Business
US: Wall St opens lower as Powell-led momentum cools
Wall Street’s main indexes opened lower on Monday (Aug 25), retreating from the previous session’s gains when fed chair Jerome Powell…
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Business
Business
China's Sinochem to sell two bankrupt refineries to local operators
China’s state-run Sinochem Group will sell another two bankrupt refineries in eastern Shandong province to local refiners for much less…
Business
LUD, Al-Amal partner for construction of Apex Business Complex in Egypt
Lozan Urban Developments (LUD) has entered into a partnership agreement with Al-Amal Engineering & General Contracting Company to commence…
Business
Marco Polo Marine subsidiary PKR Offshore aims for Taiwan listing in 2026
The move will fund PKR Offshore’s fleet expansion to serve offshore wind energy markets Marine logistics provider Marco Polo Marine’s…
Business
Wall Street hires more senior bankers as growing confidence spurs deal rebound
Wall Street banks have hired dozens of senior executives in recent months, as improved economic sentiment has spurred mergers and IPOs…
Business
Singapore shares close higher on Monday as inflation eases; STI up 0.1%
Stocks on the local bourse closed higher on Monday (Aug 25) after the Republic reported that core inflation eased to 0.5 per cent in July,…
Business
Shanghai stock benchmark hits new decade high, Hong Kong nears 4-year peak
China and Hong Kong stocks jumped on Monday (Aug 25), led by the rare earth and property sectors, extending the recent bull run as…
Business
The Strategic Expansion of Raquel Riley Thomas’s Brand: Merging Data-Driven Creative Campaigns with Purposeful Community Advocacy
Former U.S. Army Captain Raquel Riley Thomas saw a distinct gap in how media and brand development firms supported women, veterans, and…
Business
Elon Musk Launches 'Macrohard', A New Venture to Challenge Microsoft with AI-Driven Software
Elon Musk has unveiled a new venture, Macrohard, aimed at reshaping the software industry with the power of artificial intelligence. The…
Business
Tesla Partners with DeepSeek and ByteDance to Launch AI Voice Assistant in China
Tesla is introducing its next-generation AI-powered in-car voice assistant in its electric vehicles (EVs) for China, based on a…
Business
Asian Stocks Rise as Investors Await Nvidia Earnings and Fed Rate Cuts
Asian stocks rose on Monday, led by a surge in China and modest optimism over potential interest rate cuts in the United States. MSCI's…
Business
Asia’s US$306 billion of global bond sales are about to go higher
More Asian borrowers are considering bond offerings, extending a stretch of sales that has already jumped to the most since 2021 at US$306…
Business
India central bank chief says RBI hasn’t ‘lost sight’ of growth
India’s central bank has not “lost sight” of its growth objective, even as price stability remains its primary mandate, governor Sanjay…
Business
Singtel’s Optus appoints non-executive director John Arthur as new chair
Singtel’s Australian subsidiary Optus has appointed John Arthur, a non-executive director, as its new board chairman with effect from…
Business
Thailand car production drops in July, local sales up
Car production in Thailand fell for the first time in three months in July as tariff uncertainty hurt export demand, while sales extended…
Business
Barclays, BNP pivot to September Fed rate cut on Powell’s labour warning
Barclays and BNP Paribas expect the US Federal Reserve to make a 25-basis-point interest rate cut in September, according to notes dated…
Business
Analysts downgrade SingPost on lack of clarity on strategy and growth post-Australia divestment
OCBC Investment Research and Maybank Securities analysts have downgraded their calls on local postal service provider Singapore Post…
Business
OCBC establishes blockchain-based digital US commercial paper programme
OCBC Bank announced on Monday (Aug 25) the introduction of a US$1 billion digital US commercial paper (USCP) programme using the…
Business
OCBC establishes US$1 billion digital US commercial paper programme based on blockchain
OCBC Bank announced on Monday (Aug 25) the introduction of a US$1 billion digital US commercial paper (USCP) programme using the…
Business
Asia: Markets rise on US rate cut hopes
Asian markets kicked off the week with a rally on Monday (Aug 25) morning, tracking gains made by Wall Street on Friday after the US…
Business
Sora expected to remain low, but analysts note limit to the decline
Analysts expect there is a limit to the decline in Singapore’s benchmark interest rates ahead, especially as Sing dollar rates are…
Business
Sora expected to remain low, but analysts say further decline limited
Analysts expect there is a limit to the decline in Singapore’s benchmark interest rates ahead, especially as Sing dollar rates are…
Business
BlackRock paused fundraising for latest Asia private credit fund
BlackRock paused fundraising earlier this year for its latest Asian private credit strategy amid its merger with HPS Investment Partners,…
Business
BlackRock pauses fundraising for latest Asia private credit fund
BlackRock paused fundraising earlier this year for its latest Asian private credit strategy amid its merger with HPS Investment Partners,…