Business
Singtel hit with S$1 million fine for 2024 disruption that affected over 500,000 users
The incident on Oct 8 last year affected more than 500,000 users for more than four hours The Infocomm and Media Development Authority…
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Business
Business
Swiss National Bank holds interest rate at zero, cuts inflation forecast
The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut The Swiss National Bank kept its…
Business
Bank of Japan reluctant to intervene on rising yields, sources say
The recent rises are due to investors taking a wait-and-see approach on uncertainty over how far the BOJ can eventually raise rates The…
Business
India's equity mutual fund inflows rebound in November on strong earnings, low inflation
Equity mutual fund inflows into the Indian stock market rebounded after three months in November, as improved corporate earnings, stable…
Business
CLI closes second onshore sub-fund; targets 1.48 billion yuan in funds under management
It is under the CLI RMB Master Fund with CapitaMall Xinduxin, as the seed asset Global real asset manager CapitaLand Investment (CLI) said…
Business
DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand
The increase comes on lower interest rates and plans by developers to recycle capital and rejuvenate assets DBS Research has taken a…
Business
Hongkong Land shares up 5% on S$1.45 billion sale of MBFC stake
It is selling its stake to Keppel Reit, which will have two-thirds interest in the property upon completion Shares of Hongkong Land rose…
Business
Hongkong Land shares end 5.5% higher on S$1.45 billion sale of MBFC stake
The group is selling its share to Keppel Reit, which will have a two-thirds interest in the property upon completion Shares of Hongkong…
Business
Bitcoin dips below US$90,000 as AI worries dent risk appetite
Fresh concerns about artificial intelligence profits weighed on technology stocks Cryptocurrencies tumbled on Thursday (Dec 11) and…
Business
More dissenters could signal increased resistance to future Fed rate cuts
Investors should be positioned for the Fed to continue easing at least once more in 2026, say analysts THE US Federal Reserve’s expected…
Business
Asian markets mixed post Fed cut; fundamentals should matter more with upcoming pause: analysts
The STI, Hang Seng Index and KLCI saw slight gains, while Nikkei and Kospi retreated Asian markets were mixed on Thursday (Dec 11) after…
Business
Asian markets diverge post Fed cut, with analysts expecting short-term relief rally
Asia markets ended mixed as the STI and KLCI gain, while Hang Seng, Nikkei and Kospi retreat Markets will likely rally in the short term,…
Business
Li Ka-shing’s US$19 billion ports sale slows due to complex talks
CK Hutchison has said that it would not proceed with a transaction that did not have the approval of all relevant authorities Hong Kong…
Business
Asian traders cheer US rate cut but gains tempered by outlook
MOST Asian markets rose on Thursday as traders welcomed the Federal Reserve’s third straight interest rate cut, though the euphoria was…
Business
Crypto elite shun NFTs for 69-million-year-old dinosaur fossils
The triceratops skeleton now resides in an 82-square-metre, windowless room inside Le Freeport Deep inside a Singaporean vault that’s been…
Business
AI’s US$400 billion problem: Are chips getting old too fast?
IN PURSUIT of the AI dream, the tech industry this year has plunked down about US$400 billion on specialised chips and data centres, but…
Business
Hong Kong IPO boom obscures sharp drop in underwriter fee rates
The booming overall pipeline means banks may be less inclined to cut fees to win business Investment banks are on track to take home their…
Business
Keppel Reit to acquire additional one-third stake in MBFC Tower 3
Entitled unitholders will be offered 23 new units for every 100 existing units held, at an issue price of S$0.96 per new unit Keppel Reit…
Business
Gold rises as a divided Fed cuts rates; silver hits record high
Gold prices rose on Thursday (Dec 11) after the US Federal Reserve cut interest rates, even as policymakers remained split on the outlook…
Business
Noodle maker Leong Guan’s shares open 8.7% up from IPO price on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million Shares of food manufacturing and…
Business
Noodle maker Leong Guan’s shares climb 10.7% from IPO price on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million Shares of food manufacturing and…
Business
Noodle maker Leong Guan’s shares close 4.3% higher on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million Shares of food manufacturing and…
Business
Stocks to watch: Keppel, Keppel Reit, CLI, Mapletree Pan Asia Commercial Trust, Ultragreen.ai
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 11): Keppel: The asset manager…
Business
Stocks to watch: Keppel, Keppel Reit, CLI, MPACT, Ultragreen.ai, Ossia
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 11): Source link