Culture

US dollar falls, bond futures gain as some Trump trades are pared
A GAUGE of the US dollar fell the most since late September and Treasury futures rose as polling data ahead of Tuesday’s (Nov 5) US elections prompted some investors...

US Fed to debate rate cut in shadow of presidential election
THE US Federal Reserve is widely expected to cut interest rates again this week, while votes are being counted in one of the closest-fought presidential races in decades.Opinion polls...

Oil rises as Opec+ delays output hike and Iran steps up rhetoric
OIL advanced after Opec+ agreed to push back its December production increase by one-month and tensions again escalated in the Middle East.Brent rose as much as 2 per cent...

Singapore shares rise at Monday’s open; STI up 0.5%
SINGAPORE stocks started trading in positive territory on Monday (Nov 4) after global markets ended the previous week higher.As at 9.01 am, the Straits Times Index (STI) opened 0.5...

Apollo plans to double Asia-Pacific headcount in private wealth
APOLLO Global Management is looking to boost hiring in the Asia-Pacific region as it seeks to grow assets from wealthy clients. “We plan to double headcount for private wealth...

Australian mining billionaire Ellison to step down after probe into undeclared payments
MINERAL Resources said managing director Chris Ellison will step down within 18 months after an internal probe into undeclared payments made to companies owned by him found the tycoon...

Blackstone in advanced talks to acquire shopping centre owner Retail Opportunity: sources
BLACKSTONE is in advanced talks to acquire Retail Opportunity Investments Corp (Roic), which owns US shopping centres and has a market value of US$3.4 billion including debt, according to...

Opec+ delays supply restart again as crude prices struggle
ORGANIZATION of the Petroleum Exporting Countries Plus (Opec+) agreed to push back its December production increase by one month, the second delay to its plans to revive supply as...

Australian lender Westpac sees solid credit demand in 2025, posts 3% annual profit fall
AUSTRALIA’S Westpac Banking on Monday (Nov 4) reported a fall in annual profit, and said it expects solid demand for housing and business credit in 2025 as the country’s...

Australia’s Westpac annual profit down as costs overshadow margin bump
No 2 Australian mortgage lender Westpac said on Monday (Nov 4) that annual profit dipped as costs associated with a technology overhaul outweighed an improved loan margin, but upped...