Culture

Singapore stocks track regional gains on Thursday; STI up 0.2%
Across the broader market, gainers outnumber losers 270 to 216 after 1.2 billion securities worth S$1.2 billion change hands.[SINGAPORE] Singapore stocks ended higher on Thursday (Nov 27), tracking gains...
JPMorgan to build HQ in London, its biggest in Europe, Middle East and Africa
[LONDON] JPMorgan said on Thursday (Nov 27) that it would build a three million square feet tower in the Canary Wharf financial district in East London. The company is...
Bank of Singapore to invest in hiring, tech to boost assets, CEO says
[SINGAPORE] Bank of Singapore plans more investment in hiring and technology as it aims to climb into Asia’s top five private banks within five years after assets under management...
Japan’s Kashiwazaki-Kariwa nuclear plant could restart in January
The prefecture assembly is set to vote on this during its regular session beginning on Dec 2[TOKYO] Japan’s Kashiwazaki-Kariwa nuclear power plant, the world’s biggest, could be restarted as...
Malaysia’s palm oil exports to China down almost 29% to October
Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market[KUALA LUMPUR] Malaysia’s palm oil exports to China...
Super Dry maker Asahi aims to restore logistics by February following cyberattack
[TOKYO] Japan’s Asahi Group on Thursday said it aims to normalise logistical operations by February after a cyberattack in late September forced widespread suspension, though not all products will...
Australia may weigh early rate hike as economy nears speed limit
The RBA is facing a more complex outlook than peers as its economy is entering an upswing with elevated capacity utilisation [SYDNEY] Australia’s central bank may need to raise...
Alibaba, BYD, Popmart: The best and worst performing SDRs on the SGX
[SINGAPORE] Singapore Depository Receipts (SDRs) have recorded varying levels of trading activity since they first appeared on the local bourse two years ago.These financial instruments enable investors to make...
Asian stocks track latest Wall Street rally as rate bets rise
ASIAN markets rose again on Thursday to extend the week’s global rally as traders ramp up bets on a third successive US interest rate cut next month.With recent worries...
Nvidia rebuts critics in memo to analysts amid pushback campaign 
[SAN FRANCISCO] Nvidia, the world’s most valuable company, has gone on the defensive against sceptics of its US$4.5 trillion valuation, down from a historic US$5 trillion, by waging an...
Tether stablecoin stability rating reduced to ‘weak’ at S&P
A crash in Bitcoin’s price this month has left the asset on track for its worst monthly performance since a string of bankruptcies rocked the crypto sector in 2022[LONDON]...
CEOs in Singapore have greater staying power than global peers: report
Outgoing chief executives of STI companies average about 8.8 years in the role versus 7.2 years globally[SINGAPORE] Chief executive officers in Singapore last longer than the global average, according...