News
Marco Polo Marine H2 profit quadruples to S$47.9m on impairment reversals
This is attributed to a combination of stronger underlying performance and several extraordinary gains[SINGAPORE] Marco Polo Marine posted on Saturday (Nov 29) a nearly four times rise (348 per...
Japanese firms scale back investment as tariff headwinds hit
Monday’s figures will be factored into revisions made to third-quarter GDP data due Dec 8[TOKYO] Japanese businesses trimmed back their capital spending over the summer after five straight quarters...
Stocks to watch: Low Keng Huat, Centurion, Manulife US Reit, Seatrium, Wilmar, LHN
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 1): Low Keng Huat : The majority shareholders of Low Keng Huat...
Databricks in talks to raise capital at US$134 billion valuation: report
[BENGALURU] Data analytics firm Databricks is in talks to raise US$5 billion at a valuation of US$134 billion, which is roughly 32 times this year’s expected sales of about...
Nasdaq 100 ends November in recovery mode
THE Nasdaq 100 entered the final stretch of November 2025 in recovery after a sharp mid-month pullback. The index had reached fresh all-time highs between October and early November...
OCBC’s Lion Global Investors bets on mid-caps and gold investments
CEO Teo Joo Wah notes that the mid-cap segment is more labour-intensive in terms of research effort but is optimistic that it will pay off[SINGAPORE] The mid-cap segment of...
Opec+ holds oil output steady, agrees capacity mechanism
Other members, such as African countries, have seen declines in production capacity but are resisting quota cuts[LONDON/MOSCOW] The Organization of the Petroleum Exporting Countries and allies led by Russia...
Australia house prices climb in November amid record unaffordability, Cotality says
AUSTRALIAN home prices rose in November with large gains in several state capitals, amid a record level of housing unaffordability, property consultant Cotality said on Sunday (Nov 30).Prices increased...
Wall Street predicts rebound in Indian markets after tough year
AFTER one of India’s worst years of market underperformance in decades, some of Wall Street’s biggest names are calling for a rebound.Morgan Stanley, Citigroup and Goldman Sachs Group are...
Seatrium to start its own arbitration in US$475 million contract termination dispute
The contract, which is 98.9 per cent complete, is for the construction of a wind turbine installation vessel in an US offshore wind farm[SINGAPORE] Seatrium is starting its own...
