Business
Analysts View: How will RBI repo rate hold, stance change affect markets?
5 min read Last Updated : Oct 09 2024 | 1:35 PM IST RBI meeting today: The Reserve Bank of India's (RBI) today, October 9, in its policy…
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RBI increases UPI limit for smooth payment transactions: Check revised caps
2 min read Last Updated : Oct 09 2024 | 12:40 PM IST The Reserve Bank of India on Wednesday announced revised limits for popular digital…
Business
TSMC’s third-quarter revenue easily beats market forecast
TAIWAN Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported on Wednesday (Oct 9) third-quarter…
Business
OK Lim has accepted judgement debt of over US$3.5 billion, but creditors will likely claw back much less
The 82-year-old and his children, Evan Lim and Lim Huey Ching, are planning to file for bankruptcy EMBATTLED Hin Leong Trading founder Lim…
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Kalpataru Projects share: Kalpataru Projs to sell Vindhyachal Expressway for Rs 775 cr; shares up 3%
2 min read Last Updated : Oct 09 2024 | 11:41 AM IST Kalpataru Projects International share: Kalpataru Projects International Ltd share…
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Thailand approves US$400 million investment by Continental to expand tyre facility
THAILAND’S Board of Investment (BOI) said on Wednesday (Oct 9) that it had approved a US$400 million investment by tyre maker Continental…
Business
SGX securities turnover value jumps 75% in September; volume up 5%
TOTAL securities market turnover value on the Singapore Exchange (SGX) increased 75 per cent year on year (yoy) to S$30.38 billion in…
Business
New Zealand steps up pace of rate cuts as economy weakens
NEW Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more…
Business
Byju's affiliate drained cash from US units, violating bankruptcy rules
Byju’s faces a fraudulent-transfer lawsuit in a US bankruptcy court related to those funds. (Photo: Reuters) 4 min read Last Updated : Oct…
Business
FHT’s distributable income to fall by S$1.3 million after change in Australian unit status
FRASERS Hospitality Trust’s (FHT) pro forma distributable income for financial year 2024 is estimated to fall by S$1.3 million, following…
Business
Digital Core Reit recasts US$716 million loan facilities
PURE-PLAY data centre real estate investment trust (Reit) Digital Core Reit has recast US$716 million of loan facilities which will be…
Business
Gold prices steady with Fed minutes on tap
GOLD prices held steady on Wednesday (Oct 9) as traders awaited cues on US interest rate policy from the minutes of the Federal Reserve’s…
Business
Singapore shares open higher on Wednesday; STI up 0.8%
SINGAPORE stocks began Wednesday (Oct 9) morning trading in positive territory, mirroring overnight gains in the US market. As at 9.01 am,…
Business
RBA to boost risk assessment when deploying unconventional tools
AUSTRALIA’S central bank will strengthen its assessment of potential risks when deploying an unconventional monetary policy, assistant…
Business
Stocks to watch: Singtel, CapitaLand Ascott Trust, Keppel
THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 9): Singtel: Business and…
Business
Roblox tumbles as Hindenburg bets against gaming platform
ROBLOX shares slumped on Tuesday (Oct 8) after short seller Hindenburg Research said it’s betting against the gaming platform. The stock…
Business
Telcos should face tougher regulations to ensure service standards amid Smart Nation push
SINCE the government announced in February 2024 that it would invest up to S$100 million to upgrade Singapore’s Nationwide Broadband…
Business
Consortium backed by 10 biz leaders to hold inaugural quality symposium
The Indian Foundation for Quality Management (IFQM) — a not-for-profit consortium backed by 10 of the country’s most influential business…
Business
Q2 result preview: O2C business may drag RIL to another weak quarter
Premium Signage for Reliance Industries Ltd. in Gujarat, India.Photographer: Dhiraj Singh/Bloomberg 2 min read Last Updated : Oct 09 2024…
Business
SBI-led panel against 18% GST on co-lending; submits report to FinMin
A State Bank of India (SBI)-led committee to encourage co-lending between commercial banks and non-banking financial companies (NBFCs) has…
Business
TikTok sued by 13 US states and DC, accused of harming younger users
TIKTOK faces new lawsuits filed by 13 US states and the District of Columbia on Tuesday (Oct 8), accusing the popular social media…
Business
GLP Capital Partners sells ex-China assets to Ares for up to US$5.2 billion
FUND manager GLP Capital Partners (GCP) has agreed to sell its operations outside China to US-based alternative investment group Ares…
Business
Ultratech Cement stock better placed amid recovery hopes in demand
Premium Ultratech Cement (Photo: PTI) 3 min read Last Updated : Oct 08 2024 | 9:22 PM IST The cement industry struggled through the…
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PepsiCo trims sales forecast as customers tighten purse strings on snacks, sodas
PepsiCo cut its forecast for annual sales growth on Tuesday (Oct 8) as picky consumers in North America limit their spending on sodas and…