Culture
Chevron could see US$700 million-a-year boost from Venezuelan oil
[HOUSTON] Chevron could grow its cash flow by as much as US$700 million a year from increasing oil production in Venezuela as the Trump administration seeks to control the...
Trafigura readies first Venezuelan oil ship as part of mega sale
Traders have been notifying US refiners to gauge interest for the oil, with sales expected to kick off on Monday[HOUSTON] Commodities trader Trafigura Group is getting ready to load...
Oil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focus
The Organization of the Petroleum Exporting Countries pumped 28.4 million barrels per day last month[NEW YORK] Oil prices rose 2 per cent on Friday (Jan 9) on growing supply...
S&P 500 notches record high close driven by Broadcom, other chipmakers
The S&P 500 is trading at about 22 times expected earnings, down from 23 in November[BENGALURU] The S&P 500 rallied to a record high close on Friday (Jan 9),...
Meta signs multi-gigawatt nuclear deals for AI data centres
The agreements could end up totalling more than six gigawatts, enough to power a city of about five million homes[NEW YORK] Meta Platforms agreed to a series of electricity...
Philippines central bank sees inflation rising toward target
[MANILA] The Philippines’ central bank will keep weighing a feeble growth outlook against gradually rising inflation to set monetary policy in a balancing act that could bring an end...
Is S$5 billion enough? Panel weighs impact of EQDP on Singapore equity valuations
There was agreement that the sum has kickstarted things, and that the challenge would be to keep up the momentum built in 2025[SINGAPORE] The idea of allocating S$5 billion...
More Singapore drivers plan to return to petrol cars as EV interest dips: EY study
Respondents cite lingering anxieties over charging infrastructure and hidden costs[SINGAPORE] As many as 32 per cent of Singapore respondents in an EY study plan to purchase internal combustion engine...
MAS, SGX RegCo propose rule changes to pave way for SGX-Nasdaq dual-listing bridge
[SINGAPORE] In a key step towards establishing the Singapore Exchange (SGX) and Nasdaq dual-listing bridge, the Monetary Authority of Singapore (MAS) on Friday (Jan 9) proposed various legislative and...
Thai central bank to expand authority to scrutinise online gold trading
[BANGKOK] Thailand will expand the authority of its central bank in order to better supervise online gold trading, the bank’s governor Vitai Ratanakorn said on Friday (Jan 9). The...
