Culture
US: Wall St opens muted ahead of business activity data; geopolitical tensions in focus
Wall Street’s main indices had a subdued start on Friday (Nov 22) as investors awaited a business activity survey and monitored geopolitical tensions between Ukraine and Russia.The Dow Jones...
Trump’s return could extend US stocks’ dominance over global rivals
US stocks are extending their lead over global peers, and some investors believe that dominance could grow if President-elect Donald Trump can implement his economic platform without becoming mired...
CDL and joint ventures post S$611.1 million in Q3 sales, driven by Kassia launch
CITY Developments Limited (CDL) and its joint venture associates recorded S$611.1 million in sales for the third quarter ended Sep 30, 2024, from 321 units sold, up from S$325...
Paragon Reit to divest its majority stake in Australian shopping mall for A$192 million
Trust holds an 85 per cent interest in property; remainder is held by listed fund manager MA FinancialPARAGON Reit Management, the manager of Paragon Real Estate Investment Trust (Reit),...
China’s bottled water billionaire lashes out at Pinduoduo, ByteDance
One of China’s richest people has taken aim at tech firms ByteDance and Pinduoduo for allegedly harming him and Chinese brands.Zhong Shanshan, 69, and his bottled water company Nongfu...
Global banks weigh halting fresh credit to India’s Adani after US indictment
Some global banks are considering temporarily halting fresh credit to India’s Adani Group but staying put with existing loans following US prosecutors’ indictment of its billionaire founder Gautam Adani...
S&P lowers outlook on three Adani units after US indictment of founder
S&P GLOBAL Ratings lowered its outlook on three Adani Group entities to ‘negative’ from ‘stable’ on Friday (Nov 22), citing risks to funding access following a US indictment of...
Asian LNG jumps to highest this year as European benchmarks rise
NORTH Asia spot liquefied natural gas (LNG) prices jumped to the highest level this year on increased competition from Europe for the heating and power plant fuel.The Japan-Korea marker,...
Near-term volatility drives SGX to 17-year peak on higher turnover
SGX is benefiting from the 15.7% advance in the Singapore stock market so far this yearSHARES of Singapore Exchange (SGX) charged to their highest since December 2007, driven by...
Hot stock: ThaiBev rises 2.9% on married deals after results release
SHARES of Thai Beverage (ThaiBev) climbed in early trade on Friday (Nov 22) morning, after the beverage company released its financial statement for the full year ended Sep 30. As...
