Culture
RBA keeps key rate unchanged over renewed inflation worries
[SYDNEY] Australia’s central bank held its key interest rate steady in a widely anticipated decision, warning of stronger inflationary pressures in the economy and reaffirming that future moves will...
UBS sells US$3.25 billion in first deal since AT1 ruling
[LONDON] UBS Group sold its first bonds since a court decision raised questions about the Swiss lender’s possible exposure to previously cancelled Credit Suisse debt.The bank priced US$3.25 billion...
Samsung hit with US$191.4 million US jury verdict in OLED patent trial, plans appeal
SAMSUNG Electronics owes patent owner Pictiva Displays US$191.4 million in damages for infringing two US patents covering organic light-emitting diode technology, a jury in Texas federal court said on...
China Aviation Oil shares seesaw on talks of potential merger between parent CNAF and mega refiner Sinopec
[SINGAPORE] Shares of China Aviation Oil (CAO) ended lower despite surging as much as 4.5 per cent on Tuesday (Nov 4) following word of a merger between Sinopec, the...
Malaysian ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependent economy has been buoyed by signs that global demand is picking up [KUALA LUMPUR] Malaysia’s ringgit is hovering near its strongest level in a year, supported...
Ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependant economy has been buoyed by signs that global demand is picking up [KUALA LUMPUR] Malaysia’s ringgit is hovering near its strongest level in a year, buoyed...
Keppel consortium buys rest of solar platform from Shell Singapore for undisclosed sum
The purchase of Cleantech Renewable Assets aligns with Keppel’s goal of growing its renewables business [SINGAPORE] A consortium comprising global asset manager Keppel , Keppel Asia Infrastructure Fund and...
Elite UK Reit 9-month DPU rises 9.4% to £0.0233
The improvement is attributed to interest savings through capital management and interest rate optimisation [SINGAPORE] The manager of Elite UK Reit on Tuesday (Nov 4) posted a distribution per...
How Zhao’s Binance aided Trump family crypto venture before pardon
World Liberty Financial is a crypto platform co-founded by the US president’s family and the family of his special envoy, Steve Witkoff[NEW YORK] In late October, US President Donald...