News
Stoneweg Europe Stapled Trust 9M distributable income falls 4.6% to 57.6 million euros
[SINGAPORE] The distributable income of Stoneweg Europe Stapled Trust (Sert) declined 4.6 per cent to 57.6 million euros (S$86.5 million) for the nine months ended Sep 30, from 60.4...
S$1 billion jump in allowances slash UOB Q3 profit to S$443 million
Move made ‘amid evolving macroeconomic conditions’; operating results down 16% at S$1.8 billion[SINGAPORE] UOB ’s net profit for the third quarter ended Sep 30, 2025, fell as the lender...
Qatar Airways sells entire Cathay Pacific stake for US$897 million
The Middle Eastern carrier has pursued a strategy of investing in airlines worldwide to strengthen its competitive position[BENGALURU] State-owned Qatar Airways has decided to sell its entire stake in...
British stablecoin regime to keep pace with US, official says
The UK central bank will unveil its proposed regime on stablecoin regulations on Monday[LONDON] Bank of England (BOE) deputy governor Sarah Breeden said that new stablecoin rules will be...
Europe: Shares close higher with earnings in spotlight; tech stocks waver
EUROPEAN shares recovered towards the close to end higher on Wednesday, after falling earlier in the session when a selloff in technology stocks weighed on markets, while investors assessed corporate...
Bill Gates doesn’t regret his controversial climate memo
Last week, Bill Gates published a 17-page memo on his personal website that critics said pitted climate and public health efforts against each other, when they should instead be...
Stuck in traffic? Google Maps has a smarter AI assistant for you
Drivers navigating traffic on their morning commutes will be able to do much more than just find directions and the nearest gas station on Google Maps.In the coming weeks,...
Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges
The exclusion is attributed to current US steel market conditions, cost rises and heightened uncertainty in the US market[TOKYO] Nippon Steel, Japan’s biggest steelmaker, said it expects to report...
Thailand hunting down ‘gray money’ behind baht’s odd strength
It will synchronise data across government and financial institutions to detect unusual transfers[BANGKOK] The Thai government will set up a special team to track suspicious fund movements linked to...
Nissan to cut Rogue production in Japan over Nexperia fallout: source
The automaker plans to cut output of the Rogue sport-utility vehicle by about 900 vehicles in the week starting Nov 10[TOKYO] Nissan Motor will cut production of its top-selling...
