News
VW unveils affordable EVs to take on Chinese rivals
Volkswagen has made considerable cost savings on the cars by sharing technology across the different models[MUNICH] Europe’s top car manufacturer Volkswagen on Monday (Sep 8) presented a series of...
China can’t be counted on to absorb global crude surplus as Opec+ bumps up production: market watchers
Crude could trade at below US$60 a barrel by end-2025 as the world’s largest oil importer slows down stockpiling [SINGAPORE] The crude oil market is embracing a rising supply...
Alibaba is No 1 for China traders ploughing HK$13.5 billion in stock
Published Mon, Sep 8, 2025 · 04:07 PM[SHANGHAI] Renewed optimism over Alibaba Group Holding’s potential in artificial intelligence has turned the stock into Chinese investors’ favourite investment.They bought a...
Still ‘more things to be done’ to reap synergies across OCBC: CEO-designate Tan Teck Long
[SINGAPORE] OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. “We are an integrated financial services group, so there will be synergies to...
What would a CapitaLand-Mapletree merger mean for S-Reits in their respective stables?
[SINGAPORE] There seems to be little doubt now that the US Federal Open Market Committee will announce a rate cut at its coming meeting from Sep 16 to 17.This...
Opec+ agrees further oil output boost from October to regain market share
[LONDON/MOSCOW] Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share, while slowing the pace of increases compared with...
Nasdaq 100 gains as weak labour data fuels rate-cut bets
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested weaker-than-expected labour market data ahead of Friday’s closely...
Bank of America sees two US Fed rate cuts this year vs none before
[NEW YORK] Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak August employment data, scrapping what had...
Top Trump crypto backer Justin Sun says his World Liberty tokens ‘unreasonably’ frozen
[PARIS/BOSTON] Justin Sun, one of the biggest known backers of US President Donald Trump’s World Liberty Financial crypto venture, said on Friday (Sep 5) that his tokens connected to...
US immigration agents arrest hundreds at Hyundai plant, mostly South Koreans
[ATLANTA/WASHINGTON/SEOUL] Hundreds of workers at a Hyundai Motor car battery facility under construction in Georgia were detained in a raid by US authorities on Thursday (Sep 4), stopping work...
