News
Oil climbs over US$1 a barrel on Opec action, Ukraine attack
Brent and WTI crude futures settled lower on Friday for the fourth straight month, their longest losing streak since 2023, as expectations for higher global supply weighed on prices[HOUSTON]...
Wall Street opens lower ahead of Powell speech, manufacturing data
[NEW YORK] Wall Street’s main indexes opened lower on Monday (Dec 1) as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from...
Schneider Electric looks to digitalisation, new partners to tackle rapid electrification
[SINGAPORE] Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation.From buildings requiring more air-conditioning amid global warming to technology such as electric vehicles...
SoftBank’s Son ‘cried’ about Nvidia stake sale to fund AI bets
The company needs to raise capital to fund projects including data centre construction[TOKYO] SoftBank Group founder Masayoshi Son said he wouldn’t have sold off Nvidia shares if his company...
UK lenders approve more mortgages than expected in October, consumer lending cools
[LONDON] British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in September,...
Standard Chartered raises China 2026 GDP growth forecast to 4.6%
[BEIJING] Standard Chartered revised its forecast for China’s 2026 gross domestic product growth to 4.6 per cent from 4.3 per cent, citing the country’s resilient exports and continued gains...
Airbus says most of its recalled 6,000 A320 jets now modified
It is the first time Airbus has had to deal with global safety attention on such a scale since that crisis[PARIS] Airbus fleets were returning towards normal operations on...
S-Reits poised for upturn with ‘buy’ call on 5 blue-chips: UOBKH
Among the top picks are Keppel DC Reit and Keppel Reit, with a “buy” rating on target prices of S$2.65 and S$1.20, respectively[SINGAPORE] UOB Kay Hian (UOBKH) analyst Jonathan...
Industrial developer Soon Hock likely to benefit from S$1 billion earnings pipeline: UOB KayHian
UOB also expects attractive dividend yields of 5.5 per cent and 10 per cent for 2025, 2026[SINGAPORE] UOB Kayhian initiated coverage on industrial property developer Soon Hock Enterprise (SHE)...
Industrial developer Soon Hock secures S$1 billion in value from 4 projects: UOB Kay Hian
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively[SINGAPORE] UOB Kay Hian initiated coverage on industrial property developer Soon Hock Enterprise with a...
