Business
Nasdaq-listed AvePoint launches public offering for secondary listing on SGX mainboard
The purpose is to increase the company’s financial flexibility and create a market for its shares on the Singapore Exchange Cybersecurity…
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Business
Corporate issuance poses headwinds for Malaysian sovereign bonds
Ringgit swaps are now pricing eight basis points of easing over the next six months, from as much as 20 basis points in mid-August…
Business
Gold slips as US dollar gains after Fed rate cut, Powell comments
Gold prices extended losses on Thursday (Sep 18) due to an uptick in the US dollar after the US Federal Reserve cut interest rates by a…
Business
Tokyo: Nikkei hits intraday record high on boost from tech shares
Japan’s Nikkei share average rose to an intraday record high on Thursday, led higher by technology shares, but gains were limited after…
Business
Meta launches new smart glasses with built-in display
Meta Platforms on Wednesday launched its first consumer-ready smart glasses with a built-in display, seeking to extend the momentum of its…
Business
Apple explores test production of foldable iPhones in Taiwan: Nikkei
The company believes that releasing a long-awaited foldable model could be key to reaching the goal Apple has held discussions with…
Business
Stoneweg Europe Stapled Trust divests Italy asset for 11.4 million euros, completes sale in Poland
The completion of the divestment is subject to the customary conditions and is expected in the fourth quarter of this year The managers of…
Business
US SEC paves way for crypto spot ETFs with new listing rules
THE Securities and Exchange Commission voted on Wednesday to approve proposed rule changes by three national securities exchanges,…
Business
Stocks to watch: Stoneweg Europe Stapled Trust, Del Monte Pacific, Marco Polo Marine, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Thursday (Sep 18): Stoneweg Europe Stapled…
Business
Stocks to watch: Stoneweg Europe Stapled Trust, Nio, Del Monte Pacific, Marco Polo Marine, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Thursday (Sep 18): Stoneweg Europe Stapled…
Business
PayPal and Google expand partnership to power agentic commerce
The companies are working to establish standards to ensure merchants, consumers and autonomous AI agents are operating with sufficient…
Business
GM is in talks to extend China venture with demand recovering
Foreign automakers have scaled back in the Asian nation as domestic players have taken greater control of the market General Motors (GM)…
Business
China banks amped up 72 trillion yuan bond bet just as market peaked
It comes at a risky time as the nation’s bond market is about to wipe out this year’s advance Just as China’s long bull run for bonds is…
Business
Tesla is redesigning door handles that drew safety scrutiny
The carmaker vehicles are equipped with interior manual releases, but the locations can be difficult to find, particularly for passengers…
Business
SGD$643 million green loan backs Singtel’s next-gen data centre
The development of DC Tuas is supported by Standard Chartered as facility agent and one of the green loan coordinators Singtel’s data…
Business
Deutsche Bank sees gold at US$4,000 next year on Fed cuts, China
Deutsche Bank expects gold to average US$4,000 an ounce in 2026, as US Federal Reserve rate cuts and buying by China’s central bank ensure…
Business
Big US banks lower prime lending rates after Fed rate cut
MAJOR US lenders lowered a key interest rate on Wednesday, providing US consumers a reprieve on borrowing costs, after the Federal Reserve…
Business
China tells companies to stop buying Nvidia’s repurposed AI chip
The chipmaker has pressed the Trump administration for relief from export controls that have hampered its ability to sell to customers in…
Business
Oil prices ease on US demand concerns
Oil prices eased on Wednesday after data showing an increase in US diesel stockpiles stoked worries about demand and the US Federal…
Business
Europe: Shares close flat ahead of Fed decision, Puma jumps
EUROPEAN shares ended flat on Wednesday as investors avoided making big bets ahead of the Federal Reserve’s monetary policy decision,…
Business
Bank of Canada cuts rates to 2.5%, says ready to cut again if risks rise
The Bank of Canada reduced its key policy rate to a three-year low of 2.5 per cent on Wednesday (Sep 17), the first cut in six months, and…
Business
US: Stocks end mixed as Fed rate cut sparks volatility
Wall Street stocks finished mixed after the Federal Reserve announced its first interest rate cut of 2025 and signalled it could enact two…
Business
US Fed lowers interest rate by 25 basis points, signals more cuts ahead
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing…
Business
Tanger Extends Acquisition Streak With Kansas Outlet Center Purchase
Tanger has extended its streak of retail property acquisitions by purchasing Legends Outlets, a 690,000-square-foot open-air outlet center…