News
Singtel tops buybacks; Soon Hock and EnGro chairs boost stakes; Sanli eyes growth with placement
[SINGAPORE] Over the five trading sessions from Nov 21 to 27, institutions were net sellers of Singapore stocks, with net institutional outflow of S$552 million extending the S$131 million...
Bank Indonesia seeks rate cuts while balancing stability, growth
Tariff worries have made the rupiah South-east Asia’s worst-performing currency this year[JAKARTA] Bank Indonesia (BI) will strike a balance between encouraging currency stability and supporting economic growth, even as...
China’s robotics stocks face investor scrutiny over bubble fears
Beijing has been on a so-called anti-involution drive this year, aiming to curb destructive competition across industries[BEIJING] Investor hype over Chinese robotics stocks is giving way to deepening unease,...
Worldwide markets roiled by data-centre snafu in Chicago suburb
The centre has continued to serve as a key node for traders across the globe, and the impact was felt broadly[NEW YORK] One of the first signs of trouble...
Temasek eyes stake in Quest Global at US$4.6 billion pre-IPO price
The company is preparing for an IPO in India, joining a wave of companies tapping the country’s buoyant capital markets[MUMBAI] Singapore state investor Temasek Holdings is in advanced talks...
Oil falls on drawn-out Ukraine peace talks, all eyes on upcoming Opec+ meeting
Saudi Arabia is expected to lower its January crude price for Asian buyers for a second month to its lowest in five years[HOUSTON] Crude futures fell marginally on Friday...
European shares clock monthly gains on Fed rate cut hopes
Next week, investors expect some focus on Russia-Ukraine peace talks.[BENGALURU] European shares ended higher on Friday (Nov 28), capping a strong weekly advance and closing the month on a...
Wall St opens higher, futures resume trade after outage
[NEW YORK] Wall Street’s main indexes opened higher on Friday (Nov 28) with futures trading springing back to life from an hours-long CME Group outage that had temporarily frozen...
CIMB Q3 profit up 2.3% at RM2.08 billion
[SINGAPORE] CIMB’s net profit for the third quarter ended Sep 30 rose 2.3 per cent to RM2.08 billion (S$653.5 million) from RM2.03 billion in the year-ago period, the company...
How ‘Stranger Things’ became Netflix’s ‘Star Wars,’ propelling it into Hollywood’s stratosphere
Before the sci-fi series “Stranger Things” premiered on Netflix, several traditional studios had already passed on it. Its creators were first-time show runners, unknown young actors were cast in...
