Culture
Oil prices steady despite Opec+ plans to pause output increases
NEW YORK, Nov 3 (Reuters) - Oil prices held steady on Monday as the market balanced the latest OPEC+ supply increase with the group’s plans to pause output increases in the...
India’s Bharti Airtel posts surge in quarterly profit as higher-paying users grow
[BENGALURU] Bharti Airtel, India’s second-largest mobile carrier by number of users, posted its sixth straight quarterly profit rise on Monday (Nov 3), as users upgraded to higher-margin 4G and...
US: Wall Street opens higher on optimism for AI demand
[NEW YORK] Wall Street kicked off November on firmer ground on Monday (Nov 3), driven by optimism around AI demand with OpenAI and Amazon striking a US$38 billion deal,...
Indonesia central bank chief sees room for another rate cut
[JAKARTA] Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend on rupiah stability and the...
Microsoft signs US$9.7 billion AI cloud deal with Australia’s IREN to secure Nvidia systems
Once fully implemented, the deal is expected to generate about US$1.94 billion a year for IREN[SEATTLE] Microsoft has signed an approximately US$9.7 billion deal to purchase AI cloud capacity...
Wee Hur selling Adelaide student accommodation property for S$14.2 million
The buyer is Grenfell Trust, an indirect 90.48 per cent owned sub-trust of Wee Hur PBSA Fund III A[SINGAPORE] Wee Hur Holdings announced that its 80 per cent owned...
Eni, Petronas merge Indonesia, Malaysia assets in joint venture
The new entity, NewCo, will manage 19 assets, 14 in Indonesia and five in Malaysia[ABU DHABI/MILAN] Italy’s Eni and Malaysia’s state energy company Petronas said on Monday (Nov 3)...
Buffett’s Berkshire cash hits US$381.7 billion, earnings soar
Despite its growing cash hoard, the firm’s net investment income declined 13% to US$3.2 billion amid lower short-term interest ratesBERKSHIRE Hathaway’s cash pile soared to US$381.7 billion in the...
Dollar has second best month of 2025 on data void, hawkish Fed
[NEW YORK] The dollar wrapped up its second best month of the year as lack of official data muddies the outlook for the US economy and the Federal Reserve’s...
Alphabet, Amazon stakes in Anthropic boost profit by billions
[NEW YORK] Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were boosted by the increased value of their stakes in Anthropic...
