News
BHP strikes US$2 billion funding deal with GIP for iron ore power network
The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake[MELBOURNE] BHP Group said on Tuesday (Dec 8) that...
Australia’s central bank holds rates steady, signals no rush to hike
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending[SYDNEY] Australia’s central bank on Tuesday (Dec 9) left...
Google says first AI glasses with Gemini will arrive in 2026
Competition is heating up in the emerging category of AI and augmented reality, or AR, glasses[NEW YORK] Alphabet’s Google said that it’s working to create two different categories of...
Chinese clean-energy foreign investment surging, says think tank
CHINESE foreign investment in green power jumped to US$80 billion in the past year as Beijing leveraged its dominance in energy transition technologies, according to Climate Energy Finance (CEF).The...
Crypto exchange HashKey seeks up to US$215 million from Hong Kong IPO
[HONG KONG] HashKey Holdings, operator of Hong Kong’s largest licensed crypto exchange, is seeking to raise as much as HK$1.67 billion (S$279 million) through an initial public offering (IPO).The...
Stocks to watch: OCBC, Jardine Matheson, Mandarin Oriental, SingPost
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 9): OCBC : The bank’s mezzanine capital unit announced on Monday that...
US to allow Nvidia H200 chip shipments to China, Trump says
[WASHINGTON] The United States will allow Nvidia’s H200 processors, its second-best artificial intelligence chips, to be exported to China and collect a 25 per cent fee on such sales,...
Almost half of China’s first time car buyers want an EV: survey
New-energy vehicles are on track to account for more than half of the country’s new-car sales this year for the first time [HONG KONG] More first-time car buyers in...
Trump eyes tariffs on cheap Canadian fertiliser, Indian rice
The US president is facing mounting pressure to address high consumer prices and persistent inflation[WASHINGTON] US President Donald Trump signalled he could impose fresh tariffs on agricultural products, including...
Oil falls 2% as Iraqi oilfield production restored, Ukraine talks continue
[HOUSTON] Oil prices slipped 2 per cent on Monday (Dec 8) after Iraq restored production at one of its oilfields which accounts for 0.5 per cent of world oil...
