Business
Philippines central bank tightens rules on large cash withdrawals amid graft crackdown
The new rule comes amid a government-led anti-corruption crackdown on infrastructure projects The Philippine central bank has tightened…
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Business
Business
China’s showcase of AI chip prowess triggers US$240 billion rally
Investors are betting the recent flurry of talk by Chinese tech firms will translate into real products down the road FROM Huawei…
Business
To The Moon: Lee Sun Bin Starrer MBC Drama to Premiere on Friday; A Complete Guide
To The Moon, the new MBC drama starring Lee Sun Bin, Kim Young Dae, Jo Ah Ram, and Ra Mi Ran, will premiere on Friday (September 19) at…
Business
Thai central bank intervenes to slow currency moves
The currency’s strength relative to regional peers is seen as a threat to exports and tourism Thailand’s central bank has intervened to…
Business
Bank of Japan keeps interest rates unchanged
THE Bank of Japan said on Friday it would keep its main interest rate unchanged at 0.5 per cent, as expected, with economists forecasting…
Business
Bank of Japan keeps interest rates unchanged at 0.5 per cent, decides to start selling ETFs
The Bank of Japan (BOJ) kept interest rates steady on Friday (Sep 19) but decided to start selling its holdings of risky assets, taking…
Business
Japan two-year government bond yield rises to highest since 2008
Most BOJ watchers expect authorities to lift the benchmark interest rate by January Japan’s two-year government bonds fell, pushing yields…
Business
South Korea eases equity rules for banks to spur high-tech investment
Large securities firms will be allowed to issue promissory notes and operate integrated management accounts South Korea rolled out…
Business
Asia: Markets fluctuate as focus turns to Trump-Xi, Band of Japan
ASIAN markets swung on Friday at the end of a strong week for investors following the US interest rate cut, with attention now turning to…
Business
Asia: Markets fluctuate as focus turns to Trump-Xi, Bank of Japan
ASIAN markets swung on Friday at the end of a strong week for investors following the US interest rate cut, with attention now turning to…
Business
China EV maker Nio surges 5% following equity offering completion of more than US$1 billion
Both its Hong Kong-listed shares and those traded on the SGX jump on Friday morning Shares of Chinese electric-vehicle (EV) maker Nio rose…
Business
China EV maker Nio surges 4% following equity offering completion of more than US$1 billion
Shares of Chinese electric-vehicle (EV) maker Nio rose by 4.2 per cent on Friday (Sep 19) on the Singapore Exchange (SGX), after the…
Business
Hongkong Land shares jump 12% on S$738.7 million MCL Land divestment
This follows its move to sell its Singapore and Malaysia property arm to Malaysian conglomerate Sunway Group Shares of Hongkong Land…
Business
Hongkong Land shares soar 12% to six-year high on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential…
Business
Hongkong Land closes 1.2% higher on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential…
Business
Metro Holdings says ‘no definitive agreement’ entered on Boustead Singapore’s proposed divestments
Property investment and development group Metro Holdings said on Thursday (Sep 18) that it has not made any decision nor entered into any…
Business
AEM soars 12.1% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 12.1 per cent on Friday (Sep 19) shortly after market opened, following overnight news of Nvidia’s US$5…
Business
AEM soars 16.6% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 16.6 per cent on Friday (Sep 19) shortly after market opened, following overnight news of Nvidia’s US$5…
Business
AEM soars 18.5% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 18.5 per cent on Friday (Sep 19) following overnight news of Nvidia’s US$5 billion investment in chipmaker…
Business
AEM soars 17.8% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 19.1 per cent on Friday (Sep 19) following overnight news of Nvidia’s US$5 billion investment in chipmaker…
Business
CATL’s stock touted as cheap even after a US$110 billion rally
The Shenzhen-listed stock of the world’s biggest battery maker has surged nearly 75% since this year’s low in early April, adding US$110…
Business
LTA, SMRT, SBS Transit establish task force to address MRT service disruptions
The Land Transport Authority (LTA), SMRT and SBS Transit (SBST) on Friday (Sep 19) jointly announced the establishment of a Rail…
Business
Gold steady as investors await more Fed cues
Gold prices were little changed on Friday (Sep 19) as investors awaited further signals on the US interest rate path after the US Federal…
Business
Taiwan beating South Korea in key wealth gauge, with lots of TSMC help
The rapid appreciation of the Taiwanese currency this year is another factor that helps explain why the island’s GDP per capita has caught…