Business
Wall Street opens flat ahead of Christmas break
Wall Street indexes opened nearly flat in shortened Christmas Eve trading on Wednesday (Dec 24), as traders wait to see whether stocks can…
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Business
Business
California crypto company accused of illegally inflating Katy Perry NFTs and fraud
Four years ago, California startup Theta Labs’ cryptocurrency was soaring, and its future appeared bright when it landed a partnership…
Business
Merry Christmas 2025: Messages, Greetings, Wishes, Quotes, and More
Christmas 2025 is here to remind people about love, generosity, togetherness, warmth, and joy. Christians worldwide celebrate the birth of…
Business
Nike climbs as Apple’s Tim Cook buys US$3 million in stock
Nike shares ticked up 2 per cent in premarket trading on Wednesday (Dec 24) after Apple CEO Tim Cook bought nearly US$3 million worth of…
Business
Haier sells 49% stake in Indian unit to Bharti, Warburg Pincus
Chinese home appliance maker Haier Smart Home agreed to sell a 49 per cent stake in its India unit to Bharti Enterprises and Warburg…
Business
Gold tops US$4,500, silver and platinum hit records in metal markets frenzy
Gold surges more than 70% this year, driven by safe-haven demand, de-dollarisation trends, central bank buying and others Gold surged past…
Business
LG Energy Solution unit to sell US$2.86 billion US factory assets to Honda
This excludes land and equipment, and is meant to ‘improve joint venture operational efficiency’ South Korea’s LG Energy Solution (LGES)…
Business
BP to sell 65% stake in Castrol to Stonepeak for US$6 billion
The sale proceeds, which include US$800 million for accelerated dividend payments, will be used to reduce debt BP said on Wednesday (Dec…
Business
Sanofi to buy Dynavax for US$2.2 billion to add shingles vaccine
Sanofi agreed to buy Dynavax Technologies for about US$2.2 billion to expand its vaccines business with a shot for hepatitis B and an…
Business
Retail investors to have more sway over Wall Street after record year
In 2025, retail traders shift to ETFs tracking equity indexes, crypto, and commodities Retail inflows into US stocks are set to hit a…
Business
Nam Cheong sells vessel for US$20.5 million to Vietnam firm
The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025 Malaysian offshore support vessel…
Business
China's CNOOC makes second big oil find in Bohai Sea
China’s oil major CNOOC Limited said on Wednesday (Dec 24) it has discovered an oilfield with proved in-place volumes exceeding 100…
Business
Japan’s Eneos leads bids for Chevron’s Singapore oil refinery stake
Japan’s Eneos Holdings is ahead of rival bidders for US heavyweight Chevron’s stake in a Singapore oil refinery, according to people…
Business
Singapore stocks end slightly lower before festive break; STI down 0.06%
Meanwhile, the iEdge Singapore Next 50 Index rises 0.1% or 1.61 points to 1,448.61 Singapore shares ended slightly lower on Wednesday (Dec…
Business
Singapore stocks end slightly lower before festive break; STI down 0.1%
Meanwhile, the iEdge Singapore Next 50 Index rises 0.1% or 1.61 points to 1,448.61 Singapore shares ended slightly lower on Wednesday (Dec…
Business
Singapore shares slip before Christmas break; STI down 0.1%
Meanwhile, the iEdge Singapore Next 50 Index rises 0.1% or 1.61 points to 1,448.61 Singapore shares ended slightly lower on Wednesday (Dec…
Business
Malaysia's Petronas signs LNG supply deal with China's CNOOC
Malaysian state-owned energy firm Petroliam Nasional said on Wednesday (Dec 24) it would supply Chinese offshore oil and gas company CNOOC…
Business
Media Company Nss’ Edicola Concept to Launch Digital Platform to Celebrate Italian Culture
MILAN — Naples has been having a cultural renaissance in recent years, giving birth to many artistic and fashion-adjacent projects that…
Business
South Korea pension fund initiates new round of strategic FX hedging to support won
The won sharply reversed course on the news to rally as much as 1.6% to 1,458.0 per dollar South Korea’s national pension fund has…
Business
S Korea pension fund initiates new round of strategic FX hedging to support won
The won sharply reverses course on the news to rally as much as 1.6% to 1,458.0 per dollar South Korea’s national pension fund has…
Business
Australian dollar climbs to highest since Oct 2024 on RBA bets
The Australian dollar climbed to its strongest in more than a year after traders ratchet expectations the Reserve Bank will quickly shift…
Business
Asian markets mostly up after US growth fuels Wall St record
Most Asian stocks rose on Wednesday (Dec 24) and gold topped US$4,500 for the first time as investors tracked a record on Wall Street…
Business
Hongkong Land should do a Reit not a private fund with its prime Singapore office assets
Hongkong Land Holdings is pressing ahead with growth in fund management. The 136-year-old property group said recently that it has made…
Business
Stocks to watch: Manulife US Reit, Nam Cheong
The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 24): Manulife US Real Estate…