Culture
Paragon Reit Q3 revenue up 3% at S$223 million
PARAGON real estate investment trust (Reit) grew its revenue 3 per cent year on year (yoy) to S$223 million in the third quarter ended Sep 30, up from S$215.6...
Social platforms, crypto exchanges can help fight money laundering and fraud, say Fintech Festival panellists
They add that the transboundary nature of financial crimes make data sharing between jurisdictions trickyA CALL went out on Thursday (Nov 7) for more industry sectors – specifically those...
Policy swings a key risk for Asian businesses under a Trump administration: DBS’ Tan Su Shan
But with this also comes opportunities related to intra-regional trade, the ‘China+1’ strategy, she addsASIAN corporates will have to stay agile and be ready for policy swings that will...
Sweden central bank makes biggest rate cut since 2014
SWEDEN’S central bank made its biggest interest rate cut since 2014 on Thursday (Nov 7) and signalled more reductions were forthcoming to kickstart the Nordic country’s economy.
The Riksbank lowered...
STI continues upward trajectory after Trump victory, ends Thursday up 2%
THE Straits Times Index (STI) continued moving up on Thursday (Nov 7) as regional indices posted mixed results.It rose 2 per cent or 70.5 points to 3,673.49.Across the broader...
China’s central bank pauses gold purchases for sixth straight month
CHINA’S central bank refrained from purchasing gold for its reserves for the sixth consecutive month in October, according to official data released on Thursday (Nov 7).
China’s gold holdings stood...
AstraZeneca’s US$1.5 billion manufacturing plant to create over 800 jobs in Singapore
ASTRAZENECA plans to hire more than 800 employees in Singapore including engineering, technical services and global supply chain roles at its upcoming US$1.5 billion Singapore manufacturing facility in Tuas...
OCBC to make cross-border payments available to over 50 digital wallets by 2026
The bank is starting with Chinese digital wallets Weixin Pay (WeChat Pay) and AlipayOCBC is collaborating with Visa to make cross-border fund transfers accessible to more than 50 digital...
DBS sees upside to 2025 profits under Trump administration
Singapore’s largest lender posts yet another record quarterly net profit of S$3 billion in Q3DBS expects its pre-tax profits for 2025 will be around 2024 levels, but chief executive...
Vietnam sets dong fix rate at record low amid US dollar strength
VIETNAM set its reference rate for the dong at a record low, setting the stage for more weakness in the South-east Asian nation’s currency as the US dollar’s surge...
