Business
Indonesian yield curve steepest since early 2023 on fiscal fears
Longer-dated rupiah bonds are also vulnerable to moves in US Treasuries due to the heavier concentration of global investors in those…
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Business
Business
LHN extends rally, jumps 8.6% to record S$1.01 on SGX approval of proposed Coliwoo listing
Shares of LHN advanced for a second day straight on Thursday (Sep 11) morning after its proposed spin-off of its co-living business…
Business
LHN jumps 8.6%, closes at record high on SGX approval of proposed Coliwoo listing
The counter ends the day at S$1.01, its highest price since its April 2015 listing Shares of LHN advanced for a second day straight on…
Business
DBS hits new high at S$53.24, driving STI to all-time peak of 4,367.51 points
The Straits Times Index also hit a peak at 4,367.51 points, jumping 21.05 points within seconds of the start of trading on Thursday DBS…
Business
DBS still on a tear, crosses S$53 for first time to push STI into new territory again at 4,367.51 points
DBS shares hit a new all-time high on Thursday (Sep 11), climbing S$0.51 to S$53.24 under a minute after the market opened. The Straits…
Business
DBS’ continued run-up leaves peers OCBC, UOB in the dust
South-east Asia’s biggest banking group widens gap with peers UOB and OCBC Source link
Business
Gold inches higher as soft US PPI data fuels rate cut bets; CPI in focus
The US Federal Reserve is expected to cut interest rates at its policy meeting next Wednesday Gold edged up on Thursday (Sep 11), as…
Business
China’s US$4.5 trillion flows mark tipping point in market opening
A world-beating stock market rally has led the recent surge in two-way financial flows, which surged to an unprecedented US$4.5 trillion…
Business
UOB Private Bank the first to distribute Asia-focused private equity evergreen fund
The move caters to rising demand from rich investors for private assets that offer a measure of liquidity UOB, South-east Asia’s…
Business
Stocks to watch: Nio, UOL, Centurion, CLCT, Sing Holdings, Del Monte Pacific, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Thursday (Sep 11): Nio: The Chinese electric…
Business
TVM Capital Healthcare announces first close of US$150 million South-east Asia Fund
Investor commitments to the fund include institutional investors and cornerstone investor Invest International, which was founded by the…
Business
Chipotle plans Asia debut with stores in Singapore and South Korea
Chipotle Mexican Grill is venturing into Asia for the first time, with plans to open locations in South Korea and Singapore in 2026. It’s…
Business
South Korea Lifts Ban on VC Funding for Crypto Companies
South Korean cryptoasset-related companies can now apply for venture capital (VC) funding after Seoul abolished a seven-year-old ban. The…
Business
Bank of Japan watchers expect hike by January with 36% touting October
The central bank will kick off its September meeting shortly after the US Federal Reserve is expected to cut its policy rate Most Bank of…
Business
Will CNMC Goldmine continue to shine?
There are sharply divergent views on the direction of gold prices; meanwhile, gold mining stocks are now performing better than the…
Business
Higher operating costs are a stone in the shoe – even for the rich eyeing family offices
These ultra-high-net-worth investors are turning to banks which offer alternative ways of managing their wealth The compliance costs…
Business
Boeing Defence, union reach tentative deal to end strike
BOEING Defence and the machinists union have reached a tentative deal to end a five-week-long strike in the St. Louis area, union…
Business
US FDA, border agency seize US$86.5 million worth of unauthorised e-cigarettes
US AUTHORITIES have seized 4.7 million unauthorised e-cigarettes valued at US$86.5 million in the largest operation of its kind to date,…
Business
Europe: Tech drag weighs on Stoxx 600 despite Inditex boost
EUROPEAN shares reversed course to close lower on Wednesday as a boost from Spanish fast-fashion giant Inditex was offset by a pullback in…
Business
Alibaba seeks US$3.17 billion in 2025’s biggest convertible issue
The company is raising the funds for purposes including scaling up its data centres, upgrading technology and expanding international…
Business
Alibaba leads Chinese tech funding spree with US$3.2 billion deal
The proceeds will be spent on various purposes, including scaling up its data centres, upgrading technology and expanding international…
Business
US: Oracle surge lifts S&P 500 to record as Dow declines
The S&P 500 finished at a new record Wednesday behind a huge rally in Oracle shares as major US indices diverged ahead of key consumer…
Business
DoorDash plans to test drone deliveries in San Francisco warehouse
Food delivery app DoorDash is setting its sights on a new destination to test out flying drone deliveries: San Francisco. The tech company…
Business
UOL sells Kinex mall for S$375 million
Property developer UOL has entered into an agreement to sell Kinex, a retail mall, for US$375 million. The buyers of the freehold property…