Business
Europe’s Stoxx 600 ends steady after multiple-session rally; Puma, Allfunds jump on takeover buzz
EUROPEAN shares ended largely steady on Thursday after three consecutive sessions of gains, driven by rising hopes of a US interest rate…
Section
Business
Business
Lazard Frères to Lead Sales Process for SMCP
PARIS – Three key shareholders of French fashion group SMCP have hired investment bank Lazard Frères to sell up to 51.2 percent of its…
Business
China’s tech giants move AI model training overseas to access Nvidia chips: report
Alibaba and ByteDance are among the tech firms training their newest large language models in South-east Asian data centres Top Chinese…
Business
OCBC customers unable to log into mobile banking app
OCBC customers are experiencing difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site…
Business
OCBC’s Internet and mobile banking services fully restored after two-hour outage
OCBC customers experienced difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site…
Business
Thai prices hit near 4-month high; India prices ease on weak demand, soft rupee
Thailand’s 5% broken rice was quoted at US$370 per metric tonne, its highest since July 31 Thailand’s rice prices jumped to a near…
Business
JPMorgan upgrades China’s stocks on multiple positive drivers
These include policy support, easy liquidity, governance reforms and net-positive prospects for AI-heavy stocks [SINGAPORE/ HONG KONG]…
Business
China Taiping Insurance shares hit by over US$200 million exposure to Hong Kong fire
HONGKONG-FIRE/INSURANCE (UPDATE 2):UPDATE 2-Taiping Insurance shares hit by over $200 million exposure to Hong Kong fire Shares of China…
Business
Vietnam's Electronics Sector Sets Export Record Amid Global Challenges
Vietnam's electronics sector has set a new export record this year despite increased tariffs and trade barriers in important markets.…
Business
Singapore stocks track regional gains on Thursday; STI up 0.2%
Across the broader market, gainers outnumber losers 270 to 216 after 1.2 billion securities worth S$1.2 billion change hands. Singapore…
Business
JPMorgan to build HQ in London, its biggest in Europe, Middle East and Africa
JPMorgan said on Thursday (Nov 27) that it would build a three million square feet tower in the Canary Wharf financial district in East…
Business
Do Kwon says five years in prison enough for Terra crypto fraud
Terraform Labs co-founder Do Kwon says he should get no more than five years in prison in the US for his role in a fraud tied to the US$40…
Business
Bank of Singapore to invest in hiring, tech to boost assets, CEO says
Bank of Singapore plans more investment in hiring and technology as it aims to climb into Asia’s top five private banks within five years…
Business
How India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July The Indian rupee is currently Asia’s…
Business
Bankers groan at UK tax rise even as lenders rally after budget
New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added to the…
Business
Happy Thanksgiving Day 2025: Messages, Wishes, Greetings, Quotes, and More
Thanksgiving Day 2025 is here with new hopes and happiness, as it is that time of year for family gatherings. People enjoy time with loved…
Business
Australia Introduces Crypto Custody Bill With Heavy Penalties for Breaches
Australia has moved to tighten its grip on crypto exchanges and custody providers with legislation that promises tougher oversight and…
Business
Alibaba starts selling Quark AI glasses in China, enters global wearables race
Alibaba released on Thursday (Nov 27) its new Quark artificial intelligence (AI) glasses in China, heralding the Chinese tech company’s…
Business
Malaysia's palm oil exports to China down almost 29% to October
Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market Malaysia’s palm…
Business
Toyota’s October output grows for fifth straight month on strong US demand
Toyota Motor said on Thursday its global production rose for a fifth consecutive month in October, lifted by strong US demand for hybrid…
Business
Chinese LNG demand looks set to disappoint for yet another year
Chinese liquefied natural gas (LNG) imports are at risk of another weak year as disappointing industrial demand and persistently high…
Business
Australia may weigh early rate hike as economy nears speed limit
The RBA is facing a more complex outlook than peers as its economy is entering an upswing with elevated capacity utilisation Australia’s…
Business
China’s Anta Sports is said to explore potential bid for Puma
Chinese sports apparel company Anta Sports Products is among firms exploring a potential takeover of Puma, according to sources familiar…
Business
There are 29 SDRs listed on SGX: Here are the biggest winners and losers
Singapore Depository Receipts (SDRs) have recorded varying levels of trading activity since they first appeared on the local bourse two…