News
Oil steadies as traders weigh up surplus concerns and sanctions
OIL steadied as traders weighed concerns about a glut and fallout from US sanctions against Russia at the start of a data-heavy week.Global benchmark Brent traded above US$63 a...
SingPost H1 profit down 12.8% at S$19.7 million amid divestments, tough e-commerce business
[SINGAPORE] Singapore Post (SingPost) posted a 12.8 per cent drop in net profit to S$19.7 million for its first half year ended Sep 30, from S$22.6 million in the...
Hong Kong poised to reclaim top global IPO ranking in 2025
Geopolitical tensions and regulatory backlash in the US against Chinese stocks are working in the city’s favour[HONG KONG] Hong Kong is well on track to finish 2025 as the...
US airlines brace for third day of government-mandated flight cuts
13,000 air traffic controllers and 50,000 security screeners have been forced to work without pay[WASHINGTON] Major airlines braced for a third day of government-mandated flight cuts on Sunday (Nov...
Plunge in Asia’s AI shares sows doubts over world-beating rally
The region’s sharpest decline since April – triggered by a tech-led sell-off on Wall Street – has refocused attention on cracks beneath the surface [SINGAPORE] The sudden slump in...
Industrial S-Reits deliver stable operating performance in Q3
Knight Frank Research expects industrial real estate indicators to remain resilient for the rest of this year as well as into early 2026[SINGAPORE] Industrial real estate investment trusts in...
Nvidia CEO Huang sees strong demand for Blackwell chips
[HSINCHU, Taiwan] Nvidia CEO Jensen Huang on Saturday said the semiconductor giant is experiencing “very strong demand” for its state-of-the-art Blackwell chips, as its appetite for wafers from TSMC...
Metsera accepts Pfizer’s US$10 billion bid in ongoing M&A battle
OBESITY drug developer Metsera said on Friday that it had accepted Pfizer’s US$10 billion acquisition offer, in what could spell the end of a bidding war between the New...
US warns it could force 20% flight cuts if shutdown continues
[WASHINGTON] US Transportation Secretary Sean Duffy warned on Friday he could force airlines to cut up to 20 per cent of flights if the government shutdown did not end,...
US: Wall Street ends mixed on signs of shutdown progress
[NEW YORK] The Nasdaq closed lower but the S&P 500 and the Dow eked out late-session gains on Friday as investors turned the page on a roller-coaster week with...
