News
Asia: Markets rally as new US jobs data fans rate cut hopes
ASIAN markets extended gains on Wednesday following a record day across Wall Street as fresh data pointing to a weakening US jobs market ramped up expectations for a series...
LHN surges over 5.2% after securing eligibility for Coliwoo mainboard listing, Q3 update
[SINGAPORE] Shares of LHN jumped 5.2 per cent minutes after market open on Wednesday (Sep 10). The increase comes after its receipt of conditional approval to list its subsidiary...
China’s green tech firms pour billions into overseas factories
Industry giants, including Contemporary Amperex Technology, BYD and Trina Solar, have announced billions on overseas factories in more than 50 countries[HONG KONG] China’s world-leading solar, battery and electric vehicle...
Former Meta researchers testify company buried child safety studies
META systematically suppressed internal research highlighting serious child safety risks on its virtual reality platforms, according to allegations from current and former employees who testified to Congress on Tuesday.The...
US: Wall St opens slightly higher in run-up to employment revision figures
[NEW YORK] Wall Street indexes opened slightly higher on Tuesday (Sep 9), a day after closing near record peaks, as investors remained cautious ahead of an impending employment rate...
Anglo American agrees to buy Teck in deal reshaping mining
[TORONTO] Anglo American has agreed to acquire Canada’s Teck Resources, creating a more than US$50 billion company in one of the biggest mining deals in over a decade.Anglo will...
BOJ likely to trim super-long bond buying in Q4
[TOKYO] The Bank of Japan is likely to slightly reduce its purchases of super-long government bonds in the fourth quarter despite recent rises in yields for those maturity zones,...
Google to obey South Korean order to blur satellite images on maps
This paves the way for the US tech giant to compete better with local navigation platforms[SEOUL] Google said on Tuesday (Sep 9) that it would comply with the South...
VinFast plans US plant in 2028 as it seeks equity backers
The automaker expects to open another assembly plant in Indonesia’s West Java by October[SINGAPORE] VinFast Auto expects to open its delayed North Carolina plant in 2028 while the Vietnamese...
GIC, SoftBank are said to weigh selling stake in fintech VNLife
The Vietnamese fintech firm has a presence in Vietnam, Singapore, Myanmar and Cambodia [HONG KONG] GIC and SoftBank Vision Fund are considering selling their stakes in Vietnamese fintech firm...
China derivatives fuel 36% surge in SGX trading volume to 31.8 billion units in August
Value traded up 17% at S$33.6 billion; bourse operator cites global institutions tapping China-access derivatives to manage risk across multiple asset classes [SINGAPORE] Singapore Exchange (SGX) reported that its...
