SINGAPORE] The Singapore Exchange (SGX) will introduce Bitcoin and Ethereum perpetual futures on Nov 24 to meet rising institutional crypto demand, bridging traditional finance and crypto-native ecosystems.These contracts will...
SIA Group passenger traffic up 5.3% in October
[SINGAPORE] Passenger traffic for Singapore Airlines (SIA) and Scoot rose 5.3 per cent year on year in October.The increase in the two airlines’ traffic outpaced a 3.7 per cent...
Minimum fare for Grab drivers to rise by S$0.50 to S$5.80 from Nov 24
It follows Grab’s recognition of the NTUC-affiliated National Taxi Association to represent taxi drivers on its platform[SINGAPORE] The minimum fare for Grab drivers will increase by S$0.50 for most...
L’Oréal buys second Chinese skincare stake as C-Beauty brands snare market share
[BEIJING] Cosmetics giant L’Oreal said on Monday (Nov 17) it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its second investment in recent months in...
Geely profit climbs despite competition, regulatory scrutiny
[HONG KONG] Geely Automobile Holdings’ third-quarter profit rose as an ongoing discounting campaign turbo-charged sales. Net income rose 59 per cent in the three months ended Sep 30 from...
MAS imposes S$137,000 penalty on Alpha Energy’s ex-managing director for insider trading
He has also given a voluntary undertaking not to be a director or be involved in the management of a company for two years[SINGAPORE] The Monetary Authority of Singapore...
Asia: Markets struggle as fears build over tech rally, US rates
ASIAN markets struggled on Monday on simmering concerns that the Federal Reserve will not cut interest rates as hoped next month, while fears of a bubble continue to weigh...
Indonesia’s instant noodle players take off as global markets expand with rise of ‘super-premium’ packs: report
Analysts are cautious on other Asian brands Nissin Foods and Uni-President China, however[SINGAPORE] Instant noodle brands from Indonesia are fierce, up-and-coming contenders within emerging markets, noted a report by...