Culture

mm2 Asia’s woes deepen as UOB demands S$74.6 million payment
[SINGAPORE] Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that UOB has demanded repayment of about S$74.6 million from the company and various of...
SingPost’s new chief urges shareholders against reading too much into how Singtel is involved in SingPost
[SINGAPORE] Singapore Post ’s (SingPost) new chief Mark Chong – previously group chief corporate officer at Singtel – suggested that the market not “read too much into how Singtel...
Will the Nikkei 225 sustain its momentum into 2026?
In the short term, asymmetric downside risk warrants more conservative stop losses in trading setups [SINGAPORE] The Nikkei 225 Index Futures, traded in standard, mini, and micro contracts, is...
UOB could be Singapore’s top ‘value-up’ play
DBS likely to outperform despite its seemingly high valuations, while OCBC may come to be viewed as the main value play among the 3 Singapore banks[SINGAPORE] During my brokerage...
ANZ’s CEO Matos says ‘action needed’ as profit misses estimates
ANZ’S profit missed expectations as chief executive officer Nuno Matos reiterated that action is needed to turn around the lender.Cash profit dipped 14 per cent to A$5.79 billion (S$5...
US fourth-quarter GDP could be negative if shutdown drags on, White House economic adviser says
[WASHINGTON] US economic growth in the fourth quarter could be negative if a federal shutdown drags on, White House economic adviser Kevin Hassett said in an interview that aired...
Plunge in Asia’s AI shares sows doubts over world-beating rally
The region’s sharpest decline since April – triggered by a tech-led sell-off on Wall Street – has refocused attention on cracks beneath the surface [SINGAPORE] The sudden slump in...
Q&M, UOL and CLCT directors build stakes
OVER the five trading sessions from Oct 31 to Nov 6, institutions were net sellers of Singapore stocks, with net institutional outflow of S$96 million.Institutional flows Stocks that saw the...
UPS to ground 9% of its airline fleet after plane crash
UNITED Parcel Service said it will ground its McDonnell Douglas MD-11 planes, accounting for about 9 per cent of its fleet, after a crash this week.“Out of an abundance...
Metsera accepts Pfizer’s US$10 billion bid in ongoing M&A battle
OBESITY drug developer Metsera said on Friday that it had accepted Pfizer’s US$10 billion acquisition offer, in what could spell the end of a bidding war between the New...
US warns it could force 20% flight cuts if shutdown continues
[WASHINGTON] US Transportation Secretary Sean Duffy warned on Friday he could force airlines to cut up to 20 per cent of flights if the government shutdown did not end,...
US Justice Department probes meatpackers for price manipulation, collusion
[WASHINGTON] The US is investigating meatpacking companies, the attorney general said on Friday, after President Donald Trump accused the companies of using price manipulation and collusion to drive up...