News
47% China tariffs, rare earths, soybeans: What Trump, Xi said about their meeting and what’s next
[BUSAN, South Korea] US President Donald Trump said he had struck a deal to reduce tariffs on China to 47 per cent in exchange for Beijing…
Swedan Margen
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Business
Nomura expects no more Fed rate cuts in 2025 after October easing
NOMURA said it now expects the US Federal Reserve to keep interest rates unchanged at its December policy meeting, following the central…
Business
Lim Boon Heng expected to retire as NTUC chairman as soon as this week: Bloomberg
Former Cabinet minister Lim Boon Heng is expected to retire from his role as chairman of NTUC Enterprise Co-operative, the parent of…
News
‘I take ultimate responsibility’: Lim Boon Heng on failed Allianz-Income union
Lim and the NTUC Enterprise board acknowledge that the German insurer’s offer could have been managed better Former Cabinet minister Lim…
Business
China stocks retreat from decade high as Trump-Xi trade deal yields few surprises
Investors cheer easing US-China tensions but stay cautious, wary a final deal may disappoint Chinese shares pulled back from a decade high…
Business
Apac private credit to reach US$92 billion in 2027 on wealth boom
The growth of Asia Pacific’s private markets comes against the broader backdrop of mounting headwind The Asia-Pacific private credit…
Business
Gold ticks up on US dollar retreat, Fed rate cut
Focus now shifts to US President Trump’s meeting with Chinese leader Xi Jinping in South Korea later in the day Gold prices edged higher…
Business
Bank of Japan seen keeping rates on hold, yen pressure looms
The Bank of Japan is widely expected to keep interest rates steady on Thursday, but reiterate its resolve to continue pushing up still-low…
Business
Samsung’s chip profit soars after AI fuels demand for memory
Memory chip business is a key pillar of the company’s empire, which spans smartphones and home appliances Samsung Electronics’…
Business
CDL Hospitality Trusts Q3 NPI falls 5.6% to S$34.3 million
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell 5.6 per cent to S$34.3 million for the third quarter ended Sep 30, from…
Business
Stocks to watch: Keppel, Great Eastern, MIT, Hong Leong Asia, CLCT, Starhill Global Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Oct 30): Keppel: Keppel reported an…
Business
CapitaLand China Trust’s Q3 net property income down 8.5% at 273.5 million yuan
CapitaLand China Trust (CLCT) posted net property income (NPI) of 273.5 million yuan (S$50 million) for its third quarter ended Sep 30,…
Business
US Fed chair candidate Rieder says Powell was more hawkish than expected
RICK Rieder, an asset manager on the short list of possible candidates to be the next chair of the Federal Reserve, said on Wednesday he…
Business
Keppel 9M net profit rises 5% despite accounting loss from proposed sale of M1’s telco business
Keppel has reported a 5 per cent increase in net profit for the first nine months of FY2025, despite an accounting loss from the proposed…
Business
Keppel vows to use part of cash unlocked in asset monetisation to reward shareholders
Global asset manager and operator Keppel on Thursday (Oct 30) said it would use part of the cash unlocked from its ongoing asset…
Business
Airbus profit climbs 14% on defence boost
EUROPEAN plane-maker Airbus said Wednesday its third-quarter net profit surged by 14 per cent to 1.1 billion euros (S$1.66 billion) on the…
Business
Microsoft‘s massive AI spending draws investor concerns as cloud business booms
MICROSOFT’S spending on artificial intelligence infrastructure soared to a record of nearly US$35 billion in the September quarter,…
News
Senate votes to nullify Trump tariffs on Canada with four Republicans defying Trump
The Senate voted Wednesday to terminate the emergency powers that President Trump used to impose tariffs on products from Canada, a…
News
ICE and the Smartphone Panopticon
Last week, as ICE raids ramped up in New York, city residents set about resisting in the ways they had available: confronting agents…
News
Some airlines are providing free meals for unpaid air traffic controllers during government shutdown
America's air traffic controllers missed their first full paychecks of the government shutdown Tuesday, and some airlines are now donating…
News
New documents expose Biden DOJ's 'fishing expedition' into Trump, Republicans during 2024 race
Jaw-dropping whistleblower documents made public Wednesday show the Biden Justice Department secretly cast a massive, investigatory net…
News
Supreme Court probes Trump's attempt to send National Guard to Chicago
The Supreme Court began to delve into President Trump's troop deployment in Chicago on Wednesday, asking the opposing sides to brief the…
Business
Cameo sues OpenAI for trademark infringement
OpenAI, which faced a fierce blowback in Hollywood last month as images of celebrities and dead newsmakers were manipulated without…