Culture
Europe: Stoxx 600 ends volatile week lower; ITV soars
EUROPEAN shares ended a volatile week lower on Friday, as worries about elevated valuations of technology-related stocks persisted, while Britain’s ITV jumped on talks to sell its broadcasting division.The continent-wide...
Crude oil recovers late in session on hopes over US-Hungary meeting
[HOUSTON] Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian crude oil as US President Donald Trump met Hungary’s Prime Minister Viktor Orban at the...
UBS joins list of star tenants in GIC-backed Mumbai tower: sources
The bank will move staff to the Altimus, a building jointly owned by GIC and India’s K Raheja[MUMBAI] UBS Group is taking up new office space in a Mumbai...
US: Wall Street set for weekly declines as concerns over economy, tech valuations weigh
[NEW YORK] Wall Street’s main indexes opened lower on Friday (Nov 7), and were set for sharp weekly declines, as concerns about the economy and towering valuations in the...
Some Nexperia chip shipments resume as Germany welcomes ‘de-escalation’
[BERLIN/TOKYO] Semiconductor maker Nexperia has resumed some shipments of its vital chips, auto executives said on Friday (Nov 7), with Germany welcoming signs of de-escalation in a fight for...
US shutdown compounds worst year for currency trading since 2005
Traders less willing to stake big bets with a dearth of crucial economic and market positioning statistics [WASHINGTON] The longest US government shutdown in record is consigning currency traders...
Full ride-hailing licences being evaluated for Trans-Cab, Geolah beyond 2025: LTA
[SINGAPORE] With just under two months left on their one-year provisional permits to offer ride-hailing services, Trans-Cab and Geolah’s eligibility for full ride-hailing licences is being evaluated, the Land Transport...
UMS Q3 earnings rise 1% to S$10.5 million, announces 1-for-4 bonus issue
[SINGAPORE] UMS Integration on Friday (Nov 7) reported a 1 per cent year-on-year rise in net profit to S$10.5 million for the third quarter ended Sep 30, on the...
Boustead bags design-and-build deal for semiconductor facility
The contract comprises additions and alterations works to reconfigure an existing chip material manufacturing plant[SINGAPORE] Boustead announced that its engineering and construction business has won a design-and-build contract comprising...
China starts work on easing rare earth export rules but short of Trump hopes
[BEIJING] China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely to amount to a complete rollback of restrictions as...
