News
US: Wall Street advances on hopes of government reopening
WALL Street’s main indexes opened higher on Monday (Nov 10), with risk sentiment aided by signs of progress in Washington to end a record US government shutdown that has...
Apollo to become majority shareholder in Atletico Madrid
[MADRID] US fund Apollo’s sports investment arm Apollo Sports Capital has agreed to become the majority shareholder in top-tier Spanish football club Atletico Madrid, the club said on Monday...
Riverstone Q3 earnings fall 28% to RM52 million
Revenue declines 17.1% due to lower prices for gloves amid more intense competition[SINGAPORE] Glovemaker Riverstone Holdings reported a drop of 28 per cent in net profit to RM52 million...
Jardine C&C posts improvements in non-Astra businesses for 9M 2025
It expects its full-year underlying profit to be ‘broadly similar’ to that of 2024 [SINGAPORE] Mainboard-listed Jardine Cycle & Carriage (Jardine C&C) expects its 2025 underlying profit to be...
Guinness-owner Diageo taps former Tesco chief Dave Lewis for CEO role
[BENGALURU] Diageo appointed former Tesco boss Dave Lewis as its CEO on Monday (Nov 10), ending a months-long search. The company is turning to an outsider to steer the...
DBS, Franklin Templeton launch Singapore’s first tokenised retail fund
The fund is available to DBS wealth clients and accredited investors, with retail access expected in Q1 2026[SINGAPORE] Investment manager Franklin Templeton on Monday (Nov 10) announced it is...
Hong Kong extends digital bond ambitions with 3rd offering
City looking to sell digital green bonds denominated in US dollars, Hong Kong dollars, euros and offshore yuanHONG Kong is marketing a new set of “digitally native” bonds denominated...
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins[BEIJING/SHANGHAI] China’s Internet platforms are quietly reviving consumer lending, taking Beijing’s...
OCBC shares continue rally, and close at new record of S$18.19 after encouraging Q3 results
[SINGAPORE] Shares of OCBC closed at a new all-time high on Monday (Nov 10), continuing a rally from last week.The counter rose 2.1 per cent to S$18.15 at 4.10...
Australian dollar climbs on US shutdown hopes, hits 12-year high on kiwi
[SYDNEY] The Australian dollar climbed on Monday amid hopes that the US government shutdown may end, while still hawkish commentary from a top central banker helped it extend a...
