Culture
Daiwa House Logistics Trust 9M distributable income drops 8.4% to S$23.4 million
[SINGAPORE] The manager of Daiwa House Logistics Trust (DHLT) on Wednesday (Nov 12) posted a distributable income of S$23.4 million forthe nine months ended September, a 8.4 per cent...
Singtel H1 earnings nearly treble to S$3.4 billion on one-off gains
[SINGAPORE] Telecommunications giant Singtel on Wednesday (Nov 12) revised its operating companies’ (Opco) earnings before interest and tax (Ebit) guidance for FY2026 ending March 2026 to a wider range...
ECB questions proposal of a purely offline digital euro
THE European Central Bank is pushing back against a European Parliament proposal that would launch the planned digital euro solely offline.In Frankfurt on Tuesday, Alessandro Giovannini, an adviser in...
Europe: Stocks close at record high, led by buoyant healthcare shares, hopes for end to US shutdown
EUROPEAN shares closed at a record high on Tuesday, led by healthcare stocks, as investors anticipated an end to the US government shutdown and assessed mixed forecasts from telecom companies...
Oil up as investors balance sanctions risks, oversupply worries
[NEW YORK] Oil prices gained about US$1 on Tuesday on the impact of the latest US sanctions on Russian oil and the optimism over a potential end to the US government shutdown,...
US: S&P 500, Nasdaq slip as tech valuation jitters resurface; federal reopening eyed
[NEW YORK] The S&P 500 and the Nasdaq opened lower on Tuesday (Nov 11) with concerns around elevated technology valuations resurfacing, while markets monitored progress towards the end of...
Wilmar unit to acquire 13% of Mumbai-listed joint venture with Adani
The 46.5 billion rupee purchase will be funded by internal sources and bank borrowings[SINGAPORE] A unit of agri-specialist Wilmar International will acquire 13 per cent of the shares held...
China’s central bank to maintain accommodative policy as challenges persist
It will keep liquidity ample, keep prices reasonable, and lower the costs of banks’ liability and social financing[BEIJING] China’s central bank said on Tuesday (Nov 11) that it would...
BYD aims to sell up to 1.6 million vehicles abroad in 2026, Citi says
[BEIJING] Chinese electric vehicle maker BYD aims to sell up to 1.6 million vehicles abroad next year, doubling down on overseas expansions with high double-digit growth from 2025, Citi...
Toyota’s buyout of group firm faces new obstacle after Elliott takes stake
Elliott said the proposed deal undervalued the company, lacked transparency and fell short of proper governance practices[TOKYO] Toyota Motor’s planned buyout of group firm Toyota Industries is set to...
