News
FSB warns on emerging threats from stablecoins, private finance
The groundswell of support for deregulation has meant that political appetite for new rules has been in short supplyBANK of England Governor Andrew Bailey has vowed to intensify the...
Xiaomi shares tumble after reports EV crash traps person inside
[SHANGHAI] Xiaomi shares fell the most since April after reports that one of its SU7 electric sedan’s doors failed to open after a fiery crash in the southwest Chinese...
US-China friction sends Asian currencies to five-month low
The risk-off sentiment has extended beyond currency markets, with regional stocks also slumping[SINGAPORE] Asian currencies slipped to the weakest levels since May as renewed trade tensions between the US...
Dutch government takes control of Chinese-owned chipmaker Nexperia
The parent company Wingtech shares plunge 10% in Shanghai as it seeks legal, government help [AMSTERDAM/SHANGHAI] The Dutch government said it is taking control of Dutch chipmaker Nexperia, which...
China’s Wingtech seeks government help after Dutch intervention at Nexperia unit
The Chinese semiconductor company’s Shanghai-listed shares plunged 10% on Monday to a one-month low[AMSTERDAM/SHANGHAI] Chinese semiconductor company Wingtech said on Monday (Oct 13) that it will take actions to...
Bank Indonesia’s heavy bond buying to continue, analysts say
Banks own around 22 per cent of all government bonds in the country, according to finance ministry data[JAKARTA] Indonesia’s central bank will buy as much as 200 trillion rupiah...
Gold hits record high as US-China trade concerns boost safe-haven demand
[BENGALURU] Gold prices climbed to a record high on Monday (Oct 13), driven by safe-haven demand on fresh US-China trade concerns, while broader economic and political uncertainties and expectations...
InnoTek jumps 36.4% to three-year-high closing price on Nvidia project wins
[SINGAPORE] Shares of mainboard-listed InnoTek rallied on Monday (Oct 13), on news that it had clinched projects for Nvidia and Shenzhen-listed IEIT Systems. The counter soared to S$0.785 at...
Stocks to watch: Keppel, UOL, Singapore Land, Q&M Dental, Aoxin Q&M, Cordlife
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Oct 13): Keppel : The indirect Keppel subsidiary M1 is facing legal proceedings...
Cordlife gets extended deadline to submit representations for potential one-year suspension
MOH has pushed back its deadline for submitting representations to Oct 27, from Oct 13 [SINGAPORE] Cordlife announced that the Ministry of Health (MOH) has extended its deadline to...
