Culture
Link Reit H1 DPU down 5.9% at HK$1.2688 amid macro headwinds, sectoral challenges
[SINGAPORE] Hong Kong-listed Link Real Estate Investment Trust (Reit) – which owns Singapore’s Jurong Point and a major part of Thomson Plaza, recorded a distribution per unit (DPU) of...
Nvidia’s upbeat forecast soothes fears of AI spending bubble
[NEW YORK] Nvidia Corp, the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a global surge in AI spending is...
OCBC app adds 8 digital wallets from across South-east Asia
[SINGAPORE] Local bank OCBC on Thursday (Nov 20) said that it has added eight digital wallets from South-east Asia, enabling customers in Singapore to transfer money directly from their...
China’s Lenovo signs long-term component-supply deal for next year
Global memory chip prices are climbing due to demand from data centre operators for building AI servers[BEIJING] Lenovo said on Thursday (Nov 20) that it has signed long-term contracts...
Hong Kong stock rally meets HK$193.8 billion lockup test ahead
[HONG KONG] Hong Kong’s stock rally faces a looming test, as year-end expirations of share-sale restrictions threaten to spur volatility and prompt investors to lock in gains.A total of...
Asia: Stocks rally as bumber Nvidia report offsets Fed rate concern
ASIAN markets rallied on Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and overshadowed a Federal Reserve report that dealt a blow to...
Nvidia’s Huang says company has plenty of new chips to sell
[SAN FRANCISCO] Nvidia chief executive officer Jensen Huang said his company has enough new Blackwell chips to meet increasing demand and that business is “very, very strong”.Speaking on Bloomberg...
Gold gains with traders awaiting US data for fresh Fed cues
Traders now see nearly a 33% chance for a rate cut at the Fed’s Dec 9 to 10 meeting[BENGALURU] Gold prices edged higher on Thursday (Nov 20), as investors...
Malaysian ringgit, Thai baht set to benefit from rate cuts in 2026: DBS report
Countries have also bypassed US to trade with one another in view of tariff risks[SINGAPORE] DBS analysts are upbeat about the region’s prospects for 2026, forecasting that Asian currencies...
Billionaire family turns India’s gold obsession into a fortune
The steady growth has led to three straight years of stock gains for the company, including a 73% rally this year[MUMBAI/SINGAPORE] Gold is having a moment in the sun...